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Subject: 
Re: parts update
Newsgroups: 
lugnet.market.services
Date: 
Tue, 28 Nov 2000 13:21:03 GMT
Viewed: 
3031 times
  
In lugnet.market.buy-sell-trade, Larry Pieniazek writes:
> Yes. In fact this is the best way to use it. Funding it can be a bit of a
> pain if you spend more than you take in. (for US users, there is a several
> day delay after you do an EFT into the account to fund it, this is due to
> "processing delays" but actually is so that PayPal gets the float, this is
> where they make their money. And CC payments are worse...)

Well, I have to disagree a tiny bit here.  Funding via EFT, once you have
the bank account setup (which is required to be verified, right?) is no more
difficult than paying with a credit card.  It does take longer to _process_
but it takes no more effort to send or receive than a credit card payment,
and personal accounts can receive an unlimited amount of eCheck (EFT)
payments versus $500 in Instant eCheck (credit card) payments.

I sure hope Paypal allows ALL accounts to choose which types of payments to
receive soon, as I'm almost at my limit for credit card payments.  If I get
the choice I'll just turn the ability to receive them off.  If I understand
what their policy currently says, if someone pays me with a CC and puts me
over my limit Paypal is going to hold onto that money until I upgrade my
account (which I'm not planning on doing) and I'll have to login and refuse
the payment, bouncing it back to the buyer.



Message has 3 Replies:
  Re: parts update
 
(...) Part of that problem may be that Paypal, while international now, does not allow international users any other option. I can use a credit card, or I can use a different credit card. Woo. I like their authentication process, though. Does a good (...) (26 years ago, 28-Nov-00, to lugnet.market.services)
  Re: parts update
 
(...) I'm saying it's a pain merely because of the lag. Sometimes (shame on me) I don't plan well and I need parts INSTANTLY that I can't pay for with funds already in the account. Other than that I agree with the snipped part of your post How close (...) (26 years ago, 28-Nov-00, to lugnet.market.services)
  Re: instant echeck = credit card? Was: parts update
 
(...) I've seen this mentioned a couple times that "Instant Echeck" is the same as paying by credit card. From what I read on Paypal, and instant echeck can be done via a bank account withdrawal, with only a temporary hold on my credit card. So to (...) (26 years ago, 28-Nov-00, to lugnet.market.services)

Message is in Reply To:
  Re: parts update
 
(...) Yes. In fact this is the best way to use it. Funding it can be a bit of a pain if you spend more than you take in. (for US users, there is a several day delay after you do an EFT into the account to fund it, this is due to "processing delays" (...) (26 years ago, 28-Nov-00, to lugnet.market.buy-sell-trade, lugnet.market.services)

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