With a separate account, paypal can only seize funds from that account, not the account you use to pay your mortgage, electricity, water, etc. I use this account strictly for paypal and my standing balance stays under $5.00.
I'm just playing it safe. There is a ton of info available to ascertain if paypal is a viable option for you. If you google variants of paypal, you can find enough info to read for days. Lots of people use paypal & really like it, others are diametrically opposed to it. Sorta like the old Ford/Chevy debates.
Also, there is the fee thing that gets a lot of folks up in arms. I don't charge a fee for paypal if someone pays me with an echeck, which is funded from a bank account instead of a credit card, as it's a $5.00 fee as compared to the 3% or 4% or whatever the credit card fee is. There has been some heated debates about that issue before.
