Quote:
Originally Posted by Rzepecki
I use PayPal for online purchases. I have a credit card linked to my PayPal account from which they take funds. That way I have the protections provided by PayPal and the credit card company. I also have notifications setup on my credit card so that I get an email every time there is a charge to my credit card. Several layers of protection.
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I would just point out that, when you use a PayPal account, you are not dealing directly with the merchant. So, you may have protections that the credit card provides, but you are not protected by the Federal credit card protection law. For example, if you want to dispute the purchase because of a product defect or for non-delivery, your dispute is handled by PayPal and your credit card company and they are not required to comply with the Federal credit card dispute law. Some merchants require payment by PayPal because they don't want to deal directly with their customers, and they don't want to have a credit card charge automatically removed by the bank, which the Federal law requires when a cardholder files a timely dispute.