HOW SAFE IS PAYPAL?

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j.echo Contributor

Member since 21 February 2013

j.echoContributor04 March 2013 07:22:28

159

Hi GUys! I'm j.echo, Filipino expat currently living in jeddah.

Im planning to buy books online, but for safety concerns, i'm thinking of creating a paypal account.

how safe is it? and do i have to pay annual dues for using it?

THank you!

novanove Member

Member since 28 September 2012

novanoveMember04 March 2013 07:54:55

I use Paypal time to time and I believe its pretty safe

You dont need to pay any annual fee, they just add some cents to your transaction as handling fee and thats it.

Feel free to use PayPal

j.echo Contributor

Member since 21 February 2013

j.echoContributor04 March 2013 08:55:17

159

novanove wrote:
I use Paypal time to time and I believe its pretty safe

You dont need to pay any annual fee, they just add some cents to your transaction as handling fee and thats it.

Feel free to use PayPal

That's great! Thanks man!

you handled 2 of my concerns already! hahahaha.....

where have you been?! you should be posting more often...

Bruckner Contributor

Member since 16 March 2012

BrucknerContributor04 March 2013 12:12:55

181

If you want to be safe, don't create a paypal account on your main bank account. Open a separate bank account and register that with paypal.

j.echo Contributor

Member since 21 February 2013

j.echoContributor04 March 2013 12:55:30

159

oh, i guess I was a bit right in using my credit card rather than my savings account... even though its near zero...

but I guess its better to switch to a new and separate savings account,

thanks!

Bruckner Contributor

Member since 16 March 2012

BrucknerContributor04 March 2013 14:47:53

181

You will need a credit card either way.

TheLegendLeads ViP

Member since 06 April 2010

"The cure for boredom is curiosity. There is no cure for curiosity." -- Dorothy Parker

TheLegendLeadsViP04 March 2013 15:31:22

5763

It's safe but the service charge bothers sometimes; espcially on large sums. It's 6-12% in my experience which is no kidding.

Yes, you've to link it to your credit card rather than the a savings account.

Freshlikesushi ViP

Member since 14 March 2012

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FreshlikesushiViP04 March 2013 16:03:47

1455

its safe

if you send as a gift there is no charge but you have no buyer protection

ive sold a bunch of cars, cameras, bought a metric ton of stuff with paypal
never had a problem, always got money back if there was a problem with seller, so no complaints here

j.echo Contributor

Member since 21 February 2013

j.echoContributor04 March 2013 16:43:19

159

Thanks guys!

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