Is Paypal a safe way of conducting busines online?

@Jenaisle (14079)
Philippines
January 25, 2010 10:13pm CST
Which one is the safest? paypal, moneybookers or via your own credit account? Which one is the safest way to conduct business online? Those who have a personal experience with each of these .It would be appreciated if you answer the question for those who have not used the application yet, Thanks.
1 person likes this
4 responses
@veejay19 (3589)
• India
26 Jan 10
Hi jen, i only have Paypal and have not had any problem with it so far. I have had it for the last 4 yrs and had got promptly paid in another business which i had been doing then.I don`t know anything about moneybookers since i don`t have an account with them. Paypal is used universally and i am sure it is quite safe.I also don`t have a credit card since i have never felt the need of one upto now.
@jakill (835)
26 Jan 10
I tend to use paypal all the time, and never had any problems yet. In fact I hold American dollars there for online purchases, and until it's a favourable time to convert them to sterling. I shall follow this thread with interest.
• India
26 Jan 10
Yes, Paypal is absolutely the best e-bank for money transaction. Infact, paypal is the safest and easiest medium for e-business. Paypal is always concerned with its customer's safe money transaction. Paypal takes great care to protect the paypal account from hackers.This by informing the customers to change email id or to change password,whenever paypal thinks that the present account has been used by a third party. A few days back, Paypal asked me to change my email id and passward for safe transaction. Previously ,before i joined mylot, i used to earn money through CIAO by writing product reviews.I received the money into my local bank via paypal. Paypal sent the money in time. I am really impressed with the service offered by paypal. You can also buy products online through paypal.So,if you want to do anything like e-business, Paypal is the best.
• India
26 Jan 10
Paypal is the safest way for online transaction.Credit are are most often used.But this is the age of e-currency.Credit cards are generally hacked pretty easily these days.But paypal is the safest way.Moneybookers are a similar thing but they dont have such a good reputation as paypal.I always use paypal for online transactions