PayPal now has a new feature where you can request either a physical or virtual MasterCard debit card that will use your PayPal balance and this will allow you to shop wherever MasterCard is accepted. It’s called PayPal key. PayPal has been the bank that is not a bank for a long time now and they are skirting around the edges of the banking industry. They are now virtually cashing checks and depositing it into your PayPal balance. They use a couple of banking partners to help them with this while remaining not a bank. Amazon notably doesn’t accept PayPal and as far as I know Apple doesn’t accept them for Apple Pay but they do allow you to use them for the App Store. But you can use the debit card (virtual or plastic) on amazon and it works just fine. 73 Ria N2RJ On Thu, Sep 24, 2020 at 4:33 PM Bob Famiglio, K3RF via arrl-odv < arrl-odv@reflector.arrl.org> wrote:
PayPal is not great for the Payee organization, since they do chargebacks on any complaint by the Payor even month’s later I understand. I would not use them, but perhaps another member of the board has a different experience.
*Bob Famiglio, K3RF*
*Vice Director - ARRL Atlantic Division*
*610-359-7300*
www.QRZ.com/db/K3RF
*From:* arrl-odv *On Behalf Of *Michael Ritz *Sent:* Thursday, September 24, 2020 4:26 PM *To:* arrl-odv@reflector.arrl.org *Subject:* [arrl-odv:31022] Fwd: Re: ARRL acceptance of PayPal for transactions
I have yet another member miffed and asking me why we don't accept PayPal for membership renewals or store purchases. I thought this subject had come up before, so I did a bit of digging and found that Howard stated that he expected we would be accepting PayPal as payment at HQ "within a year". That was in early January 2019. Soon it will be 2021.
PayPal business transaction fees are discounted for 503(C) organizations, and appear to be in line with what the major credit card companies are charging. (About 2.2%)
Anybody know where we are with this? Should this be an action for A&F to follow up on?
73;
Mike
W7VO
---------- Original Message ----------
From: "Michel, Howard, WB2ITX (CEO)" <wb2itx@arrl.org>
To: "Ritz, Mike, W7VO, (Dir, NW)" <w7vo@comcast.net>, "Michel, Howard, WB2ITX (CEO)" <wb2itx@arrl.org>
Cc: "Middleton, Diane, W2DLM (CFO)" <dmiddleton@arrl.org>
Date: 01/03/2019 7:30 PM
Subject: Re: ARRL acceptance of PayPal for transactions
Hi Mike,
I expect we will be accepting PayPay within a year.
73, Howard, WB2ITX
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