Jump to content

LC1 replacement


cboudier

Recommended Posts

How does that with a charge bck work? You got me worried!

 

You should be worried, as you authorized PayPal to withdraw money from your bank account as well as deposit money into it!

 

The way the scam works is that the buyer makes a legitimate payment to you and you ship him the goods. So far, so good. You've got the money and the buyer has the goods. Where it all goes bad is when the buyer contacts PayPal and claims that you didn't actually send him the goods he bought but a box with a rock in it and he wants his money back. PayPal then either freezes the appropriate amount of funds in your account while they investigate or, if you don't have enough in your PayPal account to cover the "charge-back," they'll reach into your bank account and withdraw however much is necessary. They will then require you to prove that you actually shipped the goods to the buyer and not a rock, and if you think about it, this process can be more difficult than you think.

 

For a start, because you've confirmed the buyer has received the package you sent, many people throw away the mailing receipt. They don't expect they will be asked to produce it 30-60 days later. Second, the mailing receipt only proves you did indeed ship a box of about the correct weight on the day you claim you did, it doesn't prove you didn't put a rock in the box instead of the goods you sold, as the buyer claims. Short of a videotape of you packing the box at the Post Office counter and having the clerk put the tape on the box, how can you prove this?

 

In the old days, this was a real problem and PayPal simply took the position that it wasn't their problem you couldn't prove this, but yours and routinely refunded the buyer's money. Today, because of the abuses in the past, they now claim that so long as the transaction meets certain requirements, they will indemnify the buyer and seller from such bogus claims, but there's always a risk you'll get screwed.

 

And, of course, for every scam buyer, there's also a scam seller, who actually does put a rock in a box and ship it to you. How do you counter his claim that the goods really were in there when the box was shipped and whatever happened must have happened in transit so file a claim with the Post Office or UPS or whomever.

 

Get the idea?

Link to post
Share on other sites

Archived

This topic is now archived and is closed to further replies.

  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...