1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

How to get paid on PayPal without risk of other person retracting payment???

Discussion in 'Making Money' started by bobsleds, Jul 4, 2013.

  1. bobsleds

    bobsleds Regular Member

    Joined:
    Jul 21, 2012
    Messages:
    275
    Likes Received:
    16
    Ive heard there is a certain way for someone to pay you on paypal so that they cannot retract their payment later on and rip u off.

    What exactly is the specifications for a paypal payment to be non refundable?
     
  2. Seo-Devil

    Seo-Devil Regular Member

    Joined:
    Mar 16, 2012
    Messages:
    355
    Likes Received:
    207
    Occupation:
    Making Money
    Location:
    頂級谷歌
    i think best option to do your best making a service, so won't be many complaints if you know what are you doing
    otherwise ask them to transfer money as a friend or family members and you safe...
     
  3. nitinsy

    nitinsy Junior Member

    Joined:
    May 9, 2013
    Messages:
    121
    Likes Received:
    25
    Once a payment is sent it cannot be retracted. Buyer can file dispute later and to cover yourself against that make sure you have all the necessary document/proof that you have indeed delivered the service or product.
     
  4. bobsleds

    bobsleds Regular Member

    Joined:
    Jul 21, 2012
    Messages:
    275
    Likes Received:
    16
    can u elaborate on the transferring money as friend or family?
     
  5. islandman1010

    islandman1010 Elite Member

    Joined:
    May 10, 2008
    Messages:
    1,591
    Likes Received:
    139
    I think you are talking about someone making a payment as a "gift". Thats quite hard to get returned.
     
    • Thanks Thanks x 1
  6. josephn1

    josephn1 Newbie

    Joined:
    Jan 2, 2013
    Messages:
    8
    Likes Received:
    0
    They could still file a fraud chargeback and say that the payment was never authorized to begin with. And then Paypal hits you with some sort of chargeback fee of $20, so you're out even more. Paypal usually rules against you, and you've got no recourse. It's happened to a few people I know, but the only thing you can do is to cut your losses and try to make it back with profit.

    That said, sending it as a gift or family and friends payment does make it harder for them to chargeback through the method of "no item received".
     
  7. Nogginthenog

    Nogginthenog Newbie

    Joined:
    Feb 3, 2011
    Messages:
    14
    Likes Received:
    3
    Occupation:
    Writer, editor, researcher
    Location:
    UK
    Paypal is heavily skewed to the buyer, so its never truly safe from chargebacks, the only thing you can really do is keep records and deliver what you promise so you can contest any claims adequately.

    And dont treat and funds as yours until its past the 45 day mark for dispute initiation, it makes budgeting far easier that way.
     
  8. ShabbySquire

    ShabbySquire Power Member

    Joined:
    Nov 30, 2011
    Messages:
    574
    Likes Received:
    122
    Location:
    UK
    I tell my customers to send cash in the mail. Always works.
     
  9. Gouchand

    Gouchand Newbie

    Joined:
    Jun 30, 2013
    Messages:
    27
    Likes Received:
    3
    Exactly, this is it.
     
  10. blackhatmf

    blackhatmf Newbie

    Joined:
    Mar 19, 2013
    Messages:
    17
    Likes Received:
    3
    Bottom line is paypal sucks
     
    • Thanks Thanks x 1
  11. skinnyboi

    skinnyboi Regular Member

    Joined:
    Apr 6, 2008
    Messages:
    368
    Likes Received:
    108
    I have used wire transfers for large payments without a hitch. If your buyer has trust and faith in you they will have no issues paying for your product or service.
     
  12. unclemike

    unclemike BANNED BANNED

    Joined:
    Nov 6, 2012
    Messages:
    827
    Likes Received:
    984
    You can have them send the money as "Friends and Family" This will help with any chargebacks that come your
    way. But your ultimate goal is to provide the best service as possible. However this does help to curb buyer fraud. This does
    not mean you will not see a dispute. It just means it is easier to win.

    Cheers,
    Mike