Author Topic: Is Paying By paypal Safe?  (Read 1047 times)

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Offline Ganja

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Is Paying By paypal Safe?
« on: September 27, 2006, 06:16:58 PM »
Hi. I've always thought that Paypal was a secure form of payment for buyers, but after going to this site, i'm not so sure. The website is http://www.nopaypal.com and it has member discussions regarding paypal. Could Paypal be the new breeding ground for scammers on Alibaba? Please post here if you've had any troubles with paypal or if you think paypal is safe or not. Thanks.

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No, Paypal is not safe. It is relatively safe when you purchase something through Ebay and get the buyer protection (up to $1000). The buyer protection if only offered if the seller is eligible to provide it. I have spoken to Paypal several times about this matter and the general consensus is that they do not offer protection outside of Ebay. Yes, you can file a claim if you get ripped off but you most likely won't see anything. As far as the UK goes, stay away. There are legit UK dealers, but not many and even less on Alibaba. Always use CC when purchasing (and not AMEX). Also, insist on flying out to meet the person before making a transaction. If they resist, they are a fraud. Be careful...

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I myself prefer paypal as a secure payment processor.

1. Paypal verifies your account - assures the buyer who you are
2. Paypal verifies the buyers account - assures the seller who you are.


I use paypal for most all my online transactions and will tell you. Yes, they do offer protections outside of ebay. I have not ever sold anything from ebay.

The buyer protection if only offered if the seller is eligible to provide it.
This would prove that the seller is a real person and have made several legit transactions. Most have to be verified to provide the protection (meaning that there checking, debit, Credit Card and address has been checked.)

I would say that it is pretty safe.

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I assure you Paypal IS NOT SAFE outside of Ebay. I have had several conversations with Paypal's fraud department. They made it clear that they can do little or nothing with a transaction goes bad if it is done outside of Ebay. Paypal is only safe (and only up to $1000) if it is used in an Ebay auction. Sure, you can file a claim if you get robbed outside of Ebay, but you will most likely receive nothing.

But Paypal isn't all bad :). Someone that has a Paypal account is generally more trustworthy than someone without. Being a verified member is a plus. And Paypal is much safer than Western Union or bank transfer.

But please don't go making a purchase from a shady "seller" just because you think you have Paypal protection. The fact is, you don't. Scammers are now accepting Paypal. I spoke with a Nigerian offering 4 gb nanos with 2 day shipping at $75 a piece. Now I would wager my house vs $1 that he is a scammer. He accepts Paypal. (his ID is [email protected] by the way). I hope you see now that Paypal is not safe. If you still think it is why don't you buy some "nanos" from this Nigerian using Paypal? Quite a deal. (just kidding please don't do that)
« Last Edit: December 31, 1969, 07:00:00 PM by Guest »

Offline Dr Phil

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Is Paying By paypal Safe?
« Reply #1 on: September 28, 2006, 03:28:03 PM »
Paypal sucks just as much for sellers as buyers. Check out paypalsucks.com. I was about to be kicked out of my rental a few years ago and had to resort to selling a bunch of my nice stuff on ebay. So I get rid of some pretty nice stuff I had (computer, stereo.. basically all my stuff other than clothes and my tv) amounting to about two grand total after a month of selling stuff. So I am about to transfer the money from my paypal account to my bank account so I can pay my bills and paypal puts my account on a freeze. They froze my account for three weeks, totally fucking me over for absolutely no reason at all. It took me weeks of calling, and the only way I got my account released was by following the steps on paypalsucks.com because aparently this happens to a lot of people. So if you are going to use paypal to sell, transfer your funds regularly and don't let it pile up, because they might just decide they want to keep it.
It's a scam they are doing purposefully, they get to hold over tens of millions of dollars in frozen assetts for bullshit security concerns to the next month and make interest off that money they are holding. Fuck paypal.
« Last Edit: December 31, 1969, 07:00:00 PM by Guest »
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Offline Ganja

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Is Paying By paypal Safe?
« Reply #2 on: September 28, 2006, 05:02:11 PM »
Damn, I'm glad I asked! Guess that leaves paying by credit card and hoping for the best?  :scared:
« Last Edit: December 31, 1969, 07:00:00 PM by Guest »