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Klarinet Archive - Posting 000542.txt from 2001/07

From: Bill Hausmann <bhausmann1@-----.com>
Subj: Re: [kl] Off topic but could use advice on Paypal
Date: Wed, 18 Jul 2001 23:14:28 -0400

At 07:35 PM 7/18/2001 -0500, cpaok@-----.net wrote:
>Again, Bill ... it's but another step for _your_ credibility. You asked why,
>I told you. Confirmed addresses, verified bank accounts. That is what it is
>about. You don't wanna, you don't have to.
>
>NOW, anybody can get a credit card & anybody can use a credit card. It's
>not perfect, I doubt it ever will be. Anybody can steal a credit card too,
>but they are less likely to have fraudulently-charged goods shipped to the
>address of the credit card holder, right?
>
>Paypal also hopes that once your bank info is verified, that you will you
>cash from your account to pay. They make more money that way, as they don't
>have to pay a merchant fee to the credit card companies.

Well, at least now somebody has explained the reason for it. It does not
make me more willing, but at least it makes sense. I figure my feedback
record on eBay is good enough proof of my honesty. And frankly, I would
rather use the credit card as a 25-day free loan and make the money on the
float MYSELF!

Bill Hausmann bhausmann1@-----.com
451 Old Orchard Drive http://homepages.go.com/~zoot14/zoot14.html
Essexville, MI 48732 ICQ UIN 4862265

If you have to mic a saxophone, the rest of the band is TOO LOUD!

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