Subject:
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Re: New PayPal feature ?
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Newsgroups:
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lugnet.market.services
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Date:
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Sat, 20 Jan 2001 07:09:34 GMT
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Viewed:
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3150 times
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Ya, I got this too - I was wondering if they some problem going on, or is it
just covering their tail? Oh well.
In lugnet.market.services, Ray Sanders writes:
> I received this email from PayPal just now. Looks like PayPal may be having a
> problem with fraudulent charges (notice I said "may be having"). This is the
> first time I have heard PayPal talk about chargebacks to seller accounts.
>
> Ray
>
> ----- begin email -----
> Dear Valued PayPal Member:
>
> We wanted to let you know of an important new PayPal feature.
>
> Because PayPal is often used to make online purchases, we have
> modified the Send Money process to ask payers for a shipping
> address. For security reasons, this shipping address must match
> the payer's credit card billing address. Payers have the
> opportunity to either share this address or refuse to give this
> information.
>
> When you receive a payment, you will be able to view this
> "Verified Shipping Address" in the payment details. If a payer
> declines to share this information, the payment will appear in
> your inbox as "PENDING" with buttons for you to "Accept" or
> "Deny" the payment.
>
> We introduced this feature primarily for PayPal members who sell
> online. If you are selling goods, you will accept the risk of
> any chargebacks if you do not ship to the Verified Shipping
> Address. Shipping to a credit card billing address significantly
> reduces the risk that a buyer is paying with a stolen credit
> card.
>
> Sellers can learn more about how to protect themselves from
> chargebacks on our website at:
> http://www.paypal.com/cgi-bin/webscr?cmd=p/gen/shipping-address-outside.
>
> IF YOU DO NOT USE PAYPAL TO SELL ONLINE, you may want to change
> your account settings to accept payments automatically even if
> they do not include a Verified Shipping Address. Do this by
> logging in to your account and changing your "Preferences"
> located under the "Profile" subtab.
>
> Thank you for using PayPal, the world's #1 online payment
> service.
>
> Sincerely,
>
> The PayPal Team
> www.paypal.com
> ----- end email -----
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Message is in Reply To:
 | | New PayPal feature ?
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| I received this email from PayPal just now. Looks like PayPal may be having a problem with fraudulent charges (notice I said "may be having"). This is the first time I have heard PayPal talk about chargebacks to seller accounts. Ray ----- begin (...) (26 years ago, 20-Jan-01, to lugnet.market.services)
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