Upload & Sell: On
| p.2 #8 · Scamming on the buy/sell board? |
Over $250 PayPal Scam
... If not, the scammer will open a dispute with PayPal and claim the item was not received. Even if the seller used delivery confirmation and can show the item was delivered, it will not help. Without proof of delivery using signature confirmation for items $250 or more, PayPal will take the funds out of the seller's account and return it to the scammer.
To me, the issue is much bigger than do I trust the buyer; it is, do I trust PayPal?
I used to have a PayPal account linked to my credit card. then I read the website Paypal sucks. It is a real eyeopener. I canceled my PayPal account, then re-opened it with a link only to a little used checking account with a very low balance. Then, whenever I make a big sale, I immediately withdraw all funds from PayPal.
This prevents the buyer from saying to PayPal that I only mailed him a brick, where he gets to keep my camera gear, AND gets a chargeback payment from my credit card. PayPal bitterly hates this, because it removes their power to chargeback for any and all reasons, without bothering to do an investigation.
This arrangement causes me huge problems when I buy, since PayPal withdraws cash that day, from my checking account, but will not give me credit for the cash transfer for 4 days. I'll put up with that, to be protected from unreasonable chargebacks.