Re:PayPal CEO writes personal response
by jseliger on Saturday September 08, 2012 @05:41PM
(#4494099)
Requiring personal supervision from an executive to withdraw funds is a negative against PayPal, because the president isn't going to personally supervise every account).
True, but as you note in the second paragraph, this is still a major improvement. I stopped using Paypal a long time ago because of an utterly typical story: https://jseliger.wordpress.com/2011/12/09/december-2011-link... and have been encouraging other people not to use Paypal ever since.
It's almost impossible for Paypal to be worse than it is, and it might even get better.
It's good that this executive (President, not the CEO as indicated in the title) is taking initiative to fix things at PayPal. But until things are fixed, PayPal is still a business risk.