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Paypal under attack | 336 comments | Create New Account
Comments belong to whoever posts them. Please notify us of inappropriate comments.
Paypal under attack
Authored by: Anonymous on Friday, March 22 2013 @ 11:36 PM EDT
I suspect (just a hunch, no real evidence) that this may be the Card's
second bite at this cherry. A while ago, a year? more? (I don't donate
to GL as regular as I should, mea culpa) it was possible for a
non-member to make a payment to a PayPal member. Now maybe
there's some fine print in PayPal's contract with the Cards that says
PP cannot undercut the Cards to be a banker for sellers.

What happened is that two days ago I went to pay via PP for a
casual purchase and found no way to do it without creating an
account and signing on as a PP member. There were a number
of warning/explanatory notes about why they needed so much
personal information and how long they kept it - in accordance
with US law.

This way PP can claim it is allowing payment transfers only between
members, but the Cards are miffed at being sidestepped. I could
be miffed too at not being able to donate to GL because I don't
want my personal information in the hands of the US law, but
I fear it may be too late for that ...

[ Reply to This | Parent | # ]

Paypal under attack
Authored by: Anonymous on Saturday, March 23 2013 @ 12:13 AM EDT
Visa Has No Plans for Digital Wallet Fee [yeah, right]

Visa backs MasterCard digital wallet surcharge plan

Visa to Lade More Fees on 'Staged' Digital Wallet Providers

What's in Your Digital Wallet? Lucrative Data WSJ

You may need jimcrackery to read WSJ, like purging cookies and cache then going thru Google News. The article is worth reading as a sane analysis, pointing out Visa's denial came from elsewhere in the company after the initial statement. WSJ also says Amex is not in the fight (yet), and PayPal inked a deal with Discover last year.

[ Reply to This | Parent | # ]

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