DELETE

[Anttwerrp]

I have a paypal account but I haven't used it yet. I have heard many bad things about. So I would like to hear from ya'll about what you think about paypal. example...How safe is it?(from people getting my bank stuff)

 

[GeneValgene]

pros in my opinion are that it is safe and easy to use. and it's free to send money to people!

cons are the fees for receiving credit card funds from someone else.

 

[Legendary]

Cons are tech support and the ability for anyone to take their money back from you.

 

[Skel]

The only con I have with them is I spend too much on the FS/FT forums....

 

[FoBoT]

what is up with the poll?
it isn't responding normally

 

[eplebnista]

Originally posted by: Skel
The only con I have with them is I spend too much on the FS/FT forums....

 

[RossMAN]

I'm no Paypal or eBay pro but from reading dozens of "I got ripped off" threads I would suggest considering:

1) Ask your local bank or credit union to open a new checking account and use this solely for Paypal transactions.
2) Never keep more than $20, $30, $50 whatever you're comfortable with in your Paypal account.
3) Remember Paypal is NOT FDIC insured (like a bank is) so if they out of business, your money goes bye bye.
4) Make sure to read and follow Paypal's protection policies
5) Do not accept credit card paypal payments, keep your account a personal account
6) Of course don't share your password with anyone, etc.
7) Most eBayers are idiots and never read the auction rules