Paypal?
Ragtop
Posts: 406
Is there any hope that Parallax will be accepting Paypal soon?
I had a Paypal debit card but after getting hacked for the second time, I would rather not get another one.
Parallax is about the only place I need a card.
I had a Paypal debit card but after getting hacked for the second time, I would rather not get another one.
Parallax is about the only place I need a card.
Comments
Al
1. As a buyer, if you're dealing with an international (e.g. Chinese) supplier for whom the only other option is a bank teletransfer, PayPal transactions can save a ton in transaction fees.
2. As a buyer, if you deal with auction sites like eBay, PayPal definitely greases the skids for purchases.
3. As a seller, if you're a small company, have only infrequent retail transactions, and don't want the hassle of setting up a merchant account with a credit card company, PayPal makes it very simple to get paid for your merchandise.
As far as I can tell, Parallax fits none of these scenarios. Since they already accept debit and credit cards, I cannot see any advantage to them of stepping into the PayPal morass, when customer needs are readily accommodated by other means.
-Phil
Paypal is damn convenient, and lots of larger businesses are using it now (or have for a long time) whether they are international or not.
-Phil
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I have been hit again on my PayPal account. ((Bogus charges)$9.97 and $29.97))PayPal is doing nothing to get my money back.
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Its gonna take an attorney to get my money back.Hopefully the Attorney General can fix this again.
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PayPal is not as secure as they lead you to believe!
'
Just say NO to PayPal...
In order to limit my losses due to PayPal screw-ups, I keep only $5 in the specially set-up linked bank account, and I do not have a linked credit card. In the event of a PayPal faux pas, the only funds at risk are those in my actual PayPal account, which don't amount to a whole lot. This also helps to curb expensive impulse buying on eBay, since it takes awhile for cash transfers to register.
-Phil
As far as the linking goes I don't think it is a danger to me, even if they drain my entire bank account. I can call up my bank and get the transaction immediately cancelled and get all my money back, all in about 15 minutes. I've done it three times: twice because of stolen credit card data, and once for a faulty ATM. It's worked well in the past, and if I'm not a turkey it will work well in the future.
The biggest problem with PayPal for me has been that I get tons of email from phony PayPal inquiries. From what I gather, PayPal NEVER EVER sends out email and ALL web communication have to be within their server environment (You have to log in and initiate a dialog and then check back).
I messed up my PayPal account by forgetting the password and now they want a huge packet of proof of identity FedExed to their Hong Kong office to reinstate. They are trying to assure security, but it is certainly a rough and tumble world for them to try to be everything to everyone.
If you really need help fast, direct telephone calls do help. But if you insist on the wrong communication channel, you will never hear from them.
occasionally for online sites that don't take regular paypal and still both cards got hacked. Both times the funds were returned to me, but that does get tiresome.
I haven't had any problems sending or receiving funds from their online email address based system. I like it because card numbers are not set over the internet. Buyer or
seller has no access to the other's account numbers.
I agree, and do the same as you.
PayPal is on the requirements list. We're in total agreement with all of the input above.
Ken Gracey
-Phil
No, it's a whole new platform and toolset. . . total rebuild. We'll have problems but we will work them out before we let you in. Lauren has tremendous effort, a substantial design team, and is making solid progress for a July release.
Ken Gracey
I thought that also. I found out the hard way that not true at all. Read on.
"In order to limit my losses due to PayPal screw-ups, I keep only $5 in the specially set-up linked bank account, and I do not have a linked credit card. In the event of a PayPal faux pas, the only funds at risk are those in my actual PayPal account, which don't amount to a whole lot. This also helps to curb expensive impulse buying on eBay, since it takes awhile for cash transfers to register."
I had just a little over $7 in my account. The hackers bought about 1000 items using my account. That is not a misprint 1 zero zero zero before PayPal got off their *** and suspend my account!
They have to have major software bugs in their system for this to happen. The last thing PayPal told
me before they sent the "Pinnacle Financial Group" collection agency after me was "don't worry about it, we have it under control"
Al
You must've had a linked credit card, too, then. Otherwise, the charges would have been denied, once your PayPal balance had tapped out. Right?
-Phil
In other words, stability retains forward momentum in business. Hopefully, the changes to be imposed are really necessary and enhance the whole.
"
Al,
You must've had a linked credit card, too, then. Otherwise, the charges would have been denied, once your PayPal balance had tapped out. Right?
-Phil "
No. No credit card. My account showed money being put in. I can only guess they somehow could over ride the PayPal software into thinking it was real money; since there was no wait period before it was taken back out to buy things.
Since I only bought or sold a few items per year; PayPal software should have kick in and stop the account since the 1000 items were bought in just a few days. Like I said their software must have major bugs in it.
Al
A few time there been a few problems one or two Ebay sellers but when I contact PayPal the problem where resloved
-Phil
I think you miss my point.
"I use PayPal I DO NOT have a credit card or a debit card link to my account I get Green Dot cards when I want to buy some thing and It works for me
A few time there been a few problems one or two Ebay sellers but when I contact PayPal the problem where resloved."
It doesn't matter that your account is not linked to anything. PayPal can still come after you for money. Not only can they; in my case they did!
My best guess is the hackers took about $38,000 from my account that I only have about $7 in.
My best guess of what the hackers did, was they found a way to link my account to a store account (or a few store accounts). Say John buys a TV from Joe's TV website. The money goes into my account not Joe's. The hackers take the money out of my account because Joe's TV account has a few thousand of real money in it. John never gets this TV and calls the bank. Well the c.c. company charges a small fee when this happens. Well this small fee was being charged to my account. It doesn't matter if you only have $7 in your account, PayPal will still come after you. Since there was about a 1000 small fees, PayPal took my $7 then came after me for over $500 more.
If you think I am being to hard on PayPal. Here are some of the highlights of that I went thru with them.
As soon as I saw what was happening. I sent them a in site message. No answer back.
Called them. They said "any money you lost will be put back in your account". Not only didn't that happen; money was still being put into my account and taken out.
I sent them another in site message. No answer back.
Called again asking to talk with someone higher up. Was told you can't. I told them 1000's are being put into my account and taken out. I was told by him that someone will get back to me within
a week.
At this point I told myself I better cover my a**. I called the FTC gave them my statement of what was going on and got a case number. I looked up the telephone number of the State Attorney General.
Was called back by PayPal and was told "don't worry we have it under control."
Then they sent the "Pinnacle Financial Group" collection agency after me. That is when I called the
State Attorney General and sent them my FTC case # and a copy of the collection letter. A note here the "Pinnacle Financial Group" did nothing wrong. As soon I told them what was going on, they never sent another collection letter.
Al
From a merchant's standpoint PayPal is full of gotchas. You can tell their system not to accept unconfirmed addresses, which then entitles you to better protection against friendly fraud (someone ordering something, having it shipped to a pal's address, then claiming they never ordered it -- the merchant is left holding the bag in the form of a chargeback). But at least half -- my estimate -- of PayPal users don't have confirmed addresses, and don't even know what it means.
-- Gordon
-Phil