Re: [CAD_CAM_EDM_DRO] No ad fund

I had a problem with a check from paypal. Seems that the post office
delivered the check to the right address but the wrong block. The check was
returned to paypal. When I called to see what the problem was they explained
what happened and verified that my account was correct and that it was a
simple delivery problem. I got the check a few days latter. While I had them
on the line I asked them how they made money since the service was
essentially free to the sender and recipient. Their answer was the interest
in short accounts.
In any case I will echo what Matt said about it being great for the small
businesses. They are working to add international transfers which will
really help me a lot.
Dan
-----Original Message-----
From: Jon Anderson <janders@...>
To: CAD_CAM_EDM_DRO@egroups.com <CAD_CAM_EDM_DRO@egroups.com>
Date: Friday, September 01, 2000 7:53 PM
Subject: Re: [CAD_CAM_EDM_DRO] No ad fund

>
>Don't know how they provide it free, but you sign up with your email,
>and a credit card, and you can zip money to folks in a heart beat.
>There is not cost for this, yet. I suspect many users maintain a balance
>in their paypal account, and paypal uses this cash to earn money
>elsewhere (which is exactly what banks do).
>You can also tie in a checking account and have funds automatically
>transfered to the account, or tap it account instead of the credit card.
>I've used it for eBay purchases and had my items in 2-3 days from close
>of auction. Nice.
>
>Jon
>
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