[citation][nom]geeksinhere23[/nom]paypal is what I use to pay most of my online payment now a day. is hackable like every creditcard but is traceable for every transaction. and is more guarantee that you will get your refund back if you dispute for the bad item. just my 2cent.[/citation]
^^^NOT this
[citation][nom]dalethepcman[/nom]Paypal is horrible, I personally know of many people that have had their accounts seized for selling items that were legal. Point and case would be used autocad and office disk's with cd key. Even though the courts stated it was legal to resell them, one complaint from a major company and your paypal account gets frozen and funds seized seized with little to no recourse for the end user to recover their funds.At least with a credit card, your not loosing your money if it gets abused by a third party. This is why the credit card companies take fraud so seriously, because they have to pay it not the consumer. I am very happy with google wallet for making payments / purchases, and square up for taking them. PayPal used to be great, but has gone down the toilet over the last 5 years.[/citation]
^^^ This. I can't believe that to-date, paypal is allowed to withhold finances from individuals essentially arbitrarily, for an arbitrary amount of time, and yet is not recognized as a financial institution (and as such, not upheld to the same rules, regulations, and audit process that actual financial institutions are). Anyone who continues to use paypal is just sitting on a ticking timebomb waiting for their account to be frozen for some inane (and difficult-to-get from paypal) reason. Not to mention that google wallet can be used for physical transactions, so paypal is a pretty irrelevant comparison.
I did open and set up the google wallet app on my phone, but I haven't used it for payment yet. There were initial concerns from some early adopters about their credit card flagging the set-up and 1st payment process through google wallet as a fraudulent charge, but apparently that boiled down to the individual's bank, not google wallet.
Curious how widely this gets adopted. I don't even know how many businesses around me use the POS transaction modules.