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Post Info TOPIC: Stripe looks to dethrone PayPal with backing from Peter Thiel and Elon Musk


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Stripe looks to dethrone PayPal with backing from Peter Thiel and Elon Musk


Stripe looks to dethrone PayPal with backing from Peter Thiel and Elon Musk

Shane McGlaun, Feb 2nd 2012

PayPal has been around for many years now and is the standard for paying for things on eBay. PayPal is generating huge revenues and is the source of some significant ire for many online shoppers. I know many users of PayPal have been waiting for quality alternative for a long time. It looks like the quality alternative could possibly be a new startup called Stripe. Interestingly, some of the founders of PayPal are backing Stripe.

 

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Exposing the sleazery of ebaY and PayPal

 

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