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Naturally I think this could be a great thing -- we've needed an
alternative to PayPal ever since eBay bought it out. While I would urge all
people to register, I would also WARN them: Do not give Greenzap your checking
account number or credit card number until they have proven themselves a little
bit. Instead, I would simply accept payments to my Greenzap account for a while,
and maybe put in a small deposit using PayPal or a money order mailed to
them.
I did the same with PayPal when it first started. You just never know with
the internet. This could be a scam attempt to get hold of a lot of people's bank
account info and credit card numbers -- so far they have not released enough
corporate information on themselves to be independently verified as authentic,
trustworthy and financially viable.
Second, even if they are genuine, there is the question of how secure is
this new operation? After all, major credit card companies and corporate data
storage sites have been hacked and hundreds of thousands of credit card numbers
stolen in the recent past. So, it would be a good idea to be cautious about what
kind of information you give this new service at first.
But I do think it's a great idea and will start participating at a safe
level immediately.
-- JR
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- Re: [MOPO] New Paypal Alternative - GREENZAP JRS

