how safe is paypal when u link it to your mylot account?

April 30, 2008 9:11am CST
hi there, i just want to know how paypal works..is it safe to trust them...coz i just want to know the safety of my money..when i link through it..any bitter experiences with them..or which one do u folks prefer to link in with??
1 person likes this
8 responses
@neildc (17239)
• Lapu-Lapu City, Philippines
30 Apr 08
i am also new in mylot and paypal. i've heard a lot of things about paypal and nothing is negative.
2 people like this
30 Apr 08
am a newbie too..just gaining some general knowledge about all these :)
1 person likes this
@cmelton (160)
• United States
30 Apr 08
I have used pay pal for years on many different websites and I have never had any problems. I am always afraid when it comes to my money and giving out my information. But in my experience pay pal is the safest and best way to go.
@plumwish07 (4057)
• Indonesia
4 May 08
paypal is good payment processor that i never experienced so far and its easy to withdrawal my balance in paypal into my local bank account in 2 or 3 days. i was using e-gold before and easily got hacked but with paypal, i am quit happy that its still safe till now. as long as you always keep your password secure to log into paypal then you will be okay in using paypal anytime you want
1 person likes this
• India
5 May 08
Hi venkat, Paypal has a habit of freezing your account if you accumulate too much. They don't pocket your money, but they see that you can't use it for months while they "investigate" the source of your funds. I guess they want to make sure that you are not a terrorist or something out to blow up another building. :) This is one thing. People in some nations, including India, had a tough time withdrawing funds from Paypal coz it was not associated with any bank back then. Now, of course, there is no problem. You can withdraw your funds directly into your bank account from Paypal. Paypal is fine. Just don't store too much money in there. Simply shift it to a bank account. Cheers and happy mylotting.
@touchnshine (2821)
• India
4 May 08
Hi Paypal is a very trustable site. Well I have heard people having problems with Paypal .. but thankfully I never had any problem with Paypal .. and using it from about 3 years and I am a verified paypal member.. I have only heard problems from unverified members of paypal basically and the problems of verified members are always solved as what I have seen. You are only entering your paypal id here .. and not your password of paypal so you should not worry so much :)
1 person likes this
@figjam00 (1445)
• India
4 May 08
I also thought that thing but I guess paypal is very secure site and I don't think there is no need to panic. Paypal isjust like your bank account it doesn't reveal any information that can cause you harm. So buddy just chilland let the money coming!!!
1 person likes this
• United States
4 May 08
I too have been involved with paypal for several years and never had any issues with them. Nor have I heard of anyone having trouble . It is used on ebay alot and is very secure and protected.I wouldnt' worry about any of this .I trust paypal as much as I do my bank. No worries!
• United States
5 May 08
Paypal is a very secure site and it is very safe using it with mylot. You only give your paypal address not your password. I have been here on mylot for a little over a year and have been paid twice into my paypal account. It is a very safe way to get paid here.
• Japan
5 May 08
don't worry about it safety. i also use paypal. but i never get any money from it .because it just face to some certain citicizen people. and i haven't the USA card, so i don't know how take the paypal account's money to our country card,can you tell me how do it ??