Here’s what I do to prevent that from happening: I have a separate checking account I use for nothing but online purchases. It’s linked to my PP account and funded by me electronically when I buy something through a transfer from another account at my credit union. If I receive payment via PayPal, I immediately transfer the money out of the account.
No CCs linked to the account, either. So in a situation like yours, PP can come back all they want, but the well is dry. I actually had this happen on an eBay sale a few years back, I don’t recall the exact details, but it was after they changed their policies to become buyer centric. I think it was a for a part off my W140 S500 coupe. The buyer screwed up and realized he bought the wrong part - it was a window regulator for a W140 coupe, which are stupid expensive. Mine was for the passenger door, and they needed a driver’s door regulator. It was probably a couple of months after the auction when it came up, and I was caught totally off guard by it. I had disclaimered the crap out of the auction, so it was tough beans for the buyer. They cried big tears to both PayPal and eBay, saying the auction description was incorrect (it wasn’t.) I pulled a copy of the auction, a screen shot of the EPC with the correct part number and description, presented it for the dispute on file and told both parties to piss off. Two days later I get an email from eBay saying they’re suspending my accounts, as they tried to ding my PP account for the return and it came up dry. I told them that was fine with me, as I wasn’t returning the money. Never heard a word after that. About a month later my accounts were mysteriously reactivated. Just for grins I asked my credit union about this kind of stuff. They just said that if there’s no money in the account and it’s not linked to other accounts for overdraft protection if someone presents a transaction for payment they just deny it. No harm no foul for the account holder. -D > On Nov 5, 2017, at 9:21 PM, Curley McLain via Mercedes > <mercedes@okiebenz.com> wrote: > > I had PP delay payment. I don't remember the details, but I was miffed. I > also sold a very expensive burner safety control for cheap and the sandrat > (in the US) buyer tried on fleabay to claim it was no good a couple months > later. Buy could provide no proof it was professionally installed or > installed by anyone who knew anything about what they were doing. Fleabay > denied the claim. a couple months later, Paypal stole my money and gave it > back to the prick. He stole the burner control. He sang his sad song to > paypal. I told them the same thing I told fleabay and that fleaby had > already denied the claim. Screw the seller. > >> Dan Penoff via Mercedes <mailto:mercedes@okiebenz.com >> <mailto:mercedes@okiebenz.com>> >> November 5, 2017 at 8:08 PM >> Not true. >> >> Payment is rendered instantly. >> >> In a nutshell, there are two ways to pay someone using PP: >> >> 1.) “Regular” PayPal which is used for goods and services and charges the >> seller a fee based on the total dollar amount of the transaction; or, >> >> 2.) PayPal “gift” where money can be transferred to an individual >> purportedly as a “gift”. Under the terms of PP gift there are no fees. >> >> Both of these scenarios assume that the seller or person sending the funds >> has a bank account in good standing linked to the PayPal account. That’s >> because PayPal used ACH transactions to draw the money from your account. >> You can fund a PP purchase or gift with a credit card, but you’ll pay >> merchant fees if you do so. >> >> PayPal also offers buyer protections in regular transactions where fees are >> paid (goods and services, not gift) in that they can help you get your money >> back in the event of an issue with the goods. services or seller. These >> protections favor the buyer, and as a result of this a lot of sellers have >> abandoned venues like eBay that use PP. Things like allowing a buyer to come >> back to you as much as six months after a transaction and demand a refund. >> >> PayPal has no feedback function/capabilities. Only the selling venues such >> as eBay have feedback, and they determine the terms as to how that feedback >> is used. I am not aware of eBay inserting itself into a transaction as a >> proxy or escrow agent. >> >> There are third party escrow services out there that will hold your funds >> until you confirm receipt of the item. These are often used for high dollar >> purchases, such as cars. >> >> -D >> >> >> >> >> _______________________________________ >> http://www.okiebenz.com <http://www.okiebenz.com/> >> >> To search list archives http://www.okiebenz.com/archive/ >> <http://www.okiebenz.com/archive/> >> >> To Unsubscribe or change delivery options go to: >> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >> <http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com> >> >> Mountain Man via Mercedes <mailto:mercedes@okiebenz.com >> <mailto:mercedes@okiebenz.com>> >> November 5, 2017 at 7:18 PM >> Someone told me paypal holds money until feedback is issued on a sale? >> Is this possibly for new sellers? Maybe sellers with questionable >> practices? It sounds odd? Has anyone heard of this? >> ...curious... >> Thanks. >> tin.man >> >> _______________________________________ >> http://www.okiebenz.com <http://www.okiebenz.com/> >> >> To search list archives http://www.okiebenz.com/archive/ >> <http://www.okiebenz.com/archive/> >> >> To Unsubscribe or change delivery options go to: >> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >> <http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com> >> > > _______________________________________ > http://www.okiebenz.com <http://www.okiebenz.com/> > > To search list archives http://www.okiebenz.com/archive/ > <http://www.okiebenz.com/archive/> > > To Unsubscribe or change delivery options go to: > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > <http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com> _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
