Welcome to WebmasterWorld Guest from 220.127.116.11
Forum Moderators: buckworks
Here's the link to the USA Today article:
If you would like to combine the 2 threads pertaining to this issue (and if that is possible), feel free.
It will be interesting to see how this plays out between Mastercard and the various 3rd party systems.
to me, this shows that there is too much fraud with paypal and it's yet another good reason not to use paypal. shame that usa today doesn't mention what other card processing companies are and are not affected - it's going to be highly unfair on paypal users that don't know any different if they switch to another service also affected .....
You're right - the USATODAY articles do focus on PayPal and don't list what other 3rd party systems are affected. At this point if Website owners are thinking of switching from PayPal to another service solely on the basis of this pending change in Mastercard rules, perhaps they should wait until May 1 to see if PayPal and Mastercard are able to negotiate an agreement.
Other 3rd party payment systems may also be attempting to negotiate their own agreements with Mastercard before May 1. If Mastercard wants more screening and more fraud controls, as this USATODAY update suggests, maybe some or all of them will be able to come up with procedures that satisfy Mastercard. Or, maybe they won't. It'll be interesting to see how this all plays out.
journalists don't help anyone except themselves
That sounds true Crazy_Fool ( just that I hadn't concluded it ), almost an year back, i happen to write to a journalist in my country for some info, but i am yet to recieve a reply from him/her :(
As you noted, Ideavirus, this is a development with pretty big implications, but not much information has yet come forth.