The Bad Side Of PayPal You Probably Are Oblivious To


The nature of humans postulates that our hearts mostly want the positive sides of issues, filtering, and leaving out the negatives. Sure, it’s a good thing to always want to be positive; but not to the detriment of knowing the bad side and addressing it. You see that PayPal account you believe is so software-righteous and probably heaven-sent; the truth is it is fast becoming a necessary evil. I know you don’t want to hear this but you just have to. Now I’m not here to murder PayPal; what I actually want to do is tell you their shortcomings so that you will know how best to deal with them when making transactions.
I know you have gained a lot from this system and transactions most possibly couldn’t have been easier without this function, but I just want you to give me 15 minutes to tell you why 50% of the trust you give it shouldn’t be.


The good part side is that because most people are always wary about providing their credit card or bank account information to online associates whom they are not all that familiar with; PayPal, in this stead, acts as a middle agent. They ensure that a customer’s account information never reaches their clients’ associates.
But the bad side (which I am very sure you never knew) is that due to security issues and government regulations enacted to limit the transfer of money to criminals, PayPal sometimes freezes an account when it suspects it of illegal transactions (which, in some instances, might not even be the case). Accounts may be temporarily frozen because of a suspected security breach and held for even longer until investigations (which might even take longer than a nine-month pregnancy) are conducted and concluded on the account. Trust me; you don’t want to imagine what this hold-up could possibly cause your business (more painful especially when you are innocent of the suspicions).


The good side of the technicality of PayPal is that setting up a secure e-commerce website can be initially difficult and expensive. Many businesses with a small web design budget opt to use PayPal as a payment option simply because of its easy implementation and usage. PayPal provides the plug-in which website operators then insert into their sites, after which the PayPal code takes care of the rest by directing users to a secure server, creating invoices, and managing the fund’s transfer.
Now to the bad side of this technicality factor; despite the fact that PayPal serves as an agent between the general public and personally operated bank accounts, its terms of use provide it access to its clients’ accounts. I don’t think I have to tell you that service error that occurs most often could result in the deduction of massive funds from your bank account even without your authorization. Just imagine such a scenario where you have your account swept empty by PayPal due to some technical issue on their part and you might not even be refunded because they might tell you such never happened. Then your next option will be to head to court; you could have actually just saved yourself all that trouble.


It’s a good thing that PayPal allows for small businesses to use its services free of charge even though they claim a portion of every payment made to big businesses by their associates as a transaction fee. Bigger businesses may choose to operate under its Website Payments Pro plan, which allows payments to be made directly on your website without redirecting them to PayPal’s payment page for a fee.
However, there is one monster here, and it is that if businesses have a dispute with PayPal over charges of fraud, account freezes, or other administrative problems, there are little or no resources at available to the plaintiffs. PayPal’s terms of service grant the company dominion overall funds in its possession, so investigations into complaints may be carried out without having to provide report documentation to the client. In fact, if it’s a business account, you might even lose the product you are complaining about and still risk being made to pay a refund to your clients.

Client Care (Customer Service)

On a final note, worse still is the fact that PayPal is negatively renowned for its unreliably poor customer service. They are of the habit of hiding their phone number and only sending out automatically programmed responses to email queries. I don’t say I have remedies for all of these demerits; you just might even be the remedy. All you have to do is apply caution to your dealings with PayPal and use wisdom in choosing from their services and plans. Seriously, you don’t want to go under the knife in 2020.

Is It Safe To Accept Money From Strangers Using PAYPAL?

PayPal is made with both consumers’ and sellers’ security in mind. As long as the network you’re using is secure, every piece of information that is transmitted between your device and PayPal’s servers is encrypted and protected.

Is It Easy To Defraud PAYPAL?

PayPal scams cover a wide range of tactics and strategies that con artists employ to persuade victims to pay them money, grant them access to their accounts, or divulge personal information.

Why Can’t I Transfer Money Using PAYPAL?

The transfer may be prohibited by a restriction on your PayPal account. Removing the restriction will allow you to use your account fully once more. It’s possible that the quick transfer cannot be processed through your bank account or debit card. Change your bank or credit card to one that accepts PayPal’s fast transfer.

Can I Use PayPal To Receive Money Without Connecting a Bank Account or Credit Card?

Receiving funds in your PayPal account does not require a credit card or bank account. PayPal will want you to establish a bank account before you can send money to loved ones or withdraw money.

Can Someone Steal Money From Your PayPal Account?

The most typical methods used by fraudsters to steal money from PayPal users include spam, phishing, and other forms of fraud. You are aware of the safe practices for using PayPal, but con artists constantly devise new methods to enter people’s accounts and steal money from them online.

You just have to be smart in the business sphere, as anything short of this might spell doom for your business. I can only wish you Good luck!
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