> From: Jim Davidson <[EMAIL PROTECTED]> > Date: Wed, 26 Mar 2003 20:23:01 -0600 > To: "e-gold Discussion" <[EMAIL PROTECTED]> > Subject: [e-gold-list] e-Bay and PayPal on Wired News
> http://www.wired.com/news/ebiz/0,1272,58208,00.html > > Wired News excerpt: <story> PayPal, however, now completely prohibits the use of funds to purchase any adult items -- unless that transaction is completed on eBay. (PayPal makes exceptions for only a few odd items, allowing the purchase of postcards containing subjects who are "topless, scantily clothed or in mildly suggestive poses," but that do "not depict male or female genitalia (frontal nudity below the waist) or strong sexual content." Also allowed are "food items in the shape of genitalia.") </story> This is completely ridiculous. Soon there will be a 100 page manual on how one can/cannot use paypal. If the moon is in the 3rd phase, and the tide is in, you can use up to 50% of your funds, but not on a Tuesday. Better use e-gold. <story> "As PayPal matures as a business and attempts to reach out to the broadest possible market, it has to make some decisions about what transactions it will and will not allow," he said. "We have higher financial risks (through more chargebacks and higher operational costs) associated with adult merchandise, but it makes up a very small percentage of our business." </story> The solution here is easy, just stop taking credit cards!! They are seriously asking for trouble allowing for credit card funds to be instantly transferred and sucked away into bank accounts which disappear. If they had any sense, they would make you fund your account via money order, and have all funds inside the system verified. Better use e-gold. > "I will be getting an adult-friendly merchant account to provide my > customers a means to pay using a credit card," he said. "As a result, > my transaction fees will go up, from PayPal's 2.9 percent to roughly 8 > percent to 10 percent as a 'high-risk' merchant account." What, is this guy stupid? He should be using e-gold. E-gold should be a great pitch to merchants. What is e-gold doing to advertise in this respect? - John I was almost hit by a --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.
