PayPal opens up to credit cards

[Lite]

Online commerce specialist PayPal has opened up support for credit card transactions.

The company said that it would be allowing site administrators and merchants who use the PayPal service to accept transactions directly from customers without the need to create an account.

PayPal developer network senior Naveed Anwar said that the system would be available through the company's Adaptive Payments API.

"We're aware that no matter how innovative the ideas are, our developers look to us to provide the features to make it all possible," said Anwar

"We're thrilled to provide this new functionality to meet this need and look forward to seeing the ground-breaking apps our developer community will create with this."

The unveiling comes on the heels of the launch of a possible competitor for PayPal. Visa has launched its own micropayment service known as 'payclick.' Currently operating in Australia, the service is being aimed at families as a way for children to spend money online through parent-controlled accounts.

Among the merchants supporting the platform at its launch are Apple's iTunes service and social networking platform Habbo.

"payclick is designed to meet growing consumer demand for digital content, such as music, games and movies," said general manager Greg Storey.

"payclick accounts are suitable for the different needs of family members, including those under 18 years old."

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[myidisbb]

anyone know if there will be an extra special different charge for it?

[Karlston]

anyone know if there will be an extra special different charge for it?

It's the eBay/PayPal evil empire... of course there will be.

[LeetPirate]

Paypal steals your money, they lock your funds and refuse to release it when you want it. I will never forgot that time Paypal refused to give that US senator his money for his campaign. I know Google is a giant but at this point I'd rather support Google checkout than paypal anyday, Google service charges are less than Paypal too.

[Night Owl]

Hmmm, I just opened up a PayPal account after midnight today. To buy the item I wanted on eBay, I had no choice but to open up a PayPal account. When I created my PayPal account, I was told I could either give my bank details or use a credit card, but then the first page said something like "Choose you preferred payment method" and then all I was allowed to do was fill in my banking information. :frusty: When I clicked "Continue" I was told that my banking information was mandatory. :wtf: I had to cancel my initial setup and then change my account details so that only my credit number is on file with them. Oh oh, I'm going to watch this purchase very carefully. :fear:

PayPal said there were no fees to the buyer (me) — only the seller.

[shought]

PayPal said there were no fees to the buyer (me) — only the seller.

When the government adds an environmental charge to a product, who do you think pays the price? The company? Hell no, you do.

When PayPal adds a fee, who do you think pays the price? That's right, you do ;)

I've got a PayPal account, never used it, never even verified it with my bank account, lol...

[Night Owl]

All of my e-mail receipts from PayPal, eBay, and the eBay seller all say that I was charged U.S. $37.99 with no shipping/handling or other fees. The only thing was that PayPal's currency conversion into Canadian dollars is "Exchange rate: 1 CAD = 0.940346 USD" whereas the going rate seems to be about "1 CAD = 0.9653 USD". But banks do that too when they exchange your money, so I'm not really worried about the difference ($40.40 PayPal charge vs. $39.36 actual currency exchange without currency exchange fees).

But I am worried about seeing unexpected fees now. :fear:

[myidisbb]

All of my e-mail receipts from PayPal, eBay, and the eBay seller all say that I was charged U.S. $37.99 with no shipping/handling or other fees. The only thing was that PayPal's currency conversion into Canadian dollars is "Exchange rate: 1 CAD = 0.940346 USD" whereas the going rate seems to be about "1 CAD = 0.9653 USD". But banks do that too when they exchange your money, so I'm not really worried about the difference ($40.40 PayPal charge vs. $39.36 actual currency exchange without currency exchange fees).

But I am worried about seeing unexpected fees now. :fear:

also watch out for certain credit card companies now. bank of america charges for foreign sites out side the usa. to include from american bases. unless that change after they yes it after the stupid credit card reform crap from the democrat national communist party, nObama

problem with paypal history has been they try to act like a bank while not a bank.

[shought]

But I am worried about seeing unexpected fees now. :fear:

Don't be, it's probably as you just described.

I was just saying: if the seller has to pay a fee, he will most likely end up adding this to the price because he doesn't want the fee to affect his profit ;)

[Night Owl]

When the government adds an environmental charge to a product, who do you think pays the price? The company? Hell no, you do.

When PayPal adds a fee, who do you think pays the price? That's right, you do ;)

Do you think there might be a hidden environmental fee? I bought a 5200 mAh 6-cell battery for my new netbook. (Like I mentioned, there were no extra fees on my PayPal, eBay, and eBay seller e-mail receipts.)

:think: Well, come to think of it, on the Canadian website RedFlagDeals where I read about this battery for my netbook, the person recommending this battery only mentioned the $38 cost. Phew, I feel better now.

[shought]

The environmental charge was just an example. Usually when the government adds a charge to a product this raises the price (even though the seller 'has to pay' it). The same goes for PayPal fees, but if your information says there is none, then there probably isn't ;)

[Tucker]

I thought PayPal already supports credit card, no? :think:

[Efrendal]

I thought PayPal already supports credit card, no? :think:

That's what i thought too :huh:

[myidisbb]

I thought PayPal already supports credit card, no? :think:

That's what i thought too :huh:

i believe they wanted a bank acount number also with the credit card. lots more information then what this new setup does. frankly i dont trust them. a fake bank nickel and diming everyone

[Night Owl]

Yeah, for my initial registration PayPal asked me to choose my preferred payment option, but the Web page only wanted my bank account information. I didn't enter anything and then clicked on "Continue" but I was told the bank account information was mandatory. :frusty: I had to cancel my initial registration and then provide my credit card number when I updated my profile. :frusty: