Subject:
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Re: instant echeck = credit card? Was: parts update
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Newsgroups:
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lugnet.market.services
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Date:
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Tue, 28 Nov 2000 21:32:38 GMT
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Viewed:
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1873 times
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> > Instant eCheck (credit card) payments.
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 the person I'm paying, they do not see it as a credit
card payment.
From Paypal:
"We will not charge your credit card unless your bank account transfer
fails. This is just like when you check into a hotel, and they pre-swipe
your credit card"
That's the way I read it. If I'm wrong, I may have cheesed off a few
sellers over the last couple weeks.
Just curious, Mike, where did you get your info?
Thanks,
Greg Kramer
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Message is in Reply To:
 | | Re: parts update
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| (...) 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 (...) (24 years ago, 28-Nov-00, to lugnet.market.services)
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