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Message: <blockquote data-quote="two" data-source="post: 3266544" data-attributes="member: 9002">warning, just a warningI have never had any trouble.  I investigated PayPal before signing up and never signed up after reading about it.This is a verified insider posting about how PayPal works:<a href="http://paypalsucks.com/forums/showthread.php?fid=6&tid=1529&old_block=0" target="_blank">http://paypalsucks.com/forums/showthread.php?fid=6&tid=1529&old_block=0</a>(shivers)Here is some typical info (from that thread):"I'm amused by the posts that say, "But I've been a good customer of PP since the beginning and have paid thousands in fees.... why would they have done this to ME?" Let me answer that with a hypothetical question: If you were an unregulated financial services company so embittered by fraud losses that you, yourself, had completely lost whatever moral compass you might have once possessed, what would YOU rather have: a happy, content customer whos business might account for $5000 worth of fees over the next 10 years, or a person who's pissed off and will NEVER do business with you again, BUT you've got his $5000 up-front, TODAY- siezed directly out of his account with no appeal possible. Believe me, it's a no-brainer to these people. They have sort of developed a wierd corporate mindset wherein their past (and ongoing) victomization at the hands of con-artists somehow gives them license to "pass it along" to others."Use your CC online, not PayPal, it's that simple.  PayPal is unregulated... take the risk if you want.  I don't see any need to.  I just use my CC"using your credit card with paypal is a much safer bet than using your credit card without it" (your quote):  absolutely false.  PayPal offers no real fraud protection.  And in fact giving PP your CC# is risky...  What gave you the idea that PayPal makes you safer?  Advertising?With every legit biz accepting CC's these days, why bother bringing PP into it?  Use your Visa/MC and if there is fraud, Visa refunds.  Done.Note:  size means nothing.  ENRON was huge, multi-billion, and rotten to the core.  Size means nothing.PPS: a reason why you should NOT give PayPal your info:(from PayPalsucks.com thread)"On another issue, I see lots of complaints from those who have BOUGHT things and paid through PP who find their credit cards suddenly drained and/ or billed multiple times for the same transaction. The answer is simple; PP has very lax hiring procedures, ESPECIALLY compared to the standards any bank would impose on anybody employed in a similar position of trust. But don't forget- PP ISN'T a bank, so they feel no obligation to hire (and, of course, compensate) people as if they were. Unlike the "account freezing" thing, the scams pulled on buyer's credit cards aren't a part of any "master plan" by the company, but simply the work of some dishonest employees who nonetheless have access to ALL of a customer's personal information. Yes, it's scary. Schemes are rampent where a PP employee has a cousin or friend set up an account to receive payments in another name. Since it's an "inside job", these "phantoms" will, of course, sail through the PP application process with flying colors- even if all of the infomation was simply "made up". Then your easily-accessable credit card number is used as payment for phony "auctions" and so forth done through the phantom account. The PP employee who actually approves this transaction might very be the one running the scheme"+++++YUCK!+++++++</blockquote>

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