Amazon Payments does not disburse customers funds. They let you create the account, then they collect funds from your customers and then they KEEP YOUR CUSTOMERS MONEY. They do not let you withdraw funds. All of your customers money WILL be kept by Amazon. If you are sceptical, please research this service online before opening an account. They took me for $1500+. If anyone is considering a class-action law suit please contact me at nda231@aol.com.
Ha. If you read their fine print and sign up for their services, one of the items in there is that you waive your right to sue them if you lose money using their service.

Why would a trustworthy company have that?
You're joking, right? Amazon I might be inclined to trust as the transactions I have had with them have been satisfactory. Even though, they will have to earn my trust again for a payment system. I'm a suspicious little bastard :)
"...as Paypal is still the most popular service due to its having built up reputation for being trustworthy and reliable" - as anyone who has ever been screwed by an Ebay seller would testify, PP's "guarantee" is pretty worthless. Sellers set up shop using PP, screw lots of buyers, and cash out. PP won't do a damn thing about it.

Jim
Since when has paypal been trustworthy they dont even go by bank rules and they side with people that claim for an item thats not been recieved even when you can prove they did.Paypal lost 400 pound of a mates money and refused to give it back you have to take a 50/50 chance when you transfer funds from paypal to your bank .I am not pleased at being bullied into taking paypal by ebay either .
Amazon Payments does not disburse customers funds. They let you create the account, then they collect funds from your customers and then they KEEP YOUR CUSTOMERS MONEY. They do not let you withdraw funds. All of your customers money WILL be kept by Amazon. If you are sceptical, please research this service online before opening an account. They took me for $1500+. If anyone is considering a class-action law suit please contact me at nda231@aol.com.
Ha. If you read their fine print and sign up for their services, one of the items in there is that you waive your right to sue them if you lose money using their service.

Why would a trustworthy company have that?
You're joking, right? Amazon I might be inclined to trust as the transactions I have had with them have been satisfactory. Even though, they will have to earn my trust again for a payment system. I'm a suspicious little bastard :)
"...as Paypal is still the most popular service due to its having built up reputation for being trustworthy and reliable" - as anyone who has ever been screwed by an Ebay seller would testify, PP's "guarantee" is pretty worthless. Sellers set up shop using PP, screw lots of buyers, and cash out. PP won't do a damn thing about it.

Jim
I'm all for anything to give Ebay and PayPal competition, hopefully to bring their inflated fees down.
Since when has paypal been trustworthy they dont even go by bank rules and they side with people that claim for an item thats not been recieved even when you can prove they did.Paypal lost 400 pound of a mates money and refused to give it back you have to take a 50/50 chance when you transfer funds from paypal to your bank .I am not pleased at being bullied into taking paypal by ebay either .