LifeinAsia - 11:45 pm on Nov 10, 2010 (gmt 0)
We had several negative experiences (including pretty blatant fraud that PP should have caught) and have since stopped offering it as a payment option. It may be okay on the product selling side, but it's too much of risk on the service or intangible product side.
We still use it to send/receive money to/from vendors. But we only use it now for transactions with someone with whom we have already done business.