Does anyone here use Paypall?

[Impret-Sir]

If so, what do you think of it? Good or bad?

[Naomicorlett]

Always been very pleased with it. Only had one non-arrival from ebay and Paypal refunded money very quickly.

[HillyHugger]

Not been using it long but does what it says on the tin

[fo3nix]

I'd avoid all possible business with them.

They behave and operate as a bank, but since they're not, they are under zero rules and regulations that 'real' banks have to follow.

This means they can get away with murder. Google around the subject, and you'll find many, many cases of people having thousands of dollars in their account, then it getting frozen for some random reaon, and them being unable to take out their money.

Unfortunately, it's owned by eBay, and so eBay encourages you to use it (a lot). Since eBay is the main horse in town when it comes to online auctions, this means that you're sometimes pretty much forced to use it.

If you do use PayPal, remember to take out any money you have in your 'account' and move it straight to your real bank account immediately.

[squarebear]

Its charges are extortionate for small amounts.
I run a website where I charge people �1 for a service and paypal promptly takes 26p of this off me in charges!

[tamborine]

paying is instant - no extra charges. Don't sell - so cant comment.

[northboy]

paypal is ok i use it for e bay and discogs.
but i do hate the wait of 7-11 days before the money gets into there account.
you would think with todays technology that it would be a bit quicker!!!!

[fabemmy]

ive been using paypal for nearly 2 years now and I have never had a problem with them,
I use paypal to sell on ebay and to buy on ebay.

I find it very easy to use and simply.

[Impret-Sir]

THanks all for your replies. I have never had an account with them, because as has been said, I have read so many horror stories about them online.
Bu now so many ebay sellers seem to accept nothing else that I am being forced to consider it.
I rarely sell anything there so the rather high charges should not be a problem, but it still feels a bit wrong giving my bank details to a third party.

[weeal]

I like PayPal, just beware of scam emails asking you for info on it

They do charge you if your selling but not buying, and theyre good at sorting out any claims you may have.

[tamborine]

Advantage paying with Paypal= they group bills from various sources and buyer pays 'job lot' account.

Paypal communicate individual payments to sellers.

You dont have to give bank details; credit card details will suffice. If CC isn't settled regularly PP wouldn't be paid & your account would be closed.

[HOTwHEELZ]

its good and they offer a refund in full, if your not happy.