Important StormPay Policy Change
Important StormPay Policy Change:
23-Mar-2006 14:21
"Dear Valued StormPay customer,
Effective immediately StormPay Inc. will no longer accept payments for sales made outside of StormPay Auctions. If you are an online seller who wishes to sell your product or service through the StormPay system, your item must be sold using the StormPay Auctions feature. Listing in the StormPay Auctions is FREE of charge unless utilizing our inexpensive upgraded listing options.
Q: Why has StormPay implemented this new policy?
A: StormPay has rendered certain policy changes to insure a safer online experience for both buyers and sellers. This policy change allows StormPay to more closely monitor the products/services sold, insuring that sold items are within StormPay's acceptable use policies.
Under these new policy guidelines, customers may no longer log into a StormPay account for the purpose of sending money to another online user, or "offsite" website sale. All "spends" and "receives" are and only can be for the specific purchase of a user's auction listing and successful purchase of.
Subscriptions (recurring billing) is no longer supported by the StormPay system. All current subscriptions have been cancelled. We apologize for any inconvenience this may have caused.
We appreciate your business. As always, if you have any questions, feel free to contact us.
StormPay Inc."
_______
Unless I am misreading this Policy Change, StormPay seems to be effectively taking itself out as an online payment processor. I am not sure how popular is SP auction - have never used it, nor will.
I am very curious what back room deals are being made regarding SP.
23-Mar-2006 14:21
"Dear Valued StormPay customer,
Effective immediately StormPay Inc. will no longer accept payments for sales made outside of StormPay Auctions. If you are an online seller who wishes to sell your product or service through the StormPay system, your item must be sold using the StormPay Auctions feature. Listing in the StormPay Auctions is FREE of charge unless utilizing our inexpensive upgraded listing options.
Q: Why has StormPay implemented this new policy?
A: StormPay has rendered certain policy changes to insure a safer online experience for both buyers and sellers. This policy change allows StormPay to more closely monitor the products/services sold, insuring that sold items are within StormPay's acceptable use policies.
Under these new policy guidelines, customers may no longer log into a StormPay account for the purpose of sending money to another online user, or "offsite" website sale. All "spends" and "receives" are and only can be for the specific purchase of a user's auction listing and successful purchase of.
Subscriptions (recurring billing) is no longer supported by the StormPay system. All current subscriptions have been cancelled. We apologize for any inconvenience this may have caused.
We appreciate your business. As always, if you have any questions, feel free to contact us.
StormPay Inc."
_______
Unless I am misreading this Policy Change, StormPay seems to be effectively taking itself out as an online payment processor. I am not sure how popular is SP auction - have never used it, nor will.
I am very curious what back room deals are being made regarding SP.
posted by JamesB at 9:00 AM
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