Paypal.
Protection.
Contradiction in terms.
Hint - I was one of the "class" in that class-action lawsuit against Paypal several years back, and there's a lawyer firm looking at filing ANOTHER class action lawsuit over mostly THE SAME ISSUES that Paypal signed a consent decree to CHANGE after the first time around.
It might be but through paypal you have to agree you have more protection then if you sent BTC. Btc cannot be reversed so it's gone forever if problem and other person does not send back. With paypal if you get shipped a dud miner you might get money back. No it's not guaranteed 100 percent but still far higher then if it was BTC.
There is also seller protection but I'm unsure how much it helps. Reading it sounds pretty good I recently sold something to 0 feedback and decided to risk it so far a week later no issues. But granted it was not to high dollar of item or I would have canceled transaction.
No, I do NOT agree. PAYPAL ITSELF has a long bad track record of rippiing people off, or at best being VERY VERY SLOW to pay off on valid sales with ZERO explanation given.
Guess you're looking at it STRICTLY from a buyer viewpoint - where they might offer a little protection.
They offer a MUCH HIGHER probability of a seller getting ripped off.
Their so-called "seller protection" is a flat out LIE.
Please mention when you cut someones comment in a 1/4. You will see I agreed I was unsure how much seller protection helps as stated.
I'm not sure on slow payment. If you have a new account with certain things yes they hold money for a while as escrow. As long as you have a account that has been selling for a long time payment is not a issue, at least it has not been for me. I have sold a long time though but it's instant payment after they pay for auction on my account.
It is normally on buyer's side I think that is true. When I sell I normally put a high price with buy-it-now and pick who I want to win from offers. That is most effective tool I have found as a seller to try to get good buyers.