At 11:10 AM 1/3/2003 +1100, Graham Kelly wrote:
I didn't know there was a way for a Paypal merchant to distinguish between bank-funded and cc-funded transfers. Very interesting.Similar to PayPal. GoldNow does NOT accept a CC funded PP transfer, from even preferred customers.
BrightPay includes some "soft" funding options such as checks, PayPal, and eventually credit cards. I wonder how they will manage the risk with all that? They do vow to absorb losses and never to freeze entire accounts. Well, I'm sure there are some tried and true techniques to manage the odds. Again, very interesting.As far as I'm concerned, the BrightPay.com option is the BEST PayPal replacement, as the spends are GUARANTEED irrevocable! Those 20 million PP users may just end up at BrightPay.com instead...
As the old Chinese "curse" goes, "May you live in interesting times." Sometimes it's a blessing!Interesting times ahead... I'm glad to be alive!
-- Patrick
http://fexl.com
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