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Any PayPal Experts Here?

 
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nick reed
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PostPosted: Fri Mar 03, 2006 6:28 am    Post subject: Any PayPal Experts Here? Reply with quote

If someone deposits money into my PayPal account, is there any way for them to take it back out?

Here's the deal, I want to sell a camcorder to someone with a PayPal account. If the buyer deposits the payment into my PayPal account and I ship the camcorder to them, is there any way for them to scam me and take the money out?

Nick
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Spacegypsy
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PostPosted: Fri Mar 03, 2006 6:35 am    Post subject: Reply with quote

As far as I know, they shouldn't be able to do that without making a complaint to Paypal about your service.

It is simple to refund, from your end, though, should the need arise.

Make sure they pay instantly and do not use an Echeck. Sometimes clients have made payments to me by Echeck, which takes 4-5 days to clear, and when that happens you get an email from Paypal to say that you should not send the goods until the Echeck has cleared,

It might be worth checking with Paypal themselves, as it may just be something I have never come across.
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nick reed
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PostPosted: Fri Mar 03, 2006 6:53 am    Post subject: Reply with quote

Now I am sorry that I started this post. Please forgive me... I should have called PayPal. Just leaning on friends, I guess. Perhaps an emoticon will patch things up. Embarrassed

Anyway, I just called PayPal. They informed me that the buyer could not simply take the money back. If there were a dispute over the merchandise received, they could go through the resolution center and possibly get a refund but that's it.

Nick
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Spacegypsy
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PostPosted: Fri Mar 03, 2006 6:58 am    Post subject: Reply with quote

Ah well, it's good to know for sure!

Just watch out for the Echecks though.... Smile
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mcm
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Joined: 10 Dec 2004
Posts: 2600
Location: w. MA, USA

PostPosted: Fri Mar 03, 2006 7:37 am    Post subject: Reply with quote

You could be doubly sure by shoveling the money out of the account as fast as they shovel it in Smile

Some people keep a separate account for that purpose.
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VO-Guy
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PostPosted: Fri Mar 03, 2006 12:07 pm    Post subject: Reply with quote

mcm wrote:
You could be doubly sure by shoveling the money out of the account as fast as they shovel it in Smile


Hey that's what I do. I got one of Paypal's debit cards. As soon as somebody pays into my paypal it's straight to the ATM at the bank. Heard to many horror stories.
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Sameer
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PostPosted: Fri Mar 03, 2006 3:11 pm    Post subject: Reply with quote

If the buyer is a Nigerian .....there is a high chance that they are forwarding funds from a "phished" account at paypal.com

ofcourse all sheeps aint black out there
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