> From: Gene Osburn <[EMAIL PROTECTED]> > > Part of my original post on this topic was... > >>> I was recently asked by a Swaplister why I don't accept credit cards >>> via PayPal. >>> >>> My response: >>> >>> In order to accept credit card payments I would have to >>> "upgrade" to a Premier or Business account and pay fees on every >>> transaction. This would also require that I directly link a bank >>> account to PayPal; this policy puts the account holder at extreme risk >>> with no protection. > > Whidh prompted David Elmo <[EMAIL PROTECTED]> to say... >> Just a mo! I have been paid by credit card via Paypal (the main >> reason I use it!) and have not had to link it in any way to a >> bank account.. so I don't think you have this right here, Gene. >> Sure, when someone pays by credit card (not other ways) one has >> to pay a small percentage but compared to setting up a credit >> card facility via your bank or other means on the web, this is >> truly small beer... > > As I said, my experience dates from more than two years ago. It could > be that their policies have changed in the interim, or I may be a bit > fuzzy on some of the details. As I reflect on it more, it occurs to me > that I may have been forced to link my bank account to their service > for the PayPal debit card that I used for several months. I truly > don't remember which action - accepting credit cards or using the PP > debit card - led to me being forced to link to my bank account, but the > horrific results remain unchanged. I still stand firmly behind my > assertion that PAYPAL IS NOT YOUR FRIEND! > > David, I'll investigate further the credit card vs. bank account issue; > thanks for the info. I'd be willing to start accepting credit card > payments if I know for sure that this wouldn't allow PayPal to get > their hooks into my bank account (see PAYPAL IS NOT YOUR FRIEND!). I > don't particularly care where the funds come from, as long as they do > come in...;^D > > Because I'm addicted to the convenience of online shopping as well as > buying and selling on ebay (and don't have any credit cards), I still > maintain a PayPal account. I'm delighted by the rise of the bank debit > card (did you know that debit card payments now exceed credit card > payments?) and maintain a regular, bi-directional flow of funds between > my checking account and my PayPal account.
I think you will find that you do not have to have any bank account accessible to PayPal. If it is a credit card (no idea about debit cards) you register with them, they just take fees from it, they don't need to get into your main horde. As it happens, because of my incredible self-discipline, not to mention frugal nature, I use my credit card like a debit card, I always have funds in it. BTW, Gene, this "main account" of yours sounds interesting. Got much in it? I am happy to be the trial guinea pig if any folk wish to test the Paypal (or any other transfer facility) to transfer large funds across the seas. You know me well, I am a long way away from most people in the world and well, if you want to see if transfers are successful... Don't worry about the amounts, make them big to make the test good... (Wonder if this lowlife ploy would work in .001% of people if I said it to a huge number of strangers? :) David Elmo -- G-List is sponsored by <http://lowendmac.com/> and... Small Dog Electronics http://www.smalldog.com | Refurbished Drives | -- We have Apple Refurbished Monitors in stock! | & CDRWs on Sale! | Support Low End Mac <http://lowendmac.com/lists/support.html> G-List list info: <http://lowendmac.com/lists/g-list.shtml> --> AOL users, remove "mailto:"; Send list messages to: <mailto:[email protected]> To unsubscribe, email: <mailto:[EMAIL PROTECTED]> For digest mode, email: <mailto:[EMAIL PROTECTED]> Subscription questions: <mailto:[EMAIL PROTECTED]> Archive: <http://www.mail-archive.com/g-list%40mail.maclaunch.com/> iPod Accessories for Less at 1-800-iPOD.COM Fast Delivery, Low Price, Good Deal www.1800ipod.com
