Subject:
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Re: How safe is PayPal?
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Newsgroups:
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lugnet.market.shopping
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Date:
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Sat, 20 Jan 2001 18:23:42 GMT
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Viewed:
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982 times
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In lugnet.market.shopping, Matthew Teets writes:
> Brad,
>
> Look at your credit card statements, do they show an extended zip code (+4)?
> If so, you won't be able to use Paypal until you call your bank and have
> them change it to -0000 because Paypal has a verification system which can't
> recognize more than 5 digits. Of course this totally fries the postal
> system and causes the USPS to raise rates because of all the extra mail they
> have to manually sort. I've reported them to the post master general (you
> don't mess with the postal service) and he would be a fool not to either
> shut them down or force them to change, so there may be at some point, an
> interruption in service. I personally think (as you can tell) Paypal is the
> spawn of Satan, because their software seems about as robust as a pinto's
> gas tank, and their customer service is lacking if there is a problem. But
> take your chances, you could be lucky.
I think that's a bit overblown... While I have issues with their fee
structure (especially since international buyers can ONLY fund accounts with
credit cards, meaning that I can't get more than 100 from an international
buyer period) I don't see them as all that unreliable. I have never had
trouble that CS didn't promptly resolve, but then, I haven't had any
significant trouble, just a few minor issues.
I'd rate Paypal as safe.
++Lar
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Message has 1 Reply:
 | | Re: How safe is PayPal?
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| Why can't you get more than $100 period? Do what I did, set up a Premier and a standard account. ONLY use the Premier for CC funded payments, and charge 2% extra when people use it (which just about covers the charges from PayPal averaged out over (...) (26 years ago, 20-Jan-01, to lugnet.market.shopping)
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Message is in Reply To:
| | Re: How safe is PayPal?
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| Brad, Look at your credit card statements, do they show an extended zip code (+4)? If so, you won't be able to use Paypal until you call your bank and have them change it to -0000 because Paypal has a verification system which can't recognize more (...) (26 years ago, 20-Jan-01, to lugnet.market.shopping)
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