PayEnemy maybe?

Some people say cash isn’t just working anymore. There are just too many transactions occurring between and among people and contracts consummated despite the separation of the parties involved. These days, a person can purchase an item from a vendor located a thousand miles away thru the internet. A person can even work in one country for another person located in another country, with the other person exercising full control and supervision over the other despite the distance. Obviously, in these transactions where face to face interaction simply is not possible, the payment of cash by one party to another simply will not do it.

One way by which parties can consummate these transactions is thru PayPal. What is PayPal?

Wikipedia defines it as:

“PayPal is an e-commerce business allowing payments and money transfers to be made through the Internet. PayPal serves as an electronic alternative to traditional paper methods such as checks and money orders.

A PayPal account can be funded with an electronic debit from a bank account or by a credit card. The recipient of a PayPal transfer can either request a check from PayPal, establish their own PayPal deposit account or request a transfer to their bank account. PayPal is an example of a payment intermediary service that facilitates worldwide e-commerce.”

Recently however, PayPal has been receiving criticisms for the way they manage the money which passes on in their customers’ transactions. One of the biggest problems with PayPal is they can easily adjudge a transaction as dubious or doubtful. And what are the consequences of this? For instance, you decide to buy an item from Columbia, and so you send money thru PayPal. The people in charge of PayPal then may think that something illegal has been going on. So what do they do? Not only can they freeze the amount which you passed on in the course of transaction. They can pretty much suck out the money in that account. The worse part of it is that you have to complain and rely on the investigation by the people who have adjudged your transaction to be dubious in the first place.

And some people say cash is problematic…