PayPal Watch :
Updated: 5/16/02; 4:24:01 PM.

 

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Friday, April 19, 2002

Name Your Own Price on PayPal. Wired is shocked, shocked, to report that sellers should not use PayPal to sell URLs to soft goods (that can be repeatedly downloaded without payment). What's worse, they report that all merchants should check that consumers actually paid for merchandise before handing it over. This breaking news seems to be oddly *consistent* with what PayPal has always recommended to merchants.
4:14:59 PM    

USA Today: MasterCard to stop third-party transactions. A new rule by MasterCard that becomes effective May 1st attempts to undercut consumer's ability to use PayPal. This is straight from the if-you-can't-beat-em-take-your-ball-and-go-home department.
4:03:03 PM    


© Copyright 2002 Russ Jones.



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