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Based Florida Man's avatar

Nice! I have our dough spread over 3 credit unions here in FL. I've tested the ATM cards so we can maximize cash grabs if times start getting dicey. I do use a Wells Fargo account with about 3,000 to handle crypto wallets. (I'm mostly out of crypto tho, I'm a big chicken).

Also cancelled paypal early this week which sucked as they are a cool service for ebay and sending cash to some youtubers I follow.

I'm setting up gabpay now, but they are limited. Almost no one big uses them. It is useful for person to person transfers. But we need to start building the parallel economy.

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Leslie's avatar

Check out GloriFi, promoted by Candace Owens as a replacement for Paypal. She claims they have conservative values. I haven't personally looked into it yet. Just cancelled Paypal as well and will be checking it out.

https://glorifi.com/wp-content/uploads/2022/10/Candace-Owens-PR_Final.pdf

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Christy's avatar

Thank you for sharing!!!

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Denise's avatar

Be careful with GloriFi. A Wall Street Journal article this week seemed indicate troubled financials or even bankruptcy for the enterprise.

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MOMinator's avatar

Appreciate the input, but I trust Candace waaaay more than WSJ

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YYR's avatar

Interesting timing.🤔

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Kim's avatar

That may have been because enough people hadn't heard about it yet. The WSJ article was 4 days ago. This Yahoo article is from 2 days ago. According to the article 33,000 people signed up in the first 100 hours after Owens mentioned it on Instagram.

https://finance.yahoo.com/news/glorifi-exceeds-market-expectations-within-133300112.html

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Benjamin Two N's's avatar

I'm going to look into it! I have paypal, Cashapp, zelle, Facebook pay, and venmo.

I need to consolidate.

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Roger Beal's avatar

Venmo = PayPal. Zelle is great provided the person on the other end of your transaction is fully trusted.

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Gigi Gummerson's avatar

You know that eBay uses PayPal very seldom now? I’be been selling on eBay for 24 years, a couple years ago they set up their own accounts. You might check it out...quick & easy especially for sellers. No big surprise of fees at the end of the month.

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Jon Stephenson's avatar

Do you know if you can cancel paypal without cancelling venmo?

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Dr Linda's avatar

Good ideas

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Earnshaw's avatar

Do you mean parallel or alternative economy?

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Paula Daly's avatar

Dan Bongino has been using a different one for a while. Bongino.com you can find all his stuff.

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Oct 14, 2022
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Roger Beal's avatar

Correct. Ebay ditched Paypal 3 or 4 years ago and now run their own "managed payments" back office. You can pay your seller with a credit card, or even from your pending Ebay sales revenue funds. Your seller gets the money as quick as 24 hours. As a "power seller" with 20 years on the platform, I recommend Ebay's system.

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