PayPal - Learn more about the safe way to pay online (2024)

FAQs

Is PayPal a safe way to pay online? ›

Paying through PayPal is about as safe as paying using a credit card, but there are indirect advantages to using PayPal. Merchants won't see your credit card information if you use PayPal, for example, thus reducing the risk of data exposure.

PayPal's Buyer Protection programme entitles you to reimbursem*nt for the full purchase price of the item plus the original shipping costs you paid, if any, when you don't receive your item from a seller, or when you receive an item, but the item isn't what you ordered.

If you're still wondering whether PayPal is safer than a credit card, you should know that both payment methods come with similar security protections and features, though PayPal may have the slight edge with its built-in purchase protections (which may not be available on specific credit cards).

What is PayPal Purchase Protection? When you pay for an eligible item from your PayPal account and you don't receive your order, or it shows up significantly different than described, you may be eligible for a refund under PayPal's Purchase Protection program.

The disadvantages of PayPal can include account blocking, loss of money, the large number of phishing emails and a potential risk of data loss.

We keep all your information secure. For example, when you use PayPal to send a payment, the recipient doesn't receive sensitive financial details like your credit card or bank account number.

Wondering if it's safe to link your bank account or your debit card to PayPal? It is safe to link PayPal to your bank account or debit card, but, for insurance reasons, it's usually better to use a credit card when making online purchases.

Don't list someone else's address on your PayPal account. Verify your suppliers and don't send money to someone you don't know. Only ship items to the address on the Transaction Details page. Be on alert if you're asked to ship a lot of packages overseas or to the same post office box.

PayPal uses end-to-end encryption when storing or transmitting confidential user data so it can't be accessed by unauthorized parties. The information is never shared with sellers or even PayPal employees.

Is it better to pay with a debit card or PayPal? ›

Credit cards have much better safety protections than debit cards. PayPal provides its own level of protection beyond whatever the card issuer provides. My primary source of funds for PayPal is a generous rewards card. This gives me double protection against fraud on top of the rewards.

PayPal is the safer way to pay because we keep your financial information private. It isn't shared with anyone else when you shop, so you don't have to worry about paying businesses and people you don't know.

Once you link a card (debit or credit), PayPal can deduct money from the linked card . So yes, it is entirely safe and secure to link your bank account and credit cards to PayPal account. Linking a bank account to PayPal is generally considered safe.