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With all these reports about paypal .....would u accept a paypal in FS/FT ???

Yes.

That being said, you can't underestimate the importance of gathering information for your trade. Take the time, do the footwork, only go through a trade when you feel comfortable.
 
Other than for some reason, Paypal upgrading my personal account to a Business account without my knowledge, I've never had a problem with paypal.
-- mrcodedude
 
hhhmmm.................u r right .......but what I meant was ......if it goes bust - what happens to your money ???

So in that case would u still go in for paypal payments since they are so conveinient ?
 
The thing is, Do everything beforehand to make sure it doesn't have the possibility of going bust. Yes, there is always the risk, and in that case, your only recourse is keeping a paper trail for the trade and following paypal's policies to a T.
 
I have used PayPal to send & receive several thousand dollars over the last two years, & haven't had a single serious problem.

A couple of minor incidents, but nothing that ended up costing me money.

Viper GTS
 
same here ... while I have not done a lot of business with PayPal, the business that I have done has went very smoothly. I will continue to use them.
 
No problems here either. It's simple to prevent anything happening to your money if they go bust -- simply withdraw any money you receive from your paypal account as soon as you receive it!
 
my bro lost $125 to cyberrebate.com. the way it worked was you paid an outrageous amount for something, then they would give you a rebate for most if not all of it. he paid $125 for a toaster or some sh*t. i think what they would do is invest that money, then give you a rebate back. well, they had some dumb investors because he never got his rebate. they went belly up. and he has a very expensive toaster.

i think this is what the poster is worried about. paypal going belly up. you're left with bankruptcy court and all that crap.

me, i am not worried about it because i am very well off financially any way. i just paid for an auction today with pay pal. it's very convenient.

 
I don't use paypal because they have screwed me over a few times.

:|

If you are going to use paypal, follow their policies to a T, and also make sure you get verfied payments only.

good luck!
 
Also, if you're worried about Paypal going belly up, don't keep a balance in your Paypal account. Accept payments/Send Payments with it and make sure to transfer the funds to your bank account asap.
 


<< Also, if you're worried about Paypal going belly up, don't keep a balance in your Paypal account. Accept payments/Send Payments with it and make sure to transfer the funds to your bank account asap. >>


Yeah, what I ... I mean he said! 😉
 
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