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. ---------------------------(end of broadcast)--------------------------- TIP 3: Have you checked our extensive FAQ? http://www.postgresql.org/docs/faq
