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PayPal Promises to Revamp Fraud Filters

PayPal promises no more guilty until proven innocent

Jan 22 2013, 1:03pm CST | by

10 Updates
PayPal Promises to Revamp Fraud Filters
 
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If you have a PayPal account and have ever found yourself with a locked account in accuser fraud, you know how incredibly complicated it can be to get your account unlocked. Since PayPal launched its...

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Update: 10

PayPal to increase marketing this year for offline push

Source: Reuters Mobile

The Queen, Prince Harry as well as garden gnomes turn up at the 100th annual Chelsea Flower Show. Slideshow A PayPal card sits at a cashier station at a Home Depot store in Daly City, California, February 21, 2012. SAN FRANCIS ...
Full article at: Reuters Mobile  More like this  1 hour ago

Update: 9


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"We very much appreciate and feel very blessed with the outpouring of support from all of you. Please continue to watch our page as we try to assess damage and offer more information to you when we can. We appreciate your offers of assistance, animal care and items, and we will let you know when we can receive these generous offers."


Source: ESPN

Update: 8

New PayPal services to replace traditional wallet in stores, restaurants

Source: The San Jose Mercury News

digital. the Jamba Juice in Emeryville. The app lets customers order their smoothie and pay with their PayPal account, and skip the line when they later come into Jamba Juice to pick it up. Marcus said order-ahead would soon be ...
Full article at: The San Jose Mercury News  More like this  1 hour ago

Update: 7

PayPal taking more steps into offline payments

Source: MarketWatch

Want to see how this story relates to your portfolio? Just add items to create a portfolio now: SAN FRANCISCO (MarketWatch) — PayPal Inc. estimates that its efforts to extend its offline payment-processing technologies to traditional retailers will ...
Full article at: MarketWatch  More like this  2 hours ago

Update: 5

Jamba Juice Rolls Out Order-Ahead Feature Nationwide With Help From PayPal

Source: Boomtown

Online payment processor PayPal said Tuesday that it is expanding a partnership with Jamba Juice to let PayPal app users order and pay from their phones ahead of pick-up at any of the chain’s 700-plus U.S. locations. Of course, plenty of ...
Full article at: Boomtown  More like this  2 hours ago

Update: 4

PayPal to be in all RadioShack stores starting in May

Source: Reuters Mobile

PayPal President David Marcus speaks during a news conference in Tokyo May 9, 2012. SAN FRANCISCO (Reuters) - PayPal, the online payment operation owned by eBay Inc, announced a new partnership on Tuesday with RadioShack Corp that w ...
Full article at: Reuters Mobile  More like this  2 hours ago

Update: 3

PayPal Global Study Spells Doom for the Wallet

Source: Business Wire

SAN JOSE, Calif.--(BUSINESS WIRE)--PayPal today revealed the findings of a global study that paints a dim future for the wallet. A vast majority (83%) of respondents across five countries indicated they wished they didn’t have to carry a wallet. Addition ...
Full article at: Business Wire  More like this  3 hours ago

Update: 2

PayPal spotlights retail partners for in-store purchases

Source: CNET

As it tries to catch up to competitor Square, the mobile payments company announces an expansion of its "order ahead and skip the line" feature and a new partnership with RadioShack. (Credit: PayPal) SAN JOSE, Calif. -- PayPal sp ...
Full article at: CNET  More like this  3 hours ago

Update: 1

PayPal to be in all RadioShack stores starting this month

Source: Reuters Mobile

We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. View ...
Full article at: Reuters Mobile  More like this  4 hours ago

Full Story

PayPal Promises to Revamp Fraud Filters

If you have a PayPal account and have ever found yourself with a locked account in accuser fraud, you know how incredibly complicated it can be to get your account unlocked. Since PayPal launched its operated on a guilty until you can prove yourself innocent basis. The online payment site routinely locks accounts preventing people from accessing their money for 21 days.

PayPal has the option to extend that lockout to 180 days. The documentation requested to unlock an account was often more than many legitimate users could provide. PayPal routinely wanted things such as several months worth of sales records and receipts. The problem was if you were selling a product or shipping items, often users had none of this documentation.

PayPal senior director of communications Anuj Nayar says that major changes to the way PayPal operates are coming. He said, "These are not minor -- these are aggressive changes." Nayar also says that PayPal will be more transparent with explanations as to why the funds have been frozen and how they can get their funds unfrozen.

 

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<a href="/latest_stories/all/all/3" rel="author">Shane McGlaun</a>
Leading our review center, Shane McGlaun (Google) knows technology inside out. His extensive experience in testing computer hardware and consumer electronics enable him to effectively qualify new products and trends. If you want us review your product, please contact Shane.
Shane can be contacted directly at shane@i4u.com.

 

 

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