lindatexas
Stranger
Reged: 02/15/03
Posts: 10
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By Lisa Baertlein
SAN FRANCISCO (Reuters) - PayPal, the online payments arm of eBay Inc. (EBAY.O: Quote, Profile, Research) , on Friday said it will soon fine people up to $500 for uses related to gambling, adult content or services, and buying or selling prescription drugs from noncertified sellers.
The new policy, which takes effect Sept. 24 and applies to both buyers and sellers, marks the first time PayPal has imposed fines for violations of its use policy, spokeswoman Amanda Pires said.
In addition to fines that could be applied to each violation, PayPal may take legal action to recover losses in excess of the fines, Pires said in an interview.
PayPal processes transactions on the Net and at one time had received almost 10 percent of its revenue from online gambling. But it halted the practice under regulatory pressure after its acquisition by eBay in 2002 and now prohibits the processing of gambling and adult transactions. Now it has decided to enforce that policy with fines.
"What you're seeing here is an evolution of our program. We're trying to deter people who would offer PayPal as a way to pay for anything in these categories," said Pires in an interview.
Under the new policy, prescription drug sellers who do not have Verified Internet Pharmacy Practice Sites certification from the National Association of Boards of Pharmacy, and the people who buy from them, also face fines and possible legal action if they do business using PayPal.
Pires said the changes were not in response to any sort of pressure from regulators.
Eric Jackson, a former PayPal executive and author of the new book "The PayPal Wars," had a different view.
He called the new policy "draconian" and said it was likely a two-fold strategy to discourage certain behavior while heading off regulators.
"I can only surmise that PayPal is coming under increasing regulatory pressure and has no choice at this point but to take an aggressive posture," Jackson said.
"I think they're making an emphatic statement that they're making a clean break from gambling in particular," he said.
© Reuters 2004. All Rights Reserved.
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otis
Stranger
Reged: 07/21/04
Posts: 18
Loc: Tall Structures / Good LZ
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Yet another reason to stay away from paypal. They will also put a hold on your account (For sellers) if they want to "Investigate" you. They will hold onto whatever funds you have in your account for 180 days for virtually no reason. If you have any money in a paypal account make sure to take it out and keep a zero balance. This is exactly what big brother will do when Americans fall for the "Cashless" monetary system they promote. Take your buisness elsewhere and let them know how you feel about them telling you what you can or cannot do with your money.
WELCOME TO THE NEW WORLD ORDER!!
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JBarns
Journeyman
Reged: 04/24/04
Posts: 63
Loc: Nebraska
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UGH!
This is pretty screwed up! How in the heck are they going to be able to thumb thru each and every transaction to see if it was done thru the correct order or not?
I think it's a real bad move on Pay Pal part. I see their customers now going to be in fear of using their system anymore, in fear of being fined the $500, just making sure that they don't have to deal with the rigamaroo of their transaction.
It's just going to bring more business to those pre-paid cards, or people will just use their other credit cards for their transactions.
They will lose the good with the bad on this one.
As many prescription transactions that are done over the internet, daily, people are going to be in fear of fines. Even if it's not done thru an OP. People are going to say, "Well just to be safe, I'll use my other card"
Even if all the CC companies decide to use this system, the OP's will just put everything into COD.
The only thing that would hurt, is if something like this would take effect in the FedEx or UPS system, that's when it would really hurt!
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purppoptart
Journeyman
Reged: 04/28/04
Posts: 81
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Just another way for ebay/PayPal to make money. Ebay has already made selling for normal people extremely expensive with their listing fees, pic fees, buy it now fees, final value fees and PayPal with their cut of your $$ (tabulated including shipping charges).
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......and his hair was.....PERFECT!!
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Billyl
Board Addict
Reged: 06/14/02
Posts: 389
Loc: NorthEast
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Senate hearing were conducted a few months ago and the shippers have been asked to help identify illegal on-line pharmacies. Legislation may be right around the corner.
Take care. Billylll
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purppoptart
Journeyman
Reged: 04/28/04
Posts: 81
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I wonder if ebay is going to stop selling "adult" items? Probably not.....$$$$$$
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......and his hair was.....PERFECT!!
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sanjuan
Newbie
Reged: 09/11/04
Posts: 28
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I've never heard of any OP using PayPal anyway. (Not that I've checked them all out). Which, if any, will this effect? The IOPs? The no records places require COD (usually) and the records OPs take CCs (well, NWW seems to be having trouble with CCs lately, but the rest seem ok with them). Just curious.
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JBarns
Journeyman
Reged: 04/24/04
Posts: 63
Loc: Nebraska
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I think the only OP that takes PayPal is "DoctorByPhone" and the affiliates with it.
The problem would be for those who use their "PayPal" debit card for Pharmacy purchases.
I used to do it that way, cause PayPal links to your checking account, and it was easy to transfer funds from my checking account into my PayPal account for my refills.
The only problem would be the 3 day delay for the transfer. It would take 3 working days to transfer money into my PP account, and the PrePaid cards were immediate when you put money on them.
PayPal offers Credit Cards along with debit cards to your account.
So I guess if you use either, that's probably what they are talking about.
I don't use IOP's, but I do know that some use PayPal, so I guess this might be the end of that, which is a bummber for those who use that, it would make the transaction a little more secure than sending a western union, or cash thru the mail.
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Opie_Yates
Old Hand
Reged: 08/11/03
Posts: 418
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My ecommerce site host/provider/processors pesters us all the time to become a PayPal "Certified Seller". We already accept electronic checks, Visa, Master Card, Amex, Discover, Money Orders, cash, cash equivalents, yen, yuon, pounds sterling, pesetas, etc...everything but JB and Diner's Club. Why the H-E-Double Hockey Sticks would we want the headache of PayPal?? I can't stand that company and eBay kinda blows, as well.
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Better living through the pharmaceutical sciences.
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tukat
Newbie
Reged: 11/19/03
Posts: 35
Loc: northeasterly
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Ourprescriptions for less (IOP) uses paypal.
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dsmmcm
Board Addict
Reged: 11/08/03
Posts: 342
Loc: southwest US
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Quote:
Ourprescriptions for less (IOP) uses paypal.
Nope. They're phasing out paypal and going to CC's.
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tukat
Newbie
Reged: 11/19/03
Posts: 35
Loc: northeasterly
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Good for them. I just closed my paypal account, never used it anyway.
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iceit1
Stranger
Reged: 04/03/04
Posts: 14
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thats why there is evocash!
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patient2all
Enthusiast
Reged: 05/16/02
Posts: 287
Loc: usa
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I just tried to order a NON RX herbal menopause symptom formula for my wife a Canadian site and first attempt, I used the wrong card #. Paypal went to process it and said it didn't match the account. Checked my last order and they were correct; I had the wrong card.
I was back with the right card within 5 minutes and tried again. Paypal comes back with:
Quote:
This recipient is currently unable to receive money.
The Canadian site said as of 09/24, they will be using StormPay. Good, honest site that answers emails promptly. I hope this works out for them. As I said, it wasn't even an RX, I probably could have gotten it in GNC, but I know my wife and she'll think it's something more "special" if I had to scour the Internet to find it.
I just saw this "shocking" news, Bush: Terrorists May Plan More Attacks which should read F@#$ing terrorists are DEFINITELY going to hit us very soon. So of course, the logical response should be for the government to step up the campaign against shippers and payment processors over licorice root and pain relievers sorely needed by decent citizens.
I think I'll try to need to find an IOP for some anti-anxiety medication
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patient2all
It's a sad world, getting sadder by the day....
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Opie_Yates
Old Hand
Reged: 08/11/03
Posts: 418
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Hopefully not to create much thread drift, but as hard as Homeland Security, Customs, FBI, DEA, CIA et. al. are working with their feeble systems, President Bush, and probably all presidents after him will continue the booty coverage these statements provide.
I work with essentials oils, and my distiller in the UK sent some frankincense oil Int'l FedEx (which should be three day). It was held up at customs for two weeks. Expect the health and business disruptions to ramp up in the weeks preceding the election.
I must edit this to say that I think the DEA is wasting precious time and resources tracking down double dippers. That is a shameful practice, and only admits defeat to the street dealers and cartels.
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Better living through the pharmaceutical sciences.
Edited by Opie_Yates (09/23/04 08:45 PM)
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Steve623
Banned: multiple board accounts. Disregard the feedback provided by this user.
Reged: 08/24/04
Posts: 89
Loc: NY, USA
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Farmacias Argentinas takes Paypal as far as I know. How will this affect their sales?
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radiometer
Member
Reged: 12/09/03
Posts: 179
Loc: California
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Quote:
PayPal, the online payments arm of eBay Inc. (EBAY.O: Quote, Profile, Research) , on Friday said it will soon fine people up to $500 for uses related to gambling, adult content or services, and buying or selling prescription drugs from noncertified sellers.
What's a certified or noncertified seller? This wording seems to me to imply that there is in fact a way for legitimate businesses to use Paypal for drug transactions. What that is, is not clear.
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SuperflyJC2
Stranger
Reged: 09/15/04
Posts: 5
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Quote:
Farmacias Argentinas takes Paypal as far as I know. How will this affect their sales?
I hope to god that Farmacias Argentinas comes up with a way to pay w/ CC or something. This is bad news to me. They are such a great international pharmacy and it would be a shame to see them go away. Ughh. 
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sammy49
Stranger
Reged: 04/06/04
Posts: 19
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Received email that they will have their own system set up "any day" and have had no instructions from ebay.
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patient2all
Enthusiast
Reged: 05/16/02
Posts: 287
Loc: usa
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To use paypal, anyone shipping an Rx must possess that precious VIPPS seal. There are 13 of them. drugstore.com, cvs.com, walgreens.com, get it?
had to edit to say was 14, now 13. Wonder who messed up?
Edited by patient2all (09/26/04 04:12 PM)
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radiometer
Member
Reged: 12/09/03
Posts: 179
Loc: California
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Aha, thanks for clearing that up.
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whiterabbit50
Journeyman
Reged: 12/13/01
Posts: 73
Loc: TN
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So, what is paypal going to do, take what is in their account or attach bank and CC accounts?
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One pill makes you larger and one pill makes you small and the ones that mother gives you don't do anything at all.........
Grace Slick
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tukat
Newbie
Reged: 11/19/03
Posts: 35
Loc: northeasterly
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That is why i closed my Paypal account, in case they wanted to impose retroactive fines. Not that they have time & $ to waste looking for old payments to unverified pharmacies, but I'm starting to get paranoid.
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tone
Old Hand
Reged: 06/29/03
Posts: 489
Loc: Chicago
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Quote:
Yet another reason to stay away from paypal. They will also put a hold on your account (For sellers) if they want to "Investigate" you. They will hold onto whatever funds you have in your account for 180 days for virtually no reason. If you have any money in a paypal account make sure to take it out and keep a zero balance. This is exactly what big brother will do when Americans fall for the "Cashless" monetary system they promote. Take your buisness elsewhere and let them know how you feel about them telling you what you can or cannot do with your money.
WELCOME TO THE NEW WORLD ORDER!!
Couldnt have said it any better myself
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patient2all
Enthusiast
Reged: 05/16/02
Posts: 287
Loc: usa
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Looks like StormPay.com is going to pick up the slack.
Just be aware, when you first use them, you get an automated verication phone call you could easily ignore. It sounds like one of those "You are one of the grand prize finalists....." calls.
Take the # they give you and enter it on their website to prove the orderer lives at the phone # listed on the credit card. Smart fraud prevention on their part.
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patient2all
It's a sad world, getting sadder by the day....
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willygoat62
Journeyman
Reged: 06/27/04
Posts: 88
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Quote:
Quote:
Farmacias Argentinas takes Paypal as far as I know. How will this affect their sales?
I hope to god that Farmacias Argentinas comes up with a way to pay w/ CC or something. This is bad news to me. They are such a great international pharmacy and it would be a shame to see them go away. Ughh.
Has anyone ordered since the 24th when PayPal stated they were going to fine people? I stupidly did last night and now I am going to cancel both my PP account and the associated CC.
Do you think they can fine me still?
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sammy49
Stranger
Reged: 04/06/04
Posts: 19
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I ordered from them a few days ago. Paypal accepted money.
Also I received an email from them saying that paypal had not told them anything and that they were setting up their own system.
Let me know how your order goes, I haven't heard anything from FA as yet.
sammy
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