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as someone who runs in excess of $100k through Paypal annually and never had a single issue since day one, I chuckle at all this "the sky is falling" tinfoil-hat misinformation about Paypal. They have rules you need to follow, same as any other financial institution.
But all one needs to do is read a any message board online to understand what the folks at Paypal as well as Amazon or any other online vendor have to deal with in terms of nut-bars.
I earn an uncapped 1.5% cash for back for all my purchases using my PP credit/debit card which pretty much zero's out the cost of accepting payments via PP, in fact I add funds purposely to get the extra cash back every month. It's higher interest than a bank these days. For me PP is far better and cheaper than a merchant account and the hundreds of dollars it can cost every month just to have the account not including the discount fees.
Additionally using Paypal is far safer for the buyer than a credit card in terms of protecting your card numbers, checking account number or whatever. Of course these days some banks and credit card companies will generate single user CC numbers for you to use for online transactions. That might be the best of all options. Of course PP did screw that option up big time. It's not like they walk on water, the do screw up like any other company, even banks.
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