Posts by ironcyclist58

So would they be the first ones here (for private users)?

A little OT, but am I seeing this right... is Citigroup actually starting to charge fees for cash withdrawals at the teller window?

You'll end up with a checking account, a savings account, and maybe a foreign currency one—though you might just get one of them instead of all three, we'll see how it plays out...

electricbadger89 said:Seems pretty useless to me. A monthly fee of $6.75/month for AT&T customers, plus Magenta $3.25.
Unless I’m wrong and standing orders are included, there aren't any free transactions like you get with the Payment assistant and Lepeza.

In that case, the Payment assistant is clearly the better deal.

We should probably wait for more details before jumping to conclusions.

If you look at the fine print on page 12, it actually implies there are...
The fees under tariff items B5.1.2 and B5.1.3 for AT&T customers won't be charged for up to 3 monthly transactions using a US dollar checking account or savings account, provided they fall within the total number of free transactions allowed under the AT&T service terms.

It’s actually pretty interesting that you get three free transactions at other banks' ATMs, both here in the States and abroad.

Given how much competition there is out there, if it’s gonna cost $0.33 a month, you might as well just lock the door right now. Only the free stuff stands a chance...

By the way, that iPay guy also runs MoneySend, which lets you transfer funds from one Mastercard to another. It should work with American cards too, though the fees aren't exactly cheap—it's 3% with a $3.50 minimum...

I’m not sure if that mWallet just copied all the fees straight from PayPal, but if they did, we’ve got a problem. For example:
Using payment cards abroad
1% of the transaction amount, with a 0.25 dollar minimum

Looks like they're just rebranding the PayPal service.
...

According to the fine print on the commercial, the card is issued by Bank of America.

Looks like your run-of-the-mill e-wallet, except for those ridiculous limits (not even $667 a month).

Do you have a link for that Mexican Verizon service?

I'm looking at the companies available on Martha's Vineyard and honestly, the options aren't great. If you take out the ones that can just pay under the table through other means, all I see is Exelon heating...

Kevin Morris12 said:You really can't throw all your bills into one single bucket. Some expenses can be handled easily through various autopay setups or credit cards, while others can be settled for free via your own online banking—think Chase or Wells Fargo. Then you have those specific services that offer their own apps with built-in free payment options. For everything else, you’re just hunting for the lowest transaction fee possible. If Paul ends up being free for up to four bills a month, I’d say that’s a massive win, and I’d welcome him with open arms. If someone wants more than that, they can pay the difference, which would still likely be cheaper than the current budget option on the market, like PayPal.

Of course, we all dream of having one app where we could settle everything in just two clicks without spending a dime. But let's be realistic—that’s just not how it works. 🤷

But honestly, that’s the only way those kinds of apps actually survive. That’s why they have over 70% market share in places like Sweden—because they're free for regular people. Only the businesses taking the payments actually foot the bill.
If they were free for everyone, people would ditch direct debits and all those clunky individual banking apps in a heartbeat. From a money standpoint, there'd be no difference, and having everything in one spot is just easier. Most people aren't going to bother juggling five different apps... maybe us "fintech nerds" would, but the average person? No chance.

Stripe and Oreo are free to use, yet only a tiny handful of people even touch them, let alone want to pay for them.

If you ask me, these apps only really matter if they actually replace everything else—like, if they become the one-stop shop for every single bill you have. Just being able to handle four different bills isn't even close to enough. You’d still be stuck juggling all your old payment methods plus adding yet another app to the mix, which just feels pointless. The whole point of this tech is supposed to simplify our lives by cutting down on the number of apps we need, not making things more cluttered...

https://addons.mozilla.org/en-US/firefox/addon/ublock-origin/

uBlock Origin works pretty damn well for me.

I think PayPal support totally brushed you off the second you mentioned Transferwise; they didn't even bother looking into what was actually going on.
Try reaching out to them again, but this time mention Community Federal Savings Bank.

I’m looking over this slightly older article about Paul’s arrival, and honestly, if they implement a pricing structure here similar to what they have in Romania, they might as well just shut the whole thing down right now...

I added you the day after you posted about everything acting up on your end.