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Old 11-29-2006, 04:28 AM
Richy44 Richy44 is offline
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You should never give your information to any vendor you dont know. That is why PayPal was created so Vendors dont have acess to your information. Most purchases through paypal and with your credit card are mostly insured anyways..

Rich........
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Old 11-29-2006, 05:26 AM
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Originally Posted by Richy44 View Post
.... Most purchases through paypal and with your credit card are mostly insured anyways..
Key words being "Most" and "mostly" as opposed to "all". Enough to keep this skeptic skeptical. I suppose it's all relative, however. I mean,... given a choice between paying $49.99 to Johnny PawnBroker for a used corded 1/2" drill and $69.99 to Home Depot for a brand new one, well....I think I'd wish Johnny a good day and move on. There's risk everywhere. Just gotta use judgement .

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Old 11-29-2006, 05:30 AM
Richy44 Richy44 is offline
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I like your attitude..

Rich.......
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Old 11-29-2006, 02:17 PM
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There's risk everywhere. Just gotta use judgement .

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Right on the money!
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Old 11-29-2006, 02:34 PM
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Mark I agree totally. Risk management is the very reason that I use Paypal... first of all, it is the internet equivalent of your 'home depot' example. Secondly, it allows me to keep all my info in one place, shielded from any other buyer I deal with. If I could, I would use Paypal to pay for every real life purchase that I made too. It is not the "business" that is going to fraudulantly use your credit card info, it is the "person" behind the till. Everytime I eat at a restaurant, I lose sight of my card when the waitress takes it away. I don't usually know what that person's background is, how long they've worked there, if their disgruntled etc. I'd expect that paypal has stricter security controls than your average retailer because their reputation for security is what is worth the most to them. Even if they had the opportunity to steal a million dollars from me, that is a paltry sum to them and would not be worth the damage to their reputation.

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Old 11-29-2006, 03:30 PM
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Mark I agree totally. Risk management is the very reason that I use Paypal... first of all, it is the internet equivalent of your 'home depot' example. Secondly, it allows me to keep all my info in one place, shielded from any other buyer I deal with. If I could, I would use Paypal to pay for every real life purchase that I made too. It is not the "business" that is going to fraudulantly use your credit card info, it is the "person" behind the till. Everytime I eat at a restaurant, I lose sight of my card when the waitress takes it away. I don't usually know what that person's background is, how long they've worked there, if their disgruntled etc. I'd expect that paypal has stricter security controls than your average retailer because their reputation for security is what is worth the most to them. Even if they had the opportunity to steal a million dollars from me, that is a paltry sum to them and would not be worth the damage to their reputation.

- Chad
Well put, Chad. Makes sense.

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