PayPal Payment Review Notifications to Become Instant in Early 2009
PayPal has announced some enhancements to the Payment Review feature. The PayPal Payment Review feature is designed to identify high-risk transactions and notify merchants of the review so they can hold shipments until PayPal has evaluated the transaction risk. At this time, PayPal notifies merchants of the review via email, as well as showing the transaction status within the user’s PayPal account.
The Payment Review decision and notification is most often applied instantly but is sometimes applied minutes later. By early 2009, PayPal plans to instantly apply all Payment Reviews so that sellers do not receive conflicting information first telling them to ship and then a few minutes later telling them to wait for the review to be completed.
A few minutes- how about a couple weeks later LOL
Mechelle
August 18, 2008
Smells more like an attempt on Ebay’s part to earn interest on the money due to sellers.
AB
December 26, 2008
Here are some facts about PayPal that you may all know, by now.
1) PayPal does not provide it’s Business Customers with any Credit Card Merchant ID’s, which in turn means that any Business using PayPal as the Card Processor, will not be able to contact American Express, Visa, and MasterCard, to verify billing and shipping information.
2) PayPal’s Confirmed addresses, are not always verified addresses, and can be checked out, by using any of the free tools on the Internet, such as Whitepages, proving that no such person ever lived at the given addres.
3) PayPal Merchants do not have the option to participate in the Verified by Visa, and MasterCard programs, thus hindering merchants from gaining an additional layer of security, which benefits Customer’s the same way as it does Merchants.
4) PayPal does not provide any information, when a Chargeback is received, unless, a Merchant pursues a Court Order/Subpoena, thus ensuring that most Merchants, will not pursue any legal action, especially if a Chargeback amounts to less than a couple of hundred dollars.
5) PayPal treats all chargebacks, the same, be it; Non-receipt, Received not as specified, or Unauthorized Charge, although an Unauthorized is something that no Merchant can fully protect themselves, no matter what measures are set in place.
6) PayPal does not include a Address Verification System tool as a standard free tool. Merchants have to pay an additional Monthly fee + Charge to each transaction,
Any Merchant, that feels that they were wronged, by any of the above mentioned issues, should contact their local and State Representatives.
Stewart?
July 12, 2009