Browsing archives for September, 2005

Why doesn’t PayPal offer an escrow service?

1 September 2005 | 0 Comments

Seems to me like they ought to do this if they don't already...they've in the obvious position to mediate the easy transfer of cash using an escrow process...ie. I send cash to your paypal account, but paypal holds this in escrow until I receive the goods. I am the only one who can complete the transfer (when I receive the goods) and the seller is the only one who can cancel the transfer of funds.

Seems like PayPal could also provide a feedback mechanism for transactions outside of eBay. A sound feedback mechanism has to be tied to actual transactions (to prevent fake feedback), and PayPal are again right in the middle of it.

Been thinking through a few ideas recently and keep coming back to these two needs. I am happy to use PayPal as a transaction platform, but it would be even more useful if they offered these features.

Maybe someone can explain to me why they don't do this already. Or do they?

24 Mb broadband!

1 September 2005 | 0 Comments

Now this is what I am talking about! I want it too.