Pages:
Author

Topic: Is Paypal a scam? - page 40. (Read 50580 times)

sr. member
Activity: 270
Merit: 250
November 30, 2016, 03:32:43 PM
I do not know how to and what to say about the paypal payment system, but then I noticed a very guarded. Whatever the negative information concerning the paypal, locked and I do not like I do not have access to reading. Maybe it's my fault, but this did not exist before.
sr. member
Activity: 336
Merit: 250
November 26, 2016, 09:57:16 AM
Paypal is a trustable company, I am using them for many years and I have not any problem to transferring my money into my bank accounts. Normally I receive always my fund on time in only 2 business days.

So is not a scam site, and they take the security seriously.

I am also trusting paypal until one day i was about to cash out my earnings but it wss in freeze! I am reaching thier costumer sevice and ehen i reach them, they are asking for so many documents including my id, birth certificate, income tax return that i dont really understand. After providing all the necessary documents they told me that they found malicious action in my account, what the! That is my first time to withdraw so what malicious action they are talking about?
full member
Activity: 238
Merit: 100
November 26, 2016, 02:37:57 AM
Well this has been going on for ages and won't stop until paypal learns that people are hard pressed to be separated from their money. And limiting access to their money is the major reason that they have so much hate towards them. Because they limit accounts for no reason at all.
Please put in your mind that most of the people who uses paypal are probably people with a local credit card(they can not use it abroad) who wants to buy items on eBay, they can not buy directly with their card so they are simply processing the payment through PayPal.
Some people's only choice to pay on eBay is PayPal, and that is where their money comes from./
hero member
Activity: 490
Merit: 500
November 26, 2016, 01:27:51 AM
Well this has been going on for ages and won't stop until paypal learns that people are hard pressed to be separated from their money. And limiting access to their money is the major reason that they have so much hate towards them. Because they limit accounts for no reason at all.
legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
November 25, 2016, 10:59:15 PM
Paypal is a trustable company, I am using them for many years and I have not any problem to transferring my money into my bank accounts. Normally I receive always my fund on time in only 2 business days.

So is not a scam site, and they take the security seriously.
People who claim paypal are scam has no evidence about it, otherwise paypal will be charge now. They would not last in the business if they are a scam.
sr. member
Activity: 812
Merit: 252
November 25, 2016, 11:37:01 AM
Paypal is a trustable company, I am using them for many years and I have not any problem to transferring my money into my bank accounts. Normally I receive always my fund on time in only 2 business days.

So is not a scam site, and they take the security seriously.
hero member
Activity: 868
Merit: 500
November 25, 2016, 11:31:47 AM
As i were in the past a ptc member, the most easy way to know if the website were a scam searching for investment were very easy, does it accept paypal deposit as well cashout? The most started with paypal, but as paypal requires from them documents about the supost company they had they had their funds blocked, and in the general they stop working with paypal, those were an advice that it would turn into scam. Nowadays the projects running with paypal are fee, i do know merchants do like paypal, but projects like ptc, and similiar are few that keep and stand with paypal, the same way there is a short number of ptc nowadays, people tired to click for cents when they can earn better with captchas as well bitcoin.
hero member
Activity: 840
Merit: 501
November 24, 2016, 06:55:55 PM
I use paypal every day or in my daily transaction sometimes paypal are doing some sh*t because of high security and sometimes it hold your funds because of the unknown transaction it is better to use bitcoin nowadays it's fast and less fee transaction paypal is not scam paypal it just had high security it self.
I used pay pal recently and doing fine, there is some reason why paypal freeze the account, paypal is a big company and been exist for a long time, and they take security seriously, so their system is a bit strict, but i am sure paypal is not a scam
sr. member
Activity: 700
Merit: 251
November 24, 2016, 06:22:53 PM
I still use Paypal for some online transaction, everything is Ok and never got the problems. I still trust with Paypal, but after knowed bitcoin, I more choose bitcoin if any payment options.
Paypal is good for many but they are restricted just because of this many peoples have no benefited from this like me but now after joining this bitcoin community doing very good I read many posts about this but still believe its not scam just need to follow all things
legendary
Activity: 2968
Merit: 3684
Join the world-leading crypto sportsbook NOW!
November 24, 2016, 06:13:44 PM
It isn't an outright scam but is most certainly has, or at least had, incredibly unfair business practices. Their cheap reason is because they get scammed a lot but even Visa or Mastercard who probably have the most fraud don't have the same (lack of) ethics PP does.

I still own a paypal account but have not used it for years after a particular incident where I was labelled a scammer on forums because my account was frozen just as I was paying for a service. It took weeks to resolve, and each new login or activity required me to send countless documents and information plus cost me so much in phone bills trying to deal with customer service, I just gave up.



What unfair business practices are you referring to? I've never seen them take any action that wasn't warranted. People try to use Paypal to scam all the time, and PP has had to develop measures to protect themselves. But anyone using the service within the terms of service is generally not have problems. Anyone attempting to abuse Visa or Mastercard in the same way would face the same repercussions. Visa and Mastercard also have a lot more leverage with consumers, in that they can negatively affect your credit score, whereas Paypal, which doesn't deal with credit, cannot and has to be more proactive to head off fraud.

I mentioned one example in my case: I wanted to pay for a creative design service it was a very simple job and it was delivered to me. I had a VERIFIED account, linked to my personal bank account, no limits and all that nonsense I had to send so many documents. I click send payment and account locked. They could never give a reason why other than it being standard practice for security and so on. Fine, never mind, apology accepted but I asked them to at least contact the seller to inform him that I wasn't scamming him. They couldn't do that. I had no other way to pay the person as he only wanted paypal. My reputation on a freelancing site was tarnished because of that one incident.

The issue was NOT resolved quickly enough, and I recall the most difficult document was they wanted a MORE detailed invoice FROM the seller, who was already so pissed at me and wouldn't provide anything more. Of course he never sent it so the issue remained unresolved. The account was eventually unrestricted after 180 days (or rather, the issue resolved itself by expiring after 180 days I guess) but you can guess I had given up by then.

The craziest thing for me was it was just below 100 dollars or so.

I think my feeling here is that PP operates very well in N America and Europe and possibly Singapore but when it was starting out in Malaysia, where I am from, it was extremely problematic and continues to be for me today. I called in many times and emailed about the login issue (I travel and each login from a different country seems to lock the account). I understand security issues but to:

1. lock you out requiring account access and re-verification which will take several days
2. Requiring multiple documents MULTIPLE times after verifying countless times
3. >24 hours response and in some cases not responding. I have an email as recent as October which was never responded to when yet again I was locked out, had no way to call support because they insisted I call my home country (on roaming, yes) and they only provided an email support as an alternative.

These are to me, unfair practices, given that I had zero restrictions, zero problems, zero verification needed to fund my Paypal account. So they happily took my funds with no complicated process, but to send it out? Hell or high water.
member
Activity: 1078
Merit: 12
November 24, 2016, 06:11:07 PM
I still use Paypal for some online transaction, everything is Ok and never got the problems. I still trust with Paypal, but after knowed bitcoin, I more choose bitcoin if any payment options.
legendary
Activity: 2044
Merit: 1115
★777Coin.com★ Fun BTC Casino!
November 24, 2016, 05:20:27 PM
yes stay away from them. They'll take your money and they always fever on buyer side. so if you are a seller then stay away from paypal.
Its not right if you follow all rules and regulations they will never take your money I am using for 3 years and never have any problem they need to work with all T&C by different countries

Similarly, I've used PayPal for over 10 years, especially to sell stuff on eBay, and I've never had a problem. I've also, though, never tried to use it for any nefarious purposes, so there's been no reason for them to ever suspend my account or confiscate funds.
hero member
Activity: 756
Merit: 504
November 24, 2016, 05:10:54 PM
yes stay away from them. They'll take your money and they always fever on buyer side. so if you are a seller then stay away from paypal.
Its not right if you follow all rules and regulations they will never take your money I am using for 3 years and never have any problem they need to work with all T&C by different countries
sr. member
Activity: 658
Merit: 251
November 24, 2016, 04:19:32 PM
yes stay away from them. They'll take your money and they always fever on buyer side. so if you are a seller then stay away from paypal.
legendary
Activity: 2044
Merit: 1115
★777Coin.com★ Fun BTC Casino!
November 24, 2016, 04:15:23 PM
It isn't an outright scam but is most certainly has, or at least had, incredibly unfair business practices. Their cheap reason is because they get scammed a lot but even Visa or Mastercard who probably have the most fraud don't have the same (lack of) ethics PP does.

I still own a paypal account but have not used it for years after a particular incident where I was labelled a scammer on forums because my account was frozen just as I was paying for a service. It took weeks to resolve, and each new login or activity required me to send countless documents and information plus cost me so much in phone bills trying to deal with customer service, I just gave up.



What unfair business practices are you referring to? I've never seen them take any action that wasn't warranted. People try to use Paypal to scam all the time, and PP has had to develop measures to protect themselves. But anyone using the service within the terms of service is generally not have problems. Anyone attempting to abuse Visa or Mastercard in the same way would face the same repercussions. Visa and Mastercard also have a lot more leverage with consumers, in that they can negatively affect your credit score, whereas Paypal, which doesn't deal with credit, cannot and has to be more proactive to head off fraud.
legendary
Activity: 2968
Merit: 3684
Join the world-leading crypto sportsbook NOW!
November 24, 2016, 11:21:19 AM
It isn't an outright scam but is most certainly has, or at least had, incredibly unfair business practices. Their cheap reason is because they get scammed a lot but even Visa or Mastercard who probably have the most fraud don't have the same (lack of) ethics PP does.

I still own a paypal account but have not used it for years after a particular incident where I was labelled a scammer on forums because my account was frozen just as I was paying for a service. It took weeks to resolve, and each new login or activity required me to send countless documents and information plus cost me so much in phone bills trying to deal with customer service, I just gave up.

hero member
Activity: 644
Merit: 500
November 24, 2016, 09:52:41 AM
This is the first time i see something against paypal reputation, something they are its honest, they follow each rule from each country, that make them the example to follow, even with huge fees, paypal has build their image, sure the chargeback and frozen funds they sometimes does makes the most panic but as long you dont break the rules you will be fine.

Thats right. Paypal is not a scam maybe aome users do scamming but the last time I used paypal transactions went well unfortunately the last time I ised it is last Feb so I dont know the issues on freezing or being hacked. Anyway if anything happens I know there is still a contct line in paypal that can report suspicious transactions.

Yes I agree, Paypal is been here for a quite long time and its reputation has been good ever since. Yes there are some users who are not satisfied with paypal and so as with other big companies.. definitely every business and company has its own bad sides coming from customers but that's the thing is for as long as they help out their customers definitely it would heal the issue.
hero member
Activity: 742
Merit: 526
November 24, 2016, 08:31:21 AM
bitcoin's fast transaction is still beaten by paypal because they doesn't need any confirmation to send the money while bitcoin does and it take about 15 minutes average. and it's indeed that paypal's verification sometimes making their users confused their asses and really complicated

I think 10 minutes max of waiting is worth choosing over having a feature that allows the people you transacted with to get their money back. There's also the mysterious feature of Paypal that freezes your account for 180 days. Let's see how convenient is waiting for 180 days. Combined all the waiting that you had in your bitcoin transactions, it wouldn't even sum up to 180 days even if we assume that you experienced the days that you had to wait before the transaction gets confirmed.

I wish 10 minutes would not really turn into a few days in the future as you seem to say yourself. And your transaction may just get dropped from the mempool without confirmation at all, and you will be waiting in vain. I'm not going to say that transacting through PayPal is better or anything, but Bitcoin transactions may soon get risky too, in a sense, if things don't change for the better.
legendary
Activity: 1008
Merit: 1060
November 24, 2016, 08:09:42 AM
bitcoin's fast transaction is still beaten by paypal because they doesn't need any confirmation to send the money while bitcoin does and it take about 15 minutes average. and it's indeed that paypal's verification sometimes making their users confused their asses and really complicated

I think 10 minutes max of waiting is worth choosing over having a feature that allows the people you transacted with to get their money back. There's also the mysterious feature of Paypal that freezes your account for 180 days. Let's see how convenient is waiting for 180 days. Combined all the waiting that you had in your bitcoin transactions, it wouldn't even sum up to 180 days even if we assume that you experienced the days that you had to wait before the transaction gets confirmed.
hero member
Activity: 3066
Merit: 536
Leading Crypto Sports Betting & Casino Platform
November 24, 2016, 07:41:22 AM
I use paypal every day or in my daily transaction sometimes paypal are doing some sh*t because of high security and sometimes it hold your funds because of the unknown transaction it is better to use bitcoin nowadays it's fast and less fee transaction paypal is not scam paypal it just had high security it self.
bitcoin's fast transaction is still beaten by paypal because they doesn't need any confirmation to send the money while bitcoin does and it take about 15 minutes average. and it's indeed that paypal's verification sometimes making their users confused their asses and really complicated
Pages:
Jump to: