Comments on: PayPal Online Payment System Review

By: Marcus

Marcus — Fri, 20 Nov 2009 01:49:11 +0000

I was working on building a website and decided I would give PayPal a try since they will process credit card payments. I did two test runs to see how the transactions would process. The first time I got a fictitious email saying that someone was trying to access my account and to click on the link in the email to resolve the issue. That one was a phishing scam. The next time I tried internet explorer shut down because there was a possibility that malicious software was trying to download onto my computer. Needless to say I will have to find another alternative to PayPal.

By: Tia

Tia — Wed, 16 Sep 2009 15:21:10 +0000

Yes paypal is awful! I used to not think so until they recently let a buyer screw me over. I have a no returns policy (sorry, but it is in black and white on the auction before buying) and yet I buy insurance out of my pocket to guarantee against any damage in shipment. An item was damaged, the buyer told me how much it would cost to fix item, so I told her I would pay it…WITH proof of course. An estimate was all I needed to that I could claim it on the insurance. The buyer then threw a fit and filed a dispute with paypal. She won. Though I have my policy AND was willing to work with her so that she didn’t have any money out of pocket to get the item fixed. Now I’ve sent three different emails to paypal and all I get back are automated responses. NO ONE there will talk to me, no one will pay attention to their lack of seller protection. So now I’m out $500 because of paypal. Oh, and THEN the buyer starts to claim that she is willing to do anything so that I cannot claim the damages! So a vindictive lying b…buyer is the one that paypal helps, not the seller that has had a paypal account since they where FIRST online. Seriously.

By: Stewart?

Stewart? — Sun, 12 Jul 2009 20:15:42 +0000

Here are some facts about PayPal that you may all know, by now.

1) PayPal does not provide it’s Business Customers with any Credit Card Merchant ID’s, which in turn means that any Business using PayPal as the Card Processor, will not be able to contact American Express, Visa, and MasterCard, to verify billing and shipping information.

2) PayPal’s Confirmed addresses, are not always verified addresses, and can be checked out, by using any of the free tools on the Internet, such as Whitepages, proving that no such person ever lived at the given addres.

3) PayPal Merchants do not have the option to participate in the Verified by Visa, and MasterCard programs, thus hindering merchants from gaining an additional layer of security, which benefits Customer’s the same way as it does Merchants.

4) PayPal does not provide any information, when a Chargeback is received, unless, a Merchant pursues a Court Order/Subpoena, thus ensuring that most Merchants, will not pursue any legal action, especially if a Chargeback amounts to less than a couple of hundred dollars.

5) PayPal treats all chargebacks, the same, be it; Non-receipt, Received not as specified, or Unauthorized Charge, although an Unauthorized is something that no Merchant can fully protect themselves, no matter what measures are set in place.

6) PayPal does not include a Address Verification System tool as a standard free tool. Merchants have to pay an additional Monthly fee + Charge to each transaction,

Any Merchant, that feels that they were wronged, by any of the above mentioned issues, should contact their local and State Representatives.

By: Antoinette

Antoinette — Sun, 26 Apr 2009 04:58:01 +0000

Paypal is great for buyers..and paypal USED to be great for sellers.. someone stole a credit card and purchsed an item from me on ebay and boy did i suffer for that..they froze my account and held $700 from me for 6 months over the whole thing..even though I wasnt the one who stole the account.. so in the meantime i took my losses for that and opened another account and thought all was jolly..was selling my behind off sending everything out then for no reason 1 month after tallying up all the money in the account paypal freezes me again for no reason at all. try to call them and sometimes you get an american whos great and helps you out the other times get some foreign who cant even spell paypal let alone work for it. i hate they only allow you to withdraw $500 a month unless you do this or that…paypal has literally stolen over $2,000 from me, i am out my product i shipped and my money.. i truly hate paypal and it really sucks that they are the only site that works so well with ebay..boy do i wish someone made an alternative to paypal that was just like them without all the freezing like they are the IRS. man i can just imagine how much money they have stolen from there loyal customers..yeah so paypal sucks and any idiot who dosent think so than needs to see the kinda crap they are pulling on sellers these days.

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By: Henry

Henry — Tue, 22 Jul 2008 18:21:39 +0000

Valerie, having info on the Paypal site is secure – as secure as storing your credit card info on Amazon, though you’ve got to do stuff on your end like set up a firewall, anti-virus, anti-spyware, and the like. The main complaint people have about Paypal is that accounts get frozen, seemingly for no reason. This is actually a safety net to ensure that the site is secure by weeding out illegal activity, but innocent people have had their accounts frozen. This is not a rampant problem, however, and all the Paypal scare sites (Paypalsucks, Paypalwarning.com, Aboutpaypal.org) are set up to shill for another online payment provider. Basically, you should feel just fine using Paypal.

By: Valerie

Valerie — Tue, 22 Jul 2008 17:41:09 +0000

I have heard pretty good reviews about Paypal but is it really safe having an account online with all your information on it? I feel like it would be too public!

By: Eden

Eden — Mon, 21 Jul 2008 16:04:30 +0000

PayPal can be very handy and makes life easier when using Ebay. However, I am not a big fan of the negative issues with PayPal, therefore I try to never have more than a couple of hundred dollars in my PayPal account. I do like the cash back bonus for using the PayPal debit card and the small amount of interest you earn on your cash. Too risky to be a bank replacement or a place to keep lots of money though.

By: Ryan @ Smarter Wealth

Ryan @ Smarter Wealth — Mon, 21 Jul 2008 13:59:00 +0000

There is no site out there that is perfect, however PayPal comes pretty close. The fact that someone has a site out there bagging on PayPal is funny but sad. They do a really great job and have helped my business make some money.
As a struggling (I mean budding) entrepreneur they offer a great free service (though they charge you for your transactions with people).
I would recommend them to anyone and would shun anyone who was against them. As they would say on Charlie The Unicorn off Youtube
“Shun the non believer”
“Shun”
“Shunnnnnnnnn”