Monroe Labouisse, the director of PayPal’s business on eBay in the US and Canada sat down with eBay’s chief Blogger Richard Brewer-Hay and sketched out this post explaining the policies behind eBay Item Holds. An eBay Item Hold is when eBay asks PayPal to hold a payment in a seller’s PayPal account for up to 21 days. This occurs as a "buyer protection" when eBay believes the transaction is more likely than the average transaction to be fraudulent.
Starwood, Text 100 Explain Their Second Life
Text 100’s Georg Kolb replied to my earlier post on Second Life and provided the firm’s rationale for setting up shop virtually. Here are excerpts from his comment.