Boosts
Junior Member
- Mar 11, 2019
- 122
- 80
I've seen a few threads about chargebacks and I want to explain to you how I get around this problem.
DON'T ACCEPT GOODS & SERVICES PAYMENTS. I know, it's hard to refund money when it's sent to you however you need to think of every G&S payment as a loss if you accept it. Not only does it give the customer an opportunity to chargeback, it alerts PayPal of your account and puts it in a higher risk band.
Paypal will eventually lock your account, but why not maximize the $1,500/account instead of getting to $200 and losing it. ALWAYS REFUND G&S PAYMENTS. It's saving you your account AND money.
I hope this helps any of you that have suffered from this problem, I know I have.
- Boosts
DON'T ACCEPT GOODS & SERVICES PAYMENTS. I know, it's hard to refund money when it's sent to you however you need to think of every G&S payment as a loss if you accept it. Not only does it give the customer an opportunity to chargeback, it alerts PayPal of your account and puts it in a higher risk band.
Paypal will eventually lock your account, but why not maximize the $1,500/account instead of getting to $200 and losing it. ALWAYS REFUND G&S PAYMENTS. It's saving you your account AND money.
I hope this helps any of you that have suffered from this problem, I know I have.
- Boosts