What is Pay Pal? Is it safe?

Question

when someone is trying to buy something from you off craigslist. They want to pay with Pay pal. It just doesn't sound right?

Answer 1

I think the reason they want to use Paypal is because they want to use a credit card for the purchase. They can try to get their money back so watch out.

Answer 2

Paypal is safe in that your credit card details, etc...  Are not given to the person you're paying to.

However, it doesn't guarantee that the person will just take the money and run.  While you can dispute this it can be really painful and potentially damage your credit rating.

You can however use an escrow service like:

https://escrow.com/index.asp

Or get the person to sell it through ebay to you.  I know this sounds silly but ebay has lots of checks and anti-fraud protection.

Answer 3

Yes its safe, but if you install infectious software, you can get your credit card identity hijacked by someone. So paypal is a good site, but can cause frauds.

Answer 4

Yes it safe its the only way I would pay for stuff on the net as it has buyers protection plan