Hey Mylotters is PAYPAL safe enough to disclose personal info?

Tweet

I still have to update my payment method details in mylot. It is asking me to register with PAYPAL. But I'm a bit reluctant to give any personal info to PAYPAL. I have heard it is safe and the info is highly secured. But still i fear it can be misused. So can anyone tell me is it safe to give ur personal info like bank details to PAYPAL?