How secured your money at paypal?

Philippines
December 8, 2010 12:00pm CST
This question is addressed for paypal users. How secured is our money in paypal or in alertpay? Are you putting your money there for a long period before getting it cash out? For how long. I am new to this thing actually, i just used the paypal account of my aunt before and she cash outs her earnings as early as she received it. How about you guys?
1 person likes this
13 responses
@saphrina (31739)
• South Africa
8 Dec 10
Hello prime. I don't use paypal anymore as they are crappy according to me. I use alertpay and have no problem with them at all. I can leave my money there or move it to the bank or whatever. Secure without any problems. TATA.
1 person likes this
• Philippines
8 Dec 10
Thank you for that my B. I have my alertpay, i get an account there after you had introduced it to me... What are those craps?:-)
@saphrina (31739)
• South Africa
8 Dec 10
Prime, don't worry about the crap. Sweetie, i know and that is just one of the things that really don't bother me at all.
1 person likes this
• Philippines
9 Dec 10
Hello guys, I have my money at paypal now, it's not that big though, sometimes i get worried I would lost it or something. But I need it there for some important purpose like paying some online shopping and the likes. Thank you for the info rich. Hello my B.
@ybong007 (6658)
• Philippines
9 Dec 10
My paypal account isn't verified yet so I don't have any choice but to trust them with my online earnings since I can't cash out until I link my bank account details which is not my priority as of this time. But so far, I haven't encountered any problems with them yet as a matter of fact I was able to purchase a gadget on ebay with my online earnings and it went smoothly.
1 person likes this
• Philippines
13 Dec 10
So you were able to purchase a gadget at ebay? I am trying to purchase one time but they asked me for a credit card so I leave it.
@ybong007 (6658)
• Philippines
13 Dec 10
Yes, I was able to purchase at ebay using the money I have in my paypal account. Actually you don't need a credit card in fact ebay should not be requiring you a credit card when you purchase from them since the money will be deducted from your paypal account and not tour credit card. The credit card is needed when you want to verify your paypal account but you don't really need to verify your account if you want to buy from ebay.
@sanjay91422 (2728)
• India
9 Dec 10
Hi Primeaque, Paypal service is very good for me as it is quite easy to understand the site. You know that there are sites who accept the payments and send payments through the Paypal. Mylot send you payment through the Paypal. It was easy for me to verify my account in Paypal. It is very famous and you can get the information about it easily. I am going to use the service to a long time if it doesn't have any problem with me. Thank you and have a nice day ahead.
1 person likes this
• Philippines
13 Dec 10
Thank you for the sharing my bro, I am very new to paypal thing so I need your opinion, thank you for the nie sharing, i guess I would be suing paypal too for long period if everything goes smooth.
• Singapore
9 Dec 10
So far, recently, I've just linked my bank account with the paypal account and everything's going smoothly. I haven't cashed out anything yet as I'm intending to buy something online. Hmm...in my opinion, Paypal has a very good system, very detailed and user-friendly.
1 person likes this
• Philippines
13 Dec 10
Thank you.... at least now I will worry no more about my earnings I put in my paypal account though my account still remain not verified.
@Basil2004 (105)
9 Dec 10
For over 2 years I have been using Paypal on a regular basis and as yet have never encountered any problems in either making or receiving payments. I have always felt very comfortable using it both from a convenience and security point of view. I have always seen it as a useful buffer between my debit card and current account and as such an extra layer of security. You have to be wary however of not responding to scam e-mails saying that there is a problem with your Paypal account or any other bank account for that matter.
1 person likes this
• Philippines
13 Dec 10
Thank you so much for letting me know my friend, as least I am secure now, I worry few days regarding my little amount there. Thank you for coming and happy mylotting.
@marguicha (102279)
• Chile
9 Dec 10
I have not had a single problem since I started using it, years ago. I have a verifies account tied to my credit card and whenever a have enough money to transfer, I do it from my computer. That´s all. However, they do charge for withdraws, but other Banks have fees for that too.
1 person likes this
• Philippines
13 Dec 10
Thank you for sharing my friend, for now I decided to put it there for the moment as I need to pay dedicated members of my newly started site... I guess I can trust paypal and that is according to your experiences.
@jpso138 (7868)
• Philippines
9 Dec 10
I have been using paypal for 3 years already. Most of my earnings online are deposited there, I usually wait for the earnings to accumulate before withdrawing. On some instances, I have also use paypal to my online purchases. I never encountered any problem so far. So from my personal experience, paypal is definitely great. and secure.
1 person likes this
• Philippines
13 Dec 10
Thank you for the sharing, I am also planning to keep my money at paypal for now so that I can easily pay members of my newly started website.
@pokumon (647)
• United States
8 Dec 10
I currently have over 700 dollars in my paypal and I think it is very secure. I will withdraw the money as I need it. It sucks that you can only withdraw 500 dollars a month because I think that is such a small amount. Anyway, the reason I have so much is because the guy I was subletting from paid me back rent money over paypal.
1 person likes this
• Philippines
9 Dec 10
700 dollars is a big already, and from that I see that your trust paypal! Thank you.
8 Dec 10
I usually cash out as soon as I have a couple of pounds in there, as much as I trust paypal I do feel a lot safer when the money gets to my bank.
1 person likes this
• Philippines
9 Dec 10
you are right there, the safest place for our money is the bank!
• United States
8 Dec 10
I am not familiar with how Alertpay works, but I personally love Paypal. I have had an account with them for 3 years now and have never experienced any problems with them. I normally keep my funds there for the future, I have never maintained them for to long, because I normally make online purchases through them instead of using credit cards. But I have had nothing but positive outcomes from them, I would definitely recommend them.
• Philippines
9 Dec 10
I find it hard to make a direct purchase here using my paypal account because they normally ask for a credit card... maybe there a few here in our place who accept direct payment from paypal... I am still new to paypal and I am also hoping a good experience there.
@wjack2010 (755)
8 Dec 10
I am very satisfied with Paypal as I get low fees and transfer to bank within 1-2 days! I get lots of offers from them but not too bothered. I have seen lots of stories recently that paypla is getting hacked alot so I am being very cautious! Hackers should be stopped then exectued. :)
1 person likes this
• Philippines
9 Dec 10
One of the most effective form of security too to prevent hackers from getting into our account is the password, so we should have unique passwords for our paypal or alertpay.
@Suggar (3612)
• Bulgaria
8 Dec 10
Hello friend, i'm doing the same with my money, i withdraw them at the moment they come. Because i worked near an year with paypal, i know how slow is receiving the money from my paypal account to my bank account. It takes around 5 or 6 days sometimes, because my bank doesn't work in saturday and sunday, so sunday is never day for receiving money from paypal. If it was easier, like moneybookers has their own debit card connected with the account, i would leave the money longer, but for now, paypal make cards only for England and some other countries, my own is not in the list, so i have to wait them. It would be really much easier if i had paypal card. That's how i could take the money at the moment, when i receive them from every ATM over the world.
• Philippines
9 Dec 10
I hope also that paypal would include our country for paypal cards so that it would be much easier for us. I am new to this thing though, I only signed up for paypal few months ago. I use the paypal of my aunt before, but now I decided I have to make my own for future purposes. Thank you.
• United States
8 Dec 10
I have been in paypal for almost 10 years now. I haven't had problems with them since I started my account there. I know others who have. Hackers into the servers and can cause severe problems. Thing is that happens to any website even with the highest security there is some one out there doing there best to try and break it. It is like a hobby they have. I don't like it anymore than anyone else. It does happen even with banks, they are always updating security because everything is on a server somewhere. No different. Realize though these are not banks, they are Money brokers, the invest in stock to increase their income by using our money, just like banks do. They just don't tell you that. One bit of advice is don't leave a huge balance in your accounts and then try and pull it all out at once. That is what throws a red flag up in the security of these sites. I pull mine out when my balance gets to a certain point. This way if something does happen I won't loose all that I have been able to accumulate from programs I am working.
• Philippines
9 Dec 10
Thank you for this, yes, those risk are always there, people who are into stealing sweats from others are always planning for a good timing, so you are right there, all of us should watch out, it happens everywhere, and as you said, even in the most secured place. I am opening my account now so that I can transfer all that I have there in due time. Thank you for this and happy mylotting!