Is paypal reliable?

by kb24 40 replies
Those of you using paypal are they trustworthy/reliable to use? Doing IM the "free" way is not working out for me..
#main internet marketing discussion forum #paypal #reliable
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  • Profile picture of the author mainstreetcm
    Originally Posted by kb24 View Post

    Those of you using paypal are they trustworthy/reliable to use? Doing IM the "free" way is not working out for me..
    I have found PayPal to be nothing but a spectacular experience. They did recently limit my account, but a quick fax of all the required documents and I was back on track. Just went from premier to a business account and I am looking forward to building my business with them as my payment processor.

    Naturally there are some horror stories, but I believe a majority of people find them a great payment partner.
  • Profile picture of the author Peter Mai
    Yes paypal is great. You can make payments without ever revealing your bank details or credit card. It's pretty much the service that stands in between you and whoever your paying to protect your private details.
  • Profile picture of the author Kezz
    PayPal is a very important part of my own business but I certainly would not consider them "reliable" and nor should anyone.

    Even if you've never had any issue with them yourself, the many hundreds of thousands of horror stories out there should make it completely clear that it could happen to you at any time.

    So the moral of the story is to have a backup plan. I use PayPal all the time but I also have accounts with PayMate and Moneybookers.

    So if PayPal goes on the fritz for me for any reason I just reach over to one of my other baskets of eggs.

    Your income is not something to take chances with.
    • Profile picture of the author Cracker
      Originally Posted by Kezz View Post


      So the moral of the story is to have a backup plan. I use PayPal all the time but I also have accounts with PayMate and Moneybookers.

      So if PayPal goes on the fritz for me for any reason I just reach over to one of my other baskets of eggs.

      Your income is not something to take chances with.
      Was looking for an Paypal alternative, now I have two choices, thanks for pointing out the options.
    • Profile picture of the author tyroneshum
      Originally Posted by Kezz View Post

      PayPal is a very important part of my own business but I certainly would not consider them "reliable" and nor should anyone.

      Even if you've never had any issue with them yourself, the many hundreds of thousands of horror stories out there should make it completely clear that it could happen to you at any time.

      So the moral of the story is to have a backup plan. I use PayPal all the time but I also have accounts with PayMate and Moneybookers.

      So if PayPal goes on the fritz for me for any reason I just reach over to one of my other baskets of eggs.

      Your income is not something to take chances with.
      PayPal is one convenient way for me to do Mass Payment and reduce rates when paying outsourcers. Though, that's also true Kezz. Backing up is always part of my Plan Bs so whatever weird that might happen, I will not have to worry if I'd lose some.
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  • Profile picture of the author John Atkins
    Great service & great, quick support - at least for those who have a business
    account.
    • Profile picture of the author mainstreetcm
      Originally Posted by IM Headlines View Post

      Great service & great, quick support - at least for those who have a business
      account.
      This is good to know as I've just upgraded. I also like the fact that I can get a paypal debit card and have access to cash from an ATM immediately. But I think you can get that with a premier account as well...
  • Profile picture of the author wariya
    Almost a decade with Paypal, I've never had any bad experience.
    For me I think Paypal is very reliable.
    So far, no problem. Hopefully, in the future no problem too.
  • Profile picture of the author Peter Mai
    Originally Posted by Thomas Lucas View Post

    I just read another thread about someone who paid using paypal and got scammed. He purchased an ad campaign, but the advertiser never followed through. His biggest mistake was to open a dispute on paypal, then close it when the advertiser reassured him. Once he closed the dispute it was easy to take advantage of him. So watch out for people that may try to manipulate the policies. In terms of data security (credit card info...) on the other hand, I'd say its very safe.
    I just read that same thread too, kind of silly of the guy to close the dispute before seeing any results though
  • Profile picture of the author GrantFreeman
    I don't think any payment processor is reliable.. enough for being exclusive.

    If you use paypal and plan to have a big product launch, have a backup provider in case they get their head up their butt again.

    Same with other options. Always a good thing to have a plan B in case plan A goes south.

    Grant
  • Profile picture of the author PPC-Coach
    I have put literally millions of dollars through mine without issue.

    (knock on wood).

    You never hear the good stories, only the bad stuff.
  • Profile picture of the author obseerver
    Banned
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  • Profile picture of the author Silas Hart
    PayPal "works" - just make sure you have a backup, as with most things in life.

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