Paypal (was Re: [Gllug] OT : Credit cards in a MySQL Database)

Rev Simon Rumble simon at rumble.net
Tue Jun 17 12:19:29 UTC 2003


On Tue 17 Jun, Alistair Mann bloviated thus:

> Last I heard, paypal was being castigated for losing people's money, taking 
> months to sort out problems, and so forth. Have things changed? Thus far I've 
> avoided using it either as buyer or seller; is it mature enough now to do 
> reconsider? Does anyone else here use it, and care to comment on their 
> experience?

Worse, they perform bank type functions but they aren't a bank.  In
other words, if they go broke you can get in line to get your money
back, behind the employees, tax man and secured creditors.

-- 
Rev Simon Rumble <simon at rumble.net>
www.rumble.net
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 "Man will occasionally stumble over the truth, but most
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