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Paypal... a one way street or can they take it back?¿

Discussion in 'Making Money' started by trader140, May 2, 2009.

  1. trader140

    trader140 Newbie

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    A quick question:

    For Paypal, if you receive any amount of cash, is that cash "safe" so to speak in your pockets. Can the person who sent it retrieve it or somehow inabilitate you paypal.
     
  2. BigBuddy

    BigBuddy Account Under Review

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    paypal is always buyers side. So if you sell anything and buyer raise dispute thats it after 45 days money will be back to buyers account. Your account will be like a bank for the buyer You have to think customer has deposited some money in your account for 45 days and withdraws without receiving any interest. I lost much money in paypal like this.

    Final word: paypal sucks!
     
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  3. blackhat50

    blackhat50 Regular Member

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    yes, they can take it back. also I would recommend researching the term "chargeback" it has nothing to do with the 3rd party payment processor like paypal

    its between the card holder and the credit issuer
     
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  4. blackhat50

    blackhat50 Regular Member

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    technetrium, well why would they do a chargeback to you when u sold them the items?

    did you scam them?

    honestly i can do any transaction with anyone and call my credit card company American express for example and have them cancel it , no problems
     
  5. Bill Gates

    Bill Gates Registered Member

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    Not entirely true

    I paid $97 for a product a WSO seller never delivered and all they told me afterwards was that they couldn't get the money back
     
  6. allfreetodo

    allfreetodo Registered Member

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    Ok technetrium

    I must be thick today

    I suffer from the charge back problem but what I don't understand is how the middle man is involved, do you mean as an affiliate

    I have a scammer buy from me or the middleman, now is it me or the middle man that files the charge back and cancel not sure why the buyer is not able to bypass this process

    sorry for being thick today, but this sounds like the solution to the scammers
     
  7. allfreetodo

    allfreetodo Registered Member

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    Ok I got it, you used the middle man like an escrow account so if the other person did not do the charge back he did not get his product and got his money back

    cool

    I wonder if a escrow type of account would do this

    thanks much
     
  8. moonie

    moonie Regular Member

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    Hahahah

    "Paypal always sides with buyers".

    Yeah right. They have always sided with the seller/scammer in my exp. And in addition to that though, I can understand your feelings. They can easily chargeback sadly. If the buyer calls the cc company, they will try and Paypal will run from protecting you.
     
  9. killzone

    killzone Regular Member

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    Use PayPal donation buttons or some type of donation they cannot be refunded by PayPal although chargebacks are still possible I think.
     
  10. coreygeer

    coreygeer BANNED BANNED

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    That is why the second I get money in my PayPal, I transfer it the hell out.

    Also: If the transaction is more than some piddly ass $9.99 or $19.99 for an e-book kind of thing, I send a money request. I never simply just say "oh here's my Paypal, just send me $200".
     
  11. venn

    venn Junior Member

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    my acc was limited few days back.... restored the next day... but they still hold the money i sent to my jv partner... :(

    my avatar say it all....