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No doubt there have been horror stories coming from PayPal and I wouldn't use them as a payment platform. You also have to realize though that people of all dem
by Ixiaus 13y ago
No doubt there have been horror stories coming from PayPal and I wouldn't use them as a payment platform. You also have to realize though that people of all demographics use PayPal and their fraud detection/handling reflects that, I think.
People use PayPal for receiving small illicit drug shipment payments to paying their contractors to recurring payments for their service.
You cannot expect to have a great time on a service that is catering to everyone because the lowest common denominator will always ensure the organization has to be on-top of fraud and illicit activity.
I've been waiting for PayPal to do something to show that they are thinking about their long-term health and position in the market and this acquisition is exactly that. It will be interesting to see how competitors (like Stripe and Balanced) end up for this too!