Gary,
I use paypal all the time. I've never been charged a $5 withdrawal fee.
The service is completely free. As soon as someone pays you with it, you
request a transfer and it gets deposited directly into your bank account
within three business days. That's faster than I get money orders and a lot
less work for both of us. It also let's me take credit cards.
I like it a lot.
Tom
> Gregg writes:
>
> << What about the features of a service like PayPal? Haven't used it
> but it is supposed to work. >>
>
> A financial expert would tell you that BidPay at http://www.bidpay.com
> is a much more secure service. Plus you don't maintain an account where
> they play with your money (read: profit from float), nor do you pay $5
> everytime you want a cash withdrawl. Correct me if I'm wrong, but only
> BidPay accepts international orders.
>
> Downside of BidPay: the very first time you use them the service can be
> slower than the buyer and seller would like. BidPay assumes the
> financial risk (unlike other service which can REVERSE your credit card
> order on whim). They do the credit card validation checks, of which
> there are many in this age of credit card fraud. Once the money order
> gets issued to the seller, it is a 100 0one deal. That is reassuring.
>
> Gary Reese
> Las Vegas, NV
>
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