Interesting PayPal Article - eBay Suspended & PayPal Limited Forums
eBay Suspension & PayPal Limited Forums  
Join Today
Register Subscribe

Registration is fast, simple and absolutely free so please, join our community today!

Go Back   Home > Platform Discussions > PayPal Talk

PayPal Talk PayPal Forums. General issues related to PayPal.

Thread Tools
Old 10-13-2010
jeffweico's Avatar
Executive [VIP]
Join Date: Mar 2010
Posts: 7,217
Thanks: 895
Thanked 4,068 Times in 2,169 Posts
Activity: 0%
Longevity: 80%
iTrader: (12)
Default Interesting PayPal Article is a news site for the Credit & Collection industry. An interesting article appeared on their website this morning:

PayPal Shuns Debt Collectors, Until Needed
Posted by Stephanie Eidelman on October 13, 2010

I had an interesting experience yesterday. We are in the process of re-designing (for a November launch, coming soon!). One of the hundreds of associated tasks is to set up an account with an online service that accepts payments over the Web, so people can buy reports, sign up for webinars, etc. in our Bookstore. Our web development firm likes to use the PayPal merchant system for all of their clients. So we applied for a "PayPal Pro" account as part of the set up.

We were denied the account.

Why? Not because of poor business credit or a negative history. It was simply because we are associated with the debt collection industry. Seriously.

I spoke to seven different people and explained over and over how our business operates and why we needed the merchant account (“For the last time, consumers will not be making debt payments on our site.”) I was finally told that our services fit into the prohibited activities listed in their acceptable use policy. Here it is:

Prohibited Activities

You may not use the PayPal service for activities that:

- violate any law, statute, ordinance or regulation

- relate to sales of (a) narcotics, steroids, certain controlled substances or other products that present a risk to consumer safety, (b) drug paraphernalia, (c) items that encourage, promote, facilitate or instruct others to engage in illegal activity, (d) items that promote hate, violence, racial intolerance, or the financial exploitation of a crime, (e) items that are considered obscene, (f) items that infringe or violate any copyright, trademark, right of publicity or privacy or any other proprietary right under the laws of any jurisdiction, (g) certain sexually oriented materials or services, or (h) ammunition, firearms, or certain firearm parts or accessories, or (i) ,certain weapons or knives regulated under applicable law

- relate to transactions that (a) show the personal information of third parties in violation of applicable law, (b) support pyramid or ponzi schemes, matrix programs, other “get rich quick” schemes or certain multi-level marketing programs, (c) are associated with purchases of real property, annuities or lottery contracts, lay-away systems, off-shore banking or transactions to finance or refinance debts funded by a credit card, (d) are for the sale of certain items before the seller has control or possession of the item, (e) are by payment processors to collect payments on behalf of merchants, (f), are associated with the following Money Service Business activities: the sale of traveler’s checks or money orders, currency exchanges or check cashing, or (g) provide certain credit repair or debt settlement services

- involve the sales of products or services identified by government agencies to have a high likelihood of being fraudulent violate applicable laws or industry regulations regarding the sale of (a) tobacco products, or (b) prescription drugs and devices

- involve gambling, gaming and/or any other activity with an entry fee and a prize, including, but not limited to casino games, sports betting, horse or greyhound racing, lottery tickets, other ventures that facilitate gambling, games of skill (whether or not it is legally defined as a lottery) and sweepstakes unless the operator has obtained prior approval from PayPal and the operator and customers are located exclusively in jurisdictions where such activities are permitted by law.

Wow. I can't find any services in the above description that we offer, even indirectly. Most of you know that and Kaulkin Ginsberg, don’t collect debt. In fact, we don’t even have interest in any companies that do. We provide news, information, research and business consulting services to the ARM industry. That’s enough for PayPal, it would seem.

I guess PayPal feels this entire industry isn't worthy of their services. I did ask one guy how PayPal handles their own accounts receivable. He didn’t know, of course. I suppose they would never try to collect or hire an agency to do so for them...that would be unseemly.

But then I did a quick Google search on PayPal and debt collectors. Turns out, PayPal is an enthusiastic user of debt collection services. And they don’t mess around: apparently, they use some of the largest and best-known ARM firms in the world. Since PayPal accounts are most likely high-volume, low balance, and because people using PayPal are already heavy Internet users, there is a massive amount of complaining about their debt collection procedures.

Ironically, we can help organizations like that. We just held a Webinar on Headline Risk. In it, we discussed how to combat the negative image of the ARM industry in the media. And later this month, we’ll be conducting another Webinar on the Social Media Swarm, including how to use social media for business development and how to fight a negative social media profile.

Not that any of that matters to PayPal.

Last edited by jeffweico; 10-13-2010 at 01:18 PM.
Reply With Quote
The complete step-by-step guide to get back to selling today!

Old 10-13-2010
rsot's Avatar
Executive [VIP]
Join Date: Dec 2009
Posts: 71,849
Thanks: 5,697
Thanked 8,530 Times in 7,832 Posts
Activity: 100%
Longevity: 81%
iTrader: (7)

This InsideArm company is not too bright to choose paypal for payment processing ha. An interesting article but there are better private payment processors that ye old Paypal.
Reply With Quote

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Cookies, Beacons and More - Interesting WSJ Article on Privacy jeffweico eBay Tracking 6 08-10-2010 11:43 PM
interesting article nobody999 PayPal Talk 8 06-29-2010 10:46 AM
Interesting article about aMAZON pookie100 Amazon 1 04-25-2010 01:16 PM
Article on new Paypal "risk" review process on AuctionBytes delirium PayPal Talk 5 10-24-2007 07:45 PM

Aspkin Group

All times are GMT -5. The time now is 09:59 AM.

Stop the guessing games and learn how you can quickly and easily get back on eBay today!
Read the best selling step-by-step eBay Suspension guide eBay Stealth!
Amazon Suspension? Read Amazon Ghost to get back on Amazon!
vBulletin® Copyright ©2000 - 2023, Jelsoft Enterprises Ltd.
Ad Management by RedTyger
no new posts

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58