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Mastercard Cuts Off Third Party Transactions

Posted by ryuzaki0 on from the porn-charge-backs-hurt-us-all dept.

strredwolf writes "Mastercard has cut out third parties from charging on behalf of merchants. This affects folks paying their auctions and goods via Paypal, Yahoo! Paydirect, and potentially ebay's Billpoint. It may also affect Paypal's Mastercard-backed Debit Card, but there's no word from Paypal as far as I can tell." Word has it paypal is trying to negotiate a side deal with Mastercard.

1 of 194 comments (clear)

  1. Re:It's so sad, begging for usury. by ahfoo · · Score: 1, Redundant

    If you're sick, try some peppermint tea.
    If you're a libertarian . . . well, just imagine things are't have to be so black and white for a second.
    In fact, I think taxes are borderline criminal myself and I know damn well that the US became a very wealthy nation without ever raising taxes. That's not some big secret that only libertarians are in on. But although I know this to be true, I still believe the goverment has a role in society and that there is possible to both big and benign. Things like currency should be handled by a government.
    You, on the other hand, don't seem to be open to learning much about usury or its realtionship to the debate at hand.