Is Paypal a scam? - page 19. | Bitcointalksearch.org

stompix

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Quote from: CODE200 on April 16, 2017, 07:06:01 AM

I think paypal is not a scam because thats what the millionaire use for there transaction and paypal is supported by the government that's why i know it's not a scam. I heard that paypal also used to buy online games, and online shopping.

I doubt that the core of paypal business are millionaires.
Also there is no government involved in Paypal.

Please stop with these things.
Paypal is just a service provider, a payment gateway.

A company that provided a pretty good service back in the old days and that still does so.
People are using paypal because they trust it , it's damn simple and they have support available.
Even a moron can use paypal. Unfortunately.....

CODE200

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I think paypal is not a scam because thats what the millionaire use for there transaction and paypal is supported by the government that's why i know it's not a scam. I heard that paypal also used to buy online games, and online shopping.

babsalt1975

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Quote from: richardsNY on March 17, 2017, 05:00:54 PM

Quote from: pinkpanther03 on March 17, 2017, 03:27:02 PM

Quote from: Daneric on September 18, 2016, 02:40:44 AM

I have had an issue with Paypal and while I was trying to look for a solution on the internet, I came across this website (https://www.consumeraffairs.com/online/paypal_02.html) where everybody is complaining about Paypal. Most of the complains were actually similar to the one that I have. I thought Paypal is a credible company but now I have started feeling worried about my funds stuck in the accounts.

No! Paypal is not a scam, although I'm a bitcoin lover. It maybe true only that , many of their clients/customer are complaining to their services which giving them a different issues.

In some cases the complaints people have towards PayPal are well justified, but in other cases it's not always PayPal that should receive people's blame. If you browse through their TOS (I know it's boring and no one really does it) then it's clearly visible that you can't just expect PayPal to sit back and do nothing. It's the government that from behind the scenes is forcing all kinds of services to tighten their policies.

PayPal obeys everything coming from the government as they basically have no choice. If you don't want to get bothered with all things that PayPal can or might do (e.g. put balances on hold till you can show solid proof of where that money comes from), then just skip PayPal, but don't complain in case such a thing happens to you since you agreed to their terms.

It is true that PayPal are very keen on government regulations because any violation will lead to dire consequences. At the same time, they are also trying to safeguard their customers interests by protecting them from would fraudsters. All these said, they need to be considerate to some cases which seem to be genuine. Just blocking peoples accounts with funds in them is not a good option. My account was blocked with over 1000 USD yet the mistake was mot mine.

richardsNY

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Quote from: pinkpanther03 on March 17, 2017, 03:27:02 PM

Quote from: Daneric on September 18, 2016, 02:40:44 AM

I have had an issue with Paypal and while I was trying to look for a solution on the internet, I came across this website (https://www.consumeraffairs.com/online/paypal_02.html) where everybody is complaining about Paypal. Most of the complains were actually similar to the one that I have. I thought Paypal is a credible company but now I have started feeling worried about my funds stuck in the accounts.

No! Paypal is not a scam, although I'm a bitcoin lover. It maybe true only that , many of their clients/customer are complaining to their services which giving them a different issues.

In some cases the complaints people have towards PayPal are well justified, but in other cases it's not always PayPal that should receive people's blame. If you browse through their TOS (I know it's boring and no one really does it) then it's clearly visible that you can't just expect PayPal to sit back and do nothing. It's the government that from behind the scenes is forcing all kinds of services to tighten their policies.

PayPal obeys everything coming from the government as they basically have no choice. If you don't want to get bothered with all things that PayPal can or might do (e.g. put balances on hold till you can show solid proof of where that money comes from), then just skip PayPal, but don't complain in case such a thing happens to you since you agreed to their terms.

pinkpanther03

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Quote from: Daneric on September 18, 2016, 02:40:44 AM

I have had an issue with Paypal and while I was trying to look for a solution on the internet, I came across this website (https://www.consumeraffairs.com/online/paypal_02.html) where everybody is complaining about Paypal. Most of the complains were actually similar to the one that I have. I thought Paypal is a credible company but now I have started feeling worried about my funds stuck in the accounts.

No! Paypal is not a scam, although I'm a bitcoin lover. It maybe true only that , many of their clients/customer are complaining to their services which giving them a different issues.

beafheart

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Quote from: Winner on March 12, 2017, 12:55:46 PM

Quote from: Qunenin on March 12, 2017, 12:45:26 PM

Quote from: a7594li on March 10, 2017, 12:12:04 AM

I'm sure it's not scammers

I agree to you, it is not scammer, I used that before and it works fine and good, it is just that we have now bitcoin that we use fastly and more securely.
Apart from this, Bitcoin is better than Paypal in term of service, but PayPal is a not a scam for surety.

Well, this depends on how you look at PayPal because most people that purchase things on Ebay like to use PayPal because it's quick and pretty much the only option to get products packed and shipped to your house within no time.

Businesses that use PayPal don't like it because PayPal freezes Business accounts without any reasoning sometimes.
That is the most popular reason why most people don't like having money in PayPal. There shouldn't be much of an issue if they already verified the profile and Business account and checking it after they send money to another person/Business.

I never led a business through this system. I used PayPal privately. And I had no problems with this payment system. But I would not like my savings to freeze for no reason.

Winner

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Quote from: Qunenin on March 12, 2017, 12:45:26 PM

Quote from: a7594li on March 10, 2017, 12:12:04 AM

I'm sure it's not scammers

I agree to you, it is not scammer, I used that before and it works fine and good, it is just that we have now bitcoin that we use fastly and more securely.
Apart from this, Bitcoin is better than Paypal in term of service, but PayPal is a not a scam for surety.

Well, this depends on how you look at PayPal because most people that purchase things on Ebay like to use PayPal because it's quick and pretty much the only option to get products packed and shipped to your house within no time.

Businesses that use PayPal don't like it because PayPal freezes Business accounts without any reasoning sometimes.
That is the most popular reason why most people don't like having money in PayPal. There shouldn't be much of an issue if they already verified the profile and Business account and checking it after they send money to another person/Business.

antonioa

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Quote from: Qunenin on March 12, 2017, 12:45:26 PM

Quote from: a7594li on March 10, 2017, 12:12:04 AM

I'm sure it's not scammers

I agree to you, it is not scammer, I used that before and it works fine and good, it is just that we have now bitcoin that we use fastly and more securely.
Apart from this, Bitcoin is better than Paypal in term of service, but PayPal is a not a scam for surety.

And I agree with you. May PayPal and not so quickly transfers money as bitcoin, but he is not a fraud. They have their own rules, which must be observed.

Qunenin

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Quote from: a7594li on March 10, 2017, 12:12:04 AM

I'm sure it's not scammers

I agree to you, it is not scammer, I used that before and it works fine and good, it is just that we have now bitcoin that we use fastly and more securely.
Apart from this, Bitcoin is better than Paypal in term of service, but PayPal is a not a scam for surety.

Zisove28

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I sometimes use this payment system. Indeed, several times I could not make a payment. I had to contact technical support. I did not really like this service. It's easier to use bitcoin-purse

giveen

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Quote from: klf on March 03, 2017, 10:17:46 PM

Quote from: dmamigo on March 03, 2017, 03:34:50 PM

Quote from: v1ryspro on March 03, 2017, 02:43:43 PM

I rarely use this payment system and no problem I have not encountered. I am sure that it is a reliable service. Many of my friends use PayPal for payments

It is definitely a reliable service, but some of there actions are too much problematic. The fees are still acceptable but the sudden freeze of funds, not letting to withdraw are some major issues faced by me. But if this issues are away, then it is quiet easy for me to transact.

I'm using Paypal for a very long time around ten over the years, but my funds were never frozen. It looks like they may be suspecting the source of your funds. If you can able to prove that those are your funds then they will release those funds for sure. For online payments PayPal is very convenient and it is not a scam.

Yeah that's true paypal is kind of an online bank who needs all info if you are getting huge amount of funds like recently for my work i received 2 payments which were more than 500$ so they frozen my account and asked for id proof and address , i gave them all and now they even increased my limit. It's just we need to talk to them if we have any issue they will happily assit us.

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Quote from: UCHCHILD on March 10, 2017, 05:01:43 AM

Exactly, paypal is not a scam. TRansaction is so smooth and easy to handle.

Its not a scam sure but its being used for scamming, they are aware of how the scammers are working for the charge backs but they are not fixing all the flaws to make it comfortable for the buyers which the money is from. It doesn't matter who scam whether its the buyers or the sellers, its how they make it easy to scam. If transactions are going to be irreversible in paypal, I will likely be using it again. I have my funds in paypal though which I receive from upwork.

deppil

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Quote from: Aikonio on March 09, 2017, 02:17:27 PM

I do not often use this payment system, but I never had any problems. This is a serious company that has been working for a long time. I'm sure it's not scammers

paypal certainly not going to commit fraud paypal is under the law and the owner is also already known to the world if they cheat course owner will be in prison. I use paypal quite a long time and no problems until now

UCHCHILD

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Exactly, paypal is not a scam. TRansaction is so smooth and easy to handle.

klf

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Quote from: Aikonio on March 09, 2017, 02:17:27 PM

I do not often use this payment system, but I never had any problems. This is a serious company that has been working for a long time. I'm sure it's not scammers

I'm using Paypal for over ten years and made many payments. It is always smooth and safe if you follow their terms. But some people try to cheat the system loopholes then their accounts may be on hold to prove their funding or some other reason. That's why some people always complained about the PayPal. I too don't think any scam company can survive so long in the business. They are best for online payments.

a7594li

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I'm sure it's not scammers

Hydrogen

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Fun fact: Elon Musk, CEO of the tesla electric car company and lead figure behind Space X, had his humble beginnings as a paypal co-owner.

He may have had a hand in inventing paypals verification scheme where they deposit a small amount in your bank account.

I don't think paypal is a scam. But some of their policies could be a bit on the paranoid and unfair side, which is why many in the past boycotted them.

Their reputation is better now, it used to be much worse.

ncmantawil

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I don't think Paypal is a scam since they have been existing for so long. If it was, Paypal had been shut down by now.

Aikonio

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I do not often use this payment system, but I never had any problems. This is a serious company that has been working for a long time. I'm sure it's not scammers

funbarrel

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Quote from: deppil on March 08, 2017, 08:30:57 PM

Quote from: tabas on March 08, 2017, 07:43:56 PM

Quote from: Evansloin on March 08, 2017, 12:16:21 PM

Paypal isn't a scam. I speak from own experience and i have never had any issues with making transactions to someone else.
The only issues I have had with Paypal are the high fees for a transaction.

I do agree with this I did many transactions with PayPal from buying from online shops. And there's no problem that I did experienced from it everything went smoothly. People are just the ones who are making some bad ideas and using this payment processor as a medium of their shady activities with their victims.

paypal is not doing scam you will find it easy to trade and shop when using paypal but the problem is the security system paypal very vulnrable for on dikes there are millions of successful account in dikes

yeah you will find that it is easy to shop and trade and what you will also find is the huge fees and reverseable transactions which is not good for money itself and allows people to be less careful with their funds. Bitcoin solves all of those things because it allows to send money with really small fees and it is impossible to reverse any transactions what makes way more sense. However, of course paypal is not a scam at all and it has never scammed anyone because no one would trust it and it wouldn't be so big.

Topic: Is Paypal a scam? - page 19. (Read 50531 times)