PayPal / eBay - Important: PayPal is eliminating some automatic emails
17 December 2008 by Event Horizon 1984
The following email is a PayPal email, regarding the cessation of specific PayPal notification emails.
The reason for the change is fairly obvious. By not immediately notifying a business that their payment funds are available, this allows PayPal/eBay to earn more float interest on those business earnings.
This short additional delay on a small amount for a single transaction, adds up as PayPal/eBay deals with millions of transactions.
This is not a large amount, for multi-billion dollar corporations. Like additional banking fees, this does show greed, in this squeezing out of every extra "penny" from PayPal/eBay customers. And desperation, in the need to perform this action.
Tired of email clutter? So are we. To make your life easier, we're eliminating some of the automatic emails we send after transactions. These changes will take effect on February 11, 2009. Though you will no longer receive certain emails, all transaction details will still show up in your PayPal account for your record keeping.
What you need to do:
If you don't use PayPal emails to trigger any automated processes, do nothing.
If you've been using any of the emails listed below to trigger actions such as updating accounting and inventory or sending customer communications, you will be able to access this information on the "History" page in your PayPal account. If you want to automate your processing, you may implement Instant Payment Notification (IPN). IPN provides a free, reliable solution for automatically notifying businesses of transaction status. For more details send your developer to www.paypal.com/ipninfo
The emails we're discontinuing are:
The email you receive when you cancel an order (Merchant cancel email: ID# PP594)
The email your customer receives when you cancel an order (Buyer void email: ID# PP592)
The email you receive when funds move out of your customer's PayPal account (Merchant capture email: ID# PP593)
The email your customer receives when funds move out of their PayPal account (Buyer capture email: ID# PP591)
The email you receive after you initiate a refund to a customer (Merchant refund email: ID# PP286)
PayPal / eBay - Important: PayPal is eliminating some automatic emails
17 December 2008 by Event Horizon 1984
The following email is a PayPal email, regarding the cessation of specific PayPal notification emails.
The reason for the change is fairly obvious. By not immediately notifying a business that their payment funds are available, this allows PayPal/eBay to earn more float interest on those business earnings.
This short additional delay on a small amount for a single transaction, adds up as PayPal/eBay deals with millions of transactions.
This is not a large amount, for multi-billion dollar corporations. Like additional banking fees, this does show greed, in this squeezing out of every extra "penny" from PayPal/eBay customers. And desperation, in the need to perform this action.
Tired of email clutter? So are we. To make your life easier, we're eliminating some of the automatic emails we send after transactions. These changes will take effect on February 11, 2009. Though you will no longer receive certain emails, all transaction details will still show up in your PayPal account for your record keeping.
What you need to do:
If you don't use PayPal emails to trigger any automated processes, do nothing.
If you've been using any of the emails listed below to trigger actions such as updating accounting and inventory or sending customer communications, you will be able to access this information on the "History" page in your PayPal account. If you want to automate your processing, you may implement Instant Payment Notification (IPN). IPN provides a free, reliable solution for automatically notifying businesses of transaction status. For more details send your developer to www.paypal.com/ipninfo
The emails we're discontinuing are:
The email you receive when you cancel an order (Merchant cancel email: ID# PP594)
The email your customer receives when you cancel an order (Buyer void email: ID# PP592)
The email you receive when funds move out of your customer's PayPal account (Merchant capture email: ID# PP593)
The email your customer receives when funds move out of their PayPal account (Buyer capture email: ID# PP591)
The email you receive after you initiate a refund to a customer (Merchant refund email: ID# PP286)
PayPal / eBay - Important: PayPal is eliminating some automatic emails
17 December 2008
by Event Horizon 1984
The following email is a PayPal email, regarding the cessation of specific PayPal notification emails.
The reason for the change is fairly obvious. By not immediately notifying a business that their payment funds are available, this allows PayPal/eBay to earn more float interest on those business earnings.
This short additional delay on a small amount for a single transaction, adds up as PayPal/eBay deals with millions of transactions.
This is not a large amount, for multi-billion dollar corporations. Like additional banking fees, this does show greed, in this squeezing out of every extra "penny" from PayPal/eBay customers. And desperation, in the need to perform this action.
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Hello {edited out},
Tired of email clutter? So are we. To make your life easier, we're eliminating some of the automatic emails we send after transactions. These changes will take effect on February 11, 2009. Though you will no longer receive certain emails, all transaction details will still show up in your PayPal account for your record keeping.
What you need to do:
The emails we're discontinuing are:
Thanks,
PayPal
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Posted at 14:48 in Commentary, eBay, PayPal | Permalink
Tags: eBay, email, float, interest, PayPal
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