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Topic: Is Paypal a scam? - page 43. (Read 50580 times)

hero member
Activity: 910
Merit: 501
November 13, 2016, 09:30:27 AM
I've been using paypal now for about 15 years and never had a problem with them.
In contrary. Every time I had a problem with a delivery they helped me out.
I got my money back each time when there was an issue with a seller that could not be solved with a normal conversation.
So no, paypal is doing a good job, it's not scam.
hero member
Activity: 756
Merit: 501
November 13, 2016, 09:18:47 AM
Paypal has built its reputation and the reversible transactions are something we cant do anywhere else, paypal does follow regulamentation of each country and in the end who dont know those will end get scammed by a seller or a buyer.
legendary
Activity: 2170
Merit: 1427
November 13, 2016, 06:28:25 AM
I used to use PayPal. But now I do not have confidence in the payment system. I do not want to risk their money, so choose another payment system

It's you risking your own money, not theirs.

The united state government should probe PayPal for freezing customer fund

Why would they do so? Most of the times it's the government itself that is forcing payment services and banks to come up with all kinds of ridiculous policies. They are hiding themselves behind "We must do this to prevent money laundry, and potential funding of terrorism" sort of policies. All your information and transaction history will be subject to a thorough investigation at the time your funds get indeed frozen. And in case you wonder, all information will also land into the "hands" of the government. Wink

However, people still rely on this payment system.

Of course they do. They have the option to charge back in case it needs to be done. However, this feature is more subject to malicious usage rather than people actually using it legitimately. That's the sad thing.
full member
Activity: 233
Merit: 250
November 13, 2016, 05:55:30 AM
The united state government should probe PayPal for freezing customer fund,personally all those frozen fund are use for other investment that will yield profit for PayPal before it will be release, their should be a body that will be regulating online money in u s to checkmate their activities
So still need to be serious with paypal, if there are preconditions to their mistreatment or bad plans for users. However, people still rely on this payment system.
full member
Activity: 142
Merit: 100
November 13, 2016, 05:10:11 AM
no paypal is not a scam there's a billion people in the world who's using paypal to send and received money from it. i've been a user of paypal for 6 years and i could say their service is 100% trusted. but if you do something illegal they would hold your account and you will go through some method where you need to verify that you're not doing any illegal. you should read their rules and regulation every company have that. and you can also check their FAQ.  hope this helps.

For the law must follow the police. A payment system should deal with billing and storing money. No need to take on extra powers
Of course you do not need to take more power. You could, at some point say that their hacker broke and took the money as it happened with Bitfinex. That's all a scam. Why paypal and no other system is discussed in this light.
sr. member
Activity: 247
Merit: 250
November 13, 2016, 04:39:14 AM
Every monopoly is somekinda scam, you can still safely use paypal but,
never ever go all into it. you cannot know what is going to happen in future.
The only way to secure yourself against all sorts of scams, and in the particular case allegedly paypal, this is the use of several payment systems simultaneously.
full member
Activity: 218
Merit: 100
November 13, 2016, 04:08:14 AM
no paypal is not a scam there's a billion people in the world who's using paypal to send and received money from it. i've been a user of paypal for 6 years and i could say their service is 100% trusted. but if you do something illegal they would hold your account and you will go through some method where you need to verify that you're not doing any illegal. you should read their rules and regulation every company have that. and you can also check their FAQ.  hope this helps.

For the law must follow the police. A payment system should deal with billing and storing money. No need to take on extra powers
legendary
Activity: 2436
Merit: 1366
November 13, 2016, 04:00:28 AM
Every monopoly is somekinda scam, you can still safely use paypal but,
never ever go all into it. you cannot know what is going to happen in future.
sr. member
Activity: 254
Merit: 250
November 13, 2016, 03:47:53 AM
I used to use PayPal. But now I do not have confidence in the payment system. I do not want to risk their money, so choose another payment system
Perhaps the bad rumors about competitors or paypal subject is really risky payment system. I planned to use it, but in the light of this information, I give up the idea.
hero member
Activity: 854
Merit: 500
November 13, 2016, 03:27:52 AM
no paypal is not a scam there's a billion people in the world who's using paypal to send and received money from it. i've been a user of paypal for 6 years and i could say their service is 100% trusted. but if you do something illegal they would hold your account and you will go through some method where you need to verify that you're not doing any illegal. you should read their rules and regulation every company have that. and you can also check their FAQ.  hope this helps.
sr. member
Activity: 343
Merit: 250
November 13, 2016, 02:24:43 AM
The united state government should probe PayPal for freezing customer fund,personally all those frozen fund are use for other investment that will yield profit for PayPal before it will be release, their should be a body that will be regulating online money in u s to checkmate their activities
full member
Activity: 210
Merit: 100
November 13, 2016, 01:48:45 AM
I used to use PayPal. But now I do not have confidence in the payment system. I do not want to risk their money, so choose another payment system
sr. member
Activity: 476
Merit: 250
November 13, 2016, 01:41:50 AM
Yes paypal is shit and is more concerned with tracking payments than tranferring them.Their back office is now bigger than the front one like the way beauraucracy grows and destroys the initial goal.


To date, paypal is the most common payment system in the world and the confidence is very high. Therefore it is very difficult to say how much can be a bad case. If all trusted, you do not need to doubt.
hero member
Activity: 777
Merit: 777
Altbone inc.Burial service for altcoins
November 12, 2016, 02:22:07 PM
Yes paypal is shit and is more concerned with tracking payments than tranferring them.Their back office is now bigger than the front one like the way beauraucracy grows and destroys the initial goal.

sr. member
Activity: 602
Merit: 250
November 08, 2016, 11:44:29 AM
If that's your experience with paypal you have the option to fully adopt with bitcoin. No charge back with bitcoins as you cannot reverse the transaction. But definitely, we do not have a proof that paypal is scam, otherwise it will not exist now.
you are right, bitcoin is not reversible or irreversible but if someone just making double spend your transaction will be rejected by the network and you are done you are scammed,even it is rarely happening but this trick still being used and that is why you need a confirmation before sending an item to your client
Paypal has a reputation, and in the general people complaining about it are those people that had lost some dispute against the buyer or the seller, sure sell something and allow 60 days to complain and be able to win makes no sense, but well thats the regulamentation of the world, and paypal does follow those.

sometimes the fact of complaints to anything in the end does not. People lose their money. It seems to me that Paypal will never restore the confidence of the people
hero member
Activity: 756
Merit: 501
November 08, 2016, 08:05:32 AM
If that's your experience with paypal you have the option to fully adopt with bitcoin. No charge back with bitcoins as you cannot reverse the transaction. But definitely, we do not have a proof that paypal is scam, otherwise it will not exist now.
you are right, bitcoin is not reversible or irreversible but if someone just making double spend your transaction will be rejected by the network and you are done you are scammed,even it is rarely happening but this trick still being used and that is why you need a confirmation before sending an item to your client
Paypal has a reputation, and in the general people complaining about it are those people that had lost some dispute against the buyer or the seller, sure sell something and allow 60 days to complain and be able to win makes no sense, but well thats the regulamentation of the world, and paypal does follow those.
hero member
Activity: 3066
Merit: 536
Leading Crypto Sports Betting & Casino Platform
November 08, 2016, 06:49:26 AM
If that's your experience with paypal you have the option to fully adopt with bitcoin. No charge back with bitcoins as you cannot reverse the transaction. But definitely, we do not have a proof that paypal is scam, otherwise it will not exist now.
you are right, bitcoin is not reversible or irreversible but if someone just making double spend your transaction will be rejected by the network and you are done you are scammed,even it is rarely happening but this trick still being used and that is why you need a confirmation before sending an item to your client
sr. member
Activity: 378
Merit: 250
BULL RUN until 2030
November 08, 2016, 06:44:43 AM
I hope that PayPal will restore its reputation and will work as early as in the near future. It is a pity that they have lost a lot of customers. Nobody wants to risk their money
they don't lost a lot customers,even they do,they will always get a bunch of new customers,as i've seen that paypal verification service are now growing up and getting used widely among many people,it's a clue that paypal still become a need for those who transacting in online world

even their policies are sucks and painful,you can't avoid that they're the most used service compared to other
Most users are unaware of those policies anyway until they encounter someone disputing payments. I can only imagine people making thousands of money by depositing 1,000$ in Paypal, buying something worth 1000$, then dispute the payment after you got the item. I'm pretty sure somebody's abusing this Buyer Protection Policy so much while seller's can't do anything about it.
well that's will only going to happen if paypal do approve the chargeback request and the buyers who requesting chargeback will need proof to prove that he's actually really not receiving anything,but sometimes paypal just blindly approving the requests and as a result so many sellers getting scammed,and it's always happening when a transaction just about to break the paypal's rule such as having a cryptocurrencies transaction,ironic but real
If that's your experience with paypal you have the option to fully adopt with bitcoin. No charge back with bitcoins as you cannot reverse the transaction. But definitely, we do not have a proof that paypal is scam, otherwise it will not exist now.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
November 08, 2016, 06:12:59 AM
I hope that PayPal will restore its reputation and will work as early as in the near future. It is a pity that they have lost a lot of customers. Nobody wants to risk their money
they don't lost a lot customers,even they do,they will always get a bunch of new customers,as i've seen that paypal verification service are now growing up and getting used widely among many people,it's a clue that paypal still become a need for those who transacting in online world

even their policies are sucks and painful,you can't avoid that they're the most used service compared to other
Most users are unaware of those policies anyway until they encounter someone disputing payments. I can only imagine people making thousands of money by depositing 1,000$ in Paypal, buying something worth 1000$, then dispute the payment after you got the item. I'm pretty sure somebody's abusing this Buyer Protection Policy so much while seller's can't do anything about it.
well that's will only going to happen if paypal do approve the chargeback request and the buyers who requesting chargeback will need proof to prove that he's actually really not receiving anything,but sometimes paypal just blindly approving the requests and as a result so many sellers getting scammed,and it's always happening when a transaction just about to break the paypal's rule such as having a cryptocurrencies transaction,ironic but real
sr. member
Activity: 293
Merit: 250
November 08, 2016, 05:02:34 AM
Some abusive users just want to try and take advantage of the policy.
Some? You should know how severe the problem of scammers charging back on innocent sellers is.

I understand that people see the buyers protection feature as a great tool in case they need it, but it by far doesn't outweigh the negative aspect due to all the scammers.

That's why I think the victims of this, and other people, will more and more prefer Bitcoin as a currency tool/payment platform in order to complete all their transactions.

Bitcoin guarantees them that all transactions are final. That should give everyone enough confidence and will to give Bitcoin a chance.


Yeah, that is a very unfair policy for the legit sellers that doesn't have an intention but to give good customer service to their buyers. But it seems that a lot of buyers and scammers are abusing the system of paypal as they will use the reversible payment. I don't know if paypal is just simply protecting the both party or they are in favor of one party only.


Yes, unfortunately a lot of scams are now try to earn some money. This will only aggravate the overall situation with the service. It seems to me that he will never again work as before. Paypal too much lost
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