[Joeaksa]

Originally posted by on-ramp
good idea. I do the same thing to protect myself from charge-backs. Paypal can never take money from your bank account. If there is ever a charge-back , your balance goes negative until the dispute is settled.

Excuse me? Where do you get this drivel that they cannot take money from your bank account? They have locked up the bank accounts of thousands of account holders. It usually takes 2-6 months for PP to unlock the account so your money is stuck there until they do it.

I opened my PP account with a bank account then ran it dry with no overdraft protection. Then put an AmEx credit card on it and use it that way. PP does not like it but its legal as I control the system and not them.

Try looking at www.paypalsucks.com sometime. From that site:


That PayPal can, will, and has in the past, completely cleaned out customers' accounts, (including your checking or savings account) with no appeals process available. Instead they bury in the fine print of 37 pages of their "Terms of Service" (ToS) where they disclose to you that PayPal can close your account for any reason what-so-ever, or no reason, and then you have to wait 180 days to get your money. Think that'll never happen? Think again. That's what everyone thinks till it happens to them.