[Michael]

GlassUp uses crowd sourcing to raise funds so they can build a new product, Paypal decides they only get the money after they have built the product.
http://venturebeat.com/2013/08/14/glassup-raised-100k-on-indiegogo-but-paypal-is-refusing-to-pay-up/




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Michael Ussher
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[MONEE]

I don't know what comes first the chicken or the egg but this is very interesting that paypal can choose to hold your money and then try to make you go through hoops to release it. I thought payments were made though paypal not to paypal and then paypal decides if they want to give you the money or try to regulate your money. I just started a non profit and plan to use paypal to raise money and accept donations and now I know if I should trust them with my money. I have to do more research on this.

[Brian]

MONEE:

I don't know what comes first the chicken or the egg but this is very interesting that paypal can choose to hold your money and then try to make you go through hoops to release it. I thought payments were made though paypal not to paypal and then paypal decides if they want to give you the money or try to regulate your money. I just started a non profit and plan to use paypal to raise money and accept donations and now I know if I should trust them with my money. I have to do more research on this.

If you plan to accept donations, do not use PayPal - PayPal has some pretty strict terms of service that are really designed for selling products - i.e. the user pays and they get something (physical or virtual). Accepting payments where nothing is "sold" to the user has proven to be very shaky ground with PayPal in the past - just search for many, many stories like the one Michael listed - there's tons.

- Brian


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[american]

Brian:

MONEE: I don't know what comes first the chicken or the egg but this is very interesting that paypal can choose to hold your money and then try to make you go through hoops to release it. I thought payments were made though paypal not to paypal and then paypal decides if they want to give you the money or try to regulate your money. I just started a non profit and plan to use paypal to raise money and accept donations and now I know if I should trust them with my money. I have to do more research on this. If you plan to accept donations, do not use PayPal - PayPal has some pretty strict terms of service that are really designed for selling products - i.e. the user pays and they get something (physical or virtual). Accepting payments where nothing is "sold" to the user has proven to be very shaky ground with PayPal in the past - just search for many, many stories like the one Michael listed - there's tons. - Brian

and yet.. not with everyone..

one of my reseller sites has been using it for years..

http://tolaw.com/


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[SteveX]

american:

one of my reseller sites has been using it for years.. http://tolaw.com/

Yes, it certainly looks that way from the footer at the bottom of the index page:

Quote:

This site best viewed with the most current browser versions from Netscape or Microsoft and a display resolution of 800x600 - 256 color palette - Medium Fonts. TO LAW is for educational purposes only and should not be used as a substitute for a private consultation. Copyright © 1999-2000 Lebaris Media Group. .

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[american]

SteveX:

american: one of my reseller sites has been using it for years.. http://tolaw.com/ Yes, it certainly looks that way from the footer at the bottom of the index page: Quote: This site best viewed with the most current browser versions from Netscape or Microsoft and a display resolution of 800x600 - 256 color palette - Medium Fonts. TO LAW is for educational purposes only and should not be used as a substitute for a private consultation. Copyright © 1999-2000 Lebaris Media Group. .

thanks for the heads up... gotta get that copyright date fixed..

[djmerlyn]

Am I the only one that wonders why they outsource the payment process and don't use escrow?


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