Paying land fees with paypal
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Nimue Galatea
я говорю по русски ;)
Join date: 24 May 2004
Posts: 517
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06-03-2005 22:20
From: Roberta Dalek hmm - well none of this seems to be available in the European Union. Paypal Debit Card - The PayPal ATM/Debit Card is available to users who:...Have a U.S. PayPal account To apply for a Providian Credit Card, visit www.paypalcreditcard.com, click any Apply Now link and complete the registration. The Providian Credit Card is not available for non-U.S. members. Paypal Debit Bar - The PayPal Debit Bar is available to users who:...Have a Domestic PayPal account Thank you for the link, I'm interested. |
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Nolan Nash
Frischer Frosch
Join date: 15 May 2003
Posts: 7,141
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06-04-2005 23:57
From: Schwanson Schlegel $L is not real money.
LL can not pay salaries using $L.
LL can not pay their vendors using $L.
LL can not pay their taxes using $L.
LL can not pay their rent uing $L.
If they could use $L to pay for any of those things, they could just print up a bunch of $L's and and be instantly wealthy. Philip Trump.
The $L only has value when a user wants to pay RL money for it. Yep. LL simply cannot accept L$ as tier or subscription. They have no way to convert it to cash, not to mention, it would suck money out of SL's economy and affect the value of the L$.
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“Time's fun when you're having flies.” ~Kermit
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Jessica Kinsella
Artistic Heathen
Join date: 4 Feb 2005
Posts: 21
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06-05-2005 21:58
From: Nolan Nash Yep. LL simply cannot accept L$ as tier or subscription. They have no way to convert it to cash, not to mention, it would suck money out of SL's economy and affect the value of the L$. and there's the key... even assuming that linden decided to take your L$ as payment, and even if they kept this separate from the game money they couldn't sell the L$ back (through GOM IGE or some invention of their own) without flooding the market.... if the market get's flooded, then that $40 you WERE making off 10k L$ would quickly become $0.40 per 10k block.... and the ingame economy would crash through the floor... making it pointless... that's a simplification, but very apt... nevermind the ethics. |
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Byron McHenry
Registered User
Join date: 21 Sep 2004
Posts: 204
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06-05-2005 22:54
From: Catherine Omega No, the Linden dollar is not real money. It's play money. The Lindens make no claims that it has any value at all. The fact that other people are willing to give you US$ in exchange for it has nothing to do with the Lindens. If they were to declare it a valued currency, they'd effectively be establishing themeselves as a bank, with all the ridiculous hassles that would entail. Jon, that's not how the transaction works. The Lindens don't sell currency to anyone, and in fact, they couldn't, not unless they wanted to cripple the economy. IGE and GOM are both exchanges, working with a static amount of money. Only ownership of L$ changes. Exchanges like IGE and GOM don't add money into the system. If anything, they remove money from circulation, as it sits in the exchanges' coffers, rather than recirculating immediately within the economy. From the Lindens' perspective, they get $160K a month, and no idea where it came from. Maybe their subscribers have jobs. Maybe they deal meth. It doesn't really matter.  According to the Lindens here, they're planning to add PayPal support to SL within the next couple of weeks. So that's good for all of us with trouble getting money to Linden Lab's pocket. thats how the us dolloar works its not backed by gold but by the faith that shop keeper down the street or your neighbor is willing to accept it as trade note soo manny units of dollars is worth soo much because we choose to beliece in the price so 1000 lindens is worth 4 us dollars dollars it because real money when you believed it had value. and when it become play money again is when you decide that it has no value and no one acceptes it as a barter tool any more. |
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Eggy Lippmann
Wiktator
Join date: 1 May 2003
Posts: 7,939
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06-06-2005 05:06
Can anyone tell me what exactly this money order is? Is it like mailing a cheque to me? The last time I cashed an american cheque the bank took a 15% commission  |
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Ash Qin
A fox!
Join date: 16 Feb 2005
Posts: 103
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06-12-2005 13:09
I would not trust paypal transactions, they are not even a merchent. Everything you pay to them goes into their big paypal bank account, where they can do what they please with the money, they can suspend payments etc for months on end etc. and there are NO legal issues they have. The problem is not really that they can do this, it is that they ARE doing this. I suggest you read http://www.paypalsucks.com/ for more information. |
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nonnux white
NN Dez!gns
Join date: 8 Oct 2004
Posts: 90
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06-12-2005 13:19
there are also alot of websites about google-sucks, bush-sucks, etc-sucks.
there will be allawys people that loves something, and other persons that hate this same thing.
paypal never failed to me... so i love paypal
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Ash Qin
A fox!
Join date: 16 Feb 2005
Posts: 103
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06-12-2005 13:21
From: nonnux white there are also alot of websites about google-sucks, bush-sucks, etc-sucks.
there will be allawys people that loves something, and other persons that hate this same thing.
paypal never failed to me... so i love paypal Paypal on the other hand has failed me, and plenty of other people I know. Let me put it this way, I couldn't hate it for doing something it isn't doing and hasn't done to me and others. |
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Aaron Levy
Medicated Lately?
Join date: 3 Jun 2004
Posts: 2,147
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08-05-2005 14:00
I thought this was "a few weeks" away like 4 months ago?! I'd really like PayPal, too, and the ability to pay my monthly fees in advance. I budget better playing in advance because my income is sporadic IRL.
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Snakekiss Noir
japanese designer
Join date: 9 Dec 2003
Posts: 334
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lindens say this is coming soon
08-05-2005 17:28
I also would like them to hurry.
I would like to use Paypal backed by debit card so I can pay the land tier via Paypal not off a credit card direct.. Lindens have said this is being tested in US only but they hint that soon we will all get ordinary Paypal means to pay. Can a Linden say when this will happen we have waited a LONG time now since asking for this
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Roberta Dalek
Probably trouble
Join date: 21 Oct 2004
Posts: 1,174
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08-05-2005 17:35
I applied to join the trial when it came up at the last town hall. Still not heard anything back.
Paypal here (UK) is regulated by the Financial Services Authority so it's reasonably safe.
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Malachi Petunia
Gentle Miscreant
Join date: 21 Sep 2003
Posts: 3,414
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08-05-2005 19:05
From: blaze Spinnaker I have a PayPal credit card and I am canadian... But Canada is also one of the United States, so all paypal services are available to you. *ducks* Personal strong bias: Paypal scares me in their like a bank, not regulated like a bank, prevalance of scams. etc. Please also note that debit cards offer none of the protections required of credit cards which is why financial serives firms push them so hard (they have to eat less fraud and therefore get to pass the losses onto you). Credit cards and bank checks/cheques/drafts have all sorts of protective regulation hammered out after years of frauds. Debit cards are exempt as they were "invented" after the regulations were made. At least in the US (which may or may not contain Canada). |
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Malachi Petunia
Gentle Miscreant
Join date: 21 Sep 2003
Posts: 3,414
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08-05-2005 19:14
From: Eggy Lippmann Can anyone tell me what exactly this money order is? Is it like mailing a cheque to me? The last time I cashed an american cheque the bank took a 15% commission Use the force, Eggy. So far as I know, they are exactly like bank drafts internationally, the only difference being that the draft is against the bank/firm and not the payer's accout. Banks can and do charge whatever the hell they want for every service they can think of, epsecially in the US. Oh, you'd like to buy 100 pennies (US$0.01), that will be US$2 please, have a nice day. *fake smile* Wow, I really don't like banks. And I've never had any troubles. Odd... |
