When you pay for something on eBay or send money overseas to family and friends what do you use? My first choice is always PayPal because I know from experience that it will get there and if anything goes wrong they will help me sort it out.
In my PayPal review I look at all the finer details of PayPal and how it came to be and why using it is still the best option.
Over the past 4 years, my husband has used PayPal for over 500 transactions and I use PayPal almost every day to pay for goods and transfer money, without a hitch.
Do Your Research
I’ve read dozens of comments and I’m so sad for people who have had a bad experience with PayPal and I hope it never happens to me. Consequently, I have come to the conclusion that any company transacting millions of payments a day is going to have an odd problem occasionally. It isn’t in PayPal’s financial interests to have a bad name, so I would say that they would try to resolve any issues in the future.
For the most part, PayPal is safe (they take great security precautions) when you use it to send money. Nothing is completely risk-free – glitches and data breaches are possible anywhere. But PayPal is a reputable company with enough security and consumer protection in place to keep you as safe as possible online. They are the largest money transaction company in the world.
PayPal charges fees for the following circumstances: When you receive money from a purchase. When you receive payments from outside your country or region.
There is a fee when you send a payment to someone in another country or if you receive a payment from someone in another country. Usually around 2.9% of the transaction.
What are PayPal fees on $100? There is no charge if you’re a buyer. If you’re a seller and it’s a domestic sales, you get $96.80 and PayPal takes $3.20 (2.9% + $0.30).
Paying With Your Debit Card
Paying with your debit card through PayPal is safer than just using your debit card. Merchants (as well as hackers, thieves, and employees) only see your email address—your PayPal username—and some personal information when you use PayPal.
What if I Get Scammed?
When buyers pay with PayPal on any website, PayPal Purchase Protection covers them in case there is a problem. If an item doesn’t arrive or is significantly not as described, we will help buyers get a full refund.
Is PayPal Safe in Australia?
Every payment made through PayPal is encrypted by the service so that your details are kept safe. This reduces the risk of personal or payment information being stored in places where you don’t want it. Fast payments.
You don’t need to enter your card or account details when you make a payment through PayPal which makes transactions fast and simple.
Who Started PayPal?
Elon Musk is a South African-born American entrepreneur and businessman who founded X.com in 1999. PayPal started out under the name of Confinity in 1998, which became PayPal in 1999 when he sold it to eBay. It then had its initial public offering in 2002, valued at 1.5 Billion dollars. He made $180 Million out of the sale.
In 2015, eBay spun off PayPal to eBay’s shareholders. The company ranked 204th on the 2019 Fortune 500 of the largest United States corporations by revenue.
Some reviews from Consumer Affairs
Original review: Jan. 23, 2020I was so surprised to read so many bad reviews everywhere about Pay Pal! Honestly, for some reason, I always thought they are pretty cool. This month was really crappy because I made a purchase in a scam web store twice! I filed in two disputes which turned by myself really quickly to the claims.
The first seller didn’t want to reimburse the full price (I bought a dress for 51$ with shipping and they want to return only 17$ after I will ship them an item). After I said no to this, they didn’t want to give their return address in English. The other seller was especially ridiculous. They put lots of items on their website and after you purchase it, you’ll never get an e-mail notification, tracking number, or anything. Literally, you are just sending someone money on their PayPal buying fake stuff.
Both of these purchases were reimbursed for me with Pay Pal in full amount. Yes, I called them 3 times and the last operator whom I talked with solved that in 1 day after I was waiting almost 3 weeks. So, I am here to write that help is possible. And I’ve heard: “We are doing that to appreciate you are a Pay Pal client, ma’am.” Thank you!
62 people found this review helpful
Original review: Jan. 17, 2021I ordered an item from an overseas company using PayPal. It took about 5 weeks to arrive and when it did it turns out they sent the wrong item. Tried to get a shipping label from the company to send it back and get a full refund. I got nowhere with the company so I contacted PayPal.
Sent them images of the item I ordered and the item I received and reiterated that I would send the item back if I got a shipping label. Got nowhere with PayPal either (they offered a refund of about $19 versus the $65 I paid). So I have contacted my credit card company for resolution. I used PayPal thinking they would back me up. Not so! I will be canceling my PayPal account.
From my many years of experience in business and as a personal buyer I have found PayPal to be no worse or better than other money transfer companies. I’ve had trouble with my own bank at times, local stores, and large corporations.
Unfortunately, it can be stressful and frustrating but then again that is life and the world we live in. You can only choose not to participate.
I hope this has helped, please leave a comment or like and share. Thank you.