[ForSale-Swap] Paypal

[Don Merz]

Let me provide the counterpoitnt here. I've been a happy PayPal user for more than a few years and thousands of transactions. I've never had a problem that wasn't resolved quickly to the satisfaction of all concerned. As a buyer, PayPal has saved my bacon at least twice. As a seller, PayPal is so reliable that it can't be beat.

Money orders can no longer be trusted now that we have color copiers. And you've still got all those "the check is in the mail" guys out there who really don't have the money for what they just committed to buy. PayPal does a nice job of separating the men from those boys. 

Are the fee high? Sure. Do you get what you pay for? Yes. For me, this is enough.

73, Don Merz, N3RHT

 


----- Original Message ----
From: Carl <km1h at jeremy.mv.com>
To: W9RAN at oneradio.net
Cc: 'For sale/trade' <forsale-swap at mailman.qth.net>
Sent: Tuesday, December 9, 2008 1:30:00 PM
Subject: Re: [ForSale-Swap] Paypal

I agree about deposits Bob but that is just a tiny extension of what your bank already offers.

OTOH PayPal can remove any funds they wish from your account without even notifying you until after the fact. Unlike a legitimate card company PP can use any reason they want and do it at any time they please.

I make it a point to transfer funds in a PayPal only account daily into another account that has no linkage. Without going into details I have several bank accounts that I can toggle between if a scammer files a PP claim. With no funds available PP cant access them and is forced to negotiate on my terms. Any new funds go into another account and any compromised account is closed and another opened. Ebay listings are moved to another ID or three.

Its a nasty world out there and nothing is nastier than Ebay and PayPal.

Carl


----- Original Message ----- From: <Radioman390 at cs.com>
To: <W9RAN at oneradio.net>; "Carl" <km1h at jeremy.mv.com>
Cc: "Kim Herron" <kim.herron at sbcglobal.net>; ""'For sale/trade'"" <forsale-swap at mailman.qth.net>
Sent: Tuesday, December 09, 2008 11:25 AM
Subject: Re: [ForSale-Swap] Paypal


> Oh boy! If they become a bank, we taxpayers can bail them out! Those baseball cards will become collateral for the FDIC.
> 
> Actually our country's citizens have tremendous assets, like baseball cards, collector comics, porcelain figurines, and restored collectors cars. And most importantly, boatanchor radios.
> 
> Hell, we're not broke, just illiquid
> 
> BTW, the credit card they offer (not the debit card), isn't that theirs, or is it a branded card from Chase?
> 
> Also EBay is offering deferred payments. Is that through PayPal?
> 
>> Carl wrote:
>>> PayPal is not a bank and not regulated as such which allows them to
>>> play free with your money and with absolutely no recourse.
>>> 
>>> 
>> Partially true, Carl - it depends where you live.
>> 
> 
>> One has to think they've got the same thing in mind elsewhere. Once
>> they are a bank, they'll be able to provide loans, which may not be a
>> real attractive business to get into just now...
>> 
>> 73, Bob W9RAN
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> 

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