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I have been using PayPal since the beginning and have never had a problem with them. Payments are fast, transfers are almost instant, and customers love it.

BUT, do you trust PayPal 100%? Like.. to the point that you'd trust a bank (not that banks should be trusted either O.o)
  • Profile picture of the author bravo75
    No way do I trust Paypal. I had murder with them last year trying to withdraw around $9000 to my bank account. Took me about 4 months. Their reason? I relocated from Canada to Spain.
    They just couldn't get their head around it. I sent them every piece of paperwork I had and they were still giving me the run around.

    Here's a link that might interest you.

    http://www.paypalsucks.com/
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    • Profile picture of the author seasoned
      Originally Posted by bravo75 View Post

      No way do I trust Paypal. I had murder with them last year trying to withdraw around $9000 to my bank account. Took me about 4 months. Their reason? I relocated from Canada to Spain.
      They just couldn't get their head around it. I sent them every piece of paperwork I had and they were still giving me the run around.

      Here's a link that might interest you.

      PayPal Complaints, PayPal Customer Service & eBay Suspension Complaints
      This WORLD is WEIRD! NOBODY seems to understand that I travel a LOT! Trying to buy stuff online, etc... is HARD! I once had to DRIVE from one state to another because the idiots couldn't get it through their heads!

      Then again, the airports NEVER got it through their heads that most people there are TRAVELING!!!!!! DUH! And a fair number of them have BAGS! DUH! And yet it is the most dangerous and unsafe place to be if you are traveling!

      1. Restaurants pack things poorly, and it may require use of BOTH hands!
      2. Bathroom stalls are small, and have HIGH skirts to make it easy for thieves to steal your stuff!
      3. They have HIGH chairs at restaurants with small tables to make it VERY difficult to keep your stuff safe.

      etc...

      Steve
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  • Profile picture of the author wirelessgeek
    I'd say I trust Paypal about as much as I trust anything online. Which is to say, not entirely 100% because I know it CAN be hacked or there might be a hiccup in the system that wipes out the money I have in the account. I have heard about them giving people BS about stuff too. All I can say is, do not trust Paypal with large sums of money, do not rely on it to "hold" your funds, and only log in if you are actually going to do something with the money in your account.
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  • Profile picture of the author Sheryl Polomka
    No - I don't trust Paypal at all. I've had my bad experience with them and that was enough to lose all trust in them. I certainly wouldn't rely on them as my payment processor for my business.
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  • Profile picture of the author JustinDupre
    Since PayPal isn't really a bank then your money isn't insured. Just keep this in mind when you have a large amount in your account. Their service however is pretty good and efficient.
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  • Profile picture of the author DSepanik
    You really dont have a choice.
    As soon as I started getting some payments to my account they put a 21 day hold on my money for no reason, and it was never lifted. I try not to leave a large balance in my account. I have read many stories about bad experiences with paypal. If it is your only source of payments, be careful!
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  • Profile picture of the author KateStevensB
    Oh my... this thread gives me the creeps... I have been using Paypal for many years now and I do not have any problem with it. But now, I am kinda worried about my account. What other sites can we use aside from Paypal?
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  • Profile picture of the author nehadas87
    Banned
    [DELETED]
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    • Profile picture of the author Fields
      Maybe I sound old-fashioned, but I have never believed these systems, PayPal or any other. I don't feel secure in the Internet, so I still prefer cash and credit cards.
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  • Profile picture of the author manderson84
    PayPal is secure and has best customer service i have ever seen.
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  • Profile picture of the author John Durham
    I dont completely trust anyone that would gladly process $100,000 worth of your money but wont give you a virtual terminal because you had a car repossessed 10 years ago...

    Talk about fair weather friends...
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    • Profile picture of the author WajeehBJ
      there is not doubt about the services of paypal. Long live paypal.
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  • Profile picture of the author sloanjim
    ^^ Looks like a few paypal employees have chimed in here! ^^

    Trust them? NO WAY! They are like most big corporations..they'll do what's best for them.
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  • Profile picture of the author Paleochora
    Originally Posted by Justin Lewis View Post

    BUT, do you trust PayPal 100%?
    Nope. You gotta be kiddin'
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  • Profile picture of the author pappymammy
    It is really tempting to view Paypal as the ultimate payment solution when you're starting out with your business. It's easy. It's quick and everybody uses it, or so it seems.
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  • Profile picture of the author evawj
    its worked me
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  • Profile picture of the author Mellin
    I've been using them for years and I've never had any problems.
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  • Profile picture of the author thunderbird
    Trust Paypal? No. The good news is Paypal will soon be inundated with competition and its heyday will soon be but a quaint memory.
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  • Profile picture of the author Trenwith87
    Paypal is best and have secure internet transaction system. Paypal transactions charges are very cheap.
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  • Profile picture of the author KingKuba
    Trust enough to use it but would never keep a huge balance in there for a long time.
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  • Profile picture of the author Somali
    I trust paypal more than other payment processor online..
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  • Profile picture of the author bob100
    I run about 2k though paypal every month (for the last 8 yrs) and never had an issue but some time soon I'll probably spike that up if I run a few WSO's. I have heard horror stories about paypal so, no, I don't trust them 100%. if they are willing to screw others then they could do it to me also.
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  • Profile picture of the author kamalveerbest
    Yes, paypal is best and secure, i always trust paypal for transfer money worldwide.
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  • Profile picture of the author PromoDirect
    What other choices do we have if we don't trust PayPal?
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  • Its good but lots of new rules to follow, it makes some difficulties in between.
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  • Profile picture of the author Pludoh
    Well I had an account when I was 13 (that was 8 years ago) being stupid trying to make money via paypal. I made around $50 and got my account suspended. I tried contacting them but never got a response.

    My account was frozen and I never saw the money

    I guess it's understandable, you do need to be 18 to have an account.

    However, I have been using paypal since for the past 3 years with no problems, in fact their support staff is very helpful.
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  • Profile picture of the author stephngreek
    Of course, paypal is safe and best.
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  • Profile picture of the author shantanu
    I trust paypal but in delhi state (India) it sucks but in Mumbai State (India) it really rocks.......
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  • Profile picture of the author JingQuimPo
    I also never had any problems with Paypal. But I guess if your Paypal money goes from zero to $500k in just days, Paypal will take notice.
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  • I trust pay pal more than anything else that offers similar services online
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    • Profile picture of the author thinkforwrite
      I think Paypal is safe, I can trust on it but usually I use Master card to make payments.
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  • Profile picture of the author jak jacki
    Of course, i trust pay pal.........
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  • Profile picture of the author Chris Worner
    I trust PayPal as far as I can throw them.

    -Chris
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  • Profile picture of the author Riggs
    I've used them for many years and never had a problem. But do I trust them? NO. I withdraw my balance at every chance I get. They've built themselves a pretty strong reputation for having diabolic procedures and unhappy customers.
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    • Profile picture of the author manny1
      Originally Posted by Riggs View Post

      I've used them for many years and never had a problem. But do I trust them? NO. I withdraw my balance at every chance I get. They've built themselves a pretty strong reputation for having diabolic procedures and unhappy customers.
      Agree completely.

      The way I view Paypal, with their spurious chargeback policies, is like this: any money you receive through them might be frozen or charged back. Yes, you can usually jump through some hoops to get it back - but not always. Accept the risk that whatever you are selling, you run the risk of giving one of them away now and again. If you sell $5 widgets, you can stand the odd "item not received" claim and not care. If you sell items at $300 a time, you will be mighty p!ssed when they start freezing one transaction in every 100 for "security reviews" or some other BS.
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  • Profile picture of the author Discipled27
    We need to keep an active eye on our accounts. I agree with many that they are not a bank, but a money processor. So I will be keeping a very close interest in protecting myself. They may not have (in our eyes) the right to freeze our monies, but the thing is try to stop them. From what I hear it is very difficult to communicate with them.
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  • Profile picture of the author Jiwan
    i ONLY TRUST PAYPAL WHEN I HAD NO OTHER OPTION...OTHERWISE BIG NO...!!!
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  • Profile picture of the author Thomas Wilkinson
    Paypal gets a bit easier to use when you have an LLC with an EIN, verifiable physical address, etc. I keep about a 10% running balance in there to account for refunds (3 in 4 years) and to operate the business. Still, I am very happy that about half of the money I make online is a direct deposit from Amazon and a couple of other smaller venues and never goes near Paypal. Interesting item on CNBC the other day. Analyst mentioned that Paypal was worth more than the market cap of Ebay. That means if Ebay shut down the stock would actually go up. How big does it have to get before we see some real regulation?

    Thomas
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    When you hear someone telling you what YOU can't do, they are usually talking about what THEY can't do.
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  • Profile picture of the author Thomas Wilkinson
    ..........
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    When you hear someone telling you what YOU can't do, they are usually talking about what THEY can't do.
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  • Profile picture of the author kitsonchen
    I don't trust paypal all the time.
    But they always provide good services.
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  • Profile picture of the author uncmonk500
    Paypal suck, they closed my account for no reason and then i spent hours on the phone trying to talk to them...*******s!
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