Paypal is great, but I have been hearing some bad stories about it lately. Well, it's been going on for a long time, I just hadn't read about it. I love Paypal, and it is my favorite payment processor, but I don't know what to make of this site: http://www.paypalsucks.com It kind of scared me, but the things on that site might be lies. I'm not sure, but it never hurts to be too careful
Well there's a Bears Suck website too (bearsstillsuck.com) but that doesn't mean that the Bears suck! Actually I have heard of quite a few people that have been F'd by paypal.
Heard about it, haven't been affected by it. Happy that it is there Especially when you can buy stuff online, register domains and the like with it. No need to pull out credit card.
I haven't had any problems despite pretty regular use. It would be nice if Paypal had a viable competitor though...
Most of the stories I have heard are from shady deals people are in. Fraud is a real problem, why should paypal be liable if you or the other party pull the money back? Just be carefull with you associates and there should really be limited issues. I have been with Paypal for 5 years not and have never had an issue with them.
No problems after 500 plus transactions. You can't make everyone happy all the time, and only a few upset people can make alot of noise.
I have had problems with paypal. I signed up with a listing service and the service got regisered twice. now I didn't have enough in my paypal so they took the money from my checing account and caused me to loose about 200 in bounced check fees. I cleared it with the listing service but this cost me in end about 400. I have since learned my lesson. I started a special checking account for paypan and as soon as verified I drop the account. now they have recourse if this should happen again. I recomend this for all using paypal. if you should need to reverifie just open another account and do it again. I have herd many horror stories from owners of sites I design about them getting screwed to. So I would put validity in the site paypalsucks.com. and the bears suck too.!!!
I agree - many of the stories I've heard or read where people were supposedly "burned" by PayPal left me scratching my head saying - "Well, no wonder! You were running a scam". A lot of folks walk a very fine line - especially in regard to *adult* type products. Statistically, a few monkeys out of a few jillion are pretty good odds that you won't have a problem.
Love Paypal. Merchant side, their anti-fraud hands down beats any MC/Visa/Amex/Discover processing service. Paypal goes further then, "have the card holder's signiture acknowledging they bought the item?". Any of the other services, if you do not have the card holder's signiture, your only recourse is to charge up processing and paper fees and drop them into collections, small claims or both. Even that won't garantee you will get your money. Long story short, Paypal has saved me from being robbed probably around 800 - 1200 dollars. Easiest way to commit theft is to purchase online with a visa or mastercard followed by reporting a fraudalant charge after you receive your bill and *notice* something wrong. If the order comes with signiture confirmation sign another name other than your own or have someone else sign for it. If that company doesn't have the name that's on the card you paid with, that merchant is fucked. With Amex, you can file fraud several months after the incident. So if you think the money is in the bank, its questionable. Needless to say, want to be pissed at someone, be pissed at MC, Visa, Amex and Discover. Be pissed at any bank advertisement which glorifies reporting fraudulant charges to get their money back. People are rediculous and think its an acceptable method of getting a refund. I'm sure there have been ligitimate people who have been burned by Paypal just as there have been questionable people. Those cases were probably cases which they couldn't provide evidence of delivering the product/service to the customer when a chargeback was initiated.
There was this company, Greenzap, that popped up, and said they were going to be Paypal's real competitor. They are idiots. They have something called "WebCash" which is literally completely worthless. And then they say people will be able to pay mortgages and student loans with WebCash. It's so stupid...
Paypal is okay but I did get burned bad 3 years ago. I sold a customer in california 3 pallets of New Overstock merchandise for $499.00 pallet shipped.. I had the shipment arranged out of Texas.. The customer recieved the pallets and 2 weeks later contacted me to see if I would buy them back because he ran into some financial problems. I told him I could not do that.. He contacted paypal and they put a hold on the $400.00 I currently had in my account.. They locked my account and put it in dispute. He claimed he never recieved it.. I sent Paypal the bill of lading from the trucking company and there reply is We need a UPS Tracking number.. Well obviously I do not have UPS tracking number if I did not ship it UPS.. They would not accept the trucking bill of lading.. Needless to say to this day I cannot open a Paypal account until I pay them the remainder of the $1500.00. The customer got his money back from paypal and got to keep the product.. I refuse to pay them even though I did not read the fine print it is a matter of principal..
Why is it paypal's fault that you dont have a handle on your finances? They acted exactly as designed.
I've had very bad times with Paypal. My latest was probably a few months ago when I realised that something I had been selling had stopped working (I won't get into the technical stuff), but I was sending out my refunds, and once I sent out 50 refunds, my account was limited. I wasn't able to send, accept, or even refund money to people. I run several things through my Paypal. Infact, Paypal is the only way I get money sadly. I pay hosting fees, I run friends websites, and I'm always paying a web designer for something or other. When they told me that my account would be limited for at least 2 weeks I didn't know whether to laugh or cry. Those were probably the worse 2 weeks of this year. I couldn't do anything and had to explain to about 100 people I couldn't send them money because I sent 50 refunds within 48 hours, which according to Paypal is 'Suspicious Behaviour' - if you ask me, surely sending refunds is anything but suspicious? Either way, Paypal sucks but we're stuck with it for now. Has anyone tried to send an email to their support? You click through 2938 menus, then you spend a while typing out an email. You wait about 8 days for a reply, which is a template, the only thing which has changed is the support persons name. All they do is offer you a selection of links, and then ask if they can help you further, you email them again and they do exactly the same thing after another 6 days. It's bloody hopeless. Bring on Google Wallet!
Blah Paypal sucks Blah Blah Blah FFS I've been with PP for 5 years and it ROCKS! It's a big organisation run by another big organisation there is going to be problems.. Stop it with the PayPal BS .... and who are the bears?
Cause Chicago Bears! I'm to up on US sports, but I do watch baseball, and keep a look out for the cubbies results!
paypal sucks, i have been burned by them 3 times and i wont waste my typing telling the story, nobody cares anyway. point is they suck and they treat your bank account like their own personal piggiebak. i CANT WAIT till google knocks em off their high horse, fuck paypal. http://www.google.com/search?hl=en&lr=&q=pay+pal+sucks&btnG=Search over a million results for "pay pal sucks" 750,000 for "paypal sucks" oh yea, the customer support is a joke. they are ALWAYS rude with VERY long hold times :30+ one time, i was on the phone with customer support, they wouldnt release money to me because i did not have a cable or phone bill with my name on it with my current addy. the drivers license photocopy and S.S. photo copy wasnt good enough. the lady on the phone told me i was a liar, she called me a "LIAR", because i didnt have proof of my addy on a fucking phonebill or cable bill.. im sorry but thats unacceptable. i actually had to get the cable switched into my name to get my money from paypal, OH MY. sorry i couldnt resist atleast one of my stories. plus this situation involved over 5 phone calls over a two week period.