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To: big bad easter bunny
HEads Up! If you are going to use paypal,start a small account, at a different bank than the one that is your primary bank.There are horror stories of people having accounts frozen because of small discrepincies from on line payments.Stories of not being able to get into your checking or pay your mortgage because you complained to paypal about something and they "froze the accounts while it gets sorted out, you own protection etc".Check out paypalsucks.com for the whole story. I use paypal but keep a seperate account with less than $200 dollars in it. You should too.
10 posted on 03/29/2003 8:16:41 AM PST by singletrack (..............................................................................)
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To: singletrack
When the last delivery service STOPPED accepting CASH, outfits like paypal and credit cards got a massive boost.

I had heard that it was due to US government pressure that UPS stopped allowing for CASH payments to drivers. Laundering of monies was the reason I recall. This UPS change was also a hardship on the small business person who always sent packages COD for CASH. No bad checks. UPS gave them one less choice. If they didn't want to risk bad checks, they now had to give up $$$ to the banks for credit card transactions. This also makes it very easy for an internet tax to be levied with all monies being electronic.

Now options are dwindling for acceptable payment methods, ones without collection problems.

11 posted on 03/29/2003 8:27:50 AM PST by George from New England
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To: singletrack
Absolutely!! Don't let anyone, anyone have access to your personal checking account. WE have an account that we keep almost no money in, it is used to draft a payment each month and we only deposit that amount of money.

I have a Paypal card and use it at the ATM.

Now that I think about it , I haven't signed the new agreement - just didn't have time to read the first time it was presented and has been presented again. They may cut me off any day now.
I have been pleased with Paypal so far. While I don't like the idea of anyone selling adult material on line - I realize that is freedom. I sell books, and I won't be surprised when the times comes that someone complains and I can't sell a cerain kind of book. (I'm thinking conservative books.)

There are other on-line payment options out there - we may need to check them out just in case.
15 posted on 03/29/2003 11:21:50 AM PST by nanny
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