>> Paypal provides an effective dispute resolution process and enables customers to pay for stuff by explicitly authorizing a payment and without giving away their payment info to unknown third-parties.
> I once saw a pdf which listed all the third parties that PayPal shares its information with. It was more than 30 pages.
What kind of info do they share with those third parties?
I think the GP's point stands, since the "unknown third-part[y]" that customers are usually most concerned about is the merchant, which Paypal definitely doesn't share payment info with (like CC numbers).
Offtopic: PayPal shares more than we think it does. I've had issues where certain merchants asked me to confirm identity by sending copy of utility bill for address I had on PayPal account. I thought my address is private so sent a bill for my siblings house where I also paid the bills for internet, but they reported that address is not same with PayPal, so I argued a bit but eventually had to send one for correct address. I think that, PayPal doesn't share CVV but merchants can view all personal info attached to my PayPal account.
That doesn't seem too weird to me. Wouldn't most merchants necessarily have your address in order to provide services to you (shipping would definitely require it, for instance).
In the interest of giving PayPal some potential benefit of doubt, it could be that they're simply returns a match/no-match on the address as a fraud-reduction step or something.
> I once saw a pdf which listed all the third parties that PayPal shares its information with.
It's immatetial how much data paypal shares around. What's important is that I can share my CC with paypal and use paypal to buy stuff from any store that accepts it, and the risk of my CC data ending up in the private stash of any random CC fraudster is so low that such a thing is practically unthinkable.
When my mom’s small business would receive a chargeback from her merchant bank, they would send her the ENTIRE customer’s card statement for the month in question. By email.
> I once saw a pdf which listed all the third parties that PayPal shares its information with. It was more than 30 pages.
What kind of info do they share with those third parties?
I think the GP's point stands, since the "unknown third-part[y]" that customers are usually most concerned about is the merchant, which Paypal definitely doesn't share payment info with (like CC numbers).