Is it safe to use PayPal as payment option on your online earnings?

Philippines
November 5, 2010 9:15pm CST
I am using PayPal for three years and have no problem with it. But I read some articles that made me think. People are complaining. Some lose their money.Some did not receive their payments. And others are hacked. Is PayPal vulnerable to hackers? I have read some suggestions to change your password regularly inorder to prevent hackers trace your password, http://webupon.com/web-talk/how-to-change-your-paypal-password/ is this possible? Do hackers have the ability to trace passwords?
2 people like this
4 responses
Nfreitas
@Nfreitas (2)
• Portugal
6 Nov 10
I've used paypal many times and never had any problems. I think it is the safest method on the internet.
calpro
@calpro (930)
• India
6 Nov 10
I just joined paypal,and this post is making me think.hope everything goes well and as you said you did not encounter any problems.So i hope it works fine.please update if any kinda bad experiences,it shall be useful for new users like me. Thank you.
paula27661
@paula27661 (15811)
• Australia
6 Nov 10
As far as I know PayPal is a very secure site that cannot be hacked. There are fake emails out there claiming to be from PayPal that want your details and they are to be reported to PayPal immediately. Apparently the fake emails do not address the member by name and just have ‘Dear member’ or ‘Dear account holder’ on them whereas PayPal would always address people via email with the account holder’s full name and never ask for personal passwords or details...
johnnykay
@johnnykay (1056)
• Hungary
6 Nov 10
I can't imagine that paypal is the cause they're losing their money! So don't be affraid my friend, Paypal is a honest site and you can use it with trust! Have a nice day!