Newest Review: ... the menu at the top but the actual transfer is a bit on the slow side. I transferred some money to a friend and it took the best part of... more
Pay me Pal!
Member Name: PBlunts
Advantages: Secure transactions/ clear if not misguided rules!
Disadvantages: The paypal scammers! Beware!
Paypal is one of the most widely used and recognised internet payment services around today.
Paypal allows buyers to sercurely pay for their items without giving their credit card details to the seller. It also allows sellers to recieve payments in a safe and secure manner. Paypal charges per transaction which it states can be paid by either party but this is mostly paid by the seller.
I am a seller and buyer on Ebay so I have used Paypal many times. I do think they offer a worthwhile service and although it is expensive (very expensive!!) they do what they say. However, as with most things it is the users which have unfortunately given Paypal a bad name.
Paypal has very clear rules which are cleary being abused by both buyers and sellers. There seem to be a lot of people who have seen the flaws in Paypals dispute system and are cleary using it for their personal gain. I won't go into details of what they do but it is easily searched for. Even though I have personally never had any problems I have seen friends and family being scammed to know it can easily happen.
My best advice when it comes to Paypal for sellers is always send recorded and keep your proof of posting forever. And for buyers is to ensure you always buy from a reputable seller and always communicate with the seller about any problems, as this is sometimes easier and more polite than going straight to Paypal.
I am a user of Paypal so I cannot say it is a bad system but I always advise people to read, read, read BEFORE buying or selling on the net and ask others for advice.
Summary: Pay me Pal!