The benefits and dangers of PayPal
In order to sell files on tradebit.com (or basically other sites, too), PayPal is great. It has a large user base is widely accepted and people know it from ebay.
To complete the picture, I want to mention stormpay.com as well, I think they are quite big as well, but I was not yet able to implement their stuff.
If you use PayPal, you have to be aware, that you will be enabled to spend money just with your email address and a password. Once you configured your account, spending becomes very easy and if you type in your password and click a button after that, the money starts to travel.
Now, that means, if you give your passwords into the wrong hands, you loose control over your money in the paypal account. If that account is fully enabled, we are talking about thousands of dollars.
There are MANY(!) people out there, who send you fake emails, which look soooo real, that I almost typed in my password once. Be REALLY careful with your paypal passwords. I know at least 3 people personally, who lost a few thousand dollars, because they gave out their passwords to such mails! PayPal is great, but they as well overestimate the awareness of the users. We can not point that problem out enough.
