Comments on: Don’t Use PayPal

By: indu_erandaka

indu_erandaka — Thu, 15 Sep 2011 04:26:04 +0000

Dear readers,
I did a AUS550.00 worth transaction through the ebay-paypal combination. But I didn’t receive my item. I opened a case at PayPal. After about 1 month period they said, the seller has proved the accuracy of the transaction and and they can do nothing about that. Further they have asked me to take security precautions before buy an item. Finally I lost my money. Eventhough they are shouting about the buyer’s protection policy, they do nothing when something happend. Always they take the seller’s side because of their income. So you better do not risk your money by doing transactions through the PayPal.
indu_erandaka

By: Go2Worldpay

Go2Worldpay — Wed, 08 Jun 2011 15:55:29 +0000

I strongly disagree that your CC is saver with PayPal because I had a new CC and never used it at all and there was no way that anyone would of found my CC and used it. BUT after one week of using my CC with PayPal on eBay and one other website I had 8 PayPal transactions form my bank account from PayPal. These were not fees or anything but things goods and services. After having enough problems with PayPal & eBay I no longer use them and I suggest you do the same. Do keep in mind that it is only a matter of time before you get scammed by them. I thought it would never happen to me because of the their protection but I was so wrong. PayPal done nothing and I had to report this to my banks to get my money back

So no I have a small business I will shell out the set & monthly fees with Worldpay as at the end of the day the fees work out to be the less and I don’t get scammed. I was also thinking about using Google checkout but I must admit I am not to sure after reading the above comments as they could be another PayPal in the making.

By: Paypal Blows

Paypal Blows — Sat, 04 Jun 2011 16:05:34 +0000

I love the information you have here.

By: Amos

Amos — Tue, 08 Jun 2010 22:04:58 +0000

What makes you think that your CC info is any safer with PayPal ? And yes, I agree with ‘Nerd’. You don’t want to add more complexity to your billing process, especially if something goes wrong. PayPal is just a middle-man company out for a buck. If you can, avoid it. There’s always risk using your credit card online… that will never change.

By: fuckpaypal

fuckpaypal — Thu, 19 Feb 2009 00:00:34 +0000

fuck paypal

By: Peter

Peter — Wed, 07 May 2008 23:17:08 +0000

One reason for using paypal or an equivalent is to cut down on the number of companies that hold my credit card details. If I buy stuff from ten different websites then ten different companies now hold my credit card details and it only takes one to have lax security for my credit card details to be compromised. When you read the on-line security policies of some companies all they talk about is using 128 bit ssl certs,
so while they may have a good website for show casing their products they obviously have a poor grasp of security. So rather than miss out on those products I’ll trust my credit card details to paypal or google as they are huge companies that would be finished by a credit card database breach.
The extra fees that paypal / google charge the merchant as a middle man would be covered by the savings the merchant could make by not worrying so much about the security side of dealing with credit cards.
I hadn’t considered the issue of credit card purchase protection ( does this count with debit cards) but on reflection I’d rather an item didn’t arrive than have to worry about I.D. fraud due to my details being in a compromised database at some small web shop.

By: nerd.

nerd. — Tue, 22 Jan 2008 21:56:43 +0000

I’m not an expert but “don’t know what I’m talking about” is a bit harsh when your own rationale is so simplistic.

Yes, merchants have to pay fees to receive credit card payments, but for high-volume traders these are much, much lower than PayPal fees (50p per transaction on debit cards I believe, compared with about 2.4% on PayPal). I’d imagine, though could be wrong, that PayPal have to pay the same fees to the card companies and then add their own margin on top – hence there’s an extra middle man. I suppose PayPal could act as their own merchant (or maybe not, I’m not quite sure) but either way their fees are much higher and those fees will be passed on from the seller to the consumer whether transparently or not.

Also, as regards chargebacks, PayPal can dispute the charge back and you’re not protected by law the way you are with credit cards and you don’t have the courts for recompense. Also, PayPal’s dispute system is awful – they apply their own rules rigidly regardless of who is actually in the right or wrong. That and they do everything they can to avoid actually having to manually intervene in disputes – that I can say from personal experience.

By: Insider

Insider — Tue, 22 Jan 2008 19:23:03 +0000

You don’t know what you are talking about, do you?
Merchants have to pay fees for receiving CC payments too. So it doesn’t make a big difference for them if they pay the fees to PayPal. And if you make a PayPal-payment by CC, it doesn’t affect your right to make a chargeback. You can of course make a chargeback, PayPal will then try to fight it (on behalf of the seller), if the seller can provide proof of delivery. In case the chargeback case is lost, then the seller looses the money. Not PayPal! So there’s no reason for you to tell other people not to pay by PayPal. It’s a safe and easy way to pay for goods you buy online.

By: Phil

Phil — Thu, 17 Jan 2008 12:18:08 +0000

I used google checkout about two months ago (hadnt neard of it until then) to buy a new HD from dabs. Saved Â£5 in doing so. But you make good points.