Fraud using paypal

United States
June 21, 2012 1:47pm CST
I got an email from this site I am signed up with. They have gotten complaints because people are not receiving their checks on time. It also said they do not offer paypal because to many people have committed fraud using paypal. Why should others have to pay because people get too greedy when it comes to making money and using paypal to get paid? Those who have committed fraud using paypal need to have all their accounts terminated and serve jail time. Who wants to suffer for all those who are extremely greedy and do not care that they are breaking the law and making others pay? What should be the proper punishment for those who do steal and commit fraud using paypal, alertpay or any other online site that offers you a way to set up an account, make money and link it to your checking or savings account for you to transfer your money when you need it?
2 responses
@shivanisd (388)
• India
21 Jun 12
Yeah i hate it when sites abruptly stop using paypal. most of the times its a plot to save money. but what can we do? we just have to live and learn from our own experience.
• United States
21 Jun 12
You are right. Still, there are many sites that offer several choices for pay. Why stop offering one way of getting paid for others stupity?
• India
21 Jun 12
so that they can save money and dont have to pay us for our hard work.
• United States
21 Jun 12
Sites that are legitimate should offer several forms of payment. Check, direct deposit, plus a couple more. Too many sites pay by paypal only. Any sites that do not pay anyone, free or not, need to be reported.
@petersum (4526)
• United States
21 Jun 12
Paypal has always had problems but now they have made their own situation much worse by having high charges for small amounts. The main area of fraud, isn't really fraud at all, yet it has been created as a fraudulent practice by paypal themselves. That is the practice of allowing payments to be cancelled upto 45 days later. This has made EVERY transaction untrustworthy. Merchants don't know if they get to keep the payment or not! How can anyone do business like that? As an example, Liberty Reserve (another payment processor) does not allow cancellation of payments. Once paid, it remains paid! Furthermore, its commission is just one cent per dollar. So which is best? If you have a dollar bill in your hand, will you hand it over to a shopkeeper? Or will you stay arguing about it for one and a half months? Whereas it is true that some sites use paypal as an excuse to defraud their members, much of the problems stem from paypal itself.
• United States
21 Jun 12
For the sites I work for, they should offer several choices for payment. The last time I requested a check from paypal, they took out about $10. That money is gone. I would rather terminate my account with them. They should not take out any money. Greed does strange things to people.
@petersum (4526)
• United States
21 Jun 12
I understand that it is common for American banks to charge transaction fees, where in Europe banks are generally free to use if you are in credit. Now is paypal technically an American bank? Either way, 38 per cent is a very high charge!