Is Paypal a scam?

[buxlover]

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 a can tell you in simple words, paypal is scam for receiver. So this the reason most trust paypal because buyers are more than sellers, so a buyer can easily raise issue and as for refund and as per paypal policy seller at most times will not be able to prove his point if he is not selling a physical product.

Since most buyers believe in paypal because of the security they are giving for refund, sellers have no option than to adopt paypal else loose some business

[Hugroll]

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.

paypal is a legit company that has been around for many many years. they do limit accounts alot but ive never seen a case where they have proved of fraud. imo paypal is a completely legit company that just handles things a bit wrong.

[Doamader]

Well the hyip or cyclers had used paypal and some accounts get blocked because people do open the account as company without have on, as the transactions volume is high. But i dont remember really anyone reporting they frozened the account without any reason, because they are legit and several years at the market with their services.

[arikassuja]

just have a little money in paypal

[Hellacopter]

Paypal is legit company, but personally i don't prefer to use it , it's freezing accounts without reasons mostly and it have many restrictions and limits. Bitcoin is a lot better than Paypal, in my opinion

[social crypto coin]

only newbie can say paypal scam
paypal is reputable and trustred company
paypal group include ebay
you know ebay this store online market placed the best in the world

[universe_]

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.

paypal is a legit company that has been around for many many years. they do limit accounts alot but ive never seen a case where they have proved of fraud. imo paypal is a completely legit company that just handles things a bit wrong.

thats true, it helps people a lot and it is definitely not just a scam, i use it too really often and i think its great

[warwar]

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.

paypal is a legit company that has been around for many many years. they do limit accounts alot but ive never seen a case where they have proved of fraud. imo paypal is a completely legit company that just handles things a bit wrong.

thats true, it helps people a lot and it is definitely not just a scam, i use it too really often and i think its great

I agree. We cant say that paypal is a scam because of that ! I believe that it is an error in their system or something unlucky something went wrong. But the paypal devs or supports will assist you to solve the problem. They are really big and they are not scamming users.

[nejibens]

Paypal isn't scam of course, they are big and legal company, and they have good reputation. But personally i prefer always dealing with Bitcoin instead Paypal, whenever its possible

[1btcdream]

Paypal isn't scam of course, they are big and legal company, and they have good reputation. But personally i prefer always dealing with Bitcoin instead Paypal, whenever its possible

Only those people who have not lost money or not really using paypal will say it isn't scam. They steal customers money with hidden fees and if you're not lucky they will lock and limit your account for whatever reason.

[Kyhm]

 

Paypal is not a scam... As you can see they are preferred company that so many sites recommended to use.
Paypal uses a fast transaction compare to other and where you can put trust.
Maybe the problem that you encountered was because you put wrong info of yours so when the time you had transaction there were an error..

[Backside walkaround]

A scam?  No.  That's much different than having some shady business practices,  which they do.  They're regulated by the government,  so they're nowhere near as scammy as most bitcoin business 'opportunities'.  And I've found paypal to have its uses.

[23dzmaz]

I think paypal is not a scam, it just a bit complicated to use paypal, not like bitcoin that it's super easy to use bitcoin, not rules and no verification on the bitcoin wallet.

[clickerz]

Paypal is legit company, but personally i don't prefer to use it , it's freezing accounts without reasons mostly and it have many restrictions and limits. Bitcoin is a lot better than Paypal, in my opinion

Yes it is legit, and follow the strict implementation of the laws. Beside from that, it has a very high transaction fees. Its not convenient for me compared to bitcoin that its fast,reliable and cheaper.

[sbtctalk]

If you get an account frozen by paypal, is there any way to get it back by visiting their office? Is there any resource for a forced-closed Paypal account?

[Taki]

I have never heard something like that about PayPal. I use that service for my buyings on eBay and I was always satisfied by it's work. Never had any problem with payment and returning money in the case of bad goods' quality.
But yes, ut is true I have some kind of fear of the service's protection, there are many hackers in this world and I think noone can protect their service on the net with 199% guarantee. So cause of that i don't hold money there, just use it for some transactions and it happents even not so often.

[goinmerry]

In my opinion, if it is online then it can have a higher percentage to be a scam. Most of us dont monitor it or they could tell lies which you would not know it is a lie for you dont see their faces when they talk. I can create a lot of stories here and you would not even know if I am telling the truth.

[babsalt1975]

I used paypal for a long time before knew bitcoin and it was never occurred any problem, i recently juts using it to bought something and it was prefect, i think there is a reason why paypal is blocking somebody account, its impossible a big and trusted company just go blindly and froze everyone's account

yeah there's always reason but sometimes the reason just make no sense,they're limiting an account because of making a transaction and etc which is quite silly and strictful,you'll felt really unpleased and unsatisfied when you're using their service though even they're doing this for the sake of security,there's still some people getting hacked

I think PayPal are being unfair to people and they don't contact proper investigations before freezing an account. Imagine a case where you are selling an item online and the buyer is paying you using PayPal. You will not know whether the person is hacking someone's else account or not. He will send you the money but PayPal will go ahead and freeze your account also just because you received money from a hacked account.

[Shiroslullaby]

Yes unfortunately Paypal is very strict and in certain situations will freeze an account to "protect the customer".
It can be inconvenient but its better than having your money or identity stolen.
Dealing with big companies can be a pain because you are basically at their mercy if you want to use their service.
But they provide a service with such universal access you may not have a choice, unfortunately.
You probably can't beat them so you might not have a choice but to join them.

[enomin]

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 -_-.