On Sun, 26 Jun 2005, Forrest Christian wrote: > You know, there are very good reasons why you may not want to use a real > merchant account anymore. Unless you ship real goods to an > Address-Verified address, you are pretty much on the hook for any fraud > that occurs. Someone buys thousands of dollars of termination with a > stolen credit card you are pretty much screwed with a normal merchant > account. With paypal you gain an added level of security. Many fairly > large companies are moving toward a paypal-preferred payment method. Uhhh, talk to me when *any large company* uses paypal exclusively.
Also, keep in mind, that consequences of having fraudulent purchases from you through paypal are often *worse* than if you were a merchant. Read all those 'paypal sucks' stories - in many of them, a legit seller with large volumes had their accounts frozen (not just the money in question) just because of a single fraudulet transaction. If this were a proper merchant account, you would be guaranteed that monies in dispute would be paid to you (in the very worst case, 6 months later, but you'd still get them). You would also have specific legal rights, according to your merchant agreement, against the acquirer. -alex _______________________________________________ Asterisk-Biz mailing list [email protected] http://lists.digium.com/mailman/listinfo/asterisk-biz
