[meteorite-list] Pay Pal update

From: Mark Miconi <mam602_at_meteoritecentral.com>
Date: Thu Apr 22 10:07:03 2004
Message-ID: <006a01c27b62$d15f7260$54b60344_at_ph.cox.net>

Matt,
PayPal is and will be the cheapest way to accept credit cards now and in the
future. We have for our business researched nearly every other method of
accepting credit cards and PayPal beats the others fees by at least 5%. That
does not include the charges for epuipment the others charge that paypal
eliminates also.

Accepting personal checks may be your choice for accepting payments from
customers, in our experience checks are an unnecessary hassle. How many
times will you have to pay your bank for bad checks that you deposit and
never recover the money for the check or for the item?

We are charged $20.00 for checks that we deposit that bounce on our business
account....after the first 3 that we lost a total of $60.00 on we said no
more checks. None of our fine customers that sent us the bad checks ever saw
fit to make the checks good or cover our charges. And waiting for a check to
clear while holding inventory is not practical for the amount of volume we
move....maybe it is not a problem for you.

PayPal will come through for Mr. Bostick
----- Original Message -----
From: Matt Morgan <mmorgan_at_mhmeteorites.com>
To: MARK BOSTICK <thebigcollector_at_msn.com>; Meteorite List
<meteorite-list_at_meteoritecentral.com>
Sent: Wednesday, October 23, 2002 4:35 PM
Subject: Re: [meteorite-list] Pay Pal update


> Just think...you could have kept that 500 clams PayCrap stole from you and
> bought more meteorites with it!!
> Matt
>
> At 06:29 PM 10/23/2002 -0500, MARK BOSTICK wrote:
> >Hello List,
> >
> >Thanks everyone for the e-mails. From the best I can tell, they were
able
> >to open a credit card through my Pay Pal account, as I recieved an e-mail
> >from Pay Pal, too late to react, asking me to verify my membership number
> >with the new card. My talks on the phone with Pay Pal did not bring this
> >up through them so I really dont know. But funds where taken from my
> >account and put into someone else's. From there Pay Pal should have no
> >problem figuring out where they went, although I think I reacted fast
> >enough there is a hold on it. They are suppose to investigate and
contact
> >me so we will see.
> >
> >Either way, it was strange enough for Pay Pal to put a blanket on the
> >account and they did reverse one charge, so there should be no doult that
> >it is fraud of some type. Pay Pal probley makes about $500 a month from
> >me so you would think they will try to make this go away for me. It is
> >frustrating that with the account frozen I cannot touch the funds that
are
> >in there now, nor can I recieve payments.
> >
> >This will of course make me think about dropping Pay Pal. With so many
> >eBay users using it, it will be a hard thing to do. So we'll see. If
> >they work everything out, I will probley foolishly keep them.
> >
> >But I have done about all I can and the rest is now up to Pay Pal so I
> >guess I move on and wait. So with that in mind, stay tuned tonight for
> >Meteorite Contest #8...
> >
> >Mark Bostick
>
>
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Received on Thu 24 Oct 2002 09:39:46 AM PDT