[OT] Paypal

From: Jim Strickland <jim_at_calico.litterbox.com>
Date: Sun Sep 24 15:04:10 2000

> Caveat Emptor . . . I've heard that you don't have recourse through PayPal
> like you would through Visa or MasterCard if you get ripped off.
>
> AFAIK, PayPal is like using cash for the seller, and plastic for you and me.
> I'd be super cautious.
>
> What you might be able to do is arrange to have the seller go through a
> friend or business that takes plastic. I've done that once, paying the
> discount as well. In that case, if you get ripped off, it is between the
> seller and his 'friend/business'. They can fight over your chargeback
> leaving you in the clear . . . .

Paypal are slime. They promised it would be "Forever free" to use, but if you
receive any money through them they start insisting you get a seller's account,
which of course has a fee. They also put a 300 lifetime limit on your account
until you give them a bank account number. I don't know what they do with these
numbers, but I'm not giving them out to anyone - them having my visa number is
bad enough.

In all honesty they haven't done anything to me personally - I've had several
transactions through them until I depleted my $300 limit, and it DOES work, but
yes, you have no recourse if you get e-screwed. They say this up front in the
agreement to use their service.

-Jim

-- 
Jim Strickland
jim_at_DIESPAMMERSCUMcalico.litterbox.com
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Received on Sun Sep 24 2000 - 15:04:10 BST

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