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The Paypal Nightmare: Omg!

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Author Previous TopicReplies: 14 / Views: 2,228Next Topic  
Valued Member
greekandromancoins's Avatar
Australia
205 Posts
 Posted 06/28/2006  10:18 am Show Profile   Bookmark this topic Add greekandromancoins to your friends list Get a Link to this Message Number of Subscribers
Have a look at what happened to this poor seller, it makes me sick to my stomache: http://www.worldwidedvds.com/catalog/.

This should not be possible.

Peter
Pillar of the Community
United States
751 Posts
 Posted 06/28/2006  5:12 pm  Show Profile   Bookmark this reply Add texasmick to your friends list Get a Link to this Reply
I've never sold on ebay, but I've bought a bunch of coins. I figured it was just a matter of time before I offered some myself, but this thread and others give me pause.

But perhaps we'll have an alternative to paypal one of these days:
http://news.yahoo.com/s/nm/20060627...ayments_dc_1
Bedrock of the Community
Bryan1315's Avatar
United States
14454 Posts
 Posted 06/28/2006  5:56 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
no matter how many other alternatives we have if they dont protect the seller against charge backs then it will just be another avenue for scammers to use like they are using paypal
Pillar of the Community
fengk's Avatar
United States
986 Posts
 Posted 06/28/2006  6:00 pm  Show Profile   Bookmark this reply Add fengk to your friends list Get a Link to this Reply
That is a seller's worst nightmare...that's why I rarely use ebay for buying or selling. If google can come up with a really good fraud protection program, then paypal is out of business.
Bedrock of the Community
Bryan1315's Avatar
United States
14454 Posts
 Posted 06/28/2006  7:20 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
quote:
Originally posted by fengk

That is a seller's worst nightmare...that's why I rarely use ebay for buying or selling. If google can come up with a really good fraud protection program, then paypal is out of business.



I agree what that 100% if they can come up with a true "seller protection" plan then paypal will either have to change their policies or go under quick because sellers are not going to keep taking the risk like they are now with paypal. The time is definately right for a "good" payment site to start up with all the bad publicity that paypal has been getting the past few months, I just hope Google has studied the paypal layout and has a idea on how to improve on the things that needs attention
Pillar of the Community
Australia
853 Posts
 Posted 06/28/2006  11:53 pm  Show Profile   Bookmark this reply Add Bigfella to your friends list Get a Link to this Reply
This happened to me in a much smaller way...paypal have no morals and is one of the unsafest ways to accept a payment. If you take any other form of payment you can protect yourself by asking the buyer security questions....with paypal they are supposed to do that for you...the thing I say is supposed to!!!!!
Pillar of the Community
ageka's Avatar
Belgium
2078 Posts
 Posted 06/29/2006  05:43 am  Show Profile   Bookmark this reply Add ageka to your friends list Get a Link to this Reply
I do not know in US but in Europe if you pay with paypal
ebay raises the protection of the buyer
I have been ripped off for 500$ buying in the USA and paying
Western Union
Never Again

Sellers need Buyers and both need a secure platform IMO
Pillar of the Community
TheForce's Avatar
United States
4870 Posts
 Posted 06/29/2006  07:57 am  Show Profile   Bookmark this reply Add TheForce to your friends list Get a Link to this Reply
It's really sad to hear this. Makes me wonder if I should continue to use PayPal. It's just so much easier, especially for international buying/selling plus its faster than waiting for a money order.
Pillar of the Community
Australia
853 Posts
 Posted 06/29/2006  10:02 am  Show Profile   Bookmark this reply Add Bigfella to your friends list Get a Link to this Reply
I prefer a slow money than takng paypal.
Pillar of the Community
ageka's Avatar
Belgium
2078 Posts
 Posted 06/29/2006  1:30 pm  Show Profile   Bookmark this reply Add ageka to your friends list Get a Link to this Reply
Since that one Western Union order that was pocketed without sending coins I stopped buying any coins outside the euro zone
Easy banktransfer and small claims court at hand is what I want

If I find something priced in UK pounds then paypal is the only way for me to pay
My bank wants 20 Euro transfer cost to a non euro account
Pillar of the Community
TheForce's Avatar
United States
4870 Posts
 Posted 06/29/2006  2:15 pm  Show Profile   Bookmark this reply Add TheForce to your friends list Get a Link to this Reply
I have had decent expierences with PayPal but I am concerned about the fees.
Pillar of the Community
ageka's Avatar
Belgium
2078 Posts
 Posted 06/29/2006  5:16 pm  Show Profile   Bookmark this reply Add ageka to your friends list Get a Link to this Reply
quote:
Originally posted by nds76

I have had decent expierences with PayPal but I am concerned about the fees.



As a buyer in non Euro money I pay 3 % total to paynonpall is 7% between buyer and seller
Pillar of the Community
ageka's Avatar
Belgium
2078 Posts
 Posted 06/29/2006  5:19 pm  Show Profile   Bookmark this reply Add ageka to your friends list Get a Link to this Reply
Some sellers are total fools
I am bidding on a coin in France the xxxxx prefers paypal
to a total free euro banktransfer
That is the way paypal florishes
Ignorance and fees
Valued Member
CiScO's Avatar
United States
458 Posts
 Posted 06/30/2006  6:16 pm  Show Profile   Bookmark this reply Add CiScO to your friends list Get a Link to this Reply
Man I tell ya, after reading G&RC post regarding the dvd store I am real angry and concerned now about taking ANY kind of payment in any way shape or form from PeePee. Also reading what has happened to bigfella has me fuming. It's not just with PayPee mind ya, they have been confiscating funds from accounts for years, even before ebay bought them. It looks like though it is now out of hand. They have opened a BIG door for scammers using credit cards, which I mentioned on another post--& like was posted here, there is no way TO SEE how peepal has received payment for your goods so the seller HAS THE OPTION OR can REJECT payment VIA CREDIT CARD.

Right now because of this post, and what has happened to BF, & the post above, unfortunately I will NO longer except payment from peepee. IN fact I am seriously considerining CLOSING my PayPal account. Remember, THEY have access to YOUR BANK account if your a confirmed user. Granted in my case it is only my checking account BUT after reading this post I am angry!! This IS my primary checking account that my wife and I use to PAY OUR BILLS!!
We have direct deposits setup--

This was my only concern when I signed up with PP, the fact that they can take money from my account--BUT I was always under the impression that I WAS THE ONE WHO RELEASED THE FUNDS!! Now, I see that they can take my money "WITHOUT MY PERMISSION"!! That my fellow friends is extremely scary!!

For now I propose for our forum member(s)that are as angry about this as I am, IF you will join me, that we join together and pick a "date" and a "time" whereas we ALL cancell out Paypal account in protest over the lack of seller protections!! AT THE SAME TIME!!--Who will join me in this crusade? In that way we can tell paypal and ebay this>>>>>>>>>>>>
The-Paypal-Nightmare:-Omg!
UP YOURS PAYPAL!!

CiScO
Pillar of the Community
Australia
853 Posts
 Posted 06/30/2006  11:41 pm  Show Profile   Bookmark this reply Add Bigfella to your friends list Get a Link to this Reply
I have gone to the Commonwealth Banking Ombudsman to solve my dispute and also to the Australian Comsumer Protection Commission about Paypal falsly advertising a safe and secure method of receiving payment and their lack of seller protection against chargembacks that they advertise.

If you have similar Government Bodies in the USA I suggest a complaint to them.
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