Quoted from o-din:I keep a paypal account for small purchases off eBay and some pinball parts purchases. Very convenient for that.
But I found out how evil they are when I accepted $4000 for a pinball machine that I just wanted to see gone and that is the only way the buyer who I trusted was willing to pay, fees and all. And then I could not get it out as per the user agreement. So I learned and never did that again.
At one point my account was so jacked I could not use friends and family at all. So the rep I talked with was very helpful and told me to just close the account and start over. Been fine for my occasional menial purchases and gifts ever since.
It's also risky putting your credit card out there for grabs, so you kinda gotta pick your poison on long distance purchases from people you do not know.
I received a $5000 payment for a pin had to wait 14days for funds to be available after the wait they still won't allow me transfer the money, spent mins to get through to a customer care lady, not that it was helpful had to refund the money. since buyer had received his pin already he wired money. Never again would i use them.