Is Paypal a scam? - page 47. | Bitcointalksearch.org

Financial_Genius

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Quote from: Xenophoto on September 18, 2016, 02:06:57 AM

I would also recommend that you stay away from Paypal like all the other people on that website is saying. Paypal freezes your funds for 180 days for unknown reasons. You could always exchange your Paypal funds into Bitcoin funds in the Currency exchange board. So, if you don't want somebody disputing their payments to you, or getting your account frozen for 6 months, then go ahead and convert all your Paypal funds into Bitcoin.

Oh, today I experienced paypal for "lice"! Year paid through them for the purchase, it was more or less, but when the seller sent me an empty package, all of the claims were not recognized. He sent it! And the fact that they have alleged "buyer protection!" is everything to like I'm naive fools! People read reviews! Be careful!

Zadicar

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Quote from: ?? on ??

Paypal isn't a scam but most scammers use Paypal for there business

This is very correct, Paypal is already established company do offer services on online transactions but they have huge amounts of fees thats the disadvantage and also its cashback feature which do scammers use this thing to scam other people and making advantage with this thing. Paypal arent scam at all, People are making foolish things to ruin their reputation.

trollercoaster

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Is paypal a scam: yes it is, its purpose of transfering funds has taken a back seat to tracking your funds.

https://www.armstrongeconomics.com/world-news/taxes/when-the-back-office-becomes-bigger-than-the-front-office-it-is-time-to-die/

darewaller

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Quote from: ?? on ??

Paypal isn't a scam but most scammers use Paypal for there business

You have a different perspective point. Paypal is trying to implement different ways of security in order to prevent scammers to not to scam others but actually these are the scammers who are taking benefits from their implemented rules and innocent people are being scammed.

raven7886

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Quote from: X-ray on October 25, 2016, 10:40:28 PM

Quote from: Kvazimoda on October 25, 2016, 12:26:43 PM

Quote from: Gotomoon on October 25, 2016, 11:36:42 AM

Quote from: Labumi on October 22, 2016, 08:31:16 AM

Quote from: arseaboy on October 22, 2016, 08:25:43 AM

No.. Paypal is definitely not a scam. It's a very big corporation which I doubt that they won't do anything that is illegal. It's their reputation will be on the line if they would do such scam because paypal uses by millions of people all around the world and it will be a big lost for them if that happens.

Well that is certainly true. If paypal fraud then can be sure his reputation will go down, and those who feel deceived by paypal will get huge advantages if they reported the incident to the paypal company. So, chances are that we are experiencing an error or in violation of the procedure that has been set by paypal. so this is not a scam

The Paypal protects the frauderest in some occasions. The charge back system works well for scammers.

I also think that there was a some kind of mistake or failure. Paypal solid firm, has established itself over the years. I think things will get better

actually you need to be approved by paypal first when you are requesting charge back in order to avoid any fraudulent chargeback but unfortunately paypal just can be easily tricked by smart ass scammers so it's just end up not better than worse

That is true because I have had that experience when I ordered a services using paypal but the seller fails to deliver the services, when I ask for a charge back the seller was very smarter than I thought, he refused to refund the money and it gone for nothing. I guess scammers do use and throw paypal accounts, that was the real problem I had faced here.

Shady

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Life is a game, you either play it or get played.

PayPal is best for Internet Marketers. Their sole use is to provide payment solutions covering affiliate network / sale transactions. It's not common to have zero issues with them if you only use them as a gateway to your bank + access the debit card.

Financial institutions have common issues, despite this something you do may trigger alarms... So be sure to learn proper usage or try utilizing professional behavior so you can start avoiding this. Of course upgrading to a business account will reduce problems if acting professionally.

crairezx20

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Quote from: hawkins on October 28, 2016, 11:49:58 AM

Quote from: The_prodigy on October 28, 2016, 04:24:47 AM

I think someone just want trick you because how can you tell that paypal is scam? I am using paypal since i want something from internet when i don't have credit card to use to buy that item or just for paying some good services online and paypal is really good and good performance as well.

maybe you're right. I also do not believe that to be a scam paypal. to my knowledge, paypal payment processor is the most reliable on the internet, besides paypal also has a security system that is greater than any other payment processor. so I feel that paypal does not may be a scam. maybe you do a little mistake about it

They are just halving some problem about paypal like other said they are scam in buying bitcoin and charge back from paypal..
Or no refund policy in what you are buying.. paypal is just like arbitrage or escrow that giving buyers and sellers protection.. its just a payment processor.. our accounts is our own security how matter you protect your account it depends on you..

hawkins

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Quote from: The_prodigy on October 28, 2016, 04:24:47 AM

I think someone just want trick you because how can you tell that paypal is scam? I am using paypal since i want something from internet when i don't have credit card to use to buy that item or just for paying some good services online and paypal is really good and good performance as well.

maybe you're right. I also do not believe that to be a scam paypal. to my knowledge, paypal payment processor is the most reliable on the internet, besides paypal also has a security system that is greater than any other payment processor. so I feel that paypal does not may be a scam. maybe you do a little mistake about it

mastica

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Quote from: avikz on October 28, 2016, 10:41:20 AM

I have been using paypal since last 8 years and I never had any issue with them. I agree that paypal is stricter in KYC because they work in conjugation with the local government. So they have to maintain all these.

So if you have your KYC done and transacting within the prescribed limit, there should be no problem with paypal ever. My account is a verified account and I have been transacting with them smoothly since last 8 years and never had any issue till date. Just remember, paypal is not a place to transfer your black money and even if you do, do it in smaller amounts.
[/quote

The meaning of black money you mean, money taken or got from some dark business, but paypal will ask where the money is come, the paid to click had several issues till they allow and grow the volume into circulation, i doubt the dar money its possible to clean for a long period.

romero121

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These were very rare incidents, most users here have quoted that they have been with paypal for a long time. Till now haven't encountered any such issues to report it as a scam. As a company which has got worldwide users never make mistakes to get a negative or bad impression over its users as well new comers. Everywhere human error happens, same is here which needs some time to get resolved.

avikz

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I have been using paypal since last 8 years and I never had any issue with them. I agree that paypal is stricter in KYC because they work in conjugation with the local government. So they have to maintain all these.

So if you have your KYC done and transacting within the prescribed limit, there should be no problem with paypal ever. My account is a verified account and I have been transacting with them smoothly since last 8 years and never had any issue till date. Just remember, paypal is not a place to transfer your black money and even if you do, do it in smaller amounts.

Betwrong

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Quote from: ObscureBean on October 26, 2016, 05:03:17 AM

Quote from: Gotomoon on October 25, 2016, 11:36:42 AM

Quote from: Labumi on October 22, 2016, 08:31:16 AM

Quote from: arseaboy on October 22, 2016, 08:25:43 AM

No.. Paypal is definitely not a scam. It's a very big corporation which I doubt that they won't do anything that is illegal. It's their reputation will be on the line if they would do such scam because paypal uses by millions of people all around the world and it will be a big lost for them if that happens.

Well that is certainly true. If paypal fraud then can be sure his reputation will go down, and those who feel deceived by paypal will get huge advantages if they reported the incident to the paypal company. So, chances are that we are experiencing an error or in violation of the procedure that has been set by paypal. so this is not a scam

The Paypal protects the frauderest in some occasions. The charge back system works well for scammers.

No system can ever be perfect and that of course includes PayPal but in a lot of cases you can minimize risks. First thing before you even start using PayPal, it's a good idea to read and understand their terms and conditions, something that most people never do. Once you know how they work, it will be easier for you to follow good safe practices when trading.

Those terms and conditions are written generally in very small letters and taking several pages if not more. Nobody ever reads them, me neither. That's why the only way to minimize the chances to be scammed is relying on established companies with very good reputation and PayPal with its 188 million users is definitely one of them.

Febo

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Quote from: Daneric on September 18, 2016, 01:40:44 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.

I bet Paypal is exactly what is written on their fine print page you confirmed when you signed in. If you didn't read it, then you might think you got scammed. Or you got scammed in school where they convince you can read but you really cant.

The_prodigy

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I think someone just want trick you because how can you tell that paypal is scam? I am using paypal since i want something from internet when i don't have credit card to use to buy that item or just for paying some good services online and paypal is really good and good performance as well.

@prashant

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Quote from: Wandering Soul~ on October 26, 2016, 10:59:14 AM

Paypal is definitely not a scam, it's just that they have a strict rules and regulation. I suggest that when applying/entering for something especially when it's money related , We should read it's terms and condition and other important info's .

But it is a fact that paypal has a poor service. I guess that since it's too popular and widely used, They can't accommodate all their customers.

Thats right paypal is one of the major digital payment company/service across the world.they were widely used and even now majority of digital payment are done by PayPal in US.after they have introduced refund back policy ,it made their service poor and less used by users.

Wandering Soul~

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Wolf

Paypal is definitely not a scam, it's just that they have a strict rules and regulation. I suggest that when applying/entering for something especially when it's money related , We should read it's terms and condition and other important info's .

But it is a fact that paypal has a poor service. I guess that since it's too popular and widely used, They can't accommodate all their customers.

Doamader

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Quote from: J Gambler on October 26, 2016, 07:47:58 AM

Quote from: adi33 on September 20, 2016, 08:23:00 AM

what is in your mind that you say paypal scam ?. possible regulations that restrict paypal. because now a lot of scams that use paypal as a payment

I think someone trick him thats why his telling that paypal is scam i use paypal since i started business with internet and i never encountered in problem with paypal i use also paypal to pay online as payment this is number payment method in the online shops. lmao and then accusing paypal is scam.

There are some transactions they get disputed between seller and buyer, usually paypal follow the law and refund accordingly those, but there are some bad people using and abusing those system, damaging others with paypal rules. Paypal has and its a trusted companie that co-works with in the general only trusted websites, you dont see hyip with paypal, if you see such be sure its a scam attempt nothing else.

J Gambler

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Quote from: adi33 on September 20, 2016, 08:23:00 AM

what is in your mind that you say paypal scam ?. possible regulations that restrict paypal. because now a lot of scams that use paypal as a payment

I think someone trick him thats why his telling that paypal is scam i use paypal since i started business with internet and i never encountered in problem with paypal i use also paypal to pay online as payment this is number payment method in the online shops. lmao and then accusing paypal is scam.

Mastsetad

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Practically, every service has problems or every thing will face some problems in some of the things involved with them, even in bitcoin now a days a lot of people are facing confirmation problems but just because of a few problems we cannot call the service a scam.

Samadur

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Quote from: Monetizer on October 26, 2016, 05:08:42 AM

I don't think PayPal have very good customer service anymore but I do not think they are a scam. I really miss seeing the "Change the world" ambition the old owners used to have, they used to talk about how PayPal is revolutionary in how it can protect poorer users being exploited by their government through inflation and such.

I also think that Paypal has died. And the service they really were not at the highest level. Came logical end is not very good service

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