Hi I am new to all this and I don't have a paypal account yet because I have a few concerns so I am hoping you guys can help me.I want to open a paypal account but truthfully have read alot of bad stuff about paypal.Are you guys satisfied with paypal?Have you ever lost money using paypal.I plan to open a bank account that will strickly be used for online and recieving payments for the PTC programs I am involved with, the account will not have over 200.00 in it.So would you recommend using paypal or not?
Thanks Cindy
Full Version: Paypal info
I have been using paypal for several years now and not once have I had a problem with it. I have deposited funds from paypal to my checking account without any difficulty. I would definitely recommend not keeping a large balance in your paypal account though. That is advice for any online account, not just paypal.
I also have been using paypal for several years and do'nt got any problem. I recommend it.
Paypal has a long history of suspending accounts (sometimes without very good reasons), but I still think it's probably the best choice for PTR when compared to the other options. However, there are just too many stories about their wonky behavior for me to ever trust them with much of my money.
LKSMTS had good advice - don't keep much in your Paypal account. I wouldn't keep much in the bank account either. Once you attach your Paypal account to it, you've pretty much given them permission to draw from it if they feel justified in doing so. The chances are good that nothing bad will ever happen, but it pays to be on the safe side, especially since PTR is looked upon by some as being rather shady. Paypal isn't a bank and doesn't have to follow the tough rules that banks do.
LKSMTS had good advice - don't keep much in your Paypal account. I wouldn't keep much in the bank account either. Once you attach your Paypal account to it, you've pretty much given them permission to draw from it if they feel justified in doing so. The chances are good that nothing bad will ever happen, but it pays to be on the safe side, especially since PTR is looked upon by some as being rather shady. Paypal isn't a bank and doesn't have to follow the tough rules that banks do.
I have used PayPal for many years and have never had a problem paying out or receiving money. However, I have heard that they can and will close your account if they feel you are in an MLM industry. I use PayPal to pay for advertising, but use EGold for accepting payments in most programs.
paypal is pretty good .. just be careful what kind of transactions you're doing with it ... they might close your account 
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