PayPal: “The [un]safe way to pay and be paid” …

“How to complain about PayPal in the UK”
http://www.mukaumedia.co.uk/complain-paypal-uk/
On this article, when I last looked, 410 negative readers’ comments on “PreyPal”—well worth a read for any merchant using, or thinking of using, “PreyPal” to accept payments and who has not as yet had a problem with “PreyPal” because, when you do eventually have that problem, it could be a serious business-threatening problem …

“PayPal: 'Aggressive changes' coming to frozen funds policy”
http://money.cnn.com/2013/01/21/technology/paypal-frozen-funds/
Of the 368 readers’ comments currently on this article, see if you can find any that are complimentary of “PreyPal” …

And, just for fun, a story from Anna Tims of the Guardian/Observer detailing an apparent systems failure at “PreyPal” that undoubtedly affected who knows how many people …
http://www.theguardian.com/money/2013/sep/01/paypal-refund-missing-money

And another story from Anna Tims demonstrating eBay's unconscionable lack of fair transaction mediation and hard-wired bias towards buyers; 324 readers’ comments on this story; see if you can find any that are complimentary of eBay ...
http://www.theguardian.com/money/2013/dec/09/seller-beware-listing-ebay

“eBay Seller Caught in the Middle of PayPal Dispute”—ecommercebytes.com
http://www.ecommercebytes.com/C/letters/blog.pl?/pl/2013/9/1378388736.html
This story is the classic demonstration of just how unprofessional and “clunky” PreyPal is and always will be because “PreyPal” is little more than a credit card merchant account operator (with Wells Fargo Bank); an extra layer of clunky middleman operating in between the seller’s PayPal “pretend bank” merchant account and the buyer’s source of funds.

And yet another interesting article in the Guardian on the lack of security and protection for sellers receiving payments via eBay’s clunky “PreyPal” (or dealing with Bitcoins); note the many negative readers’ comments about “PreyPal”.
http://www.theguardian.com/money/2014/mar/01/paypal-bitcoin-scam-ebay

And, while we are at it, an independent view on Bitcoin …
http://seekingalpha.com/article/2120043-bitcoin-is-sinking-fast-so-are-hopes-of-bitcoin-related-investments?v=1396512737

“Anyone rushing out to load PayPal onto their phone might want to stop and read The New York Times Haggler column from Sunday. PayPal apparently generates a huge percentage of The Haggler’s traffic.”—Tom Groenfeldt, Forbes …
“If PayPal isn’t the most reviled online company in the country, which is? The Haggler invites reader suggestions for this unhappy title, but before you write in, consider the sheer quantity of animosity that PayPal inspires. There are anti-PayPal Facebook sites, anti-PayPal YouTube tirades, PayPal-loathing Twitter accounts and more than 550 complaints about PayPal on ConsumerAffairs.com.”
Yet another classic, ugly, PayPal story …
http://www.nytimes.com/2013/10/13/your-money/stuck-in-a-dispute-between-paypal-and-itself.html?ref=thehaggler&_r=0
Clunkity, clunk, clunk, clunk …

And (yet) another negative “PreyPal” story; an oldie but well worth a read …
http://nrgfxit.net/2010/12/16/paypal-a-standard-bearer-for-the-class-of-out-of-control-online-service/
“PayPal (Owned by eBay) is symptomatic of the Achilles heel of online commercial ventures today that leave users in distressed states of helplessness. An innocent trust given in good faith by a user is not reflected back by the service provider, in fact it is abused and taken advantage of.” …
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And another quite typical “PreyPal” horror story, ultimately “fixed” …
http://boards.straightdope.com/sdmb/showthread.php?t=700733
“… I know it is child's play to get creative with a graphics program and manufacture what may apparently look like a utility bill with someone's name on it. Not that I would do such a thing which probably breaks all sorts of anti-terrorism laws and would subject the perpetrator to drone bombings and/or water-boarding. You know things have gotten out of hand when honest people have to lie just to get around the impossible [PayPal] bureaucracy.”

“How to sue eBay or PayPal [in the U.K.]”
http://www.thewholesaleforums.co.uk/threads/how-to-sue-ebay-or-paypal.44565/

“Your Legal Solution To PayPal's 21-Day Hold Policy [in the U.S.]”
https://www.paypal-community.com/t5/How-to-use-PayPal-Archive/Your-LEGAL-Solution-To-PayPal-s-21-Day-Hold-Policy/td-p/21177

The reality is, as a merchant, if you have not yet been burnt by “PreyPal”, then your turn is coming, and being burnt by “PreyPal” can be a serious business-threatening situation. PayPal’s close association with the “wild west” eBay marketplace has destroyed any credibility “PreyPal” may ever have had with many merchants and frankly, I think that anyone that thinks that “PreyPal” now has any long term future outside of the eBay marketplace or as the merchant account provider “of last resort” for non-professional sellers, is uninformed as to just how unprofessional the clunky “PreyPal” operation really is when compared to the retail banks’ MasterCard/Visa operations and the new “MasterPass” and “V.me” digital wallet offerings …