Yeah I agree, I get the idea, but it is misleading in the limited situations where the item hasnt arrived yet the payment goes through. There are ways to tweak it, if the intent is to hold payment until delivery - like a 'hold payment' option or something. But obviously, it doesnt matter anymore. Which I do think its unfortunate because I thought it was an excellent feature and I think it increased my purchasing quite a bit - I dont have any real facts to check - but I would guess maybe even by 50%? I definitely know I am much more likely to buy something when know I am not paying for it immediately, whereas if the money is coming out right now I will probably think 'nah, I dont really need it that bad...' I am curious why they nixed it though, I seriously doubt its from complaints about the reductions to 10 days for domestic purchases. And I dont think its to 'improve my PP experience'... hahaha. I think its probably due to one or two reasons; A) too many 'defaults' where people 'float' the payment (like the old days with checks) and then cant cover their purchases; or B) The cost for loaning that money to everyone for up to 14 days was too expensive? I dont know, those are just my guess and are probably way off base.... Either way I think its a bummer. 2¢
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