Barriers, Competition Defined PayPal’s Early Days

One of the major problems was dealing with country-by-country financial and payments regulations, many of which differ from place to place. Keeping back the efforts of competitors and maintaining a stable supply of resources were pivotal in keeping PayPal solvent, let alone successful.

“You can not win over a sustained period of time if you go against what your customers want to do. If you do things your customers hate, you can’t win over the long term,” Marcus said.

“What’s Hot” is aggregated content. PYMNTS.com claims no responsibility for the accuracy of the content published by the original source.