MICROFORUM

regrettably due problems with PayPal we don't accept payments via PayPal.
At PayPal site are many restrictions resulting in insecure payments. Return a payment to payer is no possible, etc etc. We discovered some bugs on PayPal web site. E.g. to upload a requested document on PayPal web site is no possible. An attempt to upload PDF or JPG file resulted in "unexpected error":

Company where I work does not use PayPal because of bad experiences from the past.

PayPal websites often have problems. PayPal is mainly interested in its own profit and hardly in customer needs.

PayPal is not a bank. Your money at PayPal account is unsafe. Avoid PayPal payments. Payments via PayPal is a high-risk payment method. With PayPal, you can easily lose your money.

PayPal has a very confusing fee structure. It is difficult to calculate in advance how much of the amount paid by the customer you will actually receive. The fee for inactivity is absolutely absurd. If you do not have orders and no one pays you or does not want to pay you through PayPal, then PayPal charges you a fine for inactivity. They can even cancel your account.

PayPal invents all sorts of reasons to block money in accounts. I've had about £200 blocked with PayPal for a year now. I will hardly ever see them.

PayPal collects personal data from users. What PayPal then does with the data is not clear. Who is behind the PayPal? Where is the PayPal headquarters? PayPal is as secret as Russian or North Korean hackers.

My opinion: PayPal is unpredictable and not trustable. Who know where is headquarters of PayPal? Where is PayPal regional office in the UK ? Here are results of PayPal from Companies House UK:

PAYPAL LIMITED
OE024818 - Registered on 8 February 2023
Ballycoolin Business Park Ballycoolin Road, Blanchardstown, Dublin 15, Ireland
PAYPAL LIMITED

FC037891 - First UK establishment opened on 24 November 2020
Ballycoolin Business Park Ballycoolin Road, Blanchardstown, Dublin, 15, Ireland

PAYPAL SE
SE000007 - Closed
5 New Street Square, London, EC4A 3TW

KASHBOOKS LTD
Matching previous names: PAYPAL
04986426 - Incorporated on 5 December 2003
86 Birks Holt Drive, Maltby, Rotherham, South Yorkshire, S66 7JZ

PAYPAL LTD
SC354259 - Dissolved on 5 March 2010
58a Broughton Street, Edinburgh, Midlothian, EH1 3SA

PAYPAL GIVING FUND UK
05507404 - Incorporated on 13 July 2005
Whittaker House, Whittaker Avenue, Richmond, Surrey, TW9 1EH

PAYPAL LIMITED, UK BRANCH
BR022982 - Opened on 24 November 2020
Whittaker House Whittaker Avenue, Richmond-Upon-Thames, TW9 1EH

PAYPAL UK LTD
14741686 - Incorporated on 20 March 2023
Whittaker House, Whittaker Avenue, Richmond-Upon-Thames, Surrey, United Kingdom, TW9 1EH

PAYPAL DANİSMAN LIMITED
13679010 - Dissolved on 11 April 2023
71-75 Shelton Street 71-75 Shelton Street, London, London, United Kingdom, WC2H 9JQ

REVENUE & TAX MANAGEMENT LTD
Matching previous names: PAYPAL BUSINESS SOLUTIONS
06593623 - Incorporated on 14 May 2008
8 Ashley Avenue, Ilford, England, IG6 2JE

05468033 LIMITED
Matching previous names: PAYPAL (UK)
05468033 - Incorporated on 1 June 2005 - Liquidation
12 Wellington Place, Leeds, LS1 4AP

PAYPAL VCC LTD
12494369 - Dissolved on 7 September 2021
92 Bushberry Avenue, Coventry, England, CV4 9NU

04056498 LIMITED
Matching previous names: PAYPAL (EUROPE)
04056498 - Dissolved on 1 March 2024
1 Bridgewater Place, Water Lane, Leeds, LS11 5QR

PAYPAL INNOVATIONS LTD
13252549 - Dissolved on 22 June 2021
86-90 Paul Street, London, England, United Kingdom, EC2A 4NE

Crazzy , right?
Are you lending your money to someone you don't know, who you've never seen? Probably not. Nevertheless, many people do it.

Too many PayPal companies

Which of the above PayPal companies is the right one, trustworthy?