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GUNPAL, Inc.: The First Serious Competitor for PayPal Inc.
Reuters ^ | 3 November, 2009 | Ben Cannon

Posted on 11/04/2009 4:04:05 AM PST by marktwain

HEALDSBURG, Calif., Nov. 3 /PRNewswire/ -- "GUNPAL, Inc. is a transaction-neutral online payment platform with a philanthropic spirit," announces Founder/CEO Ben Cannon. "It is also the first serious competitor for PayPal Inc." A percentage of each transaction is donated to a selected charity at no additional cost to the user. The initial list of organizations includes the American Red Cross, American Cancer Society, and the Supercomputing Disease Research Center. Users can also suggest charities for consideration. An avid supporter of constitutional rights, Cannon created a discrimination-free online payment application, starting with the recognition of the Second Amendment right to keep and bear arms. Prohibited by PayPal's "Acceptable Use Policy", the $3 billion firearms and accessories industry has adopted GUNPAL as the payment platform of choice. "Firearms can only be sold by licensed dealers. GUNPAL is more convenient than other forms of payment as its comprehensive transaction tracking system is secure and reliable for our audits," says Mitchel Chapman of WBtactical.com, a licensed firearms dealer. An estimated one hundred million firearm owners nationwide now have a platform with which they can trade ammunition, scopes, and other accessories securely and hassle-free. As a socially responsible company, GUNPAL directs its firearm buyers to government documentation on current firearm laws and regulations and will provide licensed dealer listings by buyers' zip codes in a future release.

-------------------------

For further information and questions, please contact PR@GUNPAL.net or visit http://www.GUNPAL.net .

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Culture/Society; Miscellaneous; News/Current Events
KEYWORDS: banglist; gunpal; net
Sounds very interesting. I have heard a lot of people complain about Paypal.
1 posted on 11/04/2009 4:04:06 AM PST by marktwain
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To: marktwain

I bought some gun parts at gunsamerica....they said they only took cash or check....

I emailed this gunsmith company and offered my Paypal to them....and they did it on the sly and charged me a percent or two for my trouble and I got the parts in 2 days.....

this gunpal could be a boon.


2 posted on 11/04/2009 4:12:26 AM PST by Vaquero ("an armed society is a polite society" Robert A. Heinlein))
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To: marktwain

I would complain about Paypal if you wanted to listen.


3 posted on 11/04/2009 4:15:33 AM PST by villagerjoel (1. Implement socialist policies 2. ??? 3. Heaven on earth)
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To: marktwain

I like the convenience of Paypal for certain things. Paying for stuff informally without sending a check, it’s great. Their fees stink but I live with it for the convenience.

Gunpal sounds great, my issues with it are GUN and PAL. Being named gun will necessarily limit the size of their growth and having PAL in there makes it seem like it’s a branch of Paypal or just a blatent ripoff. They should get a different name.


4 posted on 11/04/2009 4:15:44 AM PST by Malsua
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To: villagerjoel

I have used Paypal seemlessly for dozens of transactions...what is wrong with it beside their politics?


5 posted on 11/04/2009 4:18:48 AM PST by Vaquero ("an armed society is a polite society" Robert A. Heinlein))
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To: Vaquero

I had to wait about 6 months, and send multiple letters back and forth to “verify” my account. They required 2 forms of identification. I ended up supplying 5 (drivers licenses, phone bill, credit card bill, and I forget the other two), and still didn’t get my money. Only when I threatened legal action did my account become magically cleared, and no response was ever given to why I couldn’t access my money.


6 posted on 11/04/2009 4:21:06 AM PST by villagerjoel (1. Implement socialist policies 2. ??? 3. Heaven on earth)
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To: marktwain

I would do a lot to avoid PayPal, since they screwed me last year.


7 posted on 11/04/2009 4:23:07 AM PST by Recon Dad (Staff Sgt O - 3rd Afghanistan Deployment - Day 14 FOB TODD)
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To: Vaquero
Pray you don't buy something on e-bay that turns out to be fraudulent. See if PayPal backs you up. I bought software that when received was nothing but a pirated disc. Returned it and fought with PayPal for a year trying to get my money back. Ended up losing $200 on the deal.
8 posted on 11/04/2009 4:27:20 AM PST by Recon Dad (Staff Sgt O - 3rd Afghanistan Deployment - Day 14 FOB TODD)
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To: marktwain

BTTT


9 posted on 11/04/2009 4:28:14 AM PST by Jet Jaguar (A mob of one.)
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bump


10 posted on 11/04/2009 4:33:05 AM PST by VastRWCon (Drill Baby Drill - Sarah Palin 2012)
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To: marktwain

There has been gearpay and a couple others but they never took off. EBay is big dog and they own Paypal (Playfoul!); they don’t like compitition. They will make it difficult to impossible to pay EBay puchases with another service.


11 posted on 11/04/2009 4:36:30 AM PST by El Laton Caliente (NRA Life Member & www.Gunsnet.net Moderator)
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To: Recon Dad

I use my Amex card wherever possible.

they have on multiple occasions giving me money back for fraudulent items....and once when I bought electronics from China via Google and the next week someone bought 2 tickets from Canada to China.....with my card.

Amex is colden when it comes to this sort of stuff.


12 posted on 11/04/2009 4:41:45 AM PST by Vaquero ("an armed society is a polite society" Robert A. Heinlein))
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To: marktwain

I am glad to see competition of sorts for Paypal, but the charities that they mention are Left-wing organizations. The American Cancer Society suspiciously recently reversed decades of previous policy and suddenly stated that preventative testing for cancer wasn’t really important (coincidentally supporting Obama’s Deathcare). Rush talked about this.

You are required by ebay (which owns Paypal) to pay for purchases on ebay via Paypal, which is clearly monopolistic and illegal. If we had an AG that actually did its job, this would have been struck down immediately, as in fact it was, in Australia.

This would be akin to someone like say Walmart instituting a policy where you could only pay for your purchases with a Walmart credit card. And you know how long such a policy would last before the AG would (legitimately) strike it down.


13 posted on 11/04/2009 4:45:51 AM PST by webschooner
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To: Vaquero

They will freeze an account for the mere mention of firearms and it can take six months to a year or more to unfreeze it. I’ve seen people have thousands of dollars and hundreds of business transactions tied up for months until they lost their on line business.

What they did to me was when you “agreed to their new terms” they signed you up for a revolving credit account. Even when I specified pay by other means and listed my debit card they would charge BOTH! The wire was paying the paypal bill for months thinking it was legit when it was actually a double billing.

To top that off the reason I found out was when she compained that they were not sending a bill out until the purchase was on the account for over 30 days so they could charge interest.

I never got the double payments nor interest back even after a year of trying.

I never, ever use paypal and try to stay away from ebay...


14 posted on 11/04/2009 4:47:17 AM PST by El Laton Caliente (NRA Life Member & www.Gunsnet.net Moderator)
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To: marktwain

ZERO for the Red Cross.
ZERO for the Red Cross.
ZERO for the Red Cross.
ZERO for the Red Cross.
ZERO for the Red Cross.


15 posted on 11/04/2009 4:47:45 AM PST by Iron Munro (Suppose you were an idiot, and suppose you were a member of Congress; but I repeat myself)
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To: marktwain

bttt


16 posted on 11/04/2009 4:48:15 AM PST by bmwcyle (We need more Joe Wilson's. OBAMA is ACORN ACORN is OBAMA)
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To: Vaquero
I used a Master Card because that's what the seller demanded. With Master Card you have to deal with your local MC people and then the next layer of MC people who are supposed to fight for you.

You're right Amex would have been the best way to go. But the lession I learned was, “if it sounds too good to be true it probably isn't”.

E-Bay is great, but they are hard pressed to know everybody that sells things. Let the buyer beware.

17 posted on 11/04/2009 4:52:19 AM PST by Recon Dad (Staff Sgt O - 3rd Afghanistan Deployment - Day 14 FOB TODD)
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To: Vaquero

My wife sold a something on Ebay. Six months later, the person said she didn’t authorize the purchase. Even though she signed for it at her address and had positive feedback from her on Ebay, but because we saved her money by not requiring her registered postage, she could screw us, according to Paypal. We canceled our Paypal account and never use Ebay unless to check a price. This is an interesting alternative.


18 posted on 11/04/2009 4:58:07 AM PST by stevio (Crunchy Con - God, guns, guts, and organically grown crunchy nuts.)
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To: webschooner
"You are required by ebay (which owns Paypal) to pay for purchases on ebay via Paypal, which is clearly monopolistic and illegal."

Since when. It's been a while since I bought something over EBay, but that certainly was not the case the last time I did. Many individual vendors would only accept PayPal, but at that time, you had many avenues for payment, including sending a paper check.

19 posted on 11/04/2009 5:05:52 AM PST by Wonder Warthog ( The Hog of Steel)
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To: marktwain

Bump for reference and future use.


20 posted on 11/04/2009 5:08:03 AM PST by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: Wonder Warthog

I sell on ebay, so am painfully aware of rule changes. This change happened some months ago. You can accept checks or money orders, but only if you do it on the sly. You cannot put any wording in your auction indicating that you do so, or ebay will slap you down pronto. Their computers are scanning for those words.

So buyers have to know to ask ebay sellers if they can pay in alternative ways.


21 posted on 11/04/2009 5:10:37 AM PST by webschooner
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To: marktwain

bookmark


22 posted on 11/04/2009 5:52:21 AM PST by Piers-the-Ploughman (Just say no to circular firing squads.)
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To: webschooner
"This change happened some months ago. You can accept checks or money orders, but only if you do it on the sly. You cannot put any wording in your auction indicating that you do so, or ebay will slap you down pronto. Their computers are scanning for those words."

Ah, another business gets too big for their britches. Looks like it will be a lot longer before I buy anything via EBay. I don't mind using PayPal, but any business that refuses to let me have the choice will NOT get more business.

23 posted on 11/04/2009 5:56:54 AM PST by Wonder Warthog ( The Hog of Steel)
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To: webschooner
You are required by ebay (which owns Paypal) to pay for purchases on ebay via Paypal, which is clearly monopolistic and illegal.

You are incorrect. I've bought and sold on eBay for years and while PayPal is convenient it is by no means the only accepted way to pay. You can click http://pages.ebay.com/help/pay/methods.html for eBays payment policies.

Here are just some of the payment methods:

PayPal
Credit cards and debit cards direct to the seller
Moneybookers
Paymate
ProPay
Pay upon pickup
Escrow
And there are still other payment methods.

24 posted on 11/04/2009 6:41:49 AM PST by SunTzuWu
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To: SunTzuWu

But as I stated, you are not (officially) allowed to pay via money orders or personal checks, and will get slapped down by ebay if you advertise that you accept those payment methods.


25 posted on 11/04/2009 6:53:52 AM PST by webschooner
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To: marktwain

Why don’t they add the NRA to the list getting a portion of the proceeds?


26 posted on 11/04/2009 7:14:48 AM PST by aimhigh
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To: SunTzuWu

What are you, a shill for FeeBay? I have bought and sold on ebay for years as well and still do, but that hasn’t made me blind to certain specific devious and unfair practices they employ.

Yes, credit and debit cards is a payment method option for large sellers who have credit card merchant accounts, but ebay cleverly requires a separate checkout procedure for that method that is cumbersome, and that therefore customers don’t like, to discreetly discourage that method and encourage use of their solely owned Paypal, with it’s exorbitant seller fees.

Moneybookers, Paymate, ProPay, Escrow, ... obscure payment methods seldom offered and/or used by ebay sellers or buyers, but a clever way for ebay to show any legal authorities that “No no, we don’t have a monopoly with Paypal. Look at all the payment options we offer.”.

Pay upon pickup, of course, for locally sold items picked up in person, but that is a tiny tiny fraction of the sold auctions on ebay.

The main alternate methods that customers previously paid for items on ebay, money orders and personal checks, are specifically disallowed by ebay, which as I said, is monopolistic and illegal, and was properly struck down as such in Australia.


27 posted on 11/04/2009 7:17:16 AM PST by webschooner
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To: Recon Dad

Similar problem here. I use a credit card, going through PayPal for purchases that might be problematic.

Then I can protest the charges to the credit card and don’t have to deal with PayPal at all.


28 posted on 11/04/2009 7:21:27 AM PST by Balding_Eagle (Overproduction;, one of the five top worries of the American farmer.)
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To: Wonder Warthog
Ah, another business gets too big for their britches. Looks like it will be a lot longer before I buy anything via EBay. I don't mind using PayPal, but any business that refuses to let me have the choice will NOT get more business.

I agree. Anytime somebody tries to shove something down my throat, I just instinctively do the opposite, even if I don't care about the issue. Like Paypal always trying to force you to use a bank account draft (because they still charge the seller the credit card fees anyway), so I just resolve never to use a bank account draft or echeck, since that's what they want.

29 posted on 11/04/2009 10:37:54 AM PST by Still Thinking
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To: Balding_Eagle

Paypal will tell you that in agreeing to their terms of “service” that you agreed to handle all disputes through Paypal and not to try to handle it through the credit card company. At which point you can tell them that YOUR terms of service require them to go fsck themselves, if you wish.


30 posted on 11/04/2009 10:41:22 AM PST by Still Thinking
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To: El Laton Caliente

Do what I do... don’t use Ebay. The only reason I go on Ebay at all is to get pricing on things... that’s it. I wouldn’t buy anything listed there for anything.


31 posted on 11/04/2009 10:44:52 AM PST by BCR #226 (07/02 SOT www.extremefirepower.com...The BS stops when the hammer drops.)
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To: Still Thinking

I have handled one dispute through PayPal, and one through my credit card company when the payment went through Paypal.

I will continue to use a credit card when I think there may be a problem.

My limited experience with PayPal dispute handling tells me not to trust them.


32 posted on 11/04/2009 5:27:50 PM PST by Balding_Eagle (Overproduction;, one of the five top worries of the American farmer.)
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