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I have been using PayPal off and on since 2012 for 2 main reasons.
1 - Convenience, I didn't have to enter a credit card every time I purchased from a site other than usual trusted sites where I store my payment information, like Amazon, and sending payments to friends/family was simple.
2 - Peace of mind.
I recently found that the assumption of (2) was wrong, so I fired PayPal. I don't want to get into the details. Beyond being therapeutic, it won't really make life better moving forward.
That brings me to the question, since I have fired PayPal, I am sure that someone will want to send me, or more likely, have me send them money. Before I go out and research the providers on my own, I thought I would come here. What do Soylentils suggest for peer to peer payments?
(Score: 0) by Anonymous Coward on Friday December 02 2016, @12:28AM
It's not reasonable to expect Paypal to micromanage complex disputes well. A service that did such would have to charge a fee to cover such labor.
Is it better to have occasional big hiccups, or pay a fee on every transaction? Sure, it's annoying when a given payment fails entirely and you lose money, but you'd also lose money if every transaction had a fee to cover the cost of better service. The long-term average is about the same.
My rule of thumb is only use Paypal for transactions under $50. For bigger transactions, use some other means unless you are in a mood to gamble.
(Score: 2) by e_armadillo on Friday December 02 2016, @01:45AM
Hmmm, that doesn't jive with the PayPal marketing material:
https://www.paypal.com/us/webapps/mpp/paypal-safety-and-security [paypal.com]
"Dispute resolution -- If there’s a problem with a transaction, we’ll put a hold on the funds until the issue is resolved. We investigate and stay involved every step of the way."
"How are we gonna get out of here?" ... "We'll dig our way out!" ... "No, no, dig UP stupid!"
(Score: 4, Funny) by JNCF on Friday December 02 2016, @02:24AM
It's not reasonable to expect Paypal to micromanage complex marketing truthfully. A service that did such would have to charge a fee to cover lost customers. Is it better to have occasional big lies, or pay a fee on every transaction?
(Score: 2) by e_armadillo on Friday December 02 2016, @05:17AM
Thanks, that made me laugh JNCF :-)
"How are we gonna get out of here?" ... "We'll dig our way out!" ... "No, no, dig UP stupid!"
(Score: 0) by Anonymous Coward on Friday December 02 2016, @07:17AM
Trump U will sue you for plagiarizing their brochure.