Paypal gain popularity in the western country particularly in its Origin in the USA but it already have so many issue like hidden charges, Double charging, and a collector of the most sensitive information which is the Credit card. This is paypal business they earn double and you lost triple. Every time you join the known secured but unsecured financial system like this, you put your risk morethan your capacity to protect yourself.
How to consider Paypal earn double and you lost triple for 200% loss?
1. When you join this online Paypal money you exposed your personal information to a company whom you didn’t know if they would really care your protection or not (loss 90%). Your loss is already 90% for exposing your sensitive personal information to Paypal a chance for identity theft is even more than 90%. A certain government authority now is spying Paypal’s transaction because the soaring cases of Identity theft had leaked that information are from Paypal insider.
2. Second is when they require you to add your financial ticket is another risk. When you add your bank account and credit card to them is the most stupid things in one’s life. The Personal information is already leaked plus the financial information which means they are holding your life now risk 80%
3. After you added your bank account and credit card account as a process of verification, they will start charging you. Though Paypal will refund your after your verification but they will still charged you for the transaction 20%
How Paypal earn double while members loss is triple?
1. Form adding your credit card and bank account information, you were already charged.
2. When you send money, they will charge you for 3.4% + another hidden charge
3. When your money receiver got the money he/she would be charge again 3.4% + another hidden charges. Every transaction is already deducted with 6.8% from the gross amount plus hidden charges.
Paypal’s Dangerous hidden charges
The sad thing for Paypal is their hidden charges. You would not know how much is the hidden charges they will owe to all members in their every transaction. The risk of your personal information plus the risks of your bank account plus the risk of your credit card information plus the double charging and hidden charges will mean PAYPAL is a form of SCAM.
Paypal’s alibi for Securing your account for your fall
1. 2 strategy of Paypal for ups and downs members. If they think that you are a moneyed and valuable person for their business, all they have to do is to limit your account with any manufactured reason. If they think that they could not Earned money from you also because you are a smart member, they will do the same. They will limit your account to that you will leave Paypal. Their priority are those people who are valuable and moneyed. They will limit the account for any manufactured reason for them to contact paypal. After then they will ask very sensitive question as the key for your final loss. They will dig you up including a very secret information in your life so they could use it for “Identity theft” information.
2. They pretend to be very secured online but you are not secured with Paypal insider. They will collect your vital information and rank you for their future plan.
3. Paypal is not secure because you don’t have any hold of evidence and documents that your money is in the right hand. If you think of a secured E-money use the credit card or any other E-money that will send you a real public documented evidence that your fund is insured and secured plus an online “keyguard”. If you are not in the USA, be careful, you would spend thousands to call paypal office for your delayed money and they will not act fast on it. Asia, Europe, South America, Middle East and Oceania is not advisable to use paypal. Be careful of the Paypal back to back Scam.
From: Global News Online