[TriLUG] (OT) Paypal/eBay Payment Thoughts

[Ken Mink]

I have only had limited experience with PayPal and it's been positive.
My wife, who's an ebay addict, uses it and also hasn't had any real
problems. One thing she did may make you feel more secure. She opened a
second checking account and tied her PayPal account to it. She only puts
money into this account when she needs to make a payment through PayPal.
It really limits her exposure.
You might want to check http://www.paypalwarning.com. There's a lot of
real horror stories there. Also, PayPal was recently declared to not be
a bank by the Fed. This means they are not subject to banking laws and
can pretty much do as they please.
Hope this helps.

Ken

On Sun, 2002-03-17 at 14:25, Bill Vinson wrote:
> Just wondering what people's thoughts were on either of these services.  
> I know there is a decent set of people both for and against paypal.  
> This is on my mind as I won an auction at eBay for 2 16MB SPARC IPX 
> SIMMs.  The seller wants $0.30 extra if I pay with either of these 
> services (which seems fair), but I am unsure as to the safety/security 
> concerns.  I would use a VISA so I have some protection, but is one more 
> secure than the other?
> 
> Thanks,
> Bill
> 
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-- 
Ken Mink
Porivo Technologies, Inc.
919.806.0566 | mailto:ken.mink at porivo.com
http://www.porivo.com
Measuring end-to-end Web performance.