Hi All,
I for one would really like to see Pay Pal make a decision on this, I have e-mailed them myself asking for clarification on what websites would be in violation of this condition, just so that I could quote from the perverbial "horses mouth".
Should you not be aware of the violation it reads as follows:
PayPal considers online payment randomizers to be a type of pyramid scheme because the majority of commissions are paid for recruitment of new members, and typically operate by random placement within the program.
I do believe that Online Payment Randomizers are the topic of discussion here.
Now while to me, that is as clear as it could ever get, others might not fully understand the statement.
Now it might still be argued that there is no violation of the terms, but sit down and hold on for this one, should anything happen that affects Pay Pal and their ability to offer their services as stated, then you, the offender agree to the following:
You further understand that, if you use the PayPal service in a manner that violates the Acceptable Use Policy, including but not limited to the three categories described above, PayPal may incur substantial liability and/or suffer significant damages, including (without limitation) fines and other related expenses from its payment processors and service providers. By selling goods or services (including access to content) in contravention of the Acceptable Use Policy or the Restricted Activities section of this User Agreement (currently Section 7.2), you acknowledge liability to PayPal for any and all damages suffered by PayPal. Without limiting the foregoing, you agree to reimburse PayPal for any and all costs, expenses, and fines levied on PayPal by its payment processors and/or service providers as a result of your activities.
If you have never had your own Merchant Account and you are not familiar with the policies of the credit card companies, I hope that you have very very very deep pockets and a team of Lawyers equal to E-Bays and Pay Pal. You see Pay Pal has to answer to the Credit Card companies and the policies they dictate to Pay Pal. The CC company can actually fine Pay Pal, withhold funds, and cancel their ability to take credit cards.
The other option of course is to not risk it and just see these schemes for what they are and DO NOT PARTICIAPTE.
|