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Is Paypal Unbeatable? What is Your Opinion

by jideofor
8 replies
I don't think this is not possible to remove paypal from her current position as the epayment giant.

Paypal has become the god of it all and some how people use them as a yard stick to measure who is a high risk and who is not which,in my perspective, is an illogical approach to judge.

My country is not accepted and I wouldn't bother about them either. What about you who has the priviledge to use paypal, are you safe?

I see a lot of people whose country is listed cry foul this day and i had to ask myself,who is high risk and who is not.
A lot of people will have their account frozen sooner or later .Whether you are allowed to use paypal is not a GUARANTEE that you won't have an issue with them.

What does paypal do with the frozen money? That should be questioned with a big '?'

The only thing I see is a display of arrogance that comes with a monopolized market. I have seen companies who control a larger share of the market do this and paypal is not an exception.

If any company would compete paypal and aggressively find their WEAK POINT soon paypal will be shaking on its legs. GOOGLE VS facebook for instance, what do you see?

IT MAY Be HARD BUT NOT IMPOSSIBLE.
#opinion #paypal #unbeatable
  • Profile picture of the author davejug1
    The thing with Paypal is that is is a necessary requirement for having an Ebay account. Taking down one site is one thing, but taking down two is much harder.

    They protect the Ebay brand much more that Paypals and the Ebay brand will roll on taking paypal with it.

    To take down paypal, you have to take down Ebay.
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  • Profile picture of the author jideofor
    i still believe that it is possible either way. it can be done except their competitors are just trying to play it cool. it can be done. i really want some competition with them.
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  • Profile picture of the author crystalDMP
    As for some frozen accounts, they will be released after a certain period of time, but I did not know they will lay their hands on the money in the accounts?
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    • Profile picture of the author andreasnrb
      Originally Posted by crystalDMP View Post

      As for some frozen accounts, they will be released after a certain period of time, but I did not know they will lay their hands on the money in the accounts?
      They take the interest. Its not like they have they money in separate accounts for each customer. Most likely the money is invested in various interest account or shared equity funds or whatever the English term is. Then it sits there generating revenue and combined with the fees generating them a healthy profit.
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  • Profile picture of the author RayWhittaker
    I read recently on one of the forums that Amazon has a rival payment system to PayPal. I've never used it and don't know what it's like but they should be big enough to take on any anyone. Maybe we'll see a payment processor clash of the titans!
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    • Profile picture of the author Gdetonator
      Originally Posted by RayWhittaker View Post

      I read recently on one of the forums that Amazon has a rival payment system to PayPal. I've never used it and don't know what it's like but they should be big enough to take on any anyone. Maybe we'll see a payment processor clash of the titans!
      I'm really looking forward to this, PayPal is very arrogant, even though I use them, I'm always afraid of what happens next each time I log into my account.
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  • Profile picture of the author globalbusiness999
    It's not beatable but the main thing with paypal is that it is arrogant in some critical issues.Many people faced a problem with it in ebay issues.
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  • Profile picture of the author jideofor
    It is beatable. If you don't believe it, well I wouldn't force you to.
    Another thing I read somewhere is that paypal is into politic support with top American Goverment officials but don't know if it is true though and I believe that is why you could hadly hear anyone whose paypal account has been frozen say that they sued paypal for any reason.
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