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PayPal technically doesn't protect either party as rentals come under non tangible goods. In practice it almost always favors the renter and not the owner as they will just reverse the charges as long as the dispute is opened within the 60 days as they claim it is not their responsibility to enforce the terms of the contract or agreement between owner and renter and it would be up to the owner to take the renter to court to enforce payment according to terms of the agreement. It does cost about 3% of the payment to use PayPal.