So, I sold something on ebay and the guy pays immediately. I noticed he bought another item of similiar value just a couple of hours before which raised some flags since it's over $$1k here but I figured it was because of Christmas (possibiliy present). I checked both his ebay name and address with his paypal name address and everything matched. Also, shipping was to a confirmed (paypal seller protection ELIGIBLE) address and the funding was instant transfer (NO credit cards). The item was sold and paid for (BIN) on the 19th and the item shipped out the same day to ensure it would arrive before the Holidays.
Anyways, I checked that it just arrived this morning and I had a bad feeling for some reason so I logged into my paypal and apparently the transaction was reversed with NO explanation given whatsoever. It just says...reversed at like 7:00 and I never received not ONE e-mail from paypal indicating WHY it was reversed. Anyways, I was suspicous of that character and pulled all my funds out of paypal anyways so now I have a negative balance of over 1K. I have a couple of other auctions going that I'll need to cancel or make sure they don't direct payment to that negtaive paypal account.
Ok, I e-mailed paypal asking what's up just earlier so I'll see what their lame brain response will be. And before anyone has any (I told you paypal is horrible and directing us to the paypal sucks websites) paypal is a neccessary evil as I wouldn't get nearly as many buyers without it but I may consider to stop selling anything alltogether as this is really stupid!!
Really though, who thinks I'll be protected? If I'm not then I guess paypal will just lose another customer and they're not getting 1 cent of that 1k they reversed without ANY explanation. Really though, if that other guy's paypal account was hacked and everything...why wasn't I notified by paypal as soon as possible to STOP delivery?? I still haven't gotten an e-mail from paypal yet.
Edit: Also, Money orders are a pain too...since some can be cancelled before a month's up claiming it was lost or stolen so there's just no Seller protection anymore. Credit cards have charge back...paypal just takes your money without notification, MO/cashier's checks can be cancelled. What other forms of payment is secure these days anyways besides no security Western Union. Well, anyways, I especially dislike paypal.
Anyways, I checked that it just arrived this morning and I had a bad feeling for some reason so I logged into my paypal and apparently the transaction was reversed with NO explanation given whatsoever. It just says...reversed at like 7:00 and I never received not ONE e-mail from paypal indicating WHY it was reversed. Anyways, I was suspicous of that character and pulled all my funds out of paypal anyways so now I have a negative balance of over 1K. I have a couple of other auctions going that I'll need to cancel or make sure they don't direct payment to that negtaive paypal account.
Ok, I e-mailed paypal asking what's up just earlier so I'll see what their lame brain response will be. And before anyone has any (I told you paypal is horrible and directing us to the paypal sucks websites) paypal is a neccessary evil as I wouldn't get nearly as many buyers without it but I may consider to stop selling anything alltogether as this is really stupid!!
Really though, who thinks I'll be protected? If I'm not then I guess paypal will just lose another customer and they're not getting 1 cent of that 1k they reversed without ANY explanation. Really though, if that other guy's paypal account was hacked and everything...why wasn't I notified by paypal as soon as possible to STOP delivery?? I still haven't gotten an e-mail from paypal yet.
Edit: Also, Money orders are a pain too...since some can be cancelled before a month's up claiming it was lost or stolen so there's just no Seller protection anymore. Credit cards have charge back...paypal just takes your money without notification, MO/cashier's checks can be cancelled. What other forms of payment is secure these days anyways besides no security Western Union. Well, anyways, I especially dislike paypal.
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