Great article. I particularly liked the discussion about how they took their bus... | Hacker News

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illumin8 on July 8, 2010 | parent | context | favorite | on: WePay (YC S09): Innovating Where Banks Won’t

Great article. I particularly liked the discussion about how they took their business through the YC process and to market.

It seems like WePay is a service that has a lot of potential. It also seems like it might have some potential for fraud and money laundering, so I hope that doesn't happen to the service.

narrator on July 8, 2010 [–]

I read a bit of the history of PayPal. It seems like they spent an enormous amount of time dealing with fraud and security issues.

edash on July 8, 2010 | [–]

Max Levchin is a WePay investor, though.

Fraud and security will be a headache, but they have access to smart people who have handled these issues before.

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