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Auctionbytes-NewsFlash, Number 930 - January 12, 2005 - ISSN 1539-5065      Previous Story | | Next Story

PayPal Users No Longer Able to Block Credit Card Payments
By Ina Steiner
AuctionBytes.com
January 12, 2005
Reading AuctionBytes: PayPal Users No Longer Able to Block Credit Card Payments

PayPal announced that beginning in February, sellers will no longer be able to block customer payments funded by a credit card. Some sellers, concerned about buyers making chargebacks, refuse credit-card funded transactions, but will no longer be able to block them.

The blocking feature was part of the PayPal Payment Receiving Preferences available to Premier/Business account holders, allowing them the option to block customer payments funded by a credit card when the sender has a bank account registered with PayPal.

http://www2.ebay.com:80/aw/marketing.shtml#2005-01-11173211

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