Subject:
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Re: PAYPAL Work-Around (untested)
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Newsgroups:
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lugnet.market.theory
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Date:
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Wed, 29 Nov 2000 00:43:36 GMT
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Viewed:
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756 times
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In lugnet.market.theory, Ran Talbott writes:
> In lugnet.market.theory, Jon Kozan writes:
>
> > On the face of it, it's pretty strange that a Personal Account can receive
> > unlimited payments just so long as they're not paid with a CC
>
> Not so strange:
>
> 1. Paypal has to pay the credit card discount, regardless.
> 2. They make money off the "float" (money that people leave in their
> Paypal accounts).
I don't contest anything that you said, I agree with it all.
The 'strange' thing was the part that you snipped off.
What's strange is that they leave this incongruous gap in their terms that
allows me to make the proposal that I did - and that others seems to be taking
advantage of...
-Jon
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Message is in Reply To:
 | | Re: PAYPAL Work-Around (untested)
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| (...) Not so strange: 1. Paypal has to pay the credit card discount, regardless. 2. They make money off the "float" (money that people leave in their Paypal accounts). So: 1. They encourage people to pay with money they didn't "pay a premium" for. (...) (24 years ago, 29-Nov-00, to lugnet.market.theory)
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