I've read many horror stories about Paypal, but it must be judged individually, depending on the way it is used. As a seller, it is good to have quick payment so the goods can be shipped and the transaction closed. If you're a seller who uses Paypal, it's very important to use some type of delivery confirmation if an issue arises where someone claims they don't receive their goods. PayPal will usually ask for proof. If you cannot provide a tracking nimber or delivery confirmation number, the buyer will most likely win. Depending on the amount and the type of Paypal account you have, they will freeze and hold your money until they are satisfied that the deal has been completed. As stated above, they also may decide the risk is too high and not allow you to sign up. You can esily get around this by signing up with a different name or credit card account, or simply have another acquantance open an account for you. As quickly as they change rules and policy, people are figuring out ways to get around them.
|