I've been wondering is PayPal worth using? Becasue I've heard many bad stories and rumors form many sources that it's not the best trustworthy location for an online banking. I'd like to hear some good and bad opinions/view points about it before I start using it again.
When PayPal was new, I set up an account for an E-bay auction that I won, and after that I closed it out immediately becasue of the dangers of online banking with check cards and a checking account online. I worry that along the way I may be one of those unluky individuals and find out that the some how the system got hacked/ your information gets out your entier savings account for that one bank is screwed. I'd like some clourser to settle some uneasy feelings before I begin using PayPal again. Thx.