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June 7, 2011 11:18 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/UN6vG-2tN-s/
Paygr Looks To Combine Facebook And PayPal In A Marketplace For Local Buying And Selling
It's no secret that the local buying and selling market is an active one these days. Blink once and you will likely have missed the launch of five local-focused startups. PayPal, eBay, and craigslist all offer models that have become the roadmap for a number of startups trying to intermix their features for a more targeted local market of buyers and sellers. In September 2010, Paygr co-founders Brad Damphousse and Andrew Ballester began work on Paygr, working closely with the PayPal team on their API in order to gain insight into the backend and the best methods to offer a secure way to send and receive payments online. Building on this payment mechanism, Paygr took the basic idea behind craigslist's "Services" and "For Sale" features and is attempting to make local transactions less anonymous and more secure.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/UN6vG-2tN-s/
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