OT [nzlug] Vendor of bits & pieces in NZ who does Paypal

[Vik Olliver]

On Tue, 2006-07-11 at 09:20 +1200, Hadley Rich wrote:
> I don't think that is the problem. IMHO the problem is that PayPal aren't a 
> bank and aren't local. This means that they don't really answer to anyone 
> around here so theoretically could do anything they like with your money. 
> That and the fact that they don't do NZ$ so you are looking at extra fees 
> means that paypal isn't an attractive option for a merchant. 

Um, no, they can't do anything they like with my money any more than the
Australian-owned ASB can. Mastercard and Visa aren't local either. Last
I checked Mastercard was based in New York, and Visa in San Francisco.

They do NZ$ - I have transferred money from my own Paypal account into
my own NZ$ Visa account for a very nominal fee.

What I'm picking up is an aura of distrust by many people specifically
concerning Paypal, and I want to know where it comes from.

Vik :v)
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Avoid analogies like the plague.