Originally Posted by oldtrucker (Post 3441579)

I had only bad experiences with PP, such as holding funds if you didn't have any transactions for 6mo. or longer. Fees, if you are on the receiving end, even though they charge the other party too. Withdrawal limits. Working with IRS and submitting your financial situation unlawfully. The list could go on!
But most importantly, you can lose both, the money and the item. PP is not a bank and their terms and conditions are not in your favor if some dishonest person (mostly outside your country of residence) is pulling back the transfer for some reason or used a heisted account. PP doesn't give a hoot if justified or not!
Plus, something bothersome, to me, they earn the interest for your money if they opt to keep your money frozen for up to 21 days, or more.