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krrishd
I kinda wish the focus was still on the merchant accounts, I'm building a whole eCommerce app with the Ribbon service and AngularJS, but I'm worried that it will be rendered useless if the merchant service is ditched....
kloncks
Not planning on ditching. I would love to hear more about what you're building -- hany@ribbon.co :)
dwaltrip
How are they doing p2p USD payments? Is it bank account directly to bank account?
milkmanjr
They may be taking the Square approach which is "refunding" debit cards with the amount of the transaction.
kloncks
We're doing cards (both debits and credits) and we'll also do direct bank to bank.
pbreit
Good luck, I guess. P2P payments are a lousy business because cash, checks and splitting tactics work fine and no one wants to pay a fee for settling up with a friend.
kloncks
I agree completely.

That's why our P2P payments are 100% free for debit cards and bank transfer!

ceejayoz
Out of curiosity, what's the revenue model then?
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kloncks
Aside from businesses using it...it really really helps that we have a healthy merchant product that is making money at http://o.ribbon.co :)
magerleagues
I have high hopes for these guys. Really smart team and they are motivated to solve this problem better than anyone I've met.
kloncks
Love it! Really appreciate the support.
gailees
I guess Venmo getting acquired by Paypal is going to leave a huge gap in the market. These guys are executing on all cylinders to fill it.