Can We Trust PayPal?

Indonesia
February 18, 2010 1:55am CST
The reason i asking this question is related to the bankruptcy of UpBux.com, another PTC site which has problem with their Paypal account. Today i read that PayPal still limit their (UpBux) account with 85% of their funds still in there, and they posted something in their forum about PayPal as a Great Mafia. UpBux is not the first PTC that faced a problem with PayPal, and almost all of them end up with the closing of their site. At first i thought that it's just an alibi to scam their members. But after what have happened to UpBux today, i started to think that we should a little bit aware of using PayPal as our internet payment processor. I also a PayPal users and i feel a bit worry about this, since i usually use paypal as my payment method in internet. I need your opinion about this, do you thing paypal is still safe to use? As a reference you could see upbux announcement here : www.upbux.com/forum/view_topic.php?cat=1&id=9417
5 people like this
17 responses
@bnx2212 (713)
• Philippines
18 Feb 10
Paypal have been here for so long and upbux isn't. They've been here serving the consumers since internet is still new (even the time of dial up internet, lol). Maybe there are problems in between them and only both parties can solve. I hope they can resolve the problem since I'm also a member of upbux.
1 person likes this
@anjohanna (156)
• Philippines
18 Feb 10
I guess we still can. It still shows proof of payments from a paying sites I am into. I guess that is just a misinformation. Why don't you try contacting paypal customer service and ask if the news is true.
• United States
18 Feb 10
you can trust paypal. its a quite abit of other sites that should not be all that trusted...
1 person likes this
• Indonesia
18 Feb 10
yes i trust Paypal from the first time i use it, it just makes me confuse about this mafia things..because UpBux is seems legit to me. And i agreed that not all sites is trusted, especially the ecurrency processor.
• India
18 Feb 10
Yes i can trust pay pal because i have worked before but once you suspended the account then you will never get back.
1 person likes this
• Indonesia
18 Feb 10
did you meant that you used to worked there, in paypal office? but how about peoples that get their account suspended and lost their money in it?why don't they give the money back through another way?
@CatGods (4599)
• United States
18 Feb 10
PayPal isn't the problem, upbux is the problem. If a site doesn't have the proper credentials and keeps up on their credentials, then paypal will shut them down and the site will have to find another electronic funds transfer site to work with. I have a business account with paypal and I have been dealing with paypal for the last 10 years and there has never been any problems, but then again I keep paypal up to date with my paperwork. So those who say that paypal is a mafia have their head up their a**.
• Indonesia
18 Feb 10
"So those who say that paypal is a mafia have their head up theis a**" haha..you looks so loyal to paypal,but it's good to hear that some one has using paypal for 10 years. Geez, it's make me more convinced that upbux is the one which turning into scam but put the load on paypal's head.
• India
18 Feb 10
you can trust paypal as they are serve for you as well as a vendor to received or to make your payment. but you cant depend to paypal, paypal are used to eat your money at any time. they are not into develop their service but they are looking for scope to eat your money. i heard every month lot of people's money gone with paypal. i thought paypal hang and get almost million of dollar by this cheating way. i hate this way but i don't get any great alternative to paypal.
• Indonesia
18 Feb 10
wow..this is the first 'negative' comment since i post this question. is it true what you've heard about paypal 'stealing' their member's money? but the others giving a good testimony about their experienced with paypal... so what makes you still using paypal as your payment processor?
@drakesuyat (1064)
• Philippines
18 Feb 10
before upbux release this shocking news, i was having a problem logging in to my upbux account. i was thinking then on upbux if blaming paypal is just an escape goat?
@MrKennedy (1996)
18 Feb 10
I have been using PayPal for years, and have never had any problems with them to be honest I find PayPal to be so reliable and secure, I love using it for all my online transactions and handling money. The interface is also so easy to use, anybody can work it, including my nan who has now started using it at 78 years old
• Indonesia
18 Feb 10
Wow..your answer is very convincing, but you aren't one of paypal employee, are you? hehe..^^ But at least it give me back my trust on paypal.
@vherzha (223)
• India
18 Feb 10
Dear Luckynumber10 Yes, me too read that report at upbux... But I can't blame Paypal... And we didnt know the actual problem too... If Upbux having problem with Paypal means then Why can't they try with Alert pay or others... Hope Upbux will resolve this Issue with Paypal and come soon to normal...
• Indonesia
18 Feb 10
I'm not blaming paypal either, just want to know mylot member's opinion about paypal, so i can decide whether keep continuing with paypal or use another way of payment method.
@voldrox (7205)
• India
19 Feb 10
i trust paypal, i haven't withdrew from it but my friend has been doing it peacefully so there is no worries, but our concern now is that we are Indian customers and hmm there has been some issue lately however that doesn't question the security but some other issues.. anyways paypal is good site and i am sure it's quite safe
@23uday (2999)
• India
19 Feb 10
hi friend, I trust paypal and i am having paypal account. I earned from mylot money will transfer in to my paypal account. Its good on online banking site. I never face a problem with paypal site. have a good day.
@ronaldinu (12454)
• Malta
18 Feb 10
From the little that i have followed I think Upbux is the problem not PayPal. paypal has been long established for several years and lots of companies and indvidual do buisness using it and they have no complaints so far. Why upbux all of a sudden is blaming paypal? Have they gone bust?
@TAZNEM (656)
• Philippines
18 Feb 10
i just saw this morning that upbux is gone because of paypal its really sad because i liked upbux. but i cant say that we should avoid paypal although there are some serious complaints against them because they have delivered excellent service in the past and that we know that there is no perfect company that never goes wrong, there are always glitches in the system and that i feel sorry for those who are unlucky like upbux. but there are people who depend on paypal and who are able to participate in online marketing because of paypal. paypal has helped many people/online workers especially in third world countries who have less knowledge about online banking. but paypal is big enough to reach them.
@Tushavi (2075)
• India
18 Feb 10
PayPal is Scammer, Biggest Cheater US Company, they limited my account without Any Problem, & I am not able to back my cash, again, they are scammer's thats why i suggest move on & use Alert pay, instead of PayPal. Its also nice for mylot to Pay with Alertpay, I am With Upbux Admin (R3x) for this fact, he tells anything clearly & yes, the only option is we can Boycott Paypal strictly, because they stole innocent peoples money, have a nice day.
@amripaarz (106)
• Malaysia
18 Feb 10
I am not only millions of people also trust paypal.
@artee13 (126)
• Philippines
18 Feb 10
I just read it a while ago and I think that it is real. Although I'm still not sure. To be sure I need to experience it firsthand. I was also wondering how will upbux pay their users now. Is paypal really a scam?
• Indonesia
18 Feb 10
I think I have solution for this, I will transfer paypal balance which I get from online activity to my local bank, so every I get money to paypal, I will quickly transfer to my local bank