save money in paypal

@azis74 (228)
Indonesia
September 23, 2011 1:40pm CST
I have few dollar in paypal. I plan to keep it for a long time and pick it up if there's more. IN your opinion, is it safe to save money on paypal for long time?
7 responses
@puccagirl (7316)
• Israel
23 Sep 11
Yes, I do not see why not. Just make sure you have a safe password and don't give your user details to anyone who should not have them.
@azis74 (228)
• Indonesia
24 Sep 11
User name and pasword are the key to our money , surely it must be stored propperly, thank you for your response
@prasanta (1947)
• India
23 Sep 11
They are just a trasfer agent, as far as I know, they do not pay any interest on the money deposited with them. So, in my opinion, sooner you take out better is the result.
@azis74 (228)
• Indonesia
23 Sep 11
This may be a bit distinguished paypal with bank. thank you.
@mariahhh (1328)
• United Arab Emirates
27 Sep 11
It is safe in Paypal, but for me, I will never leave a money online. And I read one discussion here in myLot about one member. He said his Paypal account was hacked.
@varier (5699)
• Indonesia
27 Sep 11
As long as we can keep the password safely, then I believe it is really safe to save money on Paypal. It is including but limited to: beware of keylogging and phishing, use password that is different with password we used when we signed in to another website. And also we have to try our best to follow Paypal TOS, or they may limit our account, making us unable to send/withdraw our money. While it is safe enough to save money in Paypal, I prefer to transfer my Paypal Balance to my Bank. Somehow I like "real money" more instead of "virtual money" ..
@Xes210 (295)
• Australia
27 Sep 11
yes it is safe to keep money in paypal for a long time, paypal has been online for over 12 years now and has never lost anyones money so its safe, if you have a alertpay account you could invest in a HYIP program and get profit but that can be risky.
@grkelly (1216)
• Malta
26 Sep 11
Paypal is a safe system. However I would suggest that you do not leave a bulky sum pending in there just in case. But you should be aware that if you wish to withdraw money to your card there is a charge/fee. If you are a person who likes shopping online you can always pay for your purchases from your paypal funds. Most sites accept paypal payments. It is a good idea to avoid leaving money in there and to avoid withdrawals.
• United States
23 Sep 11
Paypal is a very safe place to hold your money. It is like an online bank account in many ways. If it was not safe I don't think paypal would be around as long as it has. No worries. Your money is safe! Good luck getting more in your account.