"That forum claims 52,572 members. If the claim that PayPal had 106 million customers in 2012 is accurate, that is less than 0.0005% who have had a bad experience."
Are you seriously arguing that everyone substantially mistreated by Paypal will have found that one website, and registered ?
You feel thats a rational calculation, worth offering to the rest of us ?
My guess would be that less than one such person in 500 would have registered there. That would imply 25 million unhappy customers. You guess that they ALL do.
Is your guess more, or less, likely than mine?
The point is, banks operate under rigid rules about customer redress. Paypal is outside the system, operates totally under its own unregulated user agreement, and can withold your money without explanation, appeal or redress, for as long as it wishes.
Hardly any of us read user agreements, so I guess we get what we deserve in one respect. But on the otherhand, once they united with Ebay, they have such monopoly power that the user is being somewhat coerced.
They operate outside comsumer protection and banking rules.
As such, SL should not choose them as their major funding gateway.