Paypal loses New York State lawsuit

Some believe that PayPal implies a guarantee on your purchases, when in fact it does not. They're shelling out $150,000 to settle this one.

[blockquote]PayPal, the payment service of internet auction house eBay, has admitted misleading shoppers into believing it offered credit-card-style protection.[/blockquote]
[b][link=http://news.bbc.co.uk/1/hi/business/3544795.stm]Full story[/link][/b]

[i]Submitted[/i] by panzerkw