funsec mailing list archives
Re: Internet.na.us intenet.me.iq internet.uk.eu
From: Drsolly <drsollyp () drsolly com>
Date: Tue, 6 Dec 2005 15:05:55 +0000 (GMT)
You are looking for censorship at the wrong places. Have you ever wondered why you cannot use Paypal for online gambling?
Yes, and I came up with the following. Paypal is a private company, so they're not forced to accept any business they don't want to accept, just like a restaurant isn't forced to serve duck if they don't want to. In particular, I would guess that with online gambling, there would be a strong risk of chargebacks, where gamblers repudiate the card payment that they made via Paypal. This means that someone who paid Paypal, can tell their card company "that was an unauthorised billing", and Paypal has no way to dispute this, and the money that Paypal thought they had, is sucked out of Paypal's account by the credit card company. Paypal then takes the loss, unless they can pass it on to the company they paid out. Worse - if Paypal's chargeback level is high enough (I think the level is 2.5%) then the card companies could decide that Paypal is a bad risk, and Paypal becomes unable to accept credit cards, which would be a fatal situation for them. I don't think this is censorship, I think it's Paypal avoiding a business area that is riskier (in terms of chargebacks) than they want to accept. _______________________________________________ Fun and Misc security discussion for OT posts. https://linuxbox.org/cgi-bin/mailman/listinfo/funsec Note: funsec is a public and open mailing list.
Current thread:
- Internet.na.us intenet.me.iq internet.uk.eu Dude VanWinkle (Dec 05)
- Re: Internet.na.us intenet.me.iq internet.uk.eu Drsolly (Dec 05)
- Re: Internet.na.us intenet.me.iq internet.uk.eu Barrie Dempster (Dec 06)
- Re: Internet.na.us intenet.me.iq internet.uk.eu Florian Weimer (Dec 06)
- Re: Internet.na.us intenet.me.iq internet.uk.eu Drsolly (Dec 06)
- Re: Internet.na.us intenet.me.iq internet.uk.eu Florian Weimer (Dec 26)
- Re: Internet.na.us intenet.me.iq internet.uk.eu Dude VanWinkle (Dec 06)
- Re: Internet.na.us intenet.me.iq internet.uk.eu Drsolly (Dec 06)
- Re: Internet.na.us intenet.me.iq internet.uk.eu Drsolly (Dec 05)