Joshua D. Drake wrote:
> Guy Rouillier wrote:
> >Richard P. Welty wrote:
> >>Guy Fraser wrote:
>
> >Paypal has a perception issue - they are perceived as being tightly
> >linked with eBay. That's a problem in the corporate arena. If my stock
> >broker were to tell me they do all their financial transactions through
> >Paypal, I'd probably wonder if they were a legitimate corporation.
> >
> >Do any of these outsourcers indemnify corporate customers against fraud
> >or data loss?
>
> The problem with paypal is it is NOT a bank and is not held by the same
> regulations , insurance standards or liabilities as banks.
My "bank" is also "not a bank" (they say they are not "FDIC insured"
which I think is the actual problem at hand). Do I have to be worried?
--
Alvaro Herrera http://www.CommandPrompt.com/
The PostgreSQL Company - Command Prompt, Inc.
