I've been doing business using Paypal for about 7 years now. I say that Paypal is not my preferred payment method not just because of the chargebacks and totally buyer friendly nature. But I've had terrible nightmares when contacting their customer care and talking with the representatives. I was/am selling SEO services on my websites. Even with the dispute team, trying to make them understand that I'm only selling virtual item and no actual shipping is possible, they just dont heed to the seller, whatsoever. In all these years, I've had few many chargebacks, not because of the service I was providing, but mostly because of the nature of payments made (hacked accounts, unauthorized transactions.. you name it, they have it). Every time you call them up to explain your situation, they simply turn you down with a robotic 'buyer is right' message. I've lost quite a chunk of money because of these chargebacks and buyer initiated disputes. If you still havent had any problem with Paypal, well, wait until you get one. I'm sure every dog has its day, especially with Paypal. They simply love fcuking those innocent small businesses. I'm not a kid to have used Paypal for a few weeks and then to start whining about them. My business account's history and transactions speaks for how much they've earned as fees, from the transactions I've done. I was/am waiting for that day when Paypal goes down. And I really hope that BTC is 'the one' to take 'em down.