[jacquesm]

You really should have a look at how Simple bills itself. They bill themselves expressly as a replacement for your bank. The whole idea is that you absolutely rely on simple to do their thing or you might as well not use them.

http://simple.com/

If Simple is used the way they intend you to use them those scenarios are playing out right now. You really can't shift the blame for that onto those that believed the Simple proposition and acted as though simple was going to deliver.

Ordinary everyday people do not do single-point-of-failure analysis on their wallet, they simply expect it to work.

[gojomo]

And as noted in my other comment, my giant banks have failed in similar ways, leaving my to my own other options or simply shit-outta-luck for a few hours. You seem to have a similar complaint above about 'Rabobank'.

I don't see any marketing claim on the Simple site that they'll have fewer outages than the Rabobanks/BofAs of the world. (Where do you see that claim, or actual delivered level of service, from any actual existing bank?)

[jacquesm]

For me their homepage has text on it like this:

'get ready to leave your bank'

'unmatched security and support'

'replace your bank'

'use the simple card for all your purchases'

Those set the stage for some pretty high expectations, they make it plain simple expects to be your sole provider.

Rabobank fucked up once in 20 years, and then only on a peripheral part of their service (ATM and point-of-sale still worked). If they had dropped the ball on either I'd be out of there for sure.

[gojomo]

Not one of those implies "fewer brief outages" than traditional banks.

[jacquesm]

It's resolved now.

Almost four hours isn't brief. And I've never had a point-of-sale or ATM outage like that, ever. (other than the power blackout a few years back in the North-East, but not being able to pay for stuff was the least of your problems back then. By the way, our gas station was the only one running for 75 miles around because I had actually thought through how we'd operate in a situation like that).

It looks as if we hold our payment service providers to different standards. I expect mine to be there when I need them, you're ok with whatever your definition of 'brief outages' is.

It makes me wonder what it would take for you to start wondering if you've got your money parked with the right institution.

For me not being able to get at it when I need it is the one thing that would do it.

Anyway, great for 'simple' that they have it resolved, this will likely slow their adoption for a bit (though sync is on the ball in this thread and turning lemons into lemonade) and it will hopefully cause some serious introspection inside simple to make sure stuff like this will never happen again.

And maybe I'm wrong and old fashioned in my attitude towards payment services and we should just cut all those banks some slack and accept periodic outages. But my mid 80's bosses would fire my ass very quickly if I displayed that attitude on the job and I think it is too far ingrained in me to let go of.

Doesn't worry me in the least.