jbs12
Stranger
Reged: 07/27/02
Posts: 22
Loc: Midwest US
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Would anyone reccomend using PayPal as a method of payment? Do they send you a receipt with the order saying you used a credit card to pay for it? Thank You.
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loathe
Member
Reged: 01/25/02
Posts: 141
Loc: Up, Your 45535
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PayPal is a great resource.
They can help mediate if you have problems with payments.
Using them also keeps would-be crooks from having your actual account information.
Also, with PayPal, you can check the status of the person who you are sending payment to. It'll show how many transactions they have had, which can be a good indicator of how legit they are.
Be safe, good luck
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loathe:to dislike someone or something greatly, to abhor
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ellen1
Enthusiast
Reged: 07/03/02
Posts: 237
Loc: N. Calif.
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jbs12--I also found PayPal to be great! Their service seems to be good & if all you do is pay other people, you don't get charged. It only costs you if you also receive payments. I think that's where some of the bad press has come from is with people using auction sites, which can be very complicated transactions. Also, it keeps your credit card number from being floating out and around the ether or whatever. From what I read on the boards, using Western Union costs the sender an arm & a leg. PayPal costs the sender nothing. I've only had good experiences with them.
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TdocSux
Journeyman
Reged: 06/03/02
Posts: 75
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Paypal sucks and if you don't beleive it, go to:
www.paypalsucks.com
or
www.paypalwarning.com
Yeah, they're great until you get cheated and then when PP says, you were in the right and the other guy was in the wrong, that person has no money which means you have no recourse. Basically you give up all your rights when you agree to use their services and if you don't beleive me, read their TOS page in detail.
Again, they are fine until you have a problem. Mediate? Are you for real? There is no mediation except for them to go against you. Multiple lawsuits all over the country as we speak. Take care TDlll 
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Threebassetmom
Member
Reged: 12/31/01
Posts: 187
Loc: Southern US--Gulf
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JBS, everyone has their own opinion--mine is that I love using PayPal--it's easy, I can track when my order was picked up and it just goes on my CC. They have been getting weird about wanting your bank info or they restrict you, but I haven't reached "my limit" yet to have to do that.
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TdocSux
Journeyman
Reged: 06/03/02
Posts: 75
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They want your banking info so that they can make a chargeback to your checking or savings account and even if you don't have money in it, they can still try. More and more people are refusing to give out that info and like you said, thye are implemeting restrictions on those accounts.
Just check out the above web sites when you have a moment and you will read some really terrible stories from everyday people like us and how Paypal totally screwed them. I have no doubt that some people caused their own demise but the majority are ones that got caught up in the unfair rules.
Take care, TDlll
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Trampy
Pooh-Bah
Reged: 04/02/02
Posts: 1239
Loc: Southwest U.S.
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What i did when they wanted a bank account was give them a small savings account at a local credit union.
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Your mileage may vary ...
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Threebassetmom
Member
Reged: 12/31/01
Posts: 187
Loc: Southern US--Gulf
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TD, thanks for the links--they're good ones and I think the biggest "danger" would be on the receiving end, rather than the sending end. I also refuse to give bank info, so once I "reach my limit" I'll either stop using or try and create a different account. But I still feel a little safer than handing out credit card info to a foreign pharm. 
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bhamdave
Threadhead
Reged: 01/11/02
Posts: 957
Loc: U.S.A.
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I don't and will not give PayPal my checking account number.
Heck I don't and will not give my checking account number to my credit card companies. It's not any of their business.
That's really playing it risky, as PayPal can (and has been known to) freeze your checking account. 
They have their Good and Bad points.
bhamdave
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AIDS
It's not YOUR problem (I hope that)
It's not MY problem (I know that)
But it is still OUR problem and WE know that!
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Corrie
Board Addict
Reged: 07/16/02
Posts: 362
Loc: Southeast US
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There are some people who really detest Paypal, and they are usually the merchants, not the buyers I've found. I totally agree and understand why these merchants (sellers) dislike Paypal so much -- I've heard that Paypal will freeze their accounts in some instances, and they no longer have access to the monies.
I, OTOH, have had no problems whatsoever with Paypal in the 3-4 years I've been using them, so I can only offer my own perspective. From a buyers viewpoint, I think they've been great. I also sell stuff on e-bay on occasion, and it's worked out wonderfully every time, so I would have to rate them A+. But I certainly don't discount what's happened to some of the sellers who have use PP primarily and have run into major problems. I think it's a great idea to use a secondary, smaller banking account (such as a credit union account like another poster did) for PP if you're unsure of them, but would like the convenience the service offers.
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ellen1
Enthusiast
Reged: 07/03/02
Posts: 237
Loc: N. Calif.
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Dear "3 to 4 Bassett mom", I agree! I just found out about their "limit".I'm not going to give anyone my checking acct #. Why should they need it, when there's been no probs wih my paying with a CC? Sound like "info-greedy" ....or something else.
Hence, I change my "Yea for PayPal" to "Use caution when operating heavy machinery".
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Trampy
Pooh-Bah
Reged: 04/02/02
Posts: 1239
Loc: Southwest U.S.
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It was me who gave PayPal a small savings account at a credit union as my "bank account". I had to call the credit union to get the routing code and the account # to use, but it went through at PayPal without a hitch. PayPal doesn't care (or know) how much money is in it. You could have $5 in there and by "verifying" your identity with a bank account, you can upgrade your account to Premier. If you do that, then you can be sent money from another person's PayPal account with the sender putting it on their credit card. If you don't have the Premier account status, then you can only receive money from someone else's bank account--they can't send you money by charging it to their credit card. Of course, PayPal charges me a fee if the sender uses a credit card, but it's not a big amount. It's easier and faster than asking someone who owes me money to mail me a check, and they can "charge it." If this sounds like an ad for PayPal, that's because i've never had a problem with them. I can understand that things look different to a merchant who has their account frozen on account of disputes ... but i'm not using it for commercial purposes, and don't see a downside. I think it's great that they let you do several different kinds of money transfers without charging a fee.
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Your mileage may vary ...
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Anonymous
Unregistered
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I did the paypal acct. thing too. They have no idea that I have very little money in it. I only opened it so I could continue to use paypal. But paypal sucks they are stoping merchants from getting money from their accounts so they can make it look like they have ooddles of cash. Once the lockup on their stock hits it will fall like a rock. Paypal will go out of business unless they get their $hit together. They make mistakes constantly. They have double billed me several times. I don't wait for them to credit me anymore. I have my bank chargeback on them. Their customer service is a joke. They make it impossible for you to find phone # for contact. And if you do contact them they make it every effort to screw you over. I for one will jump up and down for joy when the go out of business. Then all merchants will have to do business via credit cards.
Take a look at this site
PayPal sucks
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ashleybear
Member
Reged: 04/26/02
Posts: 170
Loc: in bio
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I have a PP credit card acct and I have never given them any of my bank info. They send e-mails weekly asking to make my self "legitmate". I have heard of people using the small or old bank acct's. I just never did it.
I love the convience of Paypal, it is free unlike WU. I just dont like a company saying that I am not "legitamate" because I wont give them bank info. They have my Plat AMEX with a big limit. I feel that is good enough. I dont give my bank info to anybody. I havent even written a check in years (e-bill pay banking). I am not paranoid about it.
That is my only issue with them, I like them and use them monthly.
--Ash
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tansun
Pooh-Bah
Reged: 05/28/02
Posts: 1152
Loc: southern USA
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my 2 cents - i wont use paypal because they want bank info . any large company knows the risks involved with that - its not ethical to ask for such info . i dont use them .
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"Madam Meanness"
---------where theres a will, theres a way ----------
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Anonymous
Unregistered
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Part of the reason for wanting Bank info is verification. I could take anyone's Creditcard and charge a bunch through Paypal in just one night. All you need is the Card #, the exp date and the security number on the back. A person could spend thousands on someone's card in just a few hours. They could also send money to themselves through Paypal with a card that doesn't belong to them.
They verify your bank account by making 2 deposits (under $1.00 each) and then you have to enter the 2 deposit amounts when it shows up at your bank. Also it is there to cover things such as if your card is over the limit or in the case of a debit card, the money is not there. I've used Paypal since they started, I shop a lot on Ebay and I have only had one problem and it wasn't a Paypal problem. I had a seller that didn't send me my product after I paid for it and I contacted Paypal and they gave me my money back and handled that seller. If a seller does not send product after it was paid for Paypal won't let them keep an account, they will close their account after just a few times of that happening.
As far as opening another Paypal account....only if you have another email account. You can't have two accounts with the same email addy even if one is not active.
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slidesong
Enthusiast
Reged: 01/24/02
Posts: 218
Loc: New York - Home of the Yankees
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Same here, I've bought and sold through PayPal for years and have had not one problem.
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bhamdave
Threadhead
Reged: 01/11/02
Posts: 957
Loc: U.S.A.
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If you happen to try to get you money back for some reason (like not getting your goods) and they (PayPal) refuses, and you file a chargeback with your credit card company, they can freeze your account also. That happened to me. But I just resigned up with a different email address. Same credit cards.
I still use them, but would prefer the OP's to take credit cards instead.
bhamdave
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AIDS
It's not YOUR problem (I hope that)
It's not MY problem (I know that)
But it is still OUR problem and WE know that!
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Anonymous
Unregistered
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Sure they can freeze your Paypal account, but they can do that without you verifying your Bank account. They can't freeze your bank account and I never keep any money in my Paypal account I just pay someone by instant transfer or credit card. If someone kept money in their Paypal account they could run the rish of it getting frozen.
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Threebassetmom
Member
Reged: 12/31/01
Posts: 187
Loc: Southern US--Gulf
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Well heck--signing up under a different email addy is easy enough--I have different email addys for different stuff--work, home, etc.. That'll work just fine!
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Anonymous
Unregistered
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I guess I'm just not sure about the issue with the Bank info or wanting to keep changing your Paypal account. If you don't keep money in your Paypal account they can't freeze your money and they don't have any access to your Bank account that you don't give them. The people that have a problem with their money being held up in their Paypal account would be the seller, not the buyer.
I just don't understand the issues that buyers here are worried about. ::shrug::
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bhamdave
Threadhead
Reged: 01/11/02
Posts: 957
Loc: U.S.A.
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PayPal has its good points but it also has its bad points. A fairly recent article concerning Paypal:
PayPal Consumer Alert
It is still considered user beware.
bhamdave
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AIDS
It's not YOUR problem (I hope that)
It's not MY problem (I know that)
But it is still OUR problem and WE know that!
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Optimist4Now
Veteran
Reged: 06/01/02
Posts: 514
Loc: USA
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Paypal was a perfect example of "ignorance is bliss" with me.
I sent them all the info they wanted . . . including my checking account before I read on DB why I shouldn't have done that. That was a couple of years ago and I've never had any trouble with them.
But . . . I also don't do any buying and selling on Ebay like many here do. I can see where you might want to be more careful (than I was) if you use your paypal acct more frequently.
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ashleybear
Member
Reged: 04/26/02
Posts: 170
Loc: in bio
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I dont understand how someone could just take anybody's credit card # and charge things on paypal. When I signed up they:
Placed a small charge to my AMEX acct had to re-enter the code from the statement/bill, to activate.
Will only ship to billing address or an address that is verified by a person from PP w/ AMEX.
I list my work address as a 2nd address w/ AMEX I had to wait longer before I could place an order w/PP until my ship to address was verified with AMEX.
An interesting side note my friend said she just got a new checking acct w/ a new bank. They asked if she wanted to activate a "direct withdrawl" block. Curious she was told it basically the same thing as (900) block on your phone. Nobody can present an auto withdraw from your account without your prior consent. If you have insurance, car payment etc. auto withdrawed you cant have this. Direct dep is OK, just no money out. The bank told her they spend too much resources chasing fraudulent "withdrawls"
I wonder what PP thinks of that? What do you bet a new clause hits the disclaimer.
--Ash
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Optimist4Now
Veteran
Reged: 06/01/02
Posts: 514
Loc: USA
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Ash - I pay all my bills with automatic withdrawals out of my checking acct each month.
Most people I know are doing the same thing so I wonder how many of those "direct withdrawl" blocks the bank will be able to get customers to agree to. It may be easier on the bank but it sure isn't for the customer.
There's no way I'd want to go back to writing checks each month for every single bill.
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Kimber
Enthusiast
Reged: 06/13/02
Posts: 223
Loc: Keys
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I am brilliant!! I gave them them an overdraft small saving acct. They made I think 2 small deposits in it. Later I consolidateed that and one other acct in to a money market.
I totally forget about Pay Pal until I read this thread. So Pay Pal has a dead Acct on file. Ordered recently from Pharmasus without problems. ..... ha..ha. Those anti-Pay Pal sites are sobering, all I had was maybe $200 in that acct. It seems most of the problems are with people whom accept Pay Pal., not payers.
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ashleybear
Member
Reged: 04/26/02
Posts: 170
Loc: in bio
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Optimist, I too love not writing checks or looking for stamps. I am a litlle confused about how you do it though. Do you go to lets say "ABC credit card's" web site and authorize them to draft your account, or do e-bill pay from your bank?
I go to my bank's site, type in the password, and up comes a list of every payee that I set up. CC, power co. gas co, mortgage, car etc. I can pay 5 bills in less than a minute. I enter the amount in each box for each payee and click send and they all go at once, takes 2 business days to get there.
In a folder is a receipt of pick up from the payee in case there is a problem (evidence of payment).
--Ash
So, no company is drafting out of my account, I am basically sending them an e-payment. My bank did not offer the "withdrawl block" when I stared it. It is interesting. I heard a story in the news about people calling the elderly saying they won a cash prize, and asked for account and routing #'s to deposit. Of course they emptied the account.
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Optimist4Now
Veteran
Reged: 06/01/02
Posts: 514
Loc: USA
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The way you pay your bills is one way to do it. Another is to pay an outside, independent company to do the same thing you do. What I've done is actually set up an auto withdrawal with each specific company . . . had to fill out all the paperwork, etc. which I sent to my bank authorizing them to pay XYZ Co as billed each month. It's all done by wire transfers and extremely easy on my part. I get a regular bill from . . let's say . . the electric company telling me how many units I used, the from-through dates, etc. so I have all the info I need should I ever have to resort to the statement. It also has the amount due and the date it will be withdrawn from my acct. I then just log in the info in my checkbook register. I've never had any of the companies make a mistake or take too much out. Guess I've been lucky. But, each company was set up individually and with signed paperwork sent to my bank.
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codyjohn
Member
Reged: 03/28/02
Posts: 116
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There is something even Better than Pay Pal and ebay use to use it and may still. i just have'nt been out there in a long while. But it's a form of escrow. For a short time we had a Pharmacy that was using it and evidently a lot of people dont know what it is because they were constantly posting abbout the place being a rip-off because of the products they had listed. Myself i LOVED it and made use of it and thought the time had come but alas my last transaction never shipped and so all i got was my $139.50 refunded from the "escrow" company for the 200 "O's" that never come. I wish the Public would band together and only do business with the stores that would use it. They would have so much volume that they could'nt keep up with counting the money. I mean everyone here ,, i dont know DB's membership numbers but it and..... well you get it. Peace to all.
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Daytona
Stranger
Reged: 08/04/02
Posts: 7
Loc: Florida
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Paypal sucks, banks now let you send payments by e-mail now, plus paypal has a history of messing up transactions
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