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Old 08-01-2004, 07:36 PM  
AmeliaG
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Join Date: Jan 2003
Location: Los Angeles
Posts: 10,383
Why doesn't Visa institute peer-to-peer transaction capability?

Why doesn't Visa institute peer-to-peer transaction capability? Why doesn't MasterCard? Amex?

The internet is like a giant yard sale which only sort of has cash.

I'm having trouble with my PayPal account, even though I only use it to sell nonadult advertising. A delightful competitor of mine has apparently been on a reporting spree. Even though PayPal can not find one single example of a violation -- because there are none -- my account is most likely going to be closed.

I think, with their install base, PayPal should be subject to the same scrutiny and regulation as banks. I know they have their recent chump change settlement deal. I don't think $50 is going to cover the thousands I lost in rebills when they closed my biz account after hand-selling me their subscription solution. But whatever.

I don't really want to patronize a company which strikes me as crooked. But it is not really feasible to convince other people to get accounts with epassporte, given its fee structure and incomprehensible business account system. I posted here and a couple of other places a while ago looking for epassporte endorsements and not one single person posted to say they had a business account and liked it.

I'm still mulling over getting a merchant account and epassporte to make sales, but I am stumped on how to buy stuff from other people. And my nonadult business will really suffer if I can't buy anything from businesses which sell with PayPal.

I think all I am really trying to say here is ARGH! But why don't the credit card companies eat PayPal's pie? I understand adult may be high risk, but the net is chock full of people who would prefer not to use PayPal but do not see another option.
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