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There's no way to get scammed through Paypal, is there?

Well, if someone pays me via credit card or echeck they can't just withdraw their payment the instant I ship out, can they? Can echecks bounce?
 
Originally posted by: iamtrout
Well, if someone pays me via credit card or echeck they can't just withdraw their payment the instant I ship out, can they? Can echecks bounce?
Click to expand...
Yes. The easiest way for them to scam you is to use a stolen CC, which initially comes through as fine but then once found stolen, PayPal will try to take the money back from you.
 
I thought PayPal is the place to be for scamming sellers. It's good for buyers, but provide no insurance whatsoever for sellers.

First of all, make sure you fit everything in the eBay seller protection program.
If you smell anything fishy, bolt!
Don't think that they can't withdraw payments after paying. Ever heard of chargebacks?
PayPal will NOT back you if a buyer claims fraud (whether or not it's true)
 
Originally posted by: Skyhanger
I thought PayPal is the place to be for scamming sellers. It's good for buyers, but provide no insurance whatsoever for sellers.

First of all, make sure you fit everything in the eBay seller protection program.
If you smell anything fishy, bolt!
Don't think that they can't withdraw payments after paying. Ever heard of chargebacks?
PayPal will NOT back you if a buyer claims fraud (whether or not it's true)
Click to expand...


huh? where have you been?
it is GOOD for buyers? it doesn't really offer protection.

and the thing, you say paypal doesn't back the seller if a buyer claims fraud. well, a lot of times paypal doesn't back buyer either.
 
Paypal doesn't back buyers when a seller complains - they don't back sellers when a buyer complains. Whoever complains first gets the money.
 
So basically the consensus is recieve money completely at your own risk? Basically the only surefire way is to recieve a check snail mail and wait for it to clear?
 
Paypal? Safe? For the seller? We lost over 6k past year to paypal BS...

All in one of those cases we followed seller protection policy exactly.
 
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