PayPal Charge Back Question

[Leon]

Originally Posted by D. Bergin

Kind of scary how they threaten to go after the seller but so easily look the other way when a buyer blatantly and illegally rips somebody off with the papertrail evidence to back it up.

Whatever's the easiest way to recoup their own dollars I guess.

Paypal wants to act like a bank and a credit card company without taking the risks or following the same rules of a bank or credit card company.

Not to glamorize the banks and cc co.'s. They've done their share lately to stick it to every Tom, Dick and Harry. Merchants are being left to hold the bag more and more often lately it seems. It's a necessity to accept these forms of payment. The fees you paid to accept these forms of payment were a part of the cost to know you were participating in a safe transaction. That seems to no longer be the case.

They seem to be making it easier and easier for fraud without any risk to themselves, and I'm not sure why this is being allowed.

Personally, I think cc's are still super safe.....Paypal still sucks.....but is the easy game...

[HRBAKER]

Originally Posted by Leon

Personally, I think cc's are still super safe.....Paypal still sucks.....but is the easy game...

Now I sell very little, but I only use paypal to pay, not to accept payment.

Jeff

[Leon]

Originally Posted by HRBAKER

Now I sell very little, but I only use paypal to pay, not to accept payment.

Jeff

I still use Paypal to receive some payments and send them....but I never have more than a few hundred dollars in that account. I would advise everyone to not keep more than you can risk in there. It's free to transfer funds to your bank account. I do it often.

[Doug]

I make a point to transfer anything out of my PayPal account at the end of the day. As long as they can't take it out of my linked bank account, it makes me feel a little safer.

[GoldenAge50s]

If PayPal can go into your bank account to complete a purchase you have made (which they CAN), why couldn't they go into your account for another reason??

I'm not so sure that Post #14 tells the complete story!

[Jim VB]

Originally Posted by GoldenAge50s

If PayPal can go into your bank account to complete a purchase you have made (which they CAN), why couldn't they go into your account for another reason??

I'm not so sure that Post #14 tells the complete story!

I'm certainly not 100% sure either, but the non-lawyer in me says that each and every time Paypal goes into your account they need your permission. That happens in one of two ways. First, you make a purchase but still have to go to the Paypal site and complete the transaction. This act gives them permission. The second way is if you have set up a recurring payment for some reason (a subscription for example.) This gives them multiple "permission" perhaps, unlimited permissions, until you cancel.


In the scenario outlined here, they do not have that legal permission.

[GoldenAge50s]

AH-HA Jim! That may be it! (I certainly hope!)

I keep very little in my PPal acct & several times, to complete a purchase, they have taken my balance & then from my bank acct to make the full price!
BUT, you are right--I had to go to PayPal first to complete the trany, so I guess I was giving them permission! They would also go to the credit card as a 3rd option if there wasn't enough in the PP acct & the bank acct!

---and I do have a recurring monthly pymt for my EBay fees taken via my credit card!

Again--if that's the case then I DO feel better about the fact they have my CC & Bank Acct numbers!