Subject:
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Re: PayPal and X.com Warning
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Newsgroups:
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lugnet.market.auction
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Date:
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Sat, 12 Feb 2000 18:33:39 GMT
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Viewed:
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476 times
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On Sat, 12 Feb 2000 10:37:12 GMT, John Neal <johnneal@uswest.net>
wrote:
>
>
> Timbo wrote:
>
> > I don't mean to make anyone paranoid, but there is one very serious
> > problem I see with these services. Technically in order for a credit
> > card transaction to be valid there HAS to be a signature. I know that
> > people don't alway do this, especially on the Internet and by phone.
>
> <snip>
>
> Even before the internet, I have used my credit cards 100s of times w/o a
> signature. This problem, if there is one, extends *way* beyond X and
> PayPal.
>
> -John
IMHO, On X.com I actually have an overdraft credit line of 1,000,
probably everyone does. If you refused a charge It would probably
draw into your overdraft then you would be responsible for paying back
X.com, like any other credit account you owe. That is probably the
entire purpose of giving us the credit line in the first place.
Thomas
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Message has 1 Reply:
 | | Re: PayPal and X.com Warning
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| (...) It seems to vary by person. I suspect they run a credit report on each person as part of sign up. I know I would if I were architecting the business process... I know it varies because mine is different than yours. I won't say how much (...) (25 years ago, 12-Feb-00, to lugnet.market.auction)
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Message is in Reply To:
| | Re: PayPal and X.com Warning
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| (...) <snip> Even before the internet, I have used my credit cards 100s of times w/o a signature. This problem, if there is one, extends *way* beyond X and PayPal. -John (25 years ago, 12-Feb-00, to lugnet.market.auction)
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