Hi, Like other users of rcuniverse.com that will be affected from the proposed $5 fee to keep out scammers and deter fraudulent listings I have an idea that might work. Instead of charging a fee just require them to post a bank account preferably and have them transfer or pay 1.00 to rcuniverse and then rcuniverse will make 2-3 different deposits to the bank account and the user has to input the exact $ ammount of each of the 3 deposits to have their account validated. This is just exactly what paypal does, except paypal gives u the cents free, this way you do not charge anything and can verify the ID. I would recommend doing it by bank account as I have been scammed with users having fraudent accounts. Also that paypal does not require proper ID nor nothing just a bank account and a credit card, and with the ammount of Identity theft going on this days it can be fairly said that a scammer could have a fraudulent paypal account while doing it via a bank account is much more secure and personal.

Att. Andrew

good idea but we would prefer not to get involved in checking account linking and ACH debits and credits. doing this would require additional infrastructure, programming, software, expense and additional security risk issues. Remember paypal is enormous in scale compared to RCU and can justify this process. they will be making fees off of you after you validate most likely. RCU on the other hand is unlikely to generate any fees due to its open model and cannot offset the expenses that would be incurred by creating and implementing such a process as proposed.

We still have not implemented the $5 a year method either. this was just something we suggested to members to help protect them. they voted agains the $5 which is really a vote in "trade more at your own risk" avenue.

Ah ok. Well instead of 5 a year how about $5 lifetime. I would do that but not a year.

Att. Andrew

sorry..it was a one time $5 fee we did intend. not annual. thus as you say it is "lifetime"

Sorry but the Survey states $5 per year not 1 time fee. http://www.rcuniverse.com/quizzes/ta....cfm?quizid=26 Here is what it says:

Would you pay $5.00 per year for the privilege to buy and sell in the RCU market?
A) Yes because the $5.00 would prevent scammers from freely entering the market, making offers and posting fraudulent listings.
B) Yes because having to provide a credit card or PayPal information will deter would-be fraudsters from transacting business in the market.
C) No, $5.00 per year is too much money. I'll take my chances.
D) No, I don't have a credit card or a PayPal account and won't get one to trade on RCU
E) A & B above
F) C & D above

$5 per year not one time.