PayPal bringing new commerce platform into Home Depot

I went to The Home Depot this week and saw signs that they are taking Paypal for payments in-store.

Linky

And Office Depot, but Home Depot is already nationwide, Office Depot is still piloting, I believe.

The devil shows its head. The end of retail customer service cannot be far behind. And the ability to return items. And (insert anything related to aiding the customer).
Amazon will remain for everyone else.

MidnightLight said:   (including some criticisms from Visa regarding the PayPal system's security)

If rewards are not part of the equation, I feel safer paying with PayPal. I've had more issues with my credit cards than I've had with PayPal. There's that one time the gas station took my AMEX and ran $50k in charges. Then there was the other time, the slimy waiter at the restaurant sold it some person in Ukraine. Then there's Geeks that got their credit cards hacked and some person in Vietnam ran some charges up. I've had my issues with PayPal, nothing like what I've had with credit cards.

sun818 said:   If rewards are not part of the equation, I feel safer paying with PayPal.you can't be serious

sun818 said:   MidnightLight said:   (including some criticisms from Visa regarding the PayPal system's security)

If rewards are not part of the equation, I feel safer paying with PayPal. I've had more issues with my credit cards than I've had with PayPal. There's that one time the gas station took my AMEX and ran $50k in charges. Then there was the other time, the slimy waiter at the restaurant sold it some person in Ukraine. Then there's Geeks that got their credit cards hacked and some person in Vietnam ran some charges up. I've had my issues with PayPal, nothing like what I've had with credit cards.

The difference between dealing with your CC company and Paypal is that you can actually do the former, and they have incentive to make it right (competition, regulations). You obviously have never had an issue arise with Paypal.

I've been using PayPal for over ten years. They are fine.

I paid $150 ($50 x 3) for the the fraud charges on the credit card.

For more than ten years, I've yet to have a fraud using PayPal as the payment method.

I know most of the people on FW have a different opinion about PayPal so the responses are predictable.

Venturion said:   sun818 said:   usage contrary to common FWF activity.

If you think so... its just your opinion.

Your phone number associated with your PayPal and a PIN. If you have the iPhone app, the login procedure would be similar.

sun818 said:   If rewards are not part of the equation, I feel safer paying with PayPal. I've had more issues with my credit cards than I've had with PayPal. There's that one time the gas station took my AMEX and ran $50k in charges. Then there was the other time, the slimy waiter at the restaurant sold it some person in Ukraine. Then there's Geeks that got their credit cards hacked and some person in Vietnam ran some charges up. I've had my issues with PayPal, nothing like what I've had with credit cards.

Yes, and you paid nothing when your AMEX got stolen. That's because there are rules and regulations for credit card companies and also rules from Visa, Mastercard, and AMEX for their networks. You have a huge number of protections against regulated financial institutions. I might add that I've had my credits cards jacked numerous times, and I've never paid the $50 that you mention, even though I know it's written in the standard Visa agreements.

Paypal has no such regulations and is not regulated as a bank, even though they are acting as one in many cases. It's not a good thing. I don't trust Paypal at all and do not leave money in my account. They can freeze your account at any time, and you have very little recourse. What they say on disputes goes, and you have very little recourse (anyone who regularly transacts on eBay knows what I'm talking about).

Hopefully they recreate the full paypal experience and some hooligans dressed in paypal shirts steal my wallet in the parking lot and put a freeze on the home repair items I purchased for 2 weeks.

beanie4me said:   sun818 said:   limited exposure and customer service are not high among them.

I agree on your point about customer service. Limited exposure, I would argue, is better with PayPal since there are email notifications every time there is a purchase made with a debit card, an e-mail change, funding from your bank account, funding your credit card. If you are away on vacation or don't check your e-mail, then it is not useful, but I find being able to receive e-mail from PayPal for transactions virtually mitigates fraud to the short term.

With credit cards, some people only have their monthly paper statements to go on. You can also be proactive with online accounts, but I find PayPal has refined this process more.

arktc said:   sun818 said:   I've never paid the $50 that you mention, even though I know it's written in the standard Visa agreements.

Good for you. I've paid the deductible numerous times. You do realize there many credit cards out there and some actually enforce their policies?

Saw this a month ago at Home Depot and it made my skin crawl.

xerty said:   sun818 said:   Unless you are specifically referring to WikiLeaks, PayPal does not "freeze" accounts any more.
LOL, if they aren't freezing your account, you aren't trying hard enough. They sure do freeze accounts for no good reason (I.e. No chargebacks or disputes, just "looks risky"), and you'll be lucky if they give you the time of day, let alone you money back, before 6 months.And your bank can do the same thing if your usage "looks risky". It is their opinion.

Give us details of your exact instance where Paypal froze your account.

DeFiantROA said:   Cash is king. Always will be.And I am using "cash" every time I make a purchase with my Paypal card.

watchtower77 said:   Listen, you paypal fanboys, either you work for paypal/eBay or you are lucky and/or fools.
Google paypal is the devil and see how happy everyone is with paypal.
Google paypal is great and compare.I did a lot of "questionable transactions" when Bing CashBack was alive. I did get one warning from eBay, never a word from Paypal.

People that have an instance and are unhappy love to complain. People that do not and are happy have other things to do. That makes the comparison uneven.

EvilCapitalist said:   Nope. He's a buyer. FWF folks that have beef with paypal are sellers and, dare I say it, most likely are the at nest gray market sellers.

I don't you know me well enough to make such statements. I do both with PayPal.

Meh, I moved a lot of goods, dough, services, donations, etc through PP since it started.

Had 1 guy try and bone me on a deal. 15 minutes later it was resolved.

Never had a complaint. If they're the devil, they're giving me back 1.5% CashBack on my purchases to be the devil,
so whatever, I'll go that route.

jimates said:   DeFiantROA said:   Cash is king. Always will be.And I am using "cash" every time I make a purchase with my Paypal card.

watchtower77 said:   Listen, you paypal fanboys, either you work for paypal/eBay or you are lucky and/or fools.
Google paypal is the devil and see how happy everyone is with paypal.
Google paypal is great and compare.I did a lot of "questionable transactions" when Bing CashBack was alive. I did get one warning from eBay, never a word from Paypal.

People that have an instance and are unhappy love to complain. People that do not and are happy have other things to do. That makes the comparison uneven.

Moron thinks dollar bills is same thing is a debit card. How they brainwash the public.

Wonder how long it is before Home Depot gets its account frozen for suspected fraud?

EvilCapitalist said:   arktc said:   EvilCapitalist said:   Venturion said:   sun818 said:   I've been using PayPal for over ten years. They are fine.

I paid $150 ($50 x 3) for the the fraud charges on the credit card.

For more than ten years, I've yet to have a fraud using PayPal as the payment method.

I know most of the people on FW have a different opinion about PayPal so the responses are predictable. Actually your responses are rather predictable in that they typically represent usage contrary to common FWF activity.

Now, this one time at band camp...Nope. He's a buyer. FWF folks that have beef with paypal are sellers and, dare I say it, most likely are the at nest gray market sellers.

No, I'm not talking about gray market sellers -- do you mean the people who buy things at discount in a FWF deal and then re-sell on eBay? I have never sold anything on eBay, although I have purchased plenty of things on eBay, but there are two stories I'll give here that do not involve gray market issues:

1) http://forum.purseblog.com/ebay-forum/help-i-think-i-am-being-sc...

You are talking about at best gray market sellers that are in the business of walking the thin line on fraud - i'd give it 99:1 that the LV bag would not have passed the machine test so the person in question was selling counterfeit item. Even the first post on that thread is dance around of what kind of fraud one can engage in without getting caught. Guess what? I'm peeved the person did not get nailed for doing that. Here's my "dream world" - no person selling a fake can use paypal or any other electronic transaction. Make them be internet version of the Canal St stalls - cash only.

Look, I get what you're saying about gray market stuff, but this is not at all gray market. If you read deeper into the thread, you can see where the scammer has posted the authentic item on Craigslist, along with authentic stuff from other people the scammer scammed. http://forum.purseblog.com/ebay-forum/help-i-think-i-am-being-sc... There are photos included on the Craigslist post, which someone made a screenshot of, and in some cases the scammer used the original photos from the original seller that got scammed. It is a long thread, so I don't blame you for not reading further.

The Purse Forum is a legit source of authentic bags because it is inhabited by collectors and enthusiasts, but it is for person-to-person transactions. As I understand, the transaction in question was made by a reputable member of the forum who has engaged in more than one person-to-person transaction on the forum. The Purse Forum is not a forum I inhabit, but a forum that a friend who is an enthusiast inhabits. From what I can tell, it's similar to Fred Miranda or Photography-on-the.net for photography equipment. Fred Miranda, which I've used in the past, has a feedback system for members of the forum, and there is a good bit of policing on the forum as well where people will report back to the entire forum a possible fraud scenario when a seller doesn't seem quite right. I'm assuming that The Purse Forum does the same.