ok this site ain't new but it has the horror stories and the alternatives to paypal its worth a look at least and info how to protect yourself from the fraudsters
Well, i have never actually had a problem with paypal. I have had my account investigated twice because of some stupid complaints but they were sorted out within a matter of days. The only bad thing about paypal is the high transaction fee! I lost $150 on a transaction last week
Well i dont have paypal account but most of my friends do.. btw i saw on paypal that they havemore than 50 million accounts :S.. could all of these have problems with paypal?
I don't think all of them have problems but only a few. I havn't had any problems personally with PayPal yet. I think it's a life saver but I guess the people at paypalsucks.com doesn't think that way.
i have had my fair shares of problems with paypal. It seems they have a bad security problem over there and are in no rush to fix it. They have very little liabilty to deal with and actual make money if someone uses a fraudulent account to buy digital products (they charge a $10 fine per fraudulent sale).
Just be careful, I still like paypal for its ease of use, but have had to drastically step up security on our site rather than relying on paypal's security.