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Ethnamed VS PayPal.Me

Compare Ethnamed VS PayPal.Me and see what are their differences

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Ethnamed logo Ethnamed

Like Venmo, but for cryptocurrencies 🤑

PayPal.Me logo PayPal.Me

Request money using your own personalized URL.
  • Ethnamed Landing page
    Landing page //
    2021-10-29
  • PayPal.Me Landing page
    Landing page //
    2021-07-30

Ethnamed features and specs

  • Decentralization
    Ethnamed operates on a decentralized network, which enhances security and reduces the risk of censorship, ensuring that users have control over their domain names without relying on a central authority.
  • Integration with Ethereum
    The platform is built on the Ethereum blockchain, allowing for seamless integration with smart contracts and decentralized applications, making it a valuable tool for those invested in the Ethereum ecosystem.
  • Simplified Transactions
    Ethnamed allows users to replace complex hexadecimal addresses with human-readable names, making blockchain transactions more accessible and user-friendly.

Possible disadvantages of Ethnamed

  • Network Accessibility
    Since Ethnamed relies on the Ethereum blockchain, network congestion and high gas fees can affect accessibility and usability, especially during times of heavy network activity.
  • Adoption and Awareness
    The platform may face challenges in widespread adoption due to a lack of awareness or understanding among potential users who are unfamiliar with blockchain technology.
  • Competition
    Ethnamed faces competition from other blockchain-based naming services, which could impact its market share and the adoption rate of its services.

PayPal.Me features and specs

  • Ease of Use
    PayPal.Me allows for easy and quick requests for payments through personalized links without needing the payee's email, making the process user-friendly.
  • No Transaction Fees for Personal Payments
    Transactions made for personal payments do not incur a fee if funded via a PayPal balance or linked bank account.
  • Brand Trust
    PayPal is a well-known and widely trusted brand, which may increase trust and confidence in using the service for transactions.
  • Instant Notifications
    Users receive instant notifications when payments are received, providing real-time updates.
  • Global Accessibility
    Users can send and receive payments globally, making it a versatile option for international transactions.

Possible disadvantages of PayPal.Me

  • Fees for Business Transactions
    A standard processing fee is charged for each transaction made for commercial purposes, which may be cost-prohibitive for some users.
  • Dependent on PayPal Account
    Both the sender and recipient need to have a PayPal account, which can be a hurdle for users who do not have or do not wish to create one.
  • Currency Conversion Fees
    Fees are applied for currency conversion, which can add up for users conducting transactions in different currencies.
  • Limited Customer Support
    Customer service can sometimes be slow or unresponsive, which can be frustrating in case of issues or disputes.
  • Transaction Limits
    There are certain limits on the amount that can be sent or received, which may pose an issue for larger transactions.

Analysis of PayPal.Me

Overall verdict

  • Yes, PayPal.Me is generally considered a good service for sending and receiving money easily.

Why this product is good

  • Secure
    It utilizes PayPal's secure platform, ensuring that financial transactions are protected.
  • No fees
    There are no additional fees for personal transactions using your PayPal balance or linked bank account.
  • Ease of use
    PayPal.Me provides a simple platform for users to create personalized payment links, which can be easily shared for sending or receiving money.
  • Global reach
    With availability in numerous countries, it allows individuals and businesses to send and receive payments worldwide.

Recommended for

  • Individuals looking for a hassle-free way to request money from friends and family.
  • Freelancers or small business owners who need a convenient payment option for clients.
  • Anyone who wants to create quick, personalized payment links without sharing personal banking details.

Ethnamed videos

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PayPal.Me videos

+ Add

How to create a PayPal.me link 2020 | Request money from friends, customers or receive donations

More videos:

  • Review - PayPal.Me : Get Paid Faster and Easier with a Personalised Link

Category Popularity

0-100% (relative to Ethnamed and PayPal.Me)

Ethnamed

PayPal.Me

Crypto
100 100%
Crypto
0% 0
Online Payments
28 28%
Online Payments
72% 72
Fintech
100 100%
Fintech
0% 0
Payment Platform
0 0%
Payment Platform
100% 100

User comments

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What are some alternatives?

When comparing Ethnamed and PayPal.Me, you can also consider the following products

Metal Pay - Pay your friends and get up to 5% back in crypto.

Cash App - The easy way to send, spend, bank, and invest.

Solo - Personal kanban boards hosted on your own server

Facebook Pay - Send money to your friends via Messenger

Stripe - Online payment processing for internet businesses. Stripe is a suite of payment APIs that powers commerce for online businesses of all sizes. Use Stripe’s payment platform to accept and process payments online for easy-to-use commerce solutions.

Square Cash - Email money to Anyone

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