posted on February 15, 2001 04:01:28 PM
I noticed whenever someone posts anything negative about PayPal, someone from PayPal comes to the board to instantly to defend the company. I wish they had that kind of customer service when you email them! I sent them an email a year ago and still never recieved a response! Not to mention the poor service from X.COM! Actually I have emailed PayPal many times and have never once recieved a response.
One thing, for all of you who think you might get referals from PayPal, you most likely wont. I have many referals and if you check, you probably do too and they all say "Pending." PayPal promotes itself with the referals. A lot of people who are just now considering signing up see the "Refer your friends and earn $5!" and they assume that they will really get a kick-back when in fact that is very unlikely. Also, not only does the user have to sign up with a money market account and give their SS#, the user has to do all the following:
1. Sign up for PayPal (no problem)
2. Confirm their email address (no problem)
3. Confirm a checking account (a little hassle)
4. Add $100 or more by electronic funds transfer into their PayPal account (on the phone I was told when they first sign up if they don't add $100 into their account at one time, We dont get any bonus!)
5.Sign up for a Money Market Fund (Most people don't need it, nor would want it!)
I will still might accept PayPal, but I will no longer promote them. Thus, I will get less payments through them and I can downgrade my account to personal and pay no fees.