>>the recipient has enough to cash out to a PayPal account ... before the >>transaction is cancelled ... what happens?
We audit every cash out, so this step isn't fully automated. It's hard to "take the money and run" Also, we track transactions across the site. As you can imagine with micropayments, any wholesale fraud would require lots of transactions or amounts much larger than the median to make any real money. This makes fraud detection easier. If anyone sees any transactions that are faulty, they can let us know. We already actively block many IPs and domains because of link spam, and expect to do the same for fraudsters too. Best, Ivan http://tipjoy.com On Apr 8, 9:52 am, Dossy Shiobara <[email protected]> wrote: > Great, now Nigerian royalty can use Twitter to get their millions of > secret dollars out of their country, with the aid of Twitter users help! > (lol) > > Or, the first rogue Twitter app. that tweets a Tipjoy payment message > from the user who gives up their username/password to the rogue app. > It'd be a Tipjoy mugging! > > At least Tipjoy lets you cancel transactions that aren't paid for yet. > But, if you pre-charge your account, and the money is sent from the > account, and the recipient has enough to cash out to a PayPal account > ... before the transaction is cancelled ... what happens? > > Sounds so very dangerous. > > On 4/8/09 9:27 AM, Ivan wrote: > > > Hi Folks, > > > Tipjoy's Twitter Payments have been really successful for P2P and > > charitable payments. Now we've released an API for Twitter > > applications to do payments over Twitter: > >http://tipjoy.com/api > > -- > Dossy Shiobara | [email protected] |http://dossy.org/ > Panoptic Computer Network |http://panoptic.com/ > "He realized the fastest way to change is to laugh at your own > folly -- then you can let go and quickly move on." (p. 70)
