Endurance.Net Ridecamp Archives

Doesn't EBay own PayPal now?

Truman

Laurie Durgin wrote:

> Amen to this . We had a couple of  doubled transactions. And not 
> taking the payments on the agreed dated, but  earlier,  etc. Or using 
> the  back up  credit card instead of the account agreed on because 
> they said, "oh, it was easier this way for us". Then when contested, 
> it took 60 days to get your money back.We had to get them off our 
> account and close one.
> I won't use them. My son only has a savings account for his paypal 
> that he only uses for certain things and only becasue he is 16 and it 
> is the only thing he can get.
>
>
> > From: "David LeBlanc" <dleblanc@xxxxxxxxxxxxxx>
> > To: <teri@xxxxxxxxxxxxxx>,<ridecamp@xxxxxxxxxxxxx>
> > Subject: RE: [RC]   Whats New with SERA
> > Date: Fri, 6 Feb 2004 22:33:51 -0800
> >
> >
> > Teri said:
> >
> > > SERA (Southeastern Endurance Riders Association) has added
> > > new items to their site.  You can now join or renew online
> > > your SERA membership.  PayPal only.  You can even open an
> > > account if you don't have one.  It's easy.
> >
> > I'm sorry to rain on your parade, but there has been a lot of fraud
> > associated with PayPal. There's only a username and password between 
> > the bad
> > guys and your money. The username is your e-mail address, which is 
> > freely
> > available all over the place, so all that protects you is the password.
> >
> > Searching Google on PayPal and fraud brings up a lot of interesting 
> > sites
> > with many tales of woe.
> >
> > Personally, I'd much rather put a check in the mail than ever use 
> > PayPal. If
> > someone felt like they really wanted to use PayPal the best way to do 
> > it is
> > to link it with an account that is only used for PayPal, only 
> > contains as
> > much money as you're willing to lose, and you put money in it when it 
> > needs
> > to be there.
> >
> > Here's what http://paypalsuit.com/Phone.htm has to say:
> >
> > "We strongly recommend that people keep their PayPal balance as low as
> > possible. Remove funds immediately. Also, use a second banking 
> > account for
> > Paypal and as soon as those funds are in there, move it to your main
> > account."
> >
> > These folks certainly have an axe to grind, but it seems like sound 
> > advice
> > to limit your risk.
> >
> > My job is software security and some of the things I've seen and 
> > heard about
> > would make your hair stand on end, but even so, I do use credit cards 
> > over
> > the Internet fairly often - there's safeguards in place for those. I 
> > won't
> > use PayPal.
> >
> > I'm sure you worked hard to set this up, and I do apologize for 
> > raining on
> > your parade, but if I still lived in the SE, I'd pay you any other 
> > way than
> > that. If some of you out there are happy with PayPal, I hope you 
> > continue to
> > have good luck.
> >
> >
> >
> >
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