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> Why is no one competing with PayPal?

Go raise yourself 20-50 mil in VC money, then get several suites of legal types. PayPal has licenses in (by my count) 42 states. To operate in foreign countries, I'm sure the issues become much more involved. This isn't a matter of writing some cool code and getting server space somewhere.

https://www.paypal-media.com/licenses (which for me Safari is unhappy about the certificate for some odd reason)




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