this post was submitted on 27 May 2025
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Privacy
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I'm behind the times. Amazon is obvious, but why is PayPal bad?
Big Monopoly and founded by Elon Musk and Peter Thiel among others.
https://en.m.wikipedia.org/wiki/PayPal#Criticism_and_controversies
Check trustpilot, Paypal is universally known to be a dis-functional piece of junk. People perma banned for no reason, scammers still using it without issue, transactions are a hit or miss, you need one account by country (if you happen to go overseas and have a bank account there). I used it like 4 times: paid for goods twice, received a salary, sent my wife some money during covid then we got both perma-banned with 0 reasons given.
the fees are horrendous and they are able to close your account at anytime and lock you out of money.
This. If you really have to do business with PayPal, do not ever keep a balance with them. If they close your account, they will keep that money.