PayPal to roll out buyer vetting service

Tuesday, 19 June 2007, 12:03 AM EST

In a move designed to attract more online sellers to accept its virtual payment service, PayPal this year plans to roll out a voluntary service designed to warn merchants if a transaction presents a fraud risk.

Merchants who adopt PayPal's "payment review" service -- to debut in beta form this summer -- would be alerted if a certain transaction raises red flags.

At Security Fix.

[ Read more ]




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