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 Thursday December 01 2016, @09:23PM
Why the fuck is it even legal for them to arbitrarily freeze accounts? I'm pretty sure even banks are subject to more regulations than that.
(Score: 0) by Anonymous Coward on Thursday December 01 2016, @10:19PM
Because PayPal isn't a bank. Without regulations against it, you are pretty much stuck with whatever terms you agreed to in their TOS.
(Score: 0) by Anonymous Coward on Friday December 02 2016, @01:56AM
Which demonstrates how screwed up the situation is, because it's not as if Paypal is some obscure service that almost no one uses; they are a dominant player. Regulators have had plenty of time to regulate PayPal's behavior.