Trust me with a good story a buyer can cancle a crdit card transfer also 3 months after payment was done: this happend once to me an dpapyl is just doing NOTHING about it: its big and nasty money mashine, which not only cgharges 4 % toll but also has extermely strange conversion rats: ocerall with adiffernt currency you loose nearly 8%: together with ebay fees of 8% too, this is a big big joke.

: Has anyone analyzed the charge-back issue, to determine whether
: sellers are at risk, when they accept PayPal, funded with a
: credit card?

: Jeff

:
: Hi guys,

: Here's the way that I use eBay/Paypal & the reasons why.

: I have 2 eBay accounts, both registered to different E-mail
: addresses. I have 2 Paypal accounts, one per eBay account.

: One eBay account ( SteveW62 ) is my "buying" account. I
: only ever buy & pay with this account. This works fine. The
: feedback is "hidden" I have set the account up so that
: my feedback ( about 750 ) is "private". I don't care
: if a seller can't see it. As long as I win & pay on time,
: that's what counts with this account.

: My "selling" account has had a PayPal problem ( &
: feedback problem ). The feedback on this account is
: "open" for (potential) buyers to check me out. From
: this account, I sold a Military Hamilton to a guy in Singapore.
: It took the buyer ages to pay & eventually, after various
: empty promises, he did, via PayPal & a credit card ( can you
: guess what's coming ? ). In order to fund another purchase, I
: quickly removed the money from my PayPal account. I sent the
: watch, via Registered post, the day after payment..

: About a week after payment was received I got an E-mail from PayPal
: stating that the credit card used to fund the purchase was
: stolen & that the payment had been reversed. So my Paypal
: account was now negative. Paypal asked me to please correct this
: situation & restore my balance to zero.

: I wrote to Paypal & said that I had already sent the watch
: & if I cleared my negative balance I would have no money
: & no watch. I saw ( & still see ) it as a PayPal
: "mistake" to accept payment from a stolen credit card.
: I don't see why I should carry the costs for a mistake/decision
: made by Paypal.

: I left the seller negative & he left me retaliatory negative.

: After a few weeks, 3 sellers on 3 continents had left the same
: negative feedback. ( Paypal & stolen credit card ) The
: buyers account was suspended.

: Eventually Paypal stopped writing nasty letters about my acount
: being negative ( as far as I know it still is ). I never got the
: watch back. I tried to get eBay to remove my negative feedback -
: they refused. At that time they said it was a pure Paypal
: problem & had nothing to do with eBay, I know they have a
: different attitude now .... so some things HAVE improved :-)

: I'm pretty cautious about accepting PayPal now & for larger
: amounts, I will INSIST that the payment is in my account for
: OVER a month before I sent the item. ( for smaller amounts I can
: swallow the loss )

: So that's my sellers experience with PayPal. As a buyer I am happy
: with the service. It's quick easy & free me me :-)

: Another point in the original post was that SELLERS are now no
: longer allowed to leave negative feedback. I don't know if this
: is true for all eBay sites, but I have read that it applies in
: Australia & have already seen it in eBay.co.uk I recently
: bought something from the UK. When I left feedback ( positive )
: a popup appeared & basically asked me if my feedback was
: "truthful", I had nothing to "fear" because
: the seller COULD NOT leave negative feedback for me ..... so
: basically as a buyer I can say exactly what I want without fear
: of retribution ..... Seems fine from a buyers point of view
: ........... not so good for the sellers.

: I don't believe that ALL buyers are honest. The new system seems to
: protect the buyers whilst leaving the sellers totally
: unprotected.

: I don't sell much in eBay. But if I were to start selling watches,
: I'd use the forum sales board & make sure payment is 100%
: safe before I send a watch.

: S.

: