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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: 
772 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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