not your pal

André-Pierre du Plessis

Fraud Victim’s Impossible Choice: Eat $1,500 In Charges Or Be Banned From PayPal Forever

When a customer’s chargeback scheme left one PayPal customer down $1,500 and without the pricey headphones that they had sold, the person who sold the headphones was understandably upset. It’s wrong to rip anyone off, but they’re an individual seller rather than a faceless corporation. PayPal reduced the amount that this person owed to $700, but that was still $700 more than they really owed anyone. What’s a consumer to do? In this case, post to Reddit. [More]

PayPal Takes Out NY Times Ad To Taunt Apple Over Security Issues

PayPal Takes Out NY Times Ad To Taunt Apple Over Security Issues

If you ran a large and prosperous online payments company, you might feel threatened by Apple’s announcement that they’ will start their own mobile payments service, called Apple Pay. Not PayPal, though. Nope. Paypal isn’t scared. In fact, PayPal has started taunting Apple over security issues, mocking the company over the recent public dump of nude celebrity self-portraits that had been stolen and circulated online. [More]