PayPal

Pros: Easy, fast, reliable, private
Cons: Takes a little while to get my money

PayPal has been a staple of my online auction activity since the first month of its operation, and I continue to be impressed. A free service providing this level of intuitive service is a rarity indeed.

The main use that I have for PayPal is...

Pros: Well-backed, secure.
Cons: All parties forced to join system, Vague help info

I checked out PayPal because I'm a consultant, and want to be able to collect payments for my services via the Internet with credit cards. Some of my clients are in Europe. PayPal is useless for me because:

1) It forces all parties involved...

Pros: free, fast transactions, very secure
Cons: signed up too late(they used to offer $10 for signup, now it's only $5!)

This is a service that allows you to receive and dish out money to anyone who has an e-mail address. Better yet they are offering $5 to you if you sign up for this program(you need credit card to sign up). What is better yet, for every referral...

Pros: VERY EASY...handy, secure, versatile
Cons: Somewhat slow to actually distribute funds

In August, after selling merchandise online via Yahoo Auctions, I was given a choice for fund collection by the seller: Check, Money Order, or PAYPAL. What is PayPal?....I asked. Well as it turned out, I was lacking in my eCommerce 101 lessons, so I...

Pros: Fast and convenient; send money to just about anyone
Cons: THE FEES!!, sending limits on accounts

I've been using paypal for almost two years now.

PROS: Paying someone (or better yet, getting paid by someone) doesn't get any easier. If you can check email, you can send (or better yet, receive) money. Paypal even sends you an email receipt...

Pros: Good for occasional payments.
Cons: You may loose control of your money.

Paypal is fine when you want to send a few dollars to your friends but for your business it can be a NIGHTMARE.

This is my story:

On the 30st of August one customer purchased from me a Digital camera for $400 and he sent the...

Pros: None! Your Worst Nightmare. recently replaced their CEO!
Cons: Uncooperative help group. No effective human intervention to fix problems

Update on 01/02/02
Recently Paypal got rid of their former CEO after taking significant losses. Looks very much like their business model is not working very well for them....as I said it won't and doesn't some months ago....they apparently...

Pros: No fees & ease of use
Cons: None!!

I began selling products on eBay about six months ago & used Billpoint for my online payments.. It was great, but there was a small fee for using the service. When I decided to try out Yahoo auctions, I learned of Paypal and decided to try it. Of...

Pros: Reliable and cost effective
Cons: Owned by X.com

The web is constantly changing and PayPal has been a pioneer. PayPal was the first of man free fund transfer services. Accordingly they are the biggest and most reliable despite their being bought out by X.com months ago.
There are two...

Pros: none
Cons: have to sign up to buy,customers get no service ,won't answer e-mails,don't care.

I liked Paypal in the beginning, they actually paid me $10.00 to sign up! They didn't charge anything to use there service,another plus.

Well, that has all went away. They got too big too quick and cut down on the referral fees, no problem,...

Pros: Fast, easy, and organized way to send money.
Cons: Doesn't accept all credit cards.

I signed up for this service over a year ago, and have not had a single problem.

As both a seller and buyer on ebay, I can say this is the best way to do business. I have never had a problem with transferring or receiving funds, nor have I...

Pros: Easy service to use, works well and is accepted my many people.
Cons: Buyer protection isn't as great as they make it seem.

I've recently closed down my paypal account. Why? I'll tell you, but first let me tell you a little bit about me. I've been on ebay for over 4 years, probably been with paypal about that long as well. I'm a powerseller, with over 140 positive ...

Pros: No Transaction Fees
Cons: Not Enough Users

I found out about PayPal from a friend, who told me about the service. I signed up, got the $10, then I used him as a referral, and he beamed me back $5 as a token of thanks. From then on, I've been using it primarily for eBay transactions - it's...

Pros: Fast and speedy for all concerned
Cons: Haven't found any!

I am of the older generation and am a little skeptical of anything new and high tech. However, I joined PayPal.com when they were offering money to join up and more money still if you got others to sign up. Of course at the beginning I thought this...

Pros: None that I can see right now
Cons: They can and will freeze ALL of your money if you make a chargeback.

I made a purchase on eBay and only received half of what I paid for. When I filed a dispute with PayPal (whom I used to pay for the auction) they told me I shouldn't have used the "Item Not Received" dispute as I did get half of what I had ordered. I was ...