Is paypal a good medium for receiving money?

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I am selling something I posted online, and a person is interested in buying it and paying through paypal, for the item and shipping. I don't have a paypal account, but really want to sell this item. So, is setting up a paypal account to receive a payment a good idea?

I'm mostly worried that he might try and cancel the depsosit or something like that.

Is paypal a good medium for receiving money?