Paypal Good or Bad??

nateholtrop

Diamond Member
Jun 8, 2000
5,349
0
0
bad from what i heard they are doing reversals on funds and all that and that is no good.

Nate
 

Shmorq

Diamond Member
Aug 10, 2000
3,431
1
0
I've had no problems dealing with them, but I've only used them maybe 3 times in nearly 1 year.
 

Viper GTS

Lifer
Oct 13, 1999
38,107
433
136
Mostly good. The one bad experience with them is that I was trying to send around $90 using them. I had $70 something in my PayPal account already. It was not letting me do direct fund transfers from my bank accounts, so I sent an "e-check." Rather than take the $70 out of my PayPal account first, it was going to take the entire $90 from my checking account. So, I cancelled the e-check, sent the $70 afirst, & then sent a $20 e-check. Two days later I check my bank statement, & I had been charged for BOTH e-checks, overdrawing my bank account. Granted I got the money back, but it was rather frustrating having PayPal in possession of $90 of my money, not to mention the $21 overdraft fee on my checking account.

:|

Other than that they've been good to me. I've sent several thousand $$ through them, relatively incident free.

Viper GTS
 

HappyFace

Diamond Member
Nov 2, 1999
6,265
5
81
I've never had any major problems when dealing with them. Head many horror stories, however. :frown:
 

Ace69

Senior member
Nov 26, 1999
877
0
0
The experience that I have had with it has proved to be good. Not a problem from what I can see, but I am sure that it has its share of problems.
 

hzl eyed grl

Super Moderator<br>Elite Member
Dec 28, 1999
13,107
67
91
I had just signed up with paypal. Now I'm just waiting for people to send me money. :Q ;) Heehee
 

Damon

Senior member
Jul 21, 2000
880
0
0
Hi nateholtrop,


Reversals occur with fraud and or charge backs. In both cases, the receiving account is not restricted and the pending reversals are placed against the transactions in question. The recipient is asked to provide documentation on the transactions for protection in the Seller Protection Program.

Please let me know if you have any questions about charge backs and reversals.


 

jsbush

Diamond Member
Nov 13, 2000
3,871
0
76
Bad, I've had nothing but problems with them. Made a deal with someone on this board. It took me a month the get my credit card registered. Had to call up paypal and fax them a picture id and bla bla bla.

Then just the other day I make another deal, and now they are asking me to enter my bank account information! Bunch of idiots.
 

Edski

Senior member
Jan 28, 2000
911
0
0
Won't touch it any more, if someone insists on paying me with paypal, I will charge $30 per $100