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Users of PayPal are No Longer Able to Block Credit Card Payments

13 January 2005

PayPal announced that beginning in February, sellers will no longer be able to block customer payments funded by a credit card. Some sellers, concerned about buyers making chargebacks, refuse credit-card funded transactions, but will no longer be able to block them.

The blocking feature was part of the PayPal Payment Receiving Preferences available to Premier/Business account holders, allowing them the option to block customer payments funded by a credit card when the sender has a bank account registered with PayPal.

Source: AuctionBytes


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