PayPal being shut down in Louisiana

[bonkers325]

Link



<< PayPal Inc. warned Monday that its popular online payment service is about to be shut down in Louisiana by that state's banking regulators, casting another cloud over the company's widely anticipated initial public offering of stock. >>

 

[Yzzim]

Hmm...Suprised Russ didn't catch this one first....

 

[shurato]

I read also that they could be charged a crapload of fines starting from when they first started business.

 

[tigerbait]

oh well... no paypal for me

 

[Strawberrymom]

they are thieves bout time someone went after then

 

[deftron]

I don't really understand what everyones beef is with Paypal.

They provide a virtual "checking account" at a better rate than most banks.

And they provide a vitual "credit card merchant account" at a better rate than most credit card companies.



Yes, you may have some problems if you accept money from a stolen credit card, but
if you follow their policy (send only to Verified members and addresses) then you shouldn't have a problem


Real world credit card companies do this, too. Its called a "chargeback"
All a card holder has to do is contest a charge on their card
and the merchant loses the money.

 

[spanky]

<< they are thieves bout time someone went after then >>



why do u say that? they seem to be pretty good to me so far...

 

[deftron]

<<

<< they are thieves bout time someone went after then >>



why do u say that? they seem to be pretty good to me so far... >>




Don't worry...that's just the Paypal hating bandwagon speaking.

 

[Yzzim]

<<

<<

<< they are thieves bout time someone went after then >>



why do u say that? they seem to be pretty good to me so far... >>




Don't worry...that's just the Paypal hating bandwagon speaking. >>



Where the hell is Russ???

 

[NikPreviousAcct]

<< they are thieves bout time someone went after then >>

 

[Lucky]

bah, i posted this like 18 hours ago.

 

[db]

f*cking x.com still owes me money (they bought PayPal).