Hacker News new | comments | show | ask | jobs | submit login

This can happen with Australian banks. However, the process used by Paypal to clear funds to Australian banks (known as the Direct Entry Payment System) is actually easily blockable at the bank level (ie, you can tell the bank to block all future direct debits from an individual merchant, assuming either they've already done it once, or you know their Direct Entry Code). Blocking it in this way won't even cause fees at your bank, although it might with Paypal...

I should know - I do this for customers at my bank every day. I'm not sure, however, whether this would also stop Paypal paying money into the account. I'm fairly certain not, but I've never had to stop someone paying money into an account before...




Guidelines | FAQ | Support | API | Security | Lists | Bookmarklet | DMCA | Apply to YC | Contact

Search: