Smashwords and PayPal…

While the following issue doesn't currently affect me, I thought it might be wise to bring this up in case any of my readers are curious.  There are some opinions ahead, so ye be warned. Over the past few days, I've seen a number of blog entries and articles regarding PayPal and their directive toward Smashwords, and I'll get to that in a moment.  For those who are unfamiliar with the parties involved, PayPal is a company that allows payments and money transfers to be made through the internet.  They act as a third party so that the online merchant never sees your credit card or other payment information.  Most people associate it with eBay; obviously if you're buying something from an online auction, you don't want to give strangers your credit card information.  Many (if not most) other online retailers now accept PayPal as a system of payment, or even use it as their sole method of accepting payments.  Smashwords...
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