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Comment on Ask HN: Experiences with PayPal? Would you recommend or kill it with fire?

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PayPal is absolutely horrible. Here's why:

Two years ago, a friend owed me about $200. To pay me back, he sold a camera he owned on eBay and then promptly sent me the $200.

Another friend was in some trouble trying to pay for textbooks, so I offered to loan him the money. I sent him that $200 via PayPal and he went to the school bookstore to purchase books.

A week later, the buyer of the camera made a claim against my friend stating that he misrepresented the camera. Despite the fact that I had nothing to do with the transaction, they un-moved the money my friend had sent me, sending my account negative $200. I've sworn ever since that I will never do business with PayPal again.

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