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Is Pay Pal safe ?


kelly's picture

By kelly - Posted on 15 June 2008

Your rating: None Average: 5 (1 vote)

I've heard a lot of different stories what do you think?

Valen's picture

But as of date i dont think so. They had a database change recently ( http://www.paypaldeveloper.com/pdn/blog/... ) and after this there were a lot of problem in using paypal.

A world renounced company statcounter was affected by paypal recently. They made double billing to their customer. Then paypal didnt give the log sheet of whom payed and all these stuffs went on for a month. There was no support from paypal. So paypal is not a safe place to use as of now.

I have also heared that they suspend your account if your ip address is same that of a hacker. For this what can you do...????. They have such a poor security measures. A lot of people have been affected by this.

Read Paypal problem with statcounter at
1) http://blog.statcounter.com/?p=74
2) http://blog.statcounter.com/?p=88

Read on more about paypal ditches
1) http://www.aboutpaypal.org
2) http://www.aboutpaypal.org/paypal_fraud
3) http://www.paypalsucks.com

I hope i have answered you to the fullest. It took me 30 minutes to prepare for this answer....

Daniel's picture

Create a clever password that contains numbers and letters and don't share the info with anybody. You'll be fine. I've had a PayPal account for about 5 years. I use it several times a week to receive funds and make payments; never had a problem.

I had someone from over seas try to wire money through western union using my paypal information (which I didnt give). Luckily my bank caught this before it happened otherwise they would have stolen (or attempted to) several $1000's of dollars. In reality, they would have only gotten about $100.

Be as cautious as you would with everything else on the internet.

Yes, it's a legitimate company owned by Ebay.

With all the crackers everywhere, i'm not sure anymore

Syncopator's picture

I have used it quite frequently over the last few years and never had a problem.

Equal rights for equal responsibilities.
Equal opportunitues for equal abilities.

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