[Ipg-smz] PayPal bans Hacker News

[Matt Heusser]

The magic of the original paypal was that it could detect fraud when other
companies (amex etc) could not. Thus making one email addr to another
transfers viable.

The decision they made was to rather guess on the side of too many false
fraud accusations vs not enough. If you think about the nature of something
like hacker news, you have to expect a lot of odd-looking international
transfers.

So paypal isn't a fit for hackernews. Okay.

The great irony of this is the small business that luuvs paypal that
succeeds could start to look like hackernews.

That is a problem, indeed.

--heusser


On Wed, Jan 2, 2019 at 10:29 AM Mac McCarthy <mac.mccarthy at gmail.com> wrote:

> What alternative to Paypal would you recommend? I am increasingly
> uncomfortable having to put in my credit card info online to be hacked
> (again and again) which is why i use Paypal to make online purchases.
>
> mac
>
> On Wed, Jan 2, 2019 at 7:22 AM Daniel Dern <dern at pair.com> wrote:
>
>>
>> On Wed, 2 Jan 2019, Curtis Franklin wrote:
>> > This is why we have a parallel account at our bank (free, and they were
>> > happy to set it up) that we use only for PayPal transactions;
>>
>> Yeah, I have a separate checking account at my main bank just for
>> "money in" -- client ACH, tax refunds (sigh), other transfers.
>>
>> For Paypal, I use an account at a completely separate bank, to really
>> limit "what might go wrong."
>>
>>
>>
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> --
>
> Mac McCarthy
>
>
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-- 
Matthew Heusser,
Managing Director, Excelon Development
http://www.xndev.com


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