How Safe is Paypal

[Mika]

Whether you work online, shop online, or send and receive funds online, you might be already using PayPal (provided it is accepted in your country). Well, PayPal is undoubtedly the most secured and safest payment processor. You may want to disagree with me but my views have changed regarding paypal. Paypal could ban your account, freeze your funds or limit your account for silly reasons.

After using paypal for 5 years, I have not been pissed off with paypal.

Sometime back I read online that a paypal user was banned for receiving payment from a site that paypal deemed fraudulent. How can paypal which also worked with hyip, porn site, and ptc site in the past can label any site fraudulent without a valid reason?

I also performed some research regarding whether paypal actually bans/freezes your account for receiving payment from “suspicious” sites. Looks like this can happen. I found articles online where users claimed that their accounts were frozen for receiving payment from certain clients. Their claim looks valid because they also shared screenshots.

I use Adhitz ad network. They do not have paypal payment option. When I asked why they do not have paypal, they said their account was banned by Paypal. Can you believe, paypal banning an account of an advertising network.

 

[Samuel72]

From what I have heard it seems PayPal remain one of the safest and best online method of payment and it is also fast. but the fact is that Paypal does not really work over here in my country so I have no experience in PayPal. But some people complain that it is possible for PayPal to ban your account, but I see this as a way to secure their platform.

 

[Good-Guy]

Paypal is much safer and a great payment gateway for many people. However, there are some reports that have suggested that some Paypal accounts might have been compromised and some unauthorized people had access to paypal accounts. However, overall Paypal is much safer and they have great verification system in order to prevent fraud.

 

[Finger Geek]

What is the essence of calling it safe payment processor when you just woke up some day and you see that you have been banned and all your funds in it can not be accessed.
I don't know why people still use PayPal. Are other payment processor not secure and safe. Have we ever heard of people complaining about how they lost there money with other payment processor? They are all safe, but PayPal is not safe, because they will block you to still your money.