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Love Zhaoying

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Posts posted by Love Zhaoying

    Thunes to acquire payments platform Tilia LLC

    in General Discussion Forum

    Posted

    Just now, Kyrie Deka said:
    15 hours ago, Love Zhaoying said:

    If Thunes were to own the exchange RATE,

    Thinking... I know what that would remind me of... hmmm...  and giving up that control, well I hope I don't see it but we just don't know what's in the agreement.  Word play in documents - could be anything in it.  That might sway things noticeably different for us if whatever determines the rate goes with Tillia ownership or the agreement. 

    I'm sure it won't, I was just making a poor comparison of "market rates" vs. "government-determined rates". LL owns the "market" and sets their own "market rate" vs. tying the L$ to something like the USD. I only mentioned Thunes in that context since they are taking the role previously fulfilled by Tilia (where LL owned Tilia, so technically LL set the rate not Tilia).

     

    • Like 1

    Thunes to acquire payments platform Tilia LLC

    in General Discussion Forum

    Posted

    10 hours ago, Zalificent Corvinus said:

    The only REAL market for the MobileLife Fail Viewer is basically EXISTING SecondLiers who want to check their IM's on the buss home to/from work, or during their lunch break.

    I believe streaming music works now. So, people can go to clubs and listen to music.

    Soon, HUDs will work. Then, people will be able to engage in "adult activities".

    Claiming that the "real" market is to check messages, is silly and reductive.

     

    • Haha 2

    Thunes to acquire payments platform Tilia LLC

    in General Discussion Forum

    Posted · Edited by Love Zhaoying

    1 hour ago, Zalificent Corvinus said:

    Since Tilla was how they collected the MONEY from all of us, for operating SL, it WAS their "core business".

    Many companies outsource their billing, collections, etc. So, you don't even realize that your statement is BS.

    ETA: Small websites use bolt-on collection software. They don't need to go write their own, as LL did.  My point is, even if "collecting money" is a company's "core business", that doesn't mean they need to write and own the software for doing so.

    • Like 4

    Thunes to acquire payments platform Tilia LLC

    in General Discussion Forum

    Posted

    24 minutes ago, Hydra Acer said:

    My question is: If you find Linden Lab so bad as a company, if you think that everything in Second Life works so badly, if you are so angry with everything new that is being done during these years: Why are you not running away from Second Life to another platform? Why are you wasting your time in these forums criticizing non-stop? It is simply something that I have always wondered about and I don't understand?

    One thing is to make a constructive criticism and quite another is to criticize everything and for everything.

    This does get asked, but should get asked more often.

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    • Haha 1

    Thunes to acquire payments platform Tilia LLC

    in General Discussion Forum

    Posted

    55 minutes ago, Zalificent Corvinus said:

     your statement is just a "LL can do no wrong and everything is just fine!" spam post.

    Nope, not at all. I brought up an aspect of the Thune deal that was not previously discussed, unless I missed it.

    On the other hand, your rude characterization of my post is indeed an egregious form of SPAM. Nice try, though. You won't get under my skin this time. 

    • Like 1
    • Haha 1

    Thunes to acquire payments platform Tilia LLC

    in General Discussion Forum

    Posted

    8 minutes ago, Jaylinbridges said:

    They list a some of their biggest customers on the Thune website (below).  It will be interesting how they will handle Paypal for incoming payments from SL business owners, since Thune has the same functions as Paypal.  If I still want to use Paypal as my "bank" account, do I still pay their high fees and have to wait 5 days for my money to be available?  

    With a Paypal wallet, it looks like Process Transfers could be in minutes, not days.  But at what fee cost?

    3843ccd0ee079311bac5f841a784f8d6.png

    I'm looking forward to buying L$ with PayPal.

    Thunes to acquire payments platform Tilia LLC

    in General Discussion Forum

    Posted

    14 minutes ago, Jaylinbridges said:

    I think you assume wrong here.  The attraction of Tilia was they are already licensed as a money transmitter in 48 US states and territories as quoted from the Thune announcement, and already have agreements with the major credit card companies.  (Not sure why only 48 states, but they are the currency experts.) 

    The only US involvement from Thune before this were agreements and partnerships for handling transactions to some foreign countries.  For example Palpal and M-PESA uses Thune for transactions to some African nations that are not served by Paypal or Skrill, or in countries where bank accounts or credit cards are not common.  The reason Thune is acquiring Tilia is to start a presence in the USA.  They had no direct presence before, but only US business customer partnerships paying for their services.

    https://www.prnewswire.com/apac/news-releases/thunes-announces-agreement-to-acquire-tilia-llc-302124379.html

     

    Good catch. 
    I was thrown off by the fact Thune's website listed PayPal and a couple others that I consider "US services", although I had read the bit about "48 US" etc. too!

    • Haha 1

    Thunes to acquire payments platform Tilia LLC

    in General Discussion Forum

    Posted · Edited by Love Zhaoying

    17 minutes ago, Chic Aeon said:

    It seems likely (no info on this at all) that the folks that are buying Tilia are buying the DATABASE with customers and client information.  So (to me) it seems like they will already have anyone's info --- especially those that processed credit out to Paypal.  When I agreed to the Tilia TOS at the very end of last year (after they had changed their TOS to the better) I didn't have to redo any info. It just went right through once it recognized me.  I had been "cashing out" monthly before Tilia was divided from SL. 

    So my fingers are crossed that I don't regret that move. 

    Not the "literal" database, after some transition period Thune would convert the Tilia data from the Tilia database, into the format for the database used by the Thune ERP.

    ETA: Of course they're "buying" but probably won't use much of the Tilia software after any conversion period. Unless somehow, Thune has zero US payment gateways (which makes little sense). I have to assume Thune had the better software and will "win", except any interface to SL, etc.

    Thunes to acquire payments platform Tilia LLC

    in General Discussion Forum

    Posted · Edited by Love Zhaoying

    4 minutes ago, Qie Niangao said:

    If US$ payment for a Premium subscription doesn't go through Tilia (and I'm not sure it doesn't), then this way the Lab could bypass Tilia.

    I would hope it bypasses Tilia, since it is a "direct payment" and Tilia / Thune shouldn't get a cut!

    Except, LL and users will benefit by "all payments going through Thune", since they will have more "payment methods".

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