The April 30 announcement from PayPal about providing buyer protection for digital goods has finally gone into effect. Starting yesterday (July 1), the payment processing company will expand its global buyer protection to intangible goods. At the time, the company’s Chief Risk Officer Tomer Barel remarked that “PayPal’s Global...
October 10, 2017
“Does this merchant pass the Debbie Test?” That’s the first thing Donald Kasdon, chief executive officer of credit card processing and payment solutions provider T1 Payments, said he asks when considering whether the processor should take on a new merchant. Debbie is Kasdon’s mother and, according to Kasdon, she’s the perfect litmus test for a vendor’s risk level. “She’s […]
July 02, 2015
The April 30 announcement from PayPal about providing buyer protection for digital goods has finally gone into effect. Starting yesterday (July 1), the payment processing company will expand its global buyer protection to intangible goods. At the time, the company’s Chief Risk Officer Tomer Barel remarked that “PayPal’s Global Buyer Protection has covered physical goods for many years, and […]
