Is Paypal a scam?

[betohell]

I don't think that the service itself is a scam, but I do think that there are some paypal users that are scammers. I do still use paypal though since it is widely used, I just don't like the fees and the fact that my account could potentially get limited -_-.

paypal yeah not that be a scam, but many people are using paypal bug to take money from customer accounts from paypal. or can be called carding paypal, so you have to be careful with the crime

[1714307167]

1714307167

[1714307167]

1714307167

[1714307167]

1714307167

[sbtctalk]

I suspect the chargeback norms differs from country to country, state to state. Theres no uniform regulation regarding bitcoin sales, are my assumptions correct?

[BitcoinPC]

The one drawback to Paypal is that a buyer can argue with a sale later.  A seller has to know what they are doing to not lose that money. Many people just sit back and lose the cash, while a good Paypal person, knowing the system can argue back and usually win.  If you send money with Paypal, document the reason and the same is more true for receiving funds.  Take a picture of something that you sell and take a picture of shipping items too.

[Dizaster2015]

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.

And I have never had a problem with Paypal. I trust them more than a Bitcoin. How many years in the market Paypal and how much is Bitcoin?

[Sweetbtc]

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.

And I have never had a problem with Paypal. I trust them more than a Bitcoin. How many years in the market Paypal and how much is Bitcoin?

Paypal and eBay worked together to make sure that no one got shafted on either end and I even sold a few things back then and Paypal ate the charges on one sale so that both the buyer and myself were happy.

[crairezx20]

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.

And I have never had a problem with Paypal. I trust them more than a Bitcoin. How many years in the market Paypal and how much is Bitcoin?

Paypal and eBay worked together to make sure that no one got shafted on either end and I even sold a few things back then and Paypal ate the charges on one sale so that both the buyer and myself were happy.

Paypal is good for buying stuffs or services online because they have a buyers protection but paypal is not so easy to use unlike bitcoin but i dont here that paypal is scam. unless if you deal to someone to sell bitcoins and payment is paypal funds anytime they can reverse the payment.

[krishna1]

paypal is not a scam it is rather an very popular and trusted company but they have adppted more like the banking system so they have control over the money and at all the transactions so some user use reversepayment system to take their koney bank and it is possible upto 180dayd

[20kevin20]

PayPal cannot be a scam. Despite the fact that it is accepted by many BIG companies worldwide, it has one big con: refundable transactions. This doesn't help the companies at all, and Bitcoin takes PayPal over when it comes to the scams. However, having Bitcoin as a payment method instead of PayPal isn't such a great idea because of the Bitcoin's popularity.

[xIIImaL]

paypal is not a scam it is rather an very popular and trusted company but they have adppted more like the banking system so they have control over the money and at all the transactions so some user use reversepayment system to take their koney bank and it is possible upto 180dayd

I don't think so, PayPal is involved in do many kind of scams and it involved in email scam as well. So better switch with the Bitcoin as the payment mode instead of PayPal to be a payment mode.

[crairezx20]

paypal is not a scam it is rather an very popular and trusted company but they have adppted more like the banking system so they have control over the money and at all the transactions so some user use reversepayment system to take their koney bank and it is possible upto 180dayd

I don't think so, PayPal is involved in do many kind of scams and it involved in email scam as well. So better switch with the Bitcoin as the payment mode instead of PayPal to be a payment mode.

There is other people are involving about scam using paypal. if they dont read the terms they can not get refund.. like we are dealing in bitcoin they are reverse the payment in paypal thats why they are not accepting anymore unless if the bitcoin sell is reputative here in our forum.

[passwordnow]

PayPal cannot be a scam. Despite the fact that it is accepted by many BIG companies worldwide, it has one big con: refundable transactions. This doesn't help the companies at all, and Bitcoin takes PayPal over when it comes to the scams. However, having Bitcoin as a payment method instead of PayPal isn't such a great idea because of the Bitcoin's popularity.

Yes they are not scam but there are abusive people who are using paypal to their scam activities. I have experience that I am selling something online but it tends that the buyer upon receiving my product, what he does was reverse the payment. So it is very disgusting and I complained to the paypal but they can't do anything about it.

[cakravothy]

only newbie can say paypal is scam
paypal is reputable company, and real company
in paypal group include online store ebay, so still now is very trusted and not scam

[jtipt]

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.

Like many more people have said, No paypal is not a scam. It's a huge company and has been around for years now and alot of people use it from online transactions because of its ease of use. But the scams that you are talking about are mostly from the sellers side or something PayPal has nothing to with it.

[Zadicar]

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.

Like many more people have said, No paypal is not a scam. It's a huge company and has been around for years now and alot of people use it from online transactions because of its ease of use. But the scams that you are talking about are mostly from the sellers side or something PayPal has nothing to with it.

You are right , there no way for paypal to be a scam since they are  a huge company and its been used already for how many years  as you mentioned  most scam do happen  on  sellers side and sometimes  on buyers side especially  on those people  who  bought bitcoin   by paypal and then they request for a chargeback which  is  giving some  bad reputation on the  service of paypal.

[Qunenin]

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.

Like many more people have said, No paypal is not a scam. It's a huge company and has been around for years now and alot of people use it from online transactions because of its ease of use. But the scams that you are talking about are mostly from the sellers side or something PayPal has nothing to with it.

Let me give you an example. I get the Paypal debit card.  There are two versions, but both allow you to immediately move Paypal funds to a card.  It is actually a cloaked Netspend card, but you never know that.  If I send you $100, you get it, move it to the card and I dispute the TX, the dispute goes badly and Paypal takes the money back, your Paypal account will go negative, but those funds on the card cannot be touched.  Funds might be taken from a linked bank account though, so be careful.

[Dudeperfect]

I was a genuine regular user of paypal but since there were serious restrictions imposed on paypal in my country I started preferring bitcoin. I don’t think paypal is a scam but yes I feel that they seriously need a self assessment to improve the quality of user experience. They have many buyer favoring policies so no one is ready to deal bitcoin to paypal deal since transactions are reversible even after several weeks, they need something which would favor both buyer and seller.

[Seansky]

Just my suggestion though, If your having problems with paypal switch into using bitcoin fully for transactions. It will be hard though to find items you want to buy online using bitcoin since only a few stores accepts bitcoin but with bitcoin you know too that you wont have problems since you already know how bitcoin works and you know bitcoin aint a scam.

[virasog]

The key to Paypal is understanding Paypal.  They are the kings of CYA or "cover your ass".  People screw them all the time.  They set up a new bank account, new Paypal account and link the two. 

[virasog]

The key to Paypal is understanding Paypal.  They are the kings of CYA or "cover your ass".  People screw them all the time.  They set up a new bank account, new Paypal account and link the two. 

They jump through enough hoops that Paypal auto accepts charges and sends them to the bank account and then they send as much as possible, as quickly as possible to another Paypal account and then stripe the funds to a card.

[severaldetails]

I like paypal as a payment method.
Ebay or online purchases that are delivered to my home address, I do them mostly with paypal.
I think it is easy to use, and if something goes wrong they have already helped me to get my funds back.
But I never keep any money on my account there. Just like I try to avoid having bitcoins on exchanges.