Subject:
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"Member reputations" at PayPal
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Newsgroups:
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lugnet.market.services
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Date:
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Sun, 16 Jul 2000 17:47:28 GMT
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Viewed:
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1249 times
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PayPal has or will introduce these. It flashed by on the news page and I can't
find more info on it but apparently there will be some sort of scheme
implemented to check the rep of a person before you send them cash. That's all
I know.
Of course I'll be looking to buff mine up once it's clear what it means.
Also, it looks like they are continuing to toughen up the line between
personal and business, with ever more strongly worded reminders that if you
run a business you have to do a business account (with the corresponding 2% or
more haircut).
I saw that some industry wags were saying that PayPal/X is not a sustainable
business model and that it's doomed to fail. If we all act like it will and
keep our account balances small there, it will of course make things worse for
them by reducing the float they get to ride...
++Lar
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