Who uses PayPal is it safe easy to use ?

[David Maynard]

I cancelled my Paypal account when two sellers in a row ripped me off
by not sending what they sold. In both cases Paypal did not honour
their Buyer Protection Plan.

I suspect you over estimate what the terms of the buyer protection plan is.

The only thing Paypal guarantees is that they will get a cut of the
action.

They provide a funds transfer service but they don't guarantee the honor of
the seller or buyer.

 

[JH]

hey, I could sell you "common sense(TM)", it's 3rd hand but in great

It's overrated. A healthy dose of paranoia goes much further.

Wrong newsgroup. Sell it on Ebay and accept only paypal.

 

[JAD]

if it hasn't been said,,...have an account with the max that you think
you could do without if something ever goes wrong. be it credit card
with a ..let say,,.. 300$ limit or a bank account that you keep only
the amount of the purchase + bank monthly fees.

 

[Conor]

I started to sign up for a Pay Pal account, and aborted when they
wanted my bank account number. No way.

Why not? Paypal is a two way system, i.e you can receive money too.

Also, do you ever write cheques? THey have your bank account details
on.

 

[Conor]

Well, my impression was that they DEMANDED a bank account number even
though I had already supplied a credit card number.

Have you ever written a cheque (check for merkins)??

 

[hawk]

Conor, yes I write checks, but that doesn't give anyone permission to
withdraw any funds from my account. Pay Pal could easily set up
accounts where I deposit funds and they pay out of that account. But,
they want to be able to tap my bank account. That is just Pay Pal
doing what is easy, not what is secure and safe for their customers.

hawk

 

[flap flop]

Here's someone who writes about problems with PayPal:

http://www.tongkatali.org/aboutpaypal/paypal_locked.htm

Flip

 

[Andrew]

Here's someone who writes about problems with PayPal:

Just bear in mind that you will get scare stories for just about any
bank or financial institution, online or IRL, and Usenet isn't a good
place to look for a balanced number of positive experiences.

 

[Doug]

Be careful with PayPal -- I almost got scammed out of $800 selling a

Laptop on eBay. Somebody in Malaysia wanted to buy it, charged using their
credit card through PayPal. They wanted it shipped next day FedEx. I
almost shipped it, then I got an email from the REAL person on eBay saying
they never bid on it!!! The malaysian guy was a criminal, stole the eBay
user's ID and PayPal info. I would have been out the $800 since the buyer
was not a verified PayPal user-- shippping address did not match PayPal
verified address. PayPal works great, and you are protected, if you follow
the rules. Now I will never ship outside of the USA, and I will never ship
to any address that does not match the user's PayPal registered address.

I was burnt one time buying a notebook, by a dude down in Florida. I
reported it to the FBI Fraud Division and they miraculously, through a local
consumer protection agency, nailed the guy. Therefore, the fraud was
remedied and there was retribution. PayPal and eBay didn't do anything to
help.

 

[Shawn Barnhart]

I was burnt one time buying a notebook, by a dude down in Florida. I
reported it to the FBI Fraud Division and they miraculously, through a local
consumer protection agency, nailed the guy. Therefore, the fraud was
remedied and there was retribution. PayPal and eBay didn't do anything to
help.

Was there restitution or retribution? Restitution is where you get your
money back, retribution is where you get him alone in a room with a
metal-studded sap.

Justice is where you get both.

 

[hawk]

A letter to the Postmaster and the state Attorney General also do
wonders for getting deadbeats to pay attention.

hawk

 

[Phil]

They used to not require both credit card and bank account information,
you could give them either one and that was sufficient. But I believe
that for anyone signing up today, they do require both. I'm not sure of
that, but that's my impression.

When I signed up for paypal, (UK), they just needed credit card, (bank
details obviously if you want to withdraw funds to the account), and on the
ebay sellers sign up they wanted the credit card (again, after signing up
for the basic account with it), then a bank account as well!!!

Screw them, if they want their fees, then can let me pay with paypal, and if
they want verification they can use the credit card!!

 

[Andy]

Just bear in mind that you will get scare stories for just about any
bank or financial institution, online or IRL, and Usenet isn't a good
place to look for a balanced number of positive experiences.

True but Paypal are a non regulated financial institution. I have never had
problems with them but I never leave any money with them either.

To the OP For further reading the below are enlightening

http://www.ygoodman.com/paypal.asp
http://paypalsucks.com/
http://www.internationalterrorist.com/paypal.html
http://yro.slashdot.org/yro/04/05/18/0128201.shtml?tid=126&tid=153&tid=172&tid=93&tid=95&tid=99
http://www.gnutellanews.com/article/12148
http://www.tcj.com/messboard/ubb/Forum1/HTML/007500.html
http://seclists.org/lists/politech/2003/Mar/0040.html
http://dir.salon.com/tech/feature/2001/02/23/pay_pal/index.html
http://www.whatreallyhappened.com/paypal.html
http://www.aboutpaypal.org/
http://groups.yahoo.com/group/paypalperil/
http://www.outofthedark.com/CorporateWars/PayPal/index.html

etc etc try a google on anti paypal

I would recommend them to send money to the odd seller (assuming you can
trust them) as the banks are even bigger rip offs especially when it comes
to international transfers.

Just keep your money in a bank not in paypal

Andy

 

[Apple & PC]

I've used it since 1997. If someone knows of a better one let the group
know. :^)