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Paypal Merchant Account

Discussion in 'Making Money' started by teonmoore, Sep 4, 2010.

  1. teonmoore

    teonmoore Newbie

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    Hi i was wondering if it was worth opening a paypal merchant account

    I want to use the account to accept payments from a VCC account that has had money sent to it.

    THe plan was to send the money before the VCC account gets chargedback. but would they chargeback the merchant account too?

    Ex:

    Act A = Victim
    Act B = Gateway account
    Act C = Merchant

    Act A pays Act B

    Act B immediately makes an "purchase" from Act C

    Act A chargebacks Act B

    Would paypal chargeback Act C(merchant) because Act B has been charged back?
     
    Last edited: Sep 4, 2010
  2. lovemetender

    lovemetender Junior Member

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    I have had major issues with a PP merchant account before. They are hardcore about chargebacks and we had almost $5000 held for over 3 months.
     
  3. teonmoore

    teonmoore Newbie

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    Can you reccomend anyone else? It seems most people only want to deal with Paypal =/
     
  4. forgot

    forgot Jr. VIP Jr. VIP Premium Member

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    They will CB.

    pp is shit..
     
    Last edited: Sep 4, 2010
  5. lovemetender

    lovemetender Junior Member

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    Sounds like fraud to me.
     
  6. bfellow

    bfellow Jr. VIP Jr. VIP Premium Member

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    PayPal is a nightmare. I've spent the last 6 months programming with PayPal Payments Pro api and the overall experience with them is aweful.
     
  7. Venture

    Venture Regular Member

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    I would stay far far away from Paypal.

    if you need to process cc's check out Authorize.net or CCBill