thrifty, freelance writer, Ebay buyer and seller, an Internet banking user
Pros
Easy to set up, Fast, easy and convenient, convenient
Cons
Delay when transfering funds, Fees for Business account, Deduct moneywithout authorization
NOV
16
2007
Pay Pal Online —
As a buyer, Paypal is easy, affordable and safe. Buyers love paypal. As a seller, I have not had as positive of an experience. I got caught up in a dispute, so a hold was put on funds that I had already deducted. Then Ebay, which was an authorized charge, took out their user fees. Unfortunately the Paypal system is not set up to deduct only the authorized charge, and apparently none of their employees are smart enough to override it. Without my authorization, Paypal took over $200 from my bank account and could not quickly resolve the matter.