LOL...paypal says "no" to pr0n

[Wheezer]

I just happen to be looking though the updates to their user agreement and found this:

PayPal has updated its Acceptable Use Policy to simplify the policy on transactions of adult items. After June 12, 2003, PayPal will no longer process transactions for adult items through the Mature Audiences category on eBay.com. As a result, after June 12, PayPal will no longer process payments for adult items anywhere on the Internet.

PayPal strives to find the right balance between serving our community and minimizing our financial risk. We feel that exiting the Mature Audiences category with a clear and consistent policy for all adult items best achieves this balance.

As part of this effort, we are extending the deadline for when PayPal customers must stop sending and receiving payments for tangible adult products, including magazines, DVDs and videocassettes. Originally May 12, this deadline has now been extended to June 12 to correspond with the phase-out of PayPal service for these items on eBay. The deadline to stop sending and receiving payments for digital adult products and services, including online photos, streaming video and audio services, will remain May 12. For more information on our Mature Audience Policy

 

[ABErickson]

This decision has nothing to do with morallity. They're just experiencing too much fraud with transactions of this sort.

 

[Vette73]

My question is how are they going to stop it? I understand they won't have any protection if you buy/sell it, but they are not going to check EVERY tranaction.

 

[Looney]

Originally posted by: Big Al
This decision has nothing to do with morallity. They're just experiencing too much fraud with transactions of this sort.

Are you sure? I really can't see why it would be worth it to scam people out of dvds and magazines... not like they're worth a lot.

Also, what about items like worn men's g-strings underwear that have never been washed... is that categorize as porn or just used clothing?

 

[cherrytwist]

It's OK, Moralpanic.

The seller will probably accept money orders.

 

[Mallow]

Originally posted by: Big Al
This decision has nothing to do with morallity. They're just experiencing too much fraud with transactions of this sort.

I bet you anything that is the reason. Like they care about moral code. That is why they have stolen so many people's money. It sounds crazy to me... they don't handle the product in any way, only the money.

 

[Heifetz]

I don't get it. Doesn't ebay own paypal? Why would ebay have an adult category, and not allow paypal payment for it?


Heifetz

 

[Adul]

Actually they are talking about business accounts for adult website owners. Paypal will no longer process their CC or Paypal payments for them. The company I work for has had quiet of a few of these clients come on over to use us for billing services.

 

[Adul]

Originally posted by: Mallow

Originally posted by: Big Al
This decision has nothing to do with morallity. They're just experiencing too much fraud with transactions of this sort.

I bet you anything that is the reason. Like they care about moral code. That is why they have stolen so many people's money. It sounds crazy to me... they don't handle the product in any way, only the money.

The rate of fraud from what I seen is about 3 - 5 percent, at least for the company I work for.