Quote:
Originally Posted by zapper
Hey!.. this is really a very good move!. Atleast now, PayPal has realized that it`s important to protect it`s clients from switching to other e-currencies. But, sad for international mebers as it`s only valid for the US citizens.
And, Buaya, Google Checkout cannot be termed as a "Payment Processor", since it doesn`t allow transfer of funds from one person to another...
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I believe it won't be long since they wish to counter google checkout but still I'm worried they just open for specific countries only while others would have to wait a long time.
Google Checkout is considered a "payment processor" where it is defined as
a company that attends to the actual processing of a credit card transaction, to be distinguished from the merchant account bank, which merely acts as the recipient of the transaction, proceeds. - ecxweb.