IS Paypal secure?

India
September 6, 2009 3:56am CST
Hello,I would like to know that whether it is safe to give my bank account number to them.Is their any possibility of fraud in them.I am new to online banking and I am looking to do my first transaction,so I am a bit afraid doing so.Valuable opinions and advices from experienced people are expected.
5 responses
• Philippines
6 Sep 09
i would say that base on my experience, paypal is legit and its secure. i've been using it for my money transaction online and i was able to transferred money from paypal to my bank account. of course you need to read their policy first specially in withdrawing money as they have minimum amount before you can transfer it to your bank account. the only problem with them is you can't withdraw your money from paypal if your account is not verified though you can still received money. I had that problem before since i dont have any credit card to verify it. but now the problem was solve and everything is doing fine.
@srikandi19 (3393)
• Kuta, Indonesia
6 Sep 09
I can tell to you, Paypal is secure to transaction Online, perhaps number one in Payment processor. I used paypal since one years ago, and I already give my bank account plus my credit card number. And I don't get problem with that, so Don't worry to verified your account at paypal. Have a nice day!
@ivygrey (550)
• Philippines
6 Sep 09
Definitely, You can trust paypal for sure, I have had my paypal account for 1 year and 2 months now, and I've never had any problems with them, I have one friend who actually works for paypal Customer Service, and she told me that most problems that other people encounters where basically from their own faults and not from paypal itself. So go ahead, you can transact with paypal anytime! Good Luck!
@UmiNoor (3479)
• Malaysia
6 Sep 09
Definitely the most secured payment site online. It's been around like forever. I trust Paypal absolutely. I don't think it will scam its users and risk the reputation that it has built up painstakingly all this years.
@jovz07 (648)
• Philippines
6 Sep 09
Of course! Paypal is secure. It is the most used online back. And money earning sites trusts them because they pay through Paypal. MyLot also pays through Paypal so got to have no doubts with it! There's nothing to worry about it!