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Topic: Is Paypal a scam? - page 55. (Read 50555 times)

sr. member
Activity: 338
Merit: 250
September 20, 2016, 03:59:18 AM
#66
Who has told you that the bitcoin is a scamm paypal is far from a scamm bitcoins are scammed everyday but paypal how can you think it is a scamm you are crazy
legendary
Activity: 1148
Merit: 1000
September 20, 2016, 03:43:23 AM
#65
[...]
Where you sell your something? i think thats why you are just receive the payment but they are chargeback i think you are just paying for fee for your transaction.. Paypal is not scam. its a big company..

Fraudulent chargebacks and arbitrary account freezing are reported by a lot of paypal users. The size of the company is irrelevant to the case. Scams can grow to huge proportions without problems if the people managing the scam are exploiting mass psychology.

If Paypal is a scam to you or not, depends on how you define a scam. In my opinion their business behavior is systematically unethical when it comes to spying on its users, arbitrarily freeze accounts with large sums on it and facilitating fraudulent chargebacks by not properly investigating the true circumstances of an alleged complaint - that all combined with charging fees to use their "service". I feel great joy of never having been their pal.

Luckily, Paypal can't compete against Bitcoin when native Bitcoin payments (without idiotic fiat conversion) become the norm...

ya.ya.yo!

You are right buddy. PayPal might not be a scam as I put it but the fact that they are allowing scammers to go scot-free is what concerns me. Their policy of chargebacks is what is hurting most. You a genuine business but someone fraudulently disputes the transaction and the money is reversed, and the idiot has your goods.

I've thought about this before, what if they gave users control over the chargeback feature? Say you're a newcomer and you're buying from a reputable seller, the guy might not want to deal with you because you could charge back as soon as you receive the item right? What if you could disable chargeback for that particular transaction? You would just need to check some box that you understand that you're taking full responsibility for the transaction. And that if for any reason you don't receive the item you agree to forfeit your money. Of course the seller would be aware that chargeback had been disabled that you're prepared to take all the risk.
full member
Activity: 224
Merit: 100
September 20, 2016, 03:15:16 AM
#64
[...]
Where you sell your something? i think thats why you are just receive the payment but they are chargeback i think you are just paying for fee for your transaction.. Paypal is not scam. its a big company..

Fraudulent chargebacks and arbitrary account freezing are reported by a lot of paypal users. The size of the company is irrelevant to the case. Scams can grow to huge proportions without problems if the people managing the scam are exploiting mass psychology.

If Paypal is a scam to you or not, depends on how you define a scam. In my opinion their business behavior is systematically unethical when it comes to spying on its users, arbitrarily freeze accounts with large sums on it and facilitating fraudulent chargebacks by not properly investigating the true circumstances of an alleged complaint - that all combined with charging fees to use their "service". I feel great joy of never having been their pal.

Luckily, Paypal can't compete against Bitcoin when native Bitcoin payments (without idiotic fiat conversion) become the norm...

ya.ya.yo!

You are right buddy. PayPal might not be a scam as I put it but the fact that they are allowing scammers to go scot-free is what concerns me. Their policy of chargebacks is what is hurting most. You a genuine business but someone fraudulently disputes the transaction and the money is reversed, and the idiot has your goods.
hero member
Activity: 840
Merit: 501
Strength in Numbers
September 20, 2016, 02:02:06 AM
#63
I have experience some disasters with paypal, when I try to transfer my $20 from paypal my bank what happened is that the money didn't succesfully transferred to my bank account.

And what happened they still do charged me $5 because of it and I am so pissed that they have done unsuccessful transaction and still do charge me.

But I complained and they helped me and give back that money.
legendary
Activity: 1400
Merit: 1001
September 19, 2016, 09:49:34 PM
#62
PayPal got worse when they got big. Before their ultimate corporate time they weren't sucking so much.
But again: why do we have to use PayPal if there are so many alternative payment options available?
I am not even talking about cryptocurrency here. PayPal is not the the one FIAT payment system.

The best PayPal alternatives I know:

1. Amazon Payments - hands down the best service - no fees for either receiving or sending money.

2. Dwolla - you will pay 25 cents to receive money.
legendary
Activity: 1806
Merit: 1024
September 19, 2016, 07:19:30 PM
#61
[...]
Where you sell your something? i think thats why you are just receive the payment but they are chargeback i think you are just paying for fee for your transaction.. Paypal is not scam. its a big company..

Fraudulent chargebacks and arbitrary account freezing are reported by a lot of paypal users. The size of the company is irrelevant to the case. Scams can grow to huge proportions without problems if the people managing the scam are exploiting mass psychology.

If Paypal is a scam to you or not, depends on how you define a scam. In my opinion their business behavior is systematically unethical when it comes to spying on its users, arbitrarily freeze accounts with large sums on it and facilitating fraudulent chargebacks by not properly investigating the true circumstances of an alleged complaint - that all combined with charging fees to use their "service". I feel great joy of never having been their pal.

Luckily, Paypal can't compete against Bitcoin when native Bitcoin payments (without idiotic fiat conversion) become the norm...

ya.ya.yo!
legendary
Activity: 2030
Merit: 1030
Privacy is always important
September 19, 2016, 01:17:13 PM
#60
Paypal can be a scam but i dont think there are allot of people knowing this because paypal is used by allot o fpeople and i think that the persons who are using the bitcoin are saying paypal is a scam becuase they want to let you use th ebitcoin.

To me, in one occasion, paypal is a scam. I sold something and get paid with paypal. That person asked for a charge back.
Where you sell your something? i think thats why you are just receive the payment but they are chargeback i think you are just paying for fee for your transaction.. Paypal is not scam. its a big company..
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
September 19, 2016, 01:15:38 PM
#59
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 had use paypal for almost 8 years and i did not get any trouble with those years. I don't know now because i am not using it anymore because of Bitcoin.If there are many people complaining about Paypal better not use it until the problem is solve.

you was able to get rid of paypal and use bitcoin for everything? how you did it? it's impossble if you want to sell item very fast like with ebay, and some service online require only paypal
sr. member
Activity: 719
Merit: 250
September 19, 2016, 01:11:12 PM
#58
Paypal can be a scam but i dont think there are allot of people knowing this because paypal is used by allot o fpeople and i think that the persons who are using the bitcoin are saying paypal is a scam becuase they want to let you use th ebitcoin.

To me, in one occasion, paypal is a scam. I sold something and get paid with paypal. That person asked for a charge back.
full member
Activity: 224
Merit: 100
September 19, 2016, 12:59:07 PM
#57
My problems with Paypal actually started when I sold 1 bitcoin to a person who had Paypal funds. I did not know that he was a scammer until I realized that the paypal funds had been reversed. I had already released my bitcoins and he went ahead to reverse the transaction. Paypal immediately put my account under limitation. After 180 days, the balance was made available for withdrawing. Unfortunately, I have been unable to withdraw because I don't have a US bank account. If someone knows how can go about to withdraw I will appreciate. The account is still under limitation but the balance can be withdrawn.
hero member
Activity: 2506
Merit: 644
Eloncoin.org - Mars, here we come!
September 19, 2016, 12:27:44 PM
#56
PayPal was built to actually prevent scam on services like eBay.
That's why it allows charge back.
Now its popularity is not as big as its growth so it charges quite a lot and do dirty tricks to squeeze more money from you (currency exchange).

While I would advise everybody to be cautious when using PayPal, it would be wrong to say that they scam.
But while they don't care to understand cryptocurrency, they provide a great tool for scammers.

Paypal is simply a service.  It was one that came at a great time and stills serves its purpose.  For a business, especially one that is mobile or online, they give the business the ability to accept funds when they normally couldn't.
legendary
Activity: 1526
Merit: 1001
September 19, 2016, 12:14:35 PM
#55
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.

It's not only you who are issue with paypal, I had many times issue with them even though I many times wanted to not use it but still ended using it because it's safer than putting the card details as plain text. Try contact their support.
legendary
Activity: 1120
Merit: 1000
September 19, 2016, 12:13:37 PM
#54
it's absolutely not a scam site, i had use paypal for 4 years if i'm not wrong however when i ask the seller are they accept paypal or not? most of them sugested me to used other payment processor like payoneer now bitcoin is most popullar, they had some stories scammed by the buyers like dispute money, dealing with account hacked or something , now bitcoin is a solution where there is no feature like dispute money on it's system.
full member
Activity: 154
Merit: 100
September 19, 2016, 11:47:21 AM
#53
i thin you very newbie in make money online
and you say paypal scam, paypal legal company in singapore pay tax
and you now ebay the best number one store online one group company paypal

you reference to say paypal scam is not reputable and trusted , but your follow
hero member
Activity: 1134
Merit: 502
September 19, 2016, 11:33:09 AM
#52
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 had use paypal for almost 8 years and i did not get any trouble with those years. I don't know now because i am not using it anymore because of Bitcoin.If there are many people complaining about Paypal better not use it until the problem is solve.
hero member
Activity: 756
Merit: 500
September 19, 2016, 11:21:18 AM
#51
Paypal a scam? Ha, c'mon, the site has s brutal security system and it's very correct in every service they offer. I really like Paypal and I use it since 2006 and even in local markets, extreme far away markets -- I recharge pre paid cellphones, I already bought a mining farm in 2014 when I was in Seoul and I even bought a motorcycle --, never had a problem because I know that Paypal is not a easy to chat company. Even using as a merchant in a period before Bitcoin they were very gently and very quick to pay me for the stuff I sold in Ebay. Many BTC users hate Paypal but I really like.
legendary
Activity: 1554
Merit: 1054
September 19, 2016, 08:35:47 AM
#50
Paypal can be a scam but i dont think there are allot of people knowing this because paypal is used by allot o fpeople and i think that the persons who are using the bitcoin are saying paypal is a scam becuase they want to let you use th ebitcoin.
paypal is just near to impossible to turn into scam,the company already verified,and all of the employees and the owner already being known by the govenrment of the country where they starting business,turn into scam will only result the owner of the company to be prisoned
But, any business may get bankrupt at any time and Paypal is just a centralized business and it is simply dependent on its higher officials. If they get into any malpractice, then one one will be able to save it.

Now just think about bitcoin, no officials and central power. We just dependent on ourselves. We trade, we decide our worth.
hero member
Activity: 2996
Merit: 524
Leading Crypto Sports Betting & Casino Platform
September 19, 2016, 08:08:22 AM
#49
Paypal can be a scam but i dont think there are allot of people knowing this because paypal is used by allot o fpeople and i think that the persons who are using the bitcoin are saying paypal is a scam becuase they want to let you use th ebitcoin.
paypal is just near to impossible to turn into scam,the company already verified,and all of the employees and the owner already being known by the govenrment of the country where they starting business,turn into scam will only result the owner of the company to be prisoned
sr. member
Activity: 336
Merit: 250
Bravity is beautiful.
September 19, 2016, 04:38:34 AM
#48
Ofcourse paypal is not a scam it's just a very annoying company. Often they freeze funds for no apparant reason. They will give it back once you verify your whole damn life but it's super customer unfriendly and they do this because often people can't verify and then the money is theirs.
member
Activity: 65
Merit: 10
September 19, 2016, 04:35:14 AM
#47
Much peopel say that bitcoins is a scam and that is off course not always true  Because there are also allot of peopel who says paypal is one big scam but trust paypal many times more than the bitcoin!
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