Credit Card or Online Payment Processors

DavidJ · #1 (**permalink**) 12-10-09, 00:15

Which do you think is safer, credit card or online payment processors like paypal and moneybookers?

I have a paypal account that uses a bank account. So if ever someone hacked my account in paypal and tries to withdraw money from my bank account, the bank will inform me about it.

But with credit card, if the person hacked into my account, they could immediately access my funds.

What do you use for online transactions?

Martin · #2 (**permalink**) 12-10-09, 00:30

Well, Credit Card Hack has become too simpler these days. Each other day, we come to know about either of CC Hacks. it is too rare to happen that PayPal account is hacked. I personally think, PayPal is safer than CC.

webnubie · #3 (**permalink**) 12-11-09, 02:43

I think in general, using a payment processor is safer than using credit cards. At least, they will have to hack the payment processor first before finding our credit card details. I use PayPal, and normally I remove my CC when I don't use it.

bluetrance05 · #4 (**permalink**) 02-17-10, 13:30

Paypal is safer than credit card when it comes to online payment transaction. Credit card has majority of hacking issues so I really am scared to use it online.