Is Paypal safe?


I can't access to the Paypal site all day today, and some one have just deposited some money into my Paypal account yesterday. Is it safe to use these type of services? and will there be any protection for the members if the services close down some day?
dtsag
Forget PAYPAL- Avoid the hassle- Use USPS money orders and wait it out. Saving time w/PAYPAL etc. isn't worth the potential hassles
Paypal was part of the single worst experience I had purchasing an item via the internet. It was on EBay.

I've never had a bad experience on Audiogon. Using Audiogon which I think is a superb site as well as its ancillary services, I've purchased equipment all over the USA and Canada.

Once the party who had the goods I won as higest bidder was paid through Paypal, I never received the merchandise. Complaint after complaint was filed. At one point Paypal wanted all of my e-mails with this person. They asked me to send them as attachments. I attached numerous files for their records and was then informed that they could not open attachments. On and on it went, until Paypal kicked me out for being a bad customer. Me?! I was the victim. One of the things that made them mad was that I cancelled the credit card to this person after nearly two months of first excuses and then silence. A silence that continues to this day some 8 months later. Paypal is so screwed up that recently I received a message from them that they were going to work on getting my money back. This after they informed me several months ago they could not, kicked me out and after I subsequently got my money back through my credit card company. Bottom line, there is no reason on this earth that I will ever use Paypal again and under no circumstances can I fairly suggest you do.
I just wouldn't leave my $ in there too long. Have them transfer it to your bank account. It takes 3-4 days.
After reading somewhere around 100 posts about Paypal over the past 6 months, my impression of their service is certainly not very favorable. I understand that the majority of people that use their service do so without a hitch and tend to be pleased with them. However, there do appear to be enough folks out there with bad experiences that I'm a little wary of using the service myself. Issues such as double payment if you hit the submit button twice, unsatisfactory resolution of bad transactions, and failure to respond to customer complaints in a timely manner are among the most common complaints I've read. Its enough to make me feel a bit edgy about executing a large transaction through them. That said, does anyone have experience with other escrow services that offer a different level of service? Is Paypal pretty much the best there is for managing Internet transactions? Information about alternatives would be extremely useful. Thanks, Ken
If you manage the transactions responsibly, as we should, PayPal is merely a very convienent way to pay quickly. As in any deals, make sure that you know who you are dealing with and hope for the best and PayPal should be fine. There are no guarantees and we take a chance every time we send $ out there, no matter how we send it.