PayPal ClawBacks

  • avatar

    by: garyn
    New SaleHoo Member
    3 posts

    PayPal ClawBacks

    Posted 13 Dec 06 3:43 am.

    PayPal have to be the most unethical corportate monstere on the net.
    Along with Ebay their merchandising arm they absolutely walk over the smaller companies.

    I started drop shipping and had 6 clients that paid via PP. The money was in the account, I sent the goods.
    A day or two later the account was frozen and payment reversed to a scam artist that claimed false ID used on Ebay.
    No checks were made by PP they just reversed the payment after I had the sent the goods.
    I could get no expalnation from PP just Auto responders. I attempted to ring their Call center which is in New Deli.
    The so called customer service rep was an absolute moron whe did not give any assistance except to tell me to fill in antoher online form.
    In the meantime all the genuine customers had their monies frozen too so the ones that were still waiting could not get their goods.
    PP then had the hide to tell me the account was negative balance over $600
    If you deal with PayPal in any substantial amounts I would advise you to beware because the minute anything goes wrong with them they will act as THE MONEY GOBBLING CORPORATE MONSTERS THAT THEY ARE.
  • avatar

    by: garyn
    New SaleHoo Member
    3 posts

    Re: PayPal ClawBacks

    Posted 13 Dec 06 3:44 am.

    pAYpAL
  • avatar

    by: jimmy_huber
    SaleHoo Master Member
    2919 posts

    Re: PayPal ClawBacks

    Posted 13 Dec 06 4:21 am.

    One reason ebayers should avoid dropshipping. Too much risk involved if your selling items you cannot pay for yourself. This is a risky business and you can loose alot.

    You should analize all the information you can on your buyer. In certain cases I have refused to ship items to unverified bidders even after they have paid me.

    The highest refunder dollar amount I have refused was on a toughbook laptop I sold for $2,600. I paid $900 for it at a state auction. So it was a high profit sale. But The buyer which had 37 feedback couldnt verify his address. I told him to send me a US postal money order for the payment and He claimed to be too busy to do it. So I refunded the money and sold the laptop to a friend for $1,200 cause his daughter needed a nice laptop for school..Today hes still paying me $100 a month for that laptop. BTW i never recieved any feedback from that buyer. Or contact. I could have profited big if I could verify his info but since he was unverified I refused the deal.

    You decide what risks you want to take, then go from there.

    It's important to use your judgment when assessing the level of risk balanced against the opportunity for reward. Below is a helpful checklist of typical decision points for you to consider, because when it comes to making the final decision of whether or not to accept payment

    Wholesale Directory by SaleHoo

  • avatar

    by: xxxacp
    New SaleHoo Member
    7 posts

    Re: PayPal ClawBacks

    Posted 14 Dec 06 7:06 pm.

    I have had some bad experiences with paypal..

    I sell adult products, and it is against their policy to accept payment for such products.

    When they found out, the terminated my account, held my money, and sent me a check for the balance of my account 6 months later.

    I would advise anyone selling adult products to not accept paypal as a form of payment.

    I still get people that want to pay with paypal, even after I explain the reason why I can't.
    The tell me that paypal will not know what I am buying. This is a risk I can't take since I had to ask my brother to open a paypal account and let me use it. If I mess this one up, I will not be able to accept or make purchases for the non adult items...

    Just my experience....
  • avatar

    by: jimmy_huber
    SaleHoo Master Member
    2919 posts

    Re: PayPal ClawBacks

    Posted 14 Dec 06 9:41 pm.

    You are correct it is listed in the paypal terms of use agreement.
    You might be able to use bidpay for adult sales.

    Wholesale Directory by SaleHoo

  • avatar

    by: mana2006
    SaleHoo Master Member
    379 posts

    Re: PayPal ClawBacks

    Posted 15 Dec 06 1:58 am.

    seems interesting. Looks like maybe the new google pay system might be better
  • avatar

    by: jimmy_huber
    SaleHoo Master Member
    2919 posts

    Re: PayPal ClawBacks

    Posted 15 Dec 06 3:56 am.

    I havent heard about googlepay. Gonna have to look into that

    Wholesale Directory by SaleHoo

  • avatar

    by: lovebourbon
    SaleHoo Junior Member
    20 posts

    Re: PayPal ClawBacks

    Posted 5 Jan 07 11:03 pm.

    I just couldnt resist my two cents worth. Paypal suck as far as I am concerned. I had my account hacked by a third party ( secure... yeh right ) and becuase I had no money in my bank account at the time I got charged a $45 over draw fee from my bank. I rang paypal numerous times and told them I wanted them to compensate me for the $45 ( not fair I should pay it ) You know what they told me.. I should have had money in my bank account... Sorry didnt reliase I was supposed to keep funds handy for potential hackers. I ended up contacting my local ombudsman ( spelt wrong im sure) and went the legal route. They in the end sent me an email saying in this uniuqe circumstance they will pay the $45 ... 6mths later IM STILL WAITING. the only reason I havnt contacted them again was I finally convinced my bank to reverse the fee. In the mean time paypal wanted a photocopy of my licence to re-establish my account... YEH RIGHT I will just give you more ID make it a bit easier for them to do me over...
    The staff are rude and arrogant and dont know bugger all about their profession. They must pay peanuts cause there all monkeys. The only reason they even budged was legal action.
    THEY SUCK I cant beleive a company with such a huge financial responsibility are allowed to be so unprofesional. Makes me wonder how they sleep at night.