Quote Originally Posted by Deborah View Post
I have been using Paypal for years as a seller on Ebay and as a buyer.

I have opened 3 claims and they have all been resolved by Paypal who refunded my money.

There are good and bad stories everywhere but out of the millions of people that uses Paypal I am sure they only represent a minority.

I think the bottom line is definitely to know who you send your money to in the first place.

If you do have a problem and they do not satisfy your claim you still have recourse with your credit card company.

Note: The only thing I would never do is use Paypal to transfer money directly from my bank account to pay for goods.
I think Deborah makes a lot of good points here. If the horror stories made up anything close to a significant percentage of Paypal transactions, they would not remain as popular as they are.

I will add that I would only use Paypal with an actual credit card. Debit cards may seem like the same thing, but most of them do not have the same protections built in that a credit card has.

Also, I'd be at least slightly more hesitant to use Paypal as a seller than as a buyer. Buyers can research sellers much more easily than vice versa, and have some idea if the person they are dealing with is a "good guy" or not. And as long as the transaction goes the way it should, and/or any issues are resolved between the buyer and seller, then there is no need to worry about Paypal. But if a seller runs into problems with a buyer, and Paypal decides in favor of the buyer, then the seller has nothing like the credit card company to fall back on. So it does seem much more risky for the seller. Note: I've never used Paypal as a seller, so I'm just saying what seems to be true based on what I know about how it works.