Blog About Contact
Thanks (Pay) Pal!

paypal_logo.gif

Consumer praise for Paypal. I'm 99% satisfied, this on-line payment/'banking' service is superb. If you're not hooked up yet, in short, Paypal's 'electronic money' system allows you to pay/receive money to and from anyone with an e-mail address; like any on-line application, both parties need to be connected/have the software/verification process etc.; it's pretty straight forward.

spot_flowChart_589x278.gif

So:

PAYPAL: SIMPLE MAJOR PLUS POINT(S):
Quick/immediate, no hassles of waiting days for cheques to clear/arrive. Millions of users etc.

Some find the charges too high for receiving payments. Paypal is owned by Ebay and many don't like the fact that Ebay take transaction cuts right the way through the sale of an item i.e.:

(1) You place an advert on ebay, that costs.
(2) Additional photos, gallery, prominence to your item - extra costs
(3) When your item sells, ebay take a cut of the final value.
(4) When your items is paid, ebay take a further cut of that too - Paypal.

All ebay need to do now is buy up Royal Mail & other postal services and they have a sewn-up monopoly!!!

Don't get me wrong, I love ebay, have used it and don't have a problem with any of the above; my only tiny niggle is a current loophole that's often affected my girlfriend Kate, who trades as 'Urban Doll', FSA, nota bene:

If someone pays you for an item and says it never arrived, they can try and claim the money back from your account by filing a complaint with Paypal. Unless you send the item REGISTERED or GUARANTEED with a tracking number, you run the risk of your money being taken back if the person who bought off you 'claims' they never received the item.

Of course there are plenty of dishonest people out there who will try to falsely 'claim'. Recently Kate sent some items out with a 'Proof Of Postage' stamp from the Post Office which, as the phrase implies proves you sent the item. Paypal won't accept this when someone is claiming for a lost item; fair enough. So Paypal quite rightly advise sellers on having the item sent RECORDED/REGISTERED/GUARANTEED.

However the person claiming could still contest that he/she never received the 'item as described', even if the item is sent RECORDED/REGISTERED/GUARANTEED; obviously a very tricky one for Paypal and/anyone to easily make scam-proof and less potentially fraudulent although perhaps both your Paypal 'Verification' and Ebay feedback ratings could be additional strong indicators, used further towards an even stronger safety measure?

Paypal has come under fire (though don't believe all you read, especially on 'Wiki's') and there have been rumblings of Google gearing up to enter the on-line payment arena, though as I began this blog, Paypal does currently rule with its simplicity and ease of use; can't wait till it goes mobile!!!!

Posted on March 12, 2006 at 04:22 PM

2005 Green Bandana Productions Ltd. Website design by Steve Mannion.
Recent Entries
::  BBC Radio 2: Song Stories "My Way" [Paul Anka]
::  Mixcloud: James Hyman & OJ Borg - Episode 4
::  Mixcloud: James Hyman & OJ Borg - Episode 3
::  JLH 2010 Showreel
::  Mixcloud: James Hyman & OJ Borg - Episode 2
Archives


Facebook
Linked In YouTube
YouTube YouTube
Flickr
IMDB Wikipedia
Amazon wishlist Discogs
The Rinse

James Hyman's Profile
James Hyman's Facebook Profile
Create your badge


Find out what's been played on The Rinse, Xfm 104.9
DJ
Production
Promotional photos and more
James Hyman & Audio Shrapnel's Mix CDs


Previous posts
::  February 2011
::  October 2010
::  July 2010
::  April 2010
::  March 2010
::  February 2010
::  January 2010
::  October 2009
::  September 2009
::  August 2009
::  July 2009
::  June 2009
::  May 2009
::  April 2009
::  March 2009
::  February 2009
::  January 2009
::  December 2008
::  November 2008
::  October 2008
::  September 2008
::  August 2008
::  July 2008
::  June 2008
::  May 2008
::  April 2008
::  March 2008
::  February 2008
::  January 2008
::  December 2007
::  November 2007
::  October 2007
::  September 2007
::  August 2007
::  July 2007
::  June 2007
::  May 2007
::  April 2007
::  March 2007
::  February 2007
::  January 2007
::  December 2006
::  November 2006
::  October 2006
::  September 2006
::  August 2006
::  July 2006
::  June 2006
::  May 2006
::  April 2006
::  March 2006
::  February 2006
::  January 2006
::  December 2005
::  November 2005
::  October 2005
::  September 2005
::  August 2005
::  July 2005
::  June 2005
::  May 2005
::  April 2005
::  March 2005
::  February 2005
::  January 2005
::  December 2004
::  November 2004
::  October 2004
::  September 2004
::  August 2004
::  July 2004
::  June 2004
::  May 2004
::  April 2004
::  March 2004
::  February 2004
::  December 2003
::  September 2003
::  August 2003
::  July 2003
::  June 2003