Do you trust Paypal to hold and handle your money?
There are so many lawsuits against Paypal from small online business owners, what do you think? http://youtu.be/4vYh9c1y3sc
Only little amounts. It is a middle man from my view point, nothing else.
I've been using PayPal for two years now and I haven't encountered any problems. As a matter of fact, someone sent me a scam claiming to be PayPal. I notified them about the scam and they took care of it immediately.
When it comes to money in any matter, problems can arise. That's why you just have to monitor your funds carefully; stay on top of it.
I've been a customer of Paypal both for business and personal for at least 10 years. I've never had an issue with transactions and the fees between transferring from Paypal to a local account have been $0. I once lodged a complaint regarding the non delivery of a gift card via email for my Nephew's birthday, which I paid using my Paypal account. It was through a large gaming company who never responded to either my personal complaints directly to them or to Paypal. I received a complete refund following the due process.
So, yes. I trust them But as penlady points out, be aware of hoax emails etc.
And like Iburmaster, I don't keep large amounts on Paypal, however I feel much safer making a transaction through paypal that will use either my savings or credit card details then I do putting in my CC details directly to a system run by an online retailer.
Base on its new way of buying online products without sharing your account information to anyone, I guess Paypal can be trusted. But you still need to become more careful when making transactions via internet that involves money.
by skyfire 14 years ago
From march 2011 you can't use paypal to store your squidoo or affiliate earnings to spend online. You can't use paypal(India) account to receive earnings more than 500$. In short all your online transactions will be from credit/debit card and no account balance....
by Cardia 10 years ago
I'm thinking of opening a Paypal account so that I can sign up for the Hubpages Earning Program, as well as doing some artwork commissions from online. However, I just want to hear some feedback from people who have/had Paypal accounts. Was it worth opening?Also I was wondering if it'd make any...
by silentsapphire 13 years ago
I offer writing services and I am losing a lot of money on paypal. For example when I get paid $20 for 3 articles I actually get $18.92 and the rest is towards paypal fees. This amount adds up to a lot of money at the end of the month. I know you have to pay paypal fees to use it, but is there...
by Wesman Todd Shaw 13 years ago
This morning I got a overtly scam filled email ostensibly from pay pal.It started with a threat - "you must confirm your account before we delete it,"...then, as if I'm retarded, it said, "don't show this link to any body."The email was from "service@paypel.com"PLEASE...
by Rajesh Arora 12 years ago
Where can I open a free bank account online to get paypal payments and a debit card to get the...Where can I open a free bank account online to get paypal payments and a debit card to get the money out?
by David 470 12 years ago
I received my Tax forms last year. But this year I have not received any from HubPages.
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