Why is Paypal G&S a better standard than normal credit card protection? Also if part of their offerings is something that is the gold standard in fraud detection and similar, why are there a bagillion of compromised accounts?
Normal credit card protections vary from country to country depend on regulations. E.g it's much easier to get chargeback in US than in many other countries.
At the same time PayPal is almost aways side with buyer no matter where account was open.
Mostly because individuals don't take CCs. PayPal G&S is some financial fuckery that can give CC like protections to two randos exchanging goods or services ayyy. Like if you buy concert tickets and they never show or don't work, get your money back. Venmo (which is PayPal so not surprising) and FB Marketplace do the same thing.
