How many times will paypal chargeback for the same payment?!

[xaigi]

I think this is the last time that I do business with paypal. Last month, they chargedback a payment from a buyer in South Korea.

Yesterday, they charged back the same payment a second time. How do they justify doing 2 chargebacks on the same payment? I tried calling (888-221-1161) and they were no help whatsoever.

Wheres the bot? Does the "seller protection plan" say that they can chargeback the same payment as many times as they want?

 

[yasha]

I'm nervous about getting a charge back too. I accepted a couple payments from unverified users. SO far so good, I'll see if everything goes smoothly.

 

[MrBond]

yasha, close your account and witdrawl all funds. Before I attached it to my bank account, I'd request a check for every transfer, leaving them no way to get my money if a chargeback occured. Sure they could close my account, but then I'd just have to go back to using postal money orders...

 

[yasha]

Good idea. I hope I'm lucky so far. I guess I could only take paypal from verified accounts from now. I've been lucky so far but am always a little bit nervous accepting payments with paypal. I put the cash into my checking account right away after I get them.

 

[AaronP]

and I wouldn't deal wiht people overseas either, just too much opportunity for something unforseen to happen. I wish paypal would have some kind of system where you could reject credit card payments if they looked fishy.

 

[xaigi]

What? No answers from the bot?

 

[Russ]

<< How many times will paypal chargeback for the same payment?! >>



xaigi,

The answer depends on how much money you have in your account. The formula is as follows:

<$ in account> divided by <$ chargeback> equals <# times>

Russ, NCNE