PayPal alternatives?
I really expected Google Checkout to become a PayPal alternative.
But there is no P2P function in Google Checkout which allows you to store cash, like PayPal does, and then spend it later on, without ever withdrawing to your bank account.
Amazon Payments also lack the P2P functions that PayPal has.
Why is this? Does PayPal have a patent(s) on P2P payments?
I know a few sites that do that, for example MoneyBookers, but Visa charges me Cash Advance + Interest, when I used MoneyBookers.
You have to fund your account before you can send money to someone else in MoneyBookers. To fund your account, the fastest way would be to use your Visa Card.
Then there is AlertPay etc., but since none of them are allowed on eBay, PayPal currently has a strangle hold on P2P payments market.
If the US or EU Anti-trust regulators want to go after someone it is supposed to be eBay, abusing their market dominance, to force people to use PayPal.