Re: Paypal problems?

From: Ken Kittlitz (
Date: Tue Oct 16 2001 - 17:02:46 MDT

At 05:30 PM 10/16/2001 -0400, Alex F. Bokov wrote:

>What do they get out of bending over for the man and being volunteer
>police whores? Who knows. Maybe they just don't have any guts. Maybe
>some sort of legal threat. Maybe simply an informer's fee. Don't know,
>and if anybody does, please post! Liars need to be exposed.

There's a far more prosaic explanation for PayPal's use of deposit limits,
freezing of accounts, etc: they want to stay in business. Credit card fraud
is much more common on the web than it is in face-to-face transactions, and
online payment services are a particularly juicy target. Several such
services have been crippled in past year by fraud; to mitigate the risk,
companies like PayPal ask for billing addresses, look for suspicious
transactions, etc. No need to propose a conspiracy involving "the man" (or
for that matter, "the woman").

Ken Kittlitz
Vice-President, Javien Canada Inc.

This archive was generated by hypermail 2b30 : Sat May 11 2002 - 17:44:13 MDT