posted on October 31, 2000 02:46:49 PM new
A new pay service was launched today. Like MoneyZap and eMoneyMail the sender will pay the tab. Bottom line from a news article is it will be free for 3 months then a $2.00 per transaction goes into effect.
posted on October 31, 2000 03:51:07 PM new
This looks great. Thanks for the information!
I thing bothers me and that is giving my Social Security Number to anyone. I don't
remember any other service asking for that
bit of information. Or am I just forgetful?
posted on October 31, 2000 04:10:48 PM newI thing bothers me and that is giving my Social Security Number to anyone.
I give out my social security so quick I don't even remember who I've given it to. I'm fairly certain that BillPoint required my SS#, x.com required it, seem like a few others require it. It doesn't alarm me so I don't remember it, I guard it as much as I'd guard my middle name.
posted on October 31, 2000 06:54:24 PM new
I looked at c2it.com and I think I'll pass.
1st It isn't going to do me any good to have an account if I'm the only one.
2nd There are some terms in the TOS that I don't like. One in particular is the way they deal with sending money to someone that doesn't have an account or you enter the wrong email address.
9. You have the right to cancel a Send Cash request at any time by telephoning us at 800-200-3881 as long as the recipient has not yet picked up the money. If you successfully cancel a Send Cash request, c2it will send you a check for the amount of the canceled transaction. However, Transaction Fees assessed will not be refunded if you choose to cancel a Send Cash request"
I don't see them with a future with some of their terms at present... that's a sample.
posted on November 5, 2000 08:54:50 AM new
I know there's a whole bunch of you unhappy with PayPal. I haven't had any problems with them so far.
But, I'm a Citibank customer regularly, so I thought I'd check out the c2it service. Make sure you read the terms and conditions of service before you sign up. I think they're really onerous. There's not a chance I'll sign up.
You're right on the money with the SSN deal. People have a huge hangup about giving it out. But it is rediculously easy for a crook to find. A fast search on the web is all it takes.
There are much more damaging pieces of information that people hand out without a second thought. Makes ya wonder...
posted on November 10, 2000 05:42:16 PM new
An update on c2it.com, Citibank's attempt at an internet payment service. In short, an old economy company's attempt to break into the new economy using old economy processes: I signed up recently and have come to realize that the firm has a very convoluted way of operating its service. When I tried to add a bank account I received a message that said they would have to verify my address and identity. Fair enough but like the rest they will not allow you to deposit money into an account until verified. STRIKE 1. A few days later I received a letter requesting a copy of my most recent telephone bill displaying my name address and telephone number. STRIKE 2: They have not considered the possibility that I use an internet bill presentment service (e.g., paytrust) so my billing address on my phone bill is not my home address. So instead of adding a checking account, I simply add a debit card to the system and instruct them to apply a credit to my debit card from the recent email payment I received through c2it. Get this, after 5 days I called wondering why the money was not in my checking account yet (should take about 2 days) and I was informed that they don't have an electronic link to the debit card system so they have to send a manual check to my bank. I'm sorry but I thought one of the objectives of these systems was speed of payment. The person could have just sent me a check and it would have been faster. STRIKE 3: I shake my head. This is worse than the old economy.
