Beware of PayPal


I made a payment via PayPal and just noticed that they took the money out of my checking account instead of my credit card. They made this change without notifying me! Worst thing is that there's absolutely no way to contact them. They don't respond to my emails and they have no phone number to call! This is horrible!
boros

Showing 1 response by aroc

>>>Argent said: <<
>>>Their disclaimer says you can't take out the money in more than $100 increments without paying a penalty. <<

No duh, paypal _wants_ you to keep money with them, so that they can use it to make money for them. Rather than take the penalty, I usually leave the money in. As much as I buy and sell computer equipment, I might as well leave when I get it, because it will be going back out eventually. ;-)

I think that's how Paypal want you to use their system. Receive paypal $$$ from a buyer, keep it with them, send paypal $$$ to a different seller, et infinitum.

I generally keep $300-500USD in their system at any one time. Maybe not the smartest move on my part, thought... (if they go under)