PayPal Making Moves - Pay Attention

The thing about publicly released information is that a lot is left open to interpretation. Plain and simple; (and I've been bashed on this forum about saying this before); those that don't have enough guts to challenge the status quo are just being lead.

My point is; its not so much that "IM" isn't one of the businesses they're not aligning themselves with; its certain tactics that certain IMers choose to (lazily) employ.

Like the, "I know I just got your money but before you can have what you just paid for, you're gonna need to give me your name and email address... once you jump through that hoop.. THEN I'll give you access to what you just purchased, (even though I already have your money)."

To PayPal, (and the rest of the legitimate business world), that just makes NO SENSE. They've made it clear that its a practice they frown upon. Yet, there are certain IMers that still employ this tactic.

While MicroSoft, on the other hand. Says, "OK, here's the product but you'll need to unlock it by registering the product in order to get all of these extra features. Of course this is optional; you just won't get all the special features AND we reserve the right to bug you about registering for as long as you choose to use our product."

Basically the same thing; just a different way of doing it, (that just so happens to be ACCEPTED by the general public and businessworld, at large).

Trick is to differentiate one self from the ignorant.

PLP,
tecHead

Why would someone give their money for 4 to 5% that is basically loosing money, I don't get it? You need like 15% to be on 0 with the amount of real life inflation.

I will definitely be switching to Alertpay in the near future. I heard Liberty Reserve is a good alternative as well?

Steven, I totally agree.

But I believe it would hurt PayPal the most.

When I mention PayPal to my non-IMing friends and family, they either have no idea what I am talking about, or vaguely remember hearing about it.

If droves of IMers were removed "overnight", the effect would probably be seen in raised EBAY fees to cover the multi-million dollar PayPal loss.

And IMers are very good at keeping that money flowing to PayPal on a regular basis.

Who really knows at this point what will happen, but one crystal clear point is driven home for the millionth time ... the government is screwing the small business owner, again.

Patrick

There's been a steady drumbeat this year about payment processors handling IM transactions.

I've been diversifying beyond PayPal and won't lock myself into any software or service that is solely dependent upon PayPal for handling purchase transactions.

I'm sure low yields were part of the decision; just don't see it as the only deciding factor in the equation.

Incorrect interpretation of our usage of the word 'politics.' Or that of Merriam-Webster, for that matter.


Paul

I would have to agree fully, and after this crash the digital dollar (digital credit) will emerge, and selling anything online will be the best place to be, as the world will go crazy.. if your positioned on the web, paypal or no paypal, there are/and will be work arounds. To many merchants and processors to worry about it. Word for today: Diversify

I've noticed that paypal has made significant inroads the last year getting a number of large UK companies to accept paypal (companies like Monarch Airways) and laterally companies house (UK government place to file returns of UK companies etc). So maybe a move away from what paypal started as (a cheap payment gateway for many small business or sole traders).


Rich

LB - You're referring to a June 1st blog post by Alert Pay re credit card withdrawals not being available.

Check the next blog post on June 3rd - check withdrawals now also unavailable. (With the biggest B.S. I've seen in a long time about how great it is you cannot get your money as someday, if you ever get a check, it will be bigger as you accumulate more in your AP account.)

Never heard of a company prohibited from writing a check before.

.

Hey Bruce,

there is more than 1 way to skin a cat. Perhaps instead of selling ebooks and courses, start a membership community instead. cardrunners.com which is a poker based training website is a good example. Wealthy Affiliate is another.

Chris

haha... funny. That is my thought process as well. I don't think it will come to that though.

Dont keep all of your eggs in one basket. Spread wide and use your talents to stay ahead of the single track marketers.

Hi,

1. There is no official notice or reference to the issue with
Plimus and Internet marketers on Google. The ONLY reference
is to the thread on it in this forum.

2. There are rumors about Paypal just as there are rumors
in a bear market when people are afraid.

So far, Paypal has zapped people who pretty clearly violated
their tos with money claims in their headlines and a get-rich-
quick or make money fast appeal.

3. Alert Pay has issues but there's no evidence it's related
to an FTC crackdown.

4. The rumored FTC crackdown on Clickbank hasn't happened
as far as I know, although they smartly tightened up their
policies as they should have.

5. There were rumors Paypal would systematically zap all
people using Warrior Plus or something like that.

===========
My thoughts
===========

1. Get the facts before you make sweeping changes

2. If you're making income claims and get-rich-quick claims,
stop it just because it's a bad practice.

3. Just because my friend put his cat in the microwave,
doesn't make an urban legend valid.

4. The two great motivators are fear and greed. Fear runs
rampant in a bear market mentality.

5. Always have a plan B.

6. Be suspicious of people with a vested interest in spreading
rumors and unfounded opinions.

Let's say that I run an alternative processing service TO Paypal.
Spreading viscous rumors is the cheapest advertising I could
get. I suspect this might be going on.

Remember how the head of McDonalds was a satanist or something
like that. and Procter and Gamble was founded by satanists. And
the litany goes on and on.

7. What we DO know is your merchant processing is critical and
everyone should look at their business practices, web sites and
tighten them up.

That probably means going for a more understated graphic design,
understated headlines and claims, taking those dollar figures out
of WSO subject lines and sales letters.

8. If Armaggedon comes, the FTC puts all Internet marketers out
of business, Paypal takes away all processing, and the computer
that runs the European Common Market really DOES turn out to
be the beast and force all of us to put a 6 figure bar code on our
forehead, then run for cover!

No really, the point of learning MARKETING and business skills is
you can use them to sell anything to anyone.

Best wishes,

Marlon Sanders

Hi tecHead,

Slightly off the main topic, but I've seen an alternative explanation that counters this one.

That is, that there is a slightly 'hidden' gun in the room, that people find it easy to miss.

All current 'regulations', laws etc are backed up with violence. If you take the violence (the gun) away, then the theory is that those people ('the regulated') will act with less barbarity.

Those with a vested interest are keen to implant the theory that you mention - we are philistines, and regulation (backed up with a gun) will save us from ourselves.

This is pure speculation, but I would bet that if Adwords is banning the make money online niche left and right, Google Checkout probably isn't much friendlier. Again, total speculation, but corporate policy is corporate policy.

Russ