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Subject: 
MasterCard users may not be able to use PayPal
Newsgroups: 
lugnet.general
Followup-To: 
lugnet.market.services
Date: 
Sun, 21 Apr 2002 00:30:39 GMT
Viewed: 
1735 times
  
Oops, meant to post this in .general too. Please follow-up to original post

ROSCO

In lugnet.market.services, Ross Crawford writes:
> From this USA Today story
> http://www.usatoday.com/life/cyber/tech/2002/04/19/paypal.htm
> 
> "A new rule by MasterCard could crimp online commerce by stopping merchants
> from accepting credit card payments through third parties, such as the
> popular PayPal"
> 
> "The reason for the change, says MasterCard spokesman Alex Lau, is to
> protect financial institutions and card holders from fraud and identity theft."
> 
> "PayPal is working hard to get an exemption, it says."
> 
> Couldn't find any info on www.paypal.com



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