Why not PAYPAL for online gaming?

[Mr. Orange]

Why is PAYPAL not an option at any of the sites? Considering all the bootleg stuff they process through ebay, they should jump on board.

[SBR Lou]

They used to, but were pressured by the US and sued.

[bigboydan]

Paypal use to process gaming transaction about 5 or 6 years ago for everyone, however when Ebay bought them out they stopped processing. Since then some Euro's did win a lawsuit that gave them the right to resume processing through them, and a handful of books like BetFair, and Ladbrokes offer that payment option these days.


I think some people did find away around this one though here in the states by going to ********.com and ordering a **** debit card. Then they allow you to deposit money your debit card from paypal. I'm not sure if this method still works or not, but it was about 3-4 months ago.

[JoshW]

Ebay didn't want the heat, and they turned out right. Can you imagine the feds arresting ebay founders instead of just Neteller?

[luciano]

Ebay paid the US Govt a huge amount of money to get out of that one. I cant remember how much, it was a lot though.

[greg66]

Their demise led to the rise of Neteller.

[ritehook]

eBay actively co-operated with the religious rightists when UIGEA was knocking around Wash DC, before it was bootlegged into a port security bill.

Reason? Ebay is scared crapless that the govt will allow cash-hungry states to violate the Constitution and tax interstate commerce: ie, to allow the greedy states to lay a sales tax on out-of-state sellers shipping to a state with a sales tax.

CEO of eBay (which as been noted owns PayPal), billionaire Meg Whitman, would likely pull a 500 + man train on the stops of the US Congress to avoid that corporate killer. (If I had to do it I'm OUT of EBAY immediaely)

Another issue is whether Congress may pass a bill requiring online middleman sites to send the US Govt and individual sellers a W2 income tax form, for their online sales.

If so, or it the legislation is even proposed, sell your eBay stock immediately - that will cause at leat 2/3 rd of all ebay sellers to go back to flea markets.

[jjgold]

paypal was the greatest money transfer system ever