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

PayPal's new policies impact business

Discussion in 'Making Money' started by lucadunning, Apr 4, 2017.

  1. lucadunning

    lucadunning Registered Member

    Joined:
    Sep 22, 2012
    Messages:
    61
    Likes Received:
    4
    Occupation:
    University Student
    Location:
    UK
    Hi community,

    As I'm sure you are all aware, PayPal recently updated its policies around 1. the sale of digital items and 2. how long they can hold money for (up to 21 days) - in order to help better "protect the buyer".

    This has impacted my cash flow on PayPal now and the way I am able to do business. I sell digital items and I do not have access to any received funds until up to 21 days after I payment has been received. How can I stop buyers opening up a dispute after receiving a digital item and getting a full refund? I sell digital advertising and proving work has been delivered can be troublesome.

    Does anyone have any suggestions to help stop payments getting held so long (aside from PayPals recommended techniques) and also, how to beat people dishonestly opening cases once a digital item have been received?

    Anyone with experience in this matter I'd love to hear your thoughts/advice!
     
    • Thanks Thanks x 1
  2. Lunaaa

    Lunaaa Elite Member

    Joined:
    Jan 18, 2016
    Messages:
    2,412
    Likes Received:
    1,274
    Gender:
    Male
    Location:
    Canada
    Following
     
  3. Kurdo

    Kurdo Regular Member

    Joined:
    Feb 8, 2015
    Messages:
    202
    Likes Received:
    64
    Occupation:
    College
    Location:
    Europe
    Write the digital code/link whatever it is down in Word, print it and send it to the buyer with a tracking code. In case of a dispute you simply provide the tracking code with additional information. The fact that you already send it up should be enough to scare off the scammers.

    Hope this was helpful! :)
     
    • Thanks Thanks x 2
  4. Aehs01

    Aehs01 Jr. VIP Jr. VIP

    Joined:
    Aug 13, 2012
    Messages:
    174
    Likes Received:
    36
    Also following, will be interesting to see how this goes.
     
  5. CenTex Hosting

    CenTex Hosting Jr. VIP Jr. VIP

    Joined:
    Nov 8, 2009
    Messages:
    2,173
    Likes Received:
    838
    Gender:
    Male
    Occupation:
    Founder/CEO
    Location:
    Austin, TX
    Home Page:
    One of the reason we stopped taking PayPal a while back.
     
    • Thanks Thanks x 1
  6. ziplack

    ziplack Supreme Member

    Joined:
    Feb 18, 2010
    Messages:
    1,307
    Likes Received:
    674
    Location:
    BHW
    its your paypal account new ?
     
  7. lucadunning

    lucadunning Registered Member

    Joined:
    Sep 22, 2012
    Messages:
    61
    Likes Received:
    4
    Occupation:
    University Student
    Location:
    UK
    Hahaha this is great.
     
  8. lucadunning

    lucadunning Registered Member

    Joined:
    Sep 22, 2012
    Messages:
    61
    Likes Received:
    4
    Occupation:
    University Student
    Location:
    UK
    This is the mad thing, it is 3 years old and PayPal think its less than 60 days old!
    Please find attached.
     

    Attached Files:

  9. lucadunning

    lucadunning Registered Member

    Joined:
    Sep 22, 2012
    Messages:
    61
    Likes Received:
    4
    Occupation:
    University Student
    Location:
    UK
    Any advice?
     
  10. ziplack

    ziplack Supreme Member

    Joined:
    Feb 18, 2010
    Messages:
    1,307
    Likes Received:
    674
    Location:
    BHW
    call paypal then
     
    • Thanks Thanks x 1
  11. wl3hacker

    wl3hacker Junior Member

    Joined:
    Jul 21, 2014
    Messages:
    146
    Likes Received:
    47
    Location:
    My Office
    paypal sucks glad i stopped using them long time ago
     
    • Thanks Thanks x 1