Some users have this love-hate relationship with Paypal.
If there are no problems encountered with an account, using Paypal is a bliss. For most, it really is a useful tool to send money to another person or to make a payment on the internet without much hassle.
All good things do come to an end. This is also the case with Paypal’s Merchant Referral Bonus Program which the payment processor recently announced will be discontinued effective August 15, 2012.
Paypal’s announcement about the end of the bonus scheme is as follows:
Be warned!
An “Enhanced Security Update” email supposedly coming from the UnionBank of the Philippines is making the rounds asking you to log in to your online banking account. But the moment you do so, you might lose your cash to scammers. The email is actually a phishing email designed to steal your login details in order to hack your account.
I received an email today inviting me to answer a Paypal survey. A Sony laptop is at stake once I finished the survey. The invite was sent by customersurvey@survey-take.com and it is supposedly administered on behalf of Paypal.
Of course, I’m wary about these types of emails since I’ve encountered a lot of phishing emails and Paypal scams in the past (another fake Paypal email and Paypal scam here).
I did a little investigation and discovered the email to be somewhat legit.
Here’s another job scam you should know about. This time, it involves the online currency Paypal.
A PMT Facebook fan shares his story:
We received the following question regarding Paypal from a PMT reader:
I have no credit card and bank account. How can I load money in my Paypal account? Is there a bank that will accept money to put it in my Paypal account?
We’ve written several articles before explaining how one can earn from Paypal. Since we started using it, we’ve already earned more than $500 referral bonuses.
Last week, we got another $33 bonus from Paypal as seen in this screesnhot.
If you’ve been following our posts about Paypal, you’ll see that there really is a way to make money using Paypal.
In May 2008, we wrote about the $30 and $85 referral bonuses we got from Paypal. These are payments for PayPal’s Merchant Referral Bonus Program, wherein you can be entitled to receive a portion of Paypal transaction amounts of the people you referred to PayPal.
