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PayPal Concerns

June 3, 2008

A lot of us try to use PayPal to keep our credit card info secure online. But is it much better than a credit card?

Amy Derby of Freelancaholic (and and tons of other sites) had her PayPal hacked, and found that PayPal’s staff was less than helpful in resolving the issue. After the hackers sentthemselves money, PayPal then froze her account, stopping her from accessing her own money. This is a disaster for any of us, but especially bad for a freelance writer who relies so heavily on PayPal.

Travel blogger Simpson’s Paradox has also been shut out of her PayPal for trying to use the account abroad.

I’ve seen some tips for protecting yourself when you use PayPal, but they’re nothing more than the obvious. Use a good password, don’t give it out, etc. I think
PayPal may be safer than using a credit card number, if you shop online, but their customer service and security “features” leave a lot to be desired. Be careful, even with your PayPal

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