Who Owns Paypal?

EBay of course. When eBay announces they will no long accept checks and money orders for transactions, who benefits? The user or eBay? Are they protecting their users or are they raking in a little more from Paypal charges? I guess I should err on the side of an honest try to protect the user, but I’m still a bit skeptical.

At the end of October, the only payment method for most purchases on eBay will be PayPal, Credit or debit card , ProPay, or Payment upon pickup. eBay claims they’re
Providing users a more secure checkout. But, some people just don’t like using credit cards or Paypal. They are afraid of providing that info for security reasons.

I don’t have a problem with eBay’s decision. I own a few online stores and I use Paypal for some directory transactions. I’m comfortable with online transactions. I know my online transactions are safe as or safer than most offline credit card transactions.

For people that are not comfortable with Paypal or credit card transactions online, do you watch your restaurant server every second they have your credit card? Do you ever give your credit card number over a voice line? Have you ever faxed the number? These are all security risks. Paypal, and most secure online transactions, are safer that most off-line transactions we conduct daily.

If eBay is really trying to create a more secure environment, good for them. If they just want to make a little more money from Paypal transactions, shame on them.