Comments on: MiniMerger: Obopay Aquires Billmonk

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Add to that PPM’s compatibility issues with a fairly wide variety of phones, and I still think on balance Obopay has the edge in this specific market.

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By: Tom

Tom — Mon, 26 Feb 2007 04:28:36 +0000

@Justin

“I think MR I and/or mobilemobile are very likely Obopay employees, ”

Justin, you jackass, you work for obopay.

By: sadhopes

sadhopes — Tue, 20 Feb 2007 23:21:32 +0000

I concur speddowkross, all is left for them is propaganda…. best of luck to you employees hehehehe

By: speddowkross

speddowkross — Mon, 19 Feb 2007 20:14:13 +0000

lame employee promotion Justin, Jagdish and Randy – lame

By: Randy

Randy — Thu, 15 Feb 2007 05:01:57 +0000

used obopay to get money which covered my gf’s flowers today…dont know how i wouldve gotten cash another way…

By: Jagdish

Jagdish — Mon, 12 Feb 2007 07:49:26 +0000

obopay’s expanding into India already. i think they’ve got something…there’s too much of a market

By: Steve

Steve — Sat, 10 Feb 2007 01:44:31 +0000

there’s definitely potential in what Obopay’s doing. there are a lotta cell phones out there, and life keeps speeding up…getting money fast is key.

not so sure you’re right on this one investwise

By: Justin

Justin — Wed, 07 Feb 2007 21:33:58 +0000

Fair enough. Time will definitely tell…

By: investwise

investwise — Wed, 07 Feb 2007 19:41:42 +0000

Justin, all arguments aside…let’s revisit after 8 months… I’ll give it a max time of 6 months before the investors will make a decision to put this to rest….

By: Justin

Justin — Mon, 05 Feb 2007 19:06:08 +0000

investwise, your “keen insight” proves itself completely wrong: I’m no Obopay employee. What I typed is very honestly my objective assessment. If I did work for the company, why would I mention potential downsides to their business model? That wouldn’t make too much sense, now would it?

You’re also wrong about the buzz being dead. Most of the tech blogs have news of this merger at the forefront, since it was only a few days ago. Here are a few of the links:

http://fallontr...ment-meets.html

http://www.moco...#When:22:04:00Z

http://nanotech...uires-Billmonk/

Really work in the future on knowing the actuality of what you’re saying before you decide to spout it off in public, alright there champ? Otherwise no one will take what you say seriously, and rightfully so.

By: investwise

investwise — Sun, 04 Feb 2007 18:32:09 +0000

Justin, let’ss add u to the obopay employee list too…

Bottomline, it’s just a matter of time before obopay enters the RIP list….

The buzz is dead and I hear no one mention mobile payments and startups around it anymore…
Paypal wouldn’t care as they have other venues of growth too… In fact that might even shut the service down…

In fact banks are building stratergic partnerships with stratetic companies like firethorn and mfoundry (these companies are run by seasoned banking executives which is a key requirement for success and strategy)….

It’s a matter of few more months before reality bites….. Till then another few million $$$$ of the investors money will be burned by such startups….

By: Justin

Justin — Sat, 03 Feb 2007 00:30:03 +0000

I think MR I and/or mobilemobile are very likely Obopay employees, but I do think they raise a couple of key points (with some added qualification). Amp’d and Helio definitely are both struggling, and it is certainly true that more VC funding definitely does NOT necessarily = success in the start-up game.

That being said, I don’t see PayPalMobile expanding its service into other countries yet. Obopay moving into India first is a KEY strategic move, ESPECIALLY considering the market’s growth rate.

The other thing is that Obopay’s service is, objectively/factually speaking, much better than PayPalMobile’s (I’ve used both). The main reason why I say this is wait time: you get your money with Obopay in real-time, while with PPM it takes 4-5 days. The whole idea with mobile payments is INSTANT accessibility to money, and PayPalMobile just doesn’t allow for that.

Add to that PPM’s compatibility issues with a fairly wide variety of phones, and I still think on balance Obopay has the edge in this specific market.

By: lovetechcrunch

lovetechcrunch — Thu, 01 Feb 2007 00:20:32 +0000

What does Obo stand for? Can I use them in my country (The Philippines)?

By: EBAY

EBAY — Wed, 31 Jan 2007 23:50:04 +0000

SEE ABOVE:

employee comment……..lame……..really lame……. ZZZZZZzZZzzZZZzzz

By: mobilemobile

mobilemobile — Wed, 31 Jan 2007 22:15:12 +0000

I signed up for Obopay a few months ago and LOVE the service. It is the only one that allows me to send and receive money in real time and works on EVERY carrier and device unlkine the others. I also trust it b/c it came with a prepaid MasterCard that allows me to withdraw my cash anytime from any ATM machine.

I am a big PayPal and eBay user but will never use their mobile product whatsoever. They are great for basic Web shopping but not mobile. I looked at PayPal Mobile and others and not a single one of them offered real-time money transfer, worked on all devices, or allowed me to withdraw my funds.

By: Pico Merger?

Pico Merger? — Wed, 31 Jan 2007 18:08:37 +0000

#16 MR I

Seems like you are affiliated with Obopay. Amp’d & Helio both are struggling. Does raising venture fund mean Obopay is going to succeed? Just think how much money Redpoint has burnt on Amp’d?

How may users Obopay has? 100K? more?

Thanks.

By: MR I

MR I — Wed, 31 Jan 2007 15:23:40 +0000

I find it interesting how some posters believe Pay Pal is the dominate player in this mobile payments space. They have ZERO distribution with mobile operators and are forever locked into consumer minds as an EBay purchasing tool. In addition, while PayPal announced their service last year (same time Obopay Launched), they have not generated and traction. While Obopay clearly has, by doing deals with two leading MVNO’s ( Amp’d & Helio ). Secured Strategic funding with tier one VC’s the likes of Redpoint & Qualcomm. Furthermore they announced a new office in India, one of the hottest mobile money markets in the world and now the very savvy acquisition of Bill Monk. Also in response to IT Bankers comments, “As a consumer, I’d trust a bank who launches such services in contrast to 3rd party vendors” Do you really see a “BANK” doing anything with the likes of PayPal? Moreover, do you think a bank would allow Cingular aka Firethorn to control the entire mobile banking ecosystem? My money’s on Obopay, they are doing all the right things.

By: whoopee

whoopee — Wed, 31 Jan 2007 05:58:05 +0000

please join the very long line of digital payment roadkill