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2 years, 2 months ago

Is paypal still used by websites? Is it a trustworthy site?

Most websites that I go to don't use paypal, and the few that do have the paypal logo, I can't even find paypal in the methods for withdrawal of fund.
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thomas_k | 2 years, 2 months ago
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It's not only still in use . . . it's growing. More and more online shops (Barnes and Noble are one example) are accepting PayPal as a payment method, and many smaller internet businesses / sole traders etc. (even youtube personalities offering advertising on their channel) find it a useful option, simply because it is a useful option for their customers. The idea of transferring funds online (outside of credit card transactions) is still new to many people, but in my own personal experience, I am seeing the PayPal logo more often than in the past.

Here in Ireland, PayPal has its European headquarters, and seems to be adding to its workforce every few months. The link below features an announcement from last year, in which the company's president Scott Thompson is quoted as saying that the company's business was growing in spite of the global downturn.

http://www.rte.ie/business/2009/0326/jobs.html

This makes a certain lot of sense, as the advent of the recession / downturn saw many people shopping more online, with many items proving to be cheaper from eBay etc. Paypal is of course intrinsically linked with eBay (it is an eBay subsidiary) and eBay itself is become increasingly popular.

As regards trustworthiness, thus far PayPal appears to be a pretty secure site, and you can always take extra precautions yourself, eg use a unique password for your account, limit the funds held in the account, etc.

You might be surprised at how often you start to see the PayPal logo around in the near future.

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philipy | 2 years, 2 months ago Report

My feeling was that Paypal was growing too, good to see the evidence to back up the feeling. With more online shopping, more online freelancing, new online business models like rev sharing, I can't see it going anywhere but up.

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mithrandir | 2 years, 2 months ago
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Definitely, Paypal is still in business, and one of the safest methods of transferring money globally. They actually have banking rights in many countries.
In The Netherlands, where I live, they have joined together with the largest online second-hand shop, called 'Marktplaats". Any paymend done there through Paypal is guaranteed up to 200 Euros, in case the seller doesn't deliver. So there they aren't only the money transferrer, they are also part of the insurance.

Also, this very site, Mahalo, uses Paypal to pay its users (that's us, Mahaloians), as soon as we request a payment, and we qualify for payment. And also for people how want to but Mahalo-dollars, in order to finance high profile pages.

I myself use it extensively, on both these sites, and to great satisfaction.
source(s):
www.marktplaats.nl www.paypal.com

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optimadesign | 2 years, 2 months ago
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Paypal is definitely still used, and one of the best ways to collect payment on a website. It is secure, and a very quick implementation for 3rd party shopping carts, without having to worry about installing SSL or payment modules.

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rsunset327's Avatar
rsunset327 | 2 years, 2 months ago
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Yes.

Paypal is awesome and if you ever buy anything you usually wouldn't buy or spend a lot at once, Paypal will call to verify that it's actually you spending that money.

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greytdogz1 | 2 years, 2 months ago
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I have been using Paypal for years as a buyer and a seller (my own website). I have never had any issues with Paypal and find them to be a very valuable source for online payments. I think it remains one of the most well-known, safe, and popular merchant accounts.

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