[ic] Using Paypal

[Barry Treahy, Jr.]

Binh Huynh wrote:

>I also read many articles about Paypal and Interchange. I still don't
>understand why Interchange does not suggest the secure Paypal system 
>deal with the credit card transaction for sellers. It's safe for
>buyers, it's time saving for sellers. 
>

Paypal is not the 'cure all' to the Internet's remittance woes and one 
of the major complaints against Paypal is their crappy customer service 
and support, not to mention the pain that you must go through to get 
them to correct an invalid transaction.  Additionally, they are not 
controlled or audited yet they dip into and out of bank accounts at 
their will, often holding on to your cash for days or weeks at a time 
claiming it takes that long for the electronic funds transfer to occur 
and confirm.


It isn't as rosy as you portray it and whether that has had an impact on 
the integration of PP into IC, I cannot say but if you are serious about 
any type of remittance volume, I'd suggest you look for a more robust 
company and service, with customer service...

Regards,

Barry

-- 

Barry Treahy, Jr  *  Midwest Microwave  *  Vice President & CIO 

E-mail: Treahy@mmaz.com * Phone: 480/314-1320 * FAX: 480/661-7028