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Your thoughts on paypal?
#1
I made an account, linked it with my bank as i don't have a credit card.
Hope i won't regret this? When someone sends you money how do you get it out? the main reason i wanted it was to purchase things.

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#2
Well, they limited my account without any reason!

And most of people hate it also, they limit accounts reasonless.
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#3
When someone sends you money to your PayPal, you have the option to withdraw the cash. Bear in mind that you can only withdraw a minimum of $10 each time. I don't know about the maximum amount.

It's really easy to use, trust me. I had doubts at first, because of all the problems I heard from other users, but it's really not that bad if you only need it for personal use.
[Image: 3326yvl.jpg]

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#4
(03-20-2010, 09:47 AM)Skill Wrote: When someone sends you money to your PayPal, you have the option to withdraw the cash. Bear in mind that you can only withdraw a minimum of $10 each time. I don't know about the maximum amount.

It's really easy to use, trust me. I had doubts at first, because of all the problems I heard from other users, but it's really not that bad if you only need it for personal use.

Thanks skill. I have spoken with a few people that use it and think it's okay. I'm just paranoid i guess..
but this was the first video i watched on youtube about it and some of the comments are pretty bad.

[yt]http://www.youtube.com/watch?v=lr_7--e5A1g[/yt]

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#5
Its an unregulated business. No real laws bind it.
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#6
Paypal is very easy to use, and if you have a problem you can contact the company and there very user friendly so its very convient ive never had a problem with itSmile
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#7
Paypal is good for me as a buyer . As a seller, I find it expensive to use and would only use it as a back up to a merchant account and payment service provider for running our retail business. For low turnover business which can't justify the expense of the full set up, Paypal could be a good option.
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#8
If I won the lottery (or just made a lot of money) I would create a decent alternative and promote it with commercials, etc. until it was the industry standard. PayPal is not good IMO but you don't have many choices when it comes to buying / selling online.
Robert Picard
http://www.rpicard.net
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#9
thankz 4 de in4mation..
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#10
PayPal, in truth, is only really good for buying physical goods. Services and such are best left to old fashioned personal checks and such. I wish it were more regulated and moderated, but 90% of it is automatically driven, I promise. When you DO get a hold of an agent, they just regurgitate the ToS and give you some stupid reason as to why you were limited/your funds were refunded to the buyer. One time, I was on the phone in a conference call when this guy told a seller, "We limited your account because it's a potential security risk." When the seller asked why, he just said, "PayPal just thinks it's best." Not kidding. Be careful. Withdraw your funds often. I recently got $45 for helping someone (providing services) online, and I requested a check immediately because I didn't want it getting limited.
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