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RE: [RC] Whats New with SERA - David LeBlanc


Teri said:


SERA (Southeastern Endurance Riders Association) has added 
new items to their site.  You can now join or renew online 
your SERA membership.  PayPal only.  You can even open an 
account if you don't have one.  It's easy.  


I'm sorry to rain on your parade, but there has been a lot of fraud
associated with PayPal. There's only a username and password between the bad
guys and your money. The username is your e-mail address, which is freely
available all over the place, so all that protects you is the password. 

Searching Google on PayPal and fraud brings up a lot of interesting sites
with many tales of woe.

Personally, I'd much rather put a check in the mail than ever use PayPal. If
someone felt like they really wanted to use PayPal the best way to do it is
to link it with an account that is only used for PayPal, only contains as
much money as you're willing to lose, and you put money in it when it needs
to be there.

Here's what http://paypalsuit.com/Phone.htm has to say:

"We strongly recommend that people keep their PayPal balance as low as
possible. Remove funds immediately. Also, use a second banking account for
Paypal and as soon as those funds are in there, move it to your main
account."

These folks certainly have an axe to grind, but it seems like sound advice
to limit your risk.

My job is software security and some of the things I've seen and heard about
would make your hair stand on end, but even so, I do use credit cards over
the Internet fairly often - there's safeguards in place for those. I won't
use PayPal.

I'm sure you worked hard to set this up, and I do apologize for raining on
your parade, but if I still lived in the SE, I'd pay you any other way than
that. If some of you out there are happy with PayPal, I hope you continue to
have good luck.




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Replies
[RC] Whats New with SERA, Teri