Paypal problem

[angelacmoore]

Now the first thing I have to say is that Paypal caught this problem and put it right reasonably fast BUT this is why I do not trust Paypal. As you know, to have a Paypal account you have to give them access to a bank account, whether or not you intend to use their "instant banking". (As far as possible I only use my Visa card through Paypal.) So I set up a special bank account, where I only keep $20.00 or so at a time. Just as well. Somebody hacked into my Paypal account and tried to pay Skype 50.00 Euros directly from MY bank account. It went through, but put my account firmly into the red, which triggered flags a day or so later, and Paypal limited my account, reversed the transaction and notified me. I then had to spend a few hours sorting this out and changing passwords and getting re-instated, so that I could actually use the account again for some purchases. I also had to make sure the bank didn't charge me a dishonour fee. Yes, the AU Paypal staff were accessible, helpful and diligent. But it shouldn't have happened in the first place. So, DON'T let your main bank account be the one you register with Paypal. There could have been a lot more money involved than just a few dollars.

[artistjillian]

Good warning there! I just taught a class today - and talked about opening a PayPal account - AND TOLD THEM TO OPEN A SPECIAL BANK ACCOUNT ... just for doing this. :) -- ~Jillian artist, Jillian Crider ... google me!

[froghollercreations]

i have a friend in another group that had that happen it was the same thing those phoney skype charges i opened a seperate account and do not use my main account for pay pal either too many complaints about them and i am constantly getting phished from someone saying that they are pay pal sometimes 3 in a day recently i started getting ones from someone saying they bought somthing from me and need more info but they are dumb they always ask for somthing that is clearly in the listing that red flags them to me -- LUV LORRIE B

[purplehorse4552]

That's very scary. I'm glad you started this post. I have been using my bank account and will immediately open a separate one. I received a couple of phising e-mails lately claiming to be from Paypal that were regarding a disputed payment that I was supposed to have made for over $1000.00. When I clicked on it it took me to a page that looked like paypal, but it wanted my bank information! I got out of that real quick and contacted paypal who assured me that I had no dispute and that it was someone trying to get into my account. I changed all my login information to make sure it was secure. Then the other day I was transfering some funds from paypal and got a warning message that someone was possibly trying to intercept my transfer and to stop the transfer. That scared the heck out of me. As much as I have enjoyed doing the Ebay thing, I'm beginning to get very paranoid about paypal. I was thinking about discontinuing it and just accepting money orders but now I've heard that Ebay may quit accepting snail mail payments and only accept paypal or other electronic payments. Scary Scary stuff. - purplehorse4552

[artistjillian]

If you EVER get something where you have to put in your password .... put in a fake one first. If it accepts it you then KNOW that it's a scheme, because they will just let anyone in regardless of password, as they don't know it. I love PayPal. I've used it for about 6-8 years for thousands of transactions. -- ~Jillian artist, Jillian Crider ... google me!

[purplehorse4552]

Thanks for the password tip Jillian. I will certainly do that from now on. I love PayPal too. I've only been using it for a few months and this is the first time I've had reason to get nervous:O. Beginning to calm down a little now because I've had several experienced ebayers like yourself assure me the last couple of days.