Once upon a time I heard a quote from a PayPal CEO that was something along the lines of "we used to have a lot of competitors, but they all failed because they thought we were all in the business of transferring money. We're actually in the business of fraud prevention."
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Once upon a time I heard a quote from a PayPal CEO that was something along the lines of "we used to have a lot of competitors, but they all failed because they thought we were all in the business of transferring money. We're actually in the business of fraud prevention."
PayPal uses Ironfist approach to cure fraud.
It's known to freeze large amount of cash balance without contacting you or getting anyone to talk to you about this.
Could you provide the source for this quote?