Subject:
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MasterCard users may not be able to use PayPal
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Newsgroups:
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lugnet.market.services
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Date:
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Sun, 21 Apr 2002 00:24:06 GMT
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Viewed:
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2423 times
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From this USA Today story
http://www.usatoday.com/life/cyber/tech/2002/04/19/paypal.htm
"A new rule by MasterCard could crimp online commerce by stopping merchants
from accepting credit card payments through third parties, such as the
popular PayPal"
"The reason for the change, says MasterCard spokesman Alex Lau, is to
protect financial institutions and card holders from fraud and identity theft."
"PayPal is working hard to get an exemption, it says."
Couldn't find any info on www.paypal.com
FUT lugnet.market.services
ROSCO
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