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[Need help] Paypal reverse transaction

Discussion in 'BlackHat Lounge' started by Karan16, Jun 13, 2017.

  1. Karan16

    Karan16 Registered Member

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    I have 1 IG account and i want to sale it (Not here but somewhere else because i don't have money for membership). But real problem is i have heard that paypal payments can be reversed. How can i prevent this reverse thing and sale my account without being scammed.
     
  2. Xr0x

    Xr0x Jr. VIP Jr. VIP

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    You cant, If you think it might happen - apply payment via bitcoin.
    Second chance is take that risk.
     
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  3. Karan16

    Karan16 Registered Member

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    You mean if i want to sell through paypal i have no way other than trusting buyer.
    Thanks anyway
     
  4. HoNeYBiRD

    HoNeYBiRD Jr. VIP Jr. VIP

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    Pretty much. You can use escrow.com alternatively, if you don't trust the buyer and amount is big enough to worth the hassle.
     
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  5. Brant_Jana9y

    Brant_Jana9y Newbie

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    If you can provide proof then no problem
     
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  6. lorentzo

    lorentzo Power Member

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    I think even if you have proof it will not work as paypal dosen't cover digital products.
     
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  7. oneiros

    oneiros Newbie

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    With bitcoin the ball is definitely in your court. Once you get the coins the buyer can't reverse them. If you can use bitcoin as a payment method then the problem goes away.
     
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  8. purplewhale

    purplewhale Junior Member

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    Contrary to the common misconception, calling the right people in PayPal can reverse a Family and Friends payment.
    Paying through Goods and Services, will not cover any digital products and you will be liable to chargeback.
     
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  9. LostLife

    LostLife Regular Member

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    Use bitcoin or else any transaction can be reversed including credit card transaction. Paypal gives first priority to the buyer dispute. So go for bitcoin and use your common sense first if the buyer is real or scammer.
     
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  10. Karan16

    Karan16 Registered Member

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    Thanks i signed up for bitcoin account. I will use bitcoin.
     
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  11. HoNeYBiRD

    HoNeYBiRD Jr. VIP Jr. VIP

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    BTC might not be the best option for this, because those transactions are irreversible and in that case the buyer won't be covered, so he/she will be hesitant to pay with it, at least i would be for sure. If you want something where both parties are covered, then those are the escrow services. You can give BTC a shot of course, if the buyer is willing.
     
  12. LostLife

    LostLife Regular Member

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    Escrow is good but expensive.
     
  13. HoNeYBiRD

    HoNeYBiRD Jr. VIP Jr. VIP

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    The price of the peace of mind. :)
     
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