PayPal Warnings

http://www.lockergnome.com/net/2011/12/06/its-paypals-world-we-are-simply-liv...

In this video, Chris gives some warnings about PayPal's terms of service and the drawbacks of using PayPal as your sole bank account.

http://www.lockergnome.com/net/2011/12/06/6-reasons-to-be-cautious-when-using...

Did you know that PayPal can freeze your account whenever it feels like it? In this video, Chris gives us some reasons for being cautious when using PayPal. What would you do if PayPal froze your account?

You can watch the entire live TLDR episode here:
http://www.youtube.com/watch?v=nDSuGMfqgWc

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[kennyozakie]

paypal is good coz every one uses it just like face book and youtube 

[123qup]

There are some rules you should follow before using paypal.NEVER provide paypal with your social security number no matter what. They might ask for it but it won't get your account re-instated. Iny my opinion paypal has no business to ask for your SSN. They are not a bank so providing them your SSN is of no benefit to you.. Also do not provide paypal with purchase invoices or any other crap they might ask for. The third most important thing when setting up a PP acct is use a business name.

[AppleGeekMaster]

Horrible PayPal stories there : w w w . paypalsucks . com

[vtox101]

@brettkenster don't know. I've never used pp for donations.

[Brettkenster]

@vtox101 So what would you recommend for website donations?

[wizard7132]

use AlertPay

[vtox101]

Paypal has been great for me however I am dissapointed with their stance on electronic cigarettes and e liquid. Only sites from overseas (Non U.S.) seem to be able to get away with using paypal while others will bee dropped.

[ubaksh11]

Paypal is convenient for online payments like on eBay and such. But if you can use your credit card online, I would rather do that. Paypal should NOT be anyone's primary banking outlet. There are REAL banks out there.

[SAMxzxc]

Added my credit card information in paypal, got froze, and now I can't even use my credit card no. via the 'Guest' payment. zzz.

[123machet]

Watch this... It explains all on PayPal watch?v=wV2fk56ktVE