Posted By:
D. BerginSaw this coming from a mile away.
I to enjoy the convenience of Paypal skimming $3-$6 of every $100 of merchandise I sell and knowing full well I could lose the item and be charged back the money if the customer is not happy with the color of the box the item was sent to them in by simply checking a box on their computer screen titled "Item not as described".
I'm also sure my customers enjoy the convenience of having to sign up for a payment service that is prone to constant phishing attacks, increasingly sophisticated scam artists using the Paypal name as a front and sharing their financial information with a company that is not FDIC insured and has a nasty habit of dipping into peoples personal bank accounts.
Luckily for me my customers have mostly been pretty great and I've sidestepped most of the obvious problems.
You'd have to be blind not to see the potential for disaster however.
Ebay is micromanaging themselves right back into being the little niche site they were 10 years ago or so.
Let's hope so anyways. The worse is more likely.