I know it's popular to bash PayPal, but I sure like it. I use it exclusively when I buy/sell stuff on eBay. Unless it's a very expensive item, the transaction fee is far less than postage, the hassle of waiting on a check, and gas & time spent going to the bank. It's cheaper than a $10 wire transfer and neither party has to give out sensitive bank account information. And I run a small online business--we have the option of accepting credit card payments via PayPal, and their charges are FAR less than a merchant account would cost us given our transaction volume. I've heard the horror stories about people getting scammed so I'm aware that it isn't exactly perfect, but it certainly has made life easier for me.
