Hacker News
new
|
past
|
comments
|
ask
|
show
|
jobs
|
submit
login
collision
on Jan 17, 2014
|
parent
|
context
|
favorite
| on:
Payments Startup Balanced (YC W11) Is Processing $...
We don't collect interest on customer funds and -- if you run the numbers -- it wouldn't be of any significant value if we did.
zende
on Jan 17, 2014
|
next
[–]
I know the part about interest. You can't collect interest on money that's not actually your own, which is the same case with any payments company.
Out of curiosity, why
don't
you release the money faster?
uladzislau
on Jan 17, 2014
|
parent
|
next
[–]
Fraud protection, isn't it obvious?
jareau
on Jan 17, 2014
|
root
|
parent
|
next
[–]
No
loceng
on Jan 20, 2014
|
prev
[–]
Thanks for the response. Who collects it then? I can't imagine it stays idle..
Guidelines
|
FAQ
|
Lists
|
API
|
Security
|
Legal
|
Apply to YC
|
Contact
Search: