The Real Truth About
Gossip and untruths always seem to propagate rapidly and take
over the whole truth. PayPal unfortunately, seems to really get the
rap more severely than other payment processors. All banks and
payment processors have problems, some more than others but somehow
PayPal has been unjustly delegated to bottom scores. As the
detractors seem to shout louder than the well satisfied, many
customers PayPal has, this article should straighten and correct
that false and wrongfully exaggerated concept.
Most detractors against PayPal either exaggerate, lie or repeat
someone else’s tale of woe, leaving out valuable information as to
what the user did wrong or did not do right.
The most common gripe is that PayPal will close an account
without reason. This is absolutely untrue. PayPal, being a payment
processor, must protect all its users, both vendors and customers
alike. Vendors must be protected from unscrupulous operators who
could unlawfully access their products and customers must be
protected from unscrupulous vendors selling fraudulent products.
PayPal must totally protect both parties and have extremely strict
terms and regulations concerning the security of their users, for
the benefit of the users themselves. These regulations and Terms of
Service are clearly spelled out and available on their website. The
user must read these rules and be familiar with them before blaming
PayPal will most certainly close an account if any of the Terms
of Service are violated by either vendor or customer in order to
protect their other users.
The most commonly violated rule is users opening multiple
accounts. PayPal is extremely clear that each user have one
Personal Account with one Premier or Business Account connected to
it. Often users open multiple accounts in violation of this basic
rule which will result in their accounts being closed and the funds
in these accounts frozen. The funds are not lost. They are frozen
until verified and clarified with PayPal.
All complaints have been due to violation of the basic rules.
PayPal has to be extremely cautious as it is dealing with people’s
money. On top of that there are so many unscrupulous people on the
Internet who send out false PayPal emails. When unsure of the
origin of these phishing emails, just forward them to spoof@PayPal.com who will verify and
inform the user if the email originated from PayPal. The main thing
to note is that you should under no circumstance give out your
details like passwords by mail.
Most PayPal users will agree that it is the best payment
processor on the Internet. Other processors do not even come a
close third. These users have often tried other processors and
speak with experience. Due to the security and reliability of
PayPal, more users tend to pay for services and products using
PayPal accounts. Users have noted an increase in sales of their
products after shifting to PayPal merchant services.
PayPal is not perfect but pretty close. Ignorance or absolute
violation of the rules is often the reason that some users have
problems with PayPal. It’s always easier to blame someone else than
oneself for what ever happens. When you have tried the other
providers and found them wanting, you will find that PayPal is the
best provider on the market. So trust PayPal. And as time goes by,
you will realize why they are the biggest and best on the