Telstra has revealed the addition of almost one million new mobile services in the six months to December 2011, but Sensis revenues plummeted 24 percent in 12 months.
“The Banking Association also put in an
excellent submission and it wouldn't hurt to cc all letters you send to
your banks, on to the Banking Association also. They represent all the
major banks.
“After all, our banks have been around since before I was a born, and I
too, have always banked with CBA over my lifetime, so why would I want
to stop trusting that relationship now and simply believe PayPal who's
been on the scene for five minutes? They haven't even stood the test of
time, and what if everyone withdraws funds at once????? Kaboom !!!
“Read PayPal's User Agreement, and compare it to that of your bank.
“Particularly the disclaimer section. I got half way through the sign
up for PayPal thinking it couldn't be that bad, and something inside me
said, read the User Agreement first. Well, after I read it, I ran - I
didn't walk - to the nearest exit. No liability taken for anything.
“Don't be sucked in... read the User Agreement before handing over your
identity and financial info to PayPal. Our Banks are safer by a country
mile.”
What eBay’s response to this new campaign will be is, as yet, unknown, although in a previous iTWire article on the continuing saga, eBay Australia spokesperson Daniel Feiler is quoted telling SmartCompany.com.au that it is a "myth" that PayPal does not abide by Australian financial laws.
Feiler is specifically quoted defending eBay “against the allegations
that it promotes PayPal to the detriment of other payment methods” and
is further quoted saying “traders are not restrained in the payment
methods they can offer and all payment methods will be advertised next
to PayPal on a seller’s site.”
The quotations continue: “eBay does promote PayPal because of its
security benefits. Our data clearly shows that you are almost four
times less likely to enter a dispute if you pay by PayPal than if you
pay by bank deposit, credit card or money order. It would not be right
for us not to make people aware of that fact.”
The article also quotes Feiler exploding the “myth that PayPal is not
regulated in Australia” despite eBay not being a party to the EFT.
That’s because PayPal does indeed “have a banking license and is
regulated under Australian banking laws”, with Feiler quoted saying:
“Anyone with a complaint about the PayPal dispute resolutions process
can take it to the banking and financial services ombudsman and have
that third party review the case.”
Feiler continues: “PayPal standards either meet or exceed the EFT code
of conduct. PayPal does have systems in place that should give all
Australian users certainty that they are dealing with a body that is
regulated.”
David Bass
| For the fourth year in a row, IDC has placed content security provider Websense (NASDAQ: WBSN) at the top of the IDC Worldwide Web Security 2011 –…
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