Re: Why Pay Pal... ?
OK, replying to my own post, and the comments above, which I've read and re-read.
It seems then that the point of PayPal is for the retailer and not the consumer. Nigel commented that the need for PCI compliance disappears. Ok, fair enough, as this keeps down the retailers cost and complexity. However, there seems to be the missing item of /consumer/ safety in this, the "mandatory" credit card fraud protection.
If I have a dispute on my credit card, my bank will take this up with the retailer, the "amount" is removed from my balance until the "dispute" is resolved, either for me or for the retailer [maybe I "forgot" or was being a bit thick that day..... it happens !]. My understanding is that this is a "legal requirement" through the Consumer Credit Act, or similar. I could be wrong.....
However. with PP where is the "enforcement" of the consumer rights ? I see PP on my visa statement, I say "woha, steady on there.....". I call my bank, they contact PP and PP are obliged to do what ? As far as I can see, they /could/ turn around and say "we've done our bit, of moving money from A to B"; that is what PP are, money movers.
With respect to the honourable Reg posse below, I still don't see how PP helps me, the /buyer/ even though it may help the retailer.....