Author Topic: Paypal's started a fire in their own backyard.  (Read 1745 times)

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Offline JGZinv

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Paypal's started a fire in their own backyard.
I never knew about this until I ended up hitting it myself, so here goes.

You can follow the approx' 200 threads of irate users at the Paypal community here:
https://www.paypal-community.com/t5/forums/searchpage/tab/message?q=21+days#message-list

or my short version is thus:

If you're under 100 qty feedback, and/or 100% positive, along with other rules, Paypal can halt
incoming payments to you until such time as the buyer leaves positive feedback or you can prove
the item arrived.

Here's PP's page on the matter:

https://www.paypal.com/c%3Cwbr%3Egi-bin/webscr?cmd=xpt/Marketing/securitycenter/sell/SaferPayments-outside

While that sounds all well and good, first off their rules don't seem to apply across the board, as powersellers
and the like with 100% positive feedback are getting pending notices as well. It's not isolated.

So what is the big deal about?

Well if you can't get your funds, and you don't want to use (or in many cases don't have the extra $$$ around) your
own money to ship the item, you have to wait the 21 days to get any funds. Several users are finding that even after the item has
arrived, they've had to call Paypal and take it up with Cust' Support and prove the item was received by way of delivery confirmation.
In addition to this, if you choose to ship before payment clears, the buyer can lodge a dispute and Paypal auto-refunds the amount.
So the seller is once again stuck, and someone made off with your package.

From the buyer's perspective, if you leave feedback ahead of time, that doesn't help if you need to leave a claim due to
a problem with the item or otherwise, because you have to leave positive feedback to allow the seller to receive your funds
in some kind of timely manner.

In the meantime, Paypal already took it's fees out of the total and you're hanging in limbo.

I'm not usually one to make a stink about something, but you sure need to be aware of this if you've got money, emotions,
or valuables, riding on a transaction clearing in a timely manner.


So I dunno, discuss, be informed... suggest alternatives to use.
« Last Edit: December 03, 2009, 02:30:46 pm by JGZinv »
True power comes not from strength, but from the soul and imagination.
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The FringeSpace Conversion Mod

 

Offline Bobboau

  • Just a MODern kinda guy
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Re: Paypal's started a fire in their own backyard.
that was copied from an email wasn't it?
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Offline JGZinv

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Re: Paypal's started a fire in their own backyard.
No I wrote it...   :wtf:

True power comes not from strength, but from the soul and imagination.
Max to PCS2 to FS2 SCP Guide
The FringeSpace Conversion Mod

 

Offline blackhole

  • Still not over the rainbow
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Re: Paypal's started a fire in their own backyard.
So I dunno, discuss, be informed... suggest alternatives to use.

What alternatives? Paypal is virtually a monopoly. The only alternative available is to process credit cards directly.

  

Offline JGZinv

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    • The FringeSpace Conversion Mod
Re: Paypal's started a fire in their own backyard.
Not entirely true.

So far in reading through the Paypal forums, I've heard of  folks suggesting:

http://www.paymate.com/cms/index.php

http://www.google.com/checkout/gettingstarted.html

These being the top two in just about every instance. Paymate because
of it's acceptance with eBay, and GC because of it's rates matching Paypal.

http://www.moneybookers.com/app/

https://www.neteller.com/home/index.jsf

http://ccnow.com/

True power comes not from strength, but from the soul and imagination.
Max to PCS2 to FS2 SCP Guide
The FringeSpace Conversion Mod