Thread: EBay hack
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Larry Jaques
 
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On Thu, 17 Mar 2005 01:10:12 -0600, the inscrutable Jon Elson
spake:

yourname wrote:

But my point was: how are you *risking* anything more with PayPal than
you would by sending a money order, check, or cash to an eBay seller??
I consider PayPal to be much more reliable/risk free than your average
random eBay seller.

If you open a PayPal account, they link it to your checking account. If
someone penetrates your account, they can empty out your checking
account! I know people this has happened to. It is scary.


That's why I spent half an hour and no money to open a free account
(specifically for Paypal use) at a local bank.

OTOH, when someone stole my credit card number from one of the dozen
vendors I use online (and have for a decade with only this incident to
lament), I got acknowledgement emails from the companies and instantly
notified my bank. The money was back in my account (and no fees were
charged) the next day. They had sucked the account dry and run up some
CC bills since the card was linked to the account, so rapid reaction
was really nice to have. I still use U.S. Bank today. Great folks.


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