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macey's Avatar
Posts: 283 | Thanked: 274 times | Joined on Aug 2011 @ uk or @Pai,Mae Hong Son, Thailand
#11
Originally Posted by nieldk View Post
Post #117 in mentioned thread
ok, thanks for that.
 
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#12
Originally Posted by nieldk View Post
Post #117 in mentioned thread
I don't understand PayPal policies. Why would you interfere with your customers transfers as a 'banking' company? Are all consumers now days real human hybrids donkeys? Gold digging will never stop, I think the Neo team needs a investment company.
 
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#13
Originally Posted by jellyroll View Post
I don't understand PayPal policies. Why would you interfere with your customers transfers as a 'banking' company? Are all consumers now days real human hybrids donkeys? Gold digging will never stop, I think the Neo team needs a investment company.
Simply because of Risk.
An aquirer will get fined from MC/Visa et al for many reasons. Way to many to name here. But the fines can be as large as milliond/month.
Which is why PP is their own aquirer. Nobody wanted to be that for them, because of the risk.
Believe me, PPs terms are far less restrictive compared to the usual aquirers.
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#14
@Neo900 devs:
I think this thread illustrates that this project is already on the verge of losing people's confidence, as described in the article [1] Werner linked in the paypal trouble report [2].

You might not assume bad intentions on paypal's side, but please don't assume good ones either! I guess you're just caught in some bureaucratic treadmill that doesn't care for any kind of intentions.
You're not going to get out of it by asking politely or by your customers "easing paypal's worries" - not after almost half a year.

I'm not sure how demanding your lawyer has already been, but if you can, please consider more aggressive juristic steps to give paypal an actual incentive to act!


on a more personal note:
This whole paypal thing is facebook all over again. I'd touch neither of them with a long pole, but nevertheless I'm suffering from the way they work (or in this case: don't work).


[1] http://garethhayes.net/paypal-warning/
[2] http://neo900.org/news/paypal-trouble-delays-project
 

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#15
I was surprised dragonbox.de was accepting Paypal for Pyra pre-orders after having a history of issues accepting paypal payments for the Pandora. Michael Mrozek doesn't seem to worry - his response:
https://boards.openpandora.org/topic...comment-404823
He mentioned any major deviating money transfer can trigger paypal automatically to take this kind of action.

If the team didn't contact Michael Mrozek yet, that might be a good idea. He is a smart guy with a lot of experience dealing with Paypal and may have some good advise.
 

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#16
very very very good idea t-b
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#17
From what I picked up, the Pyra guys are in a more solid financial situation than the Neo900 team.
It would surely be a major inconvenience if paypal froze their account, but I don't think it would take them out of business for months.
They don't even accept preorder payment yet (partly due to their disastrous experience with the Pandora), which was and is a necessity for the Neo900 to become true.
 

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#18
They did accept pre-order payments and sold 200 vouchers in october. https://boards.openpandora.org/topic...ady-to-rumble/
He is pushing his luck or knows exactly how paypal works. I think the latter, because he has mentioned several times he is very careful with his business decisions.
 

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#19
Its totally without sense to compare the two.
Anyone with the sligthest idea about bank business knows that.
Just because your neighbour gets a loan for that grey Tesla model S doesnt mean you get it.
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#20
Originally Posted by nieldk View Post
Just because your neighbour gets a loan for that grey Tesla model S doesnt mean you get it.
Getting a loan (i.e. the money that the bank would lend you) is not the same as receiving the money that someone else sent you. But let's stick to the loan example, there is a nice lesson hidden there. Ask yourself, what has your neighbour done differently that secured him the loan?
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