Please help support CUDDLE International in its efforts to educate lawmakers and the public.
We no longer use PayPal. Although Paypal used to be the premier service for sending online money transfers, they have been experiencing a number of complaints. Our own personal experience is that PayPal simply offered no alternative for accepting payments, and my own bank would not accept transfers from PayPal's service.
PayPal's mistake, in a nutshell, is that it was trying to operate as a bank. But it is NOT a bank!
We have decided to use C2it as our money transfering service now. C2it is owned by citibank, is very secure, and is protected by FDIC. When you set up an account with C2it, you are also setting up a "transactional only" account with CitiBank.
If you'd like to read more about the problems PayPal has been experiencing, choose one of the following links:
Wall Street Journal article
Opposition to PayPal