The NYT breaks down the different security risks by payment type. The takeaway? No method is perfect, but credit cards have the strongest legal protections for consumers.
Web brokers Google and PayPal don’t believe in human-to-human communication, and one place where you really need that is when you’re troubleshooting financial transactions. An interface designer/developer who used Google Checkout to sell an ebook has just been given a huge serving of suck by the “don’t be evil” company—they closed her account on her without warning and refuse to tell her why the closed it. The $200 in earnings that hadn’t been paid out yet are unretrievable, and she can’t open a new one.
Google has admitted to making a mistake with its poorly conceived (and received) plan to offer Google check out credits to customers who had purchased videos on its recently discontinued video download service.
If you order something using Google Checkout and there’s a problem with you order, there is a standard mediation process to follow.
Google Checkout can be used for transactions as low as $.05, reader Mary Marsala With Fries confirms.
Paypal suspended Vincent Gallo’s account after he put his sperm up for auction ($50,000). For an additional $500,000, Gallo said he would inseminate in-utero.
• Use it now and get $10 off $30 or $20 off $50, at participating stores.
PayPal plans on giving $20 rebates to customers shopping at participating partner sites, November 23 through May 15, 2007. Online merchants include iTunes, Barnes & Noble, Dell, Petsmart, Starbucks, Art.com, HP, and many more.
Unlike Paypal, Google Checkout promises to not suddenly freeze your bank account.