I've been selling on the forums/ebay for a long time and this is the first time i ever herd or recieved an eCheck via paypal. I basicaly sold a 90 dollar shipped CPU and this guy sends me an eCheck as payment! What is an eCheck? Not only that, paypal says seller protection is ineligible for this buyer and his shipping address is unconfirmed. He also only has one feedback on ebay and its from buying an item that i cannot view as its past 90 days.
Paypal states "If a transaction is ineligible for coverage under the Seller Protection Policy, PayPal is unable to offer protection against fraudulent chargebacks." Basicaly he can go to his bank in a month and file a report saying that "my card had unauthorized usage" and the money will rollback to his bank and paypal will take it from me.
Paypal also states "The eCheck payment you have received will show an Uncleared status until the funds have cleared from the buyer's account - usually three to four business days. Please do not ship any merchandise to the buyer until this payment clears."
What should i do? The real question is that once the payment IS cleared in four days...do i get seller protection and can he do a chargeback still? I already paid the auction fee and this is really annoying me. Why do i get the feeling that this is a scam?
EDIT: The guy doesnt know how to get his address confirmed. I myself dont even remember. Does he have to add a debt/credit card to his paypal to get his address confirmed? Or is there another way to get get his bank account confirmed?
Paypal states "If a transaction is ineligible for coverage under the Seller Protection Policy, PayPal is unable to offer protection against fraudulent chargebacks." Basicaly he can go to his bank in a month and file a report saying that "my card had unauthorized usage" and the money will rollback to his bank and paypal will take it from me.
Paypal also states "The eCheck payment you have received will show an Uncleared status until the funds have cleared from the buyer's account - usually three to four business days. Please do not ship any merchandise to the buyer until this payment clears."
What should i do? The real question is that once the payment IS cleared in four days...do i get seller protection and can he do a chargeback still? I already paid the auction fee and this is really annoying me. Why do i get the feeling that this is a scam?
EDIT: The guy doesnt know how to get his address confirmed. I myself dont even remember. Does he have to add a debt/credit card to his paypal to get his address confirmed? Or is there another way to get get his bank account confirmed?
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