Is Paypal safe?

I had my CC # hacked thru PayPal.

There were about six subscriptions to porn sites put on my card by someone in, I believe, NY.

I dodn't think PayPal is safe.

I've has no problems. But it is getting more expensive. eBay has the Billpoint system, which is the same. eBay is big enough now to stand behind stuff like this.

As far as not being ripped off, it is the same as sending a certified check by Fedex. Once the funds are sent, there is no guarantee that you will receive merchandise. Also, I am fairly certain, that there is no credit card protection, as many mistakingly believe. So, is it safer? No. Probably, riskier, as your credit card and bank account numbers are out there, although the sight is secure. That said, I have used it, without any problems.

Yes, Paypal IS safe. It's just slower in many cases / not all. The fees instituted on 1/16/01 and loss of most of the fraud protection, now make it cumbersome at best. Yes, if both parties have funds in their account already,it goes fast.Beyond that,an overnight MO will be faster and offer the same am't of protection.(minimal)

I've been using PayPal probably a couple hundred times or more since near the time of it's inception, so I'm speaking from alot of experience.

Your credit card and money are as safe as it can get sending it by internet, and if your card number ever was stolen, PayPal guarantees you and covers any unauthorized charges. The only problems I've every really had were during times of expansion, where the server load could not keep up, or during maintainence on the site, which made it temporarily inaccessable.

It is also much safer than sending money orders overnight, for instance. If the account holder you are sending money to is VARIFIED, you are GUARANTEED to receive your goods...not nessasarily in the condition expected, but you are guaranteed to receive the item(s) described. Be especially cautious sending money through it to unvarified accounts--there's little reason for them not to have varified it, unless they just began with it.

It is a VERY fast and convient way to send payment, if both parties are already signed up...you can send money in about a minute. Signing up can take about 5-10 minutes, and there's a $250 limit on new accounts, until your account is varified as real with your bank.

Jeff Delman
Value Audio
www.value-audio.com