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

[Andrew Errington]

On Tue, 11 Jul 2006 09:42, you wrote:
> 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.

Well, you could start your research at www.paypalsucks.com, although you 
might find a slight bias there.

I closed my account about 5 years ago, just in case.  I didn't think about 
why PayPal might be problematic- it seemed like a really cool idea- but 
once someone pointed out "How do you know they won't mess you around?" I 
thought "Oops, I don't".

A