Is it safe to give my credit card details in Paypal?

January 2, 2012 6:12pm CST
I'd like to withdraw my money from my paypal to my local bank but I was asked to link it with my credit card or debit card. They are asking even the security code.. for those of you who had experienced with it please share with me if it is safe to do that. I'm hearing many cases from paypal but I knw paypal is the number 1 online payment. Your comments/reviews will be my basis of decision. Thanks!
1 person likes this
19 responses
@phillyguy (3005)
• Philippines
3 Jan 12
Paypal is the most trusted online payment system, majority of the online merchants and money making sites are using paypal. Asking credit card details is a normal process for verifying our account in paypal.
@phillyguy (3005)
• Philippines
4 Jan 12
yeah you get my point and most if not all of the members of mylot trust paypal so don't worry about it but just be always careful and make sure that you always login to the right paypal website
3 Jan 12
if merchants and big business man trust paypal why shouldn't I right, nice point. thanks to your comments.
3 Jan 12
Yes it's safe. I can't imagine that you'd have any problem at all. PayPal's a reputable company and they certainly won't pass your credit or debit card details on to anyone else. I've been using them for years with no problems whatsoever.
3 Jan 12
thanks citizen_stuart. I know most people who work online prefer to use paypal. I've seen it in alexa and it's highly ranked from the rest of other online payment. It's just so nice to hear your opinion before I finally decide to give it.
3 Jan 12
i use pay pal all the time and i withdraw money from pay pal to my debit card, it's very safe, no need to worry
@paoxav (1382)
• Philippines
3 Jan 12
Its definitely nothing to worry if its paypal. They are the most reputable money transfer in the Internet. Just go on. What you have to worry is if your computer is filled with virus or trojans upon inputting your details so make sure you scan your unit before doing it to avoid getting stolen.
3 Jan 12
yeah I agree but whenever I open my bank accounts I use inprivate browsing setting. I think that helps coz it doesnt store my personal details or doesnt allow any cookies. thanks for your comments.
• Australia
3 Jan 12
It is extremely safe and I have used it for countless of years
3 Jan 12
countless of years that's a strong proof that paypal is great and the reason why many people like you are satisfied with their service. thanks
@indi15 (888)
• India
3 Jan 12
I also have to register to paypal to earn money from sites. I also have this apprehension in mind but now after reading so many comments, i guess its safe when all are saying.
3 Jan 12
good thing we are in common apprehension and through this discussion myloters were able to deliver us good feedback for paypal. This leads us to the same conclusion as well.
3 Jan 12
Hi jobfindonline, The answer to your guestion is yes. Paypal is a perfectly reputable and safe site for you to use. I have had an account with Paypal for a long time and I have never had any problems at all. It is also quite straightforward to keep track of your transcations on the site.
3 Jan 12
it's good to hear this comment from you all thanks
@GardenGerty (160663)
• United States
3 Jan 12
I have had my account for over five years now and never had a bit of trouble with PayPal. I feel it is safe.
3 Jan 12
oh really five years and not a single trouble from them. this is a great proof that paypal is really a trusted site. Thank you gardengerty.
@iwinagain (545)
3 Jan 12
It should be safe. They have a privacy policy where they are not allowed to give out your personal info. without your permission. They are a worldwide payment processor, and many people on Ebay use them so it should be fine.
3 Jan 12
yeah they have a privacy policy the only thing is when their system is hacked but I guess they have a strong control of that. thanks
@Archaiwy (599)
• China
3 Jan 12
maybe it's safe but i don't think it's wise.
3 Jan 12
thanks for your comments
• United States
3 Jan 12
I have been using PayPal for years and I've never had an issue with my debit card information while using the site, just make sure you have a strong password for your PayPal account and you shouldn't have a problem.
3 Jan 12
oh yeah I need to have a strong password and change it frequently. thanks reviewmedia!
@yallit (3677)
• Philippines
3 Jan 12
I've linked about 3 credit cards with my Paypal account and I haven't encountered any issues at all. In fact Paypal helped me out in ensuring that I don't personally give out my credit card info to merchants when I purchase products online. There was a time when I failed to receive the product I purchased online and Paypal help me recover my money and was reimbursed back to my credit card. Funny thing is that I even earned an interest because of the exchange rate difference.
3 Jan 12
I guess you really trust paypal that much if you linked your three credit card with it. Hmmm there must be really good reason why a person like you and so many other people are using paypal. thanks a lot!
@Mashnn (4501)
3 Jan 12
Everyone who uses Paypal has to give out his credit or debit card number. I think it is one of the safest payment system that we have online. Do not be afraid to give out your credit card number.
3 Jan 12
I think I shouldn't be afraid anymore now that I'm hearing good feedback from you all. Thanks to your comments mashnn.
@boyuancy (1708)
• India
3 Jan 12
I think it is safe. I am asked to give my details too, but I haven't got my debit card activated yet. The reason is, if you make a purchase, and there aren't enough funds in your PayPal account, then the rest will be drawn straight from your bank account.
3 Jan 12
hello boyuancy I first learned this from you thanks for that info.
@macanan (153)
• Indonesia
3 Jan 12
i think it safe. paypal is one of the best ecurranecy site and globally accepted. i think it is okay to sare your credit card information in paypal. many people do that and they have no problem with it. eventhough now paypal allow bank account o verify account of member. but credit car is still the fastest way
3 Jan 12
as many of you are saying thanks fr your comments
@cripfemme (7698)
• United States
3 Jan 12
I have never had any trouble with them and have had an account for over three years. I get all my online payments (3 websites) through them. I also contribute to various other causes through paypal. It's all been fine.
@connierebel (1557)
• United States
3 Jan 12
In my opinion, it is as safe as any other reputable transaction online. I've had several accounts linked to Paypal, and never had any trouble. I did hear of an incident where someone had their bank account information stolen and the theif also accessed their Paypal account, but I guess as long as there are thieves in the world there will always be some risk with everything.
3 Jan 12
yeah that's the risk we should all take whenever we purchase or use our card online.. there are so many thieves out there and I'm very hesitant when it comes to doing online thing using my card.. I don't even use the 1% of it's credit limit. thanks for your opinion.
@trisha27 (3494)
• United States
3 Jan 12
I've used paypal for quite a while now and it is safe I think and in my opinion. I have never had any problems with it at all.
3 Jan 12
trisha thank you so much it's nice to hear good feedback from paypal users like you. I guess this and all the good comments I am receiving in this discussion will convinced me enough to give my credit card details.
@sanofer (525)
• India
3 Jan 12
i also joined paypal two days before. Actually paypal is a reputed world wide payment processor. So our details will be safe. Many are doing more transaction via paypal. So lets hope for the best. If you feel its not secure,better open a separate account in bank for using paypal.
3 Jan 12
Thanks sanofer that is my another option to open a debit card coz the one I added was not accepted coz their requirement is the one with a logo of mastercard or visa and the like. But it will take some days before I could get a new one. thanks for sharing your experience.
@jaderamirez (1029)
• Philippines
3 Jan 12
Paypal is safe I was also asked by that kind of information. I trust Paypal so much because I received my money on time whenever I withdraw my money with them.
3 Jan 12
hi jade thanks for your comments. payments of them are always on time and not even once delayed?