Pay Pal credit card avoidance

[Graham]

I won't touch PayPal any more, they messed me around a lot trying to buy kilts. They kept telling me I was out of credit and had to use another card (I have only one) even tho' there was plenty of money in my card (I use a debit, rather than credit card).

Paypal stink, they are a waste of time.

[Bob C]

I've used PayPal for dozens of Ebay purchases. I've never encountered the problems you folks mention.

I DO tire of their pitch to "get verified" by giving them a bank account number. I'm not about to do that.

[clancelt]

I've used PayPal for dozens of Ebay purchases. I've never encountered the problems you folks mention.

I DO tire of their pitch to "get verified" by giving them a bank account number. I'm not about to do that.

Don't get me wrong, out of hundreds of dealings with them I have only had ONE issue. I had all of my bases covered and got my money back but only after being put through the ringer. They did everything to get out of giving me my money back(Paid via my bank account, last time EVER for that on a purchase for more than 50 bucks).

For a big purchase, like a kilt, use your Visa or Mastercard. If the deal goes south all you will have to do is call your card company. Not do the paypal paperwork dance.

My bad deal was with a "Verified" paypal member for a $400 canvas tent. Turns out he had more than one "verified" account and was screwing people left and right. He just kept sandbagging on the delivery until you were past the time to file a valid claim with Paypal. I was in contact with a few of the other people he hosed and they told me that Paypal basically told them "Too bad, you are past the time to file a complaint"

I think at the time it was like 60 days. (Most card companies give you a year), so on day 59 I filed my complaint. Long story short, after a threat to sue them I got my money back.

[David Thornton]

I have collected about 275 hunting related books for my liabrary. A lot of them over the net, through auctions, or from used book dealers world wide. It took me three years to get the base, still adding some of the harder to find ones. I have first edition Roosebvelts, Hemmingways, etc.
Without paypal this would not have been possible.
I did get on a first name basis with one dealer and used my credit card direct with him. When his system crashed a lot of charges were put on my card. Eventually got that corrected.
But, I never had one problem with paypal.
Sorry to hear about your problem, but I don't think it's malicious. They have been extremely helpful with me.
David

[David Thornton]

Admin, we need a spell check!

That's Roosevelt, sorry fat fingers

[LordDamax]

Paypal forces you to use a bank account for one reason. Money.

When they charge your credit card, they pay a 2.2% fee to Visa/MC/whoever. It's likely lower than 2.2% as they do such a massive volume (volume discount) but 2.2% is pretty much the standard.

Every time money is moved inside paypal to a Permiere or Business account, paypal skims 2.9% off the top. Now, for a credit card payment, I understand that. They pay 2.2% and want to make a profit. Thats cool. I'm all for capatalism.

Personal accounts have no receive money fees. But, personal accounts cannot accept credit card payments. Again, I get that. They'd pay 2.2% to the credit card company, and they'd not recoup that cost.

So, why 'force' a bank account transaction? Because paypal skims 2.9% off ALL money going to a Premiere or Business account REGARDLESS of the source. If you own a Primere account and a seperate Business account, and you move $100 from one to the other, you'll have $97.10. Move it back, $94.28, move it again, $91.54 - ad infinitum until you have no money.

So if they "make" you use a bank account they clear a cool 2.9% on every transaction. Every time you use a credit card you slam the hell out of paypal's profits.

Personally, paypal is the devil incarnate and I despise it with all passion I can muster. Unfortunately, they are THE online payment solution. There are others, smaller, unknowns... untrustworthy... (if its possible to be more untrustworthy than paypal) and no one uses them. Everyone uses paypal, so I suck it up and hate them while I do it.

I've been screwed so many times by paypal, to the tune of $1100 out of MY pocket and Paypal says "Oops sorry, too bad for you"

Bah now I'm just ranting. My only advice here: If you sell on ebay using paypal NEVER ship to an unconfirmed address. If you do, and the buyer is fraudulent, paypal's policy is short and sweet: They take the money back from you, and too f'ing bad. I had this happen to me, and I had the fraud's name, home address, home phone number, etc... gave it all to paypal, they actually told me "We're not interested. We returned the funds to the victim (the guy who's credit card was stolen). If you'd like to persue this on your own, feel free. We're done."

[arrogcow]

I didn't realize they were charging me 2.9% if someone pays with a bank account. I always thought I was getting the full ammount unless from a card. however, if I use my paypal card as a debit card, I get some cash back (1.5%).

Adam

[LordDamax]

If your account is Primere or Business, regardless of how you are sent money they take 2.9% from the transfer (the receiver of the money pays this fee).

A personal account receiving money doesnt pay any fees, but also cannnot accept credit card payments.