A reminder that Paypal sucks
This “bank” not only does not protect its customers but it creates such narrow definitions of “seller protection” and “buyer protection” that it essentially doesn’t offer any protection at all.
Be prepared, since if you fall victim to an ebay scammer you will also be forced to do battle against and lose money to paypal… you will have sold and shipped your item only to find your money frozen by Paypal, and you will have no recourse to dispute their decisions since they aren’t technically a real bank. Paypal is not a legitimate “financial institution” and so they do not have to follow anyone’s rules but their own.
Use Paypal at your own risk.
History: A number of years ago I got scammed when I sold something on ebay. Yes, I have since learned my lesson. After I shipped the item the buyer reversed charges and paypal froze the money in my account and demanded that I repay them about $400.
At that point I was out not only the item but also $400.
I provided paypal various types of shipping documents but unfortunately I did not track the shipment to their satisfaction and therefore did not fall under their narrow definitions to qualify for “seller protection”.
My paypal account was frozen.
The representatives that I have spoken with have all been completely unhelpful aside from demanding that I pay them $400 and/or contact the scammer in Nigeria to demand that he pay me the money. Neither of those options are going to happen anytime soon.
I asked the representative to escalate me to her manager and the “manager” that I spoke with was as unhelpful and uncaring as any others that I have dealt with at paypal.
I will go out of my way to avoid both paypal and ebay, and recommend everyone that I know to do the same.
It should have been a simple business decision, that it is better for them to “lose” $500 to a scammer rather than try and extort their lost money from a legitimate ebay/paypal user. Instead they will receive nothing but bad press from me. Granted, my voice on the internets is not very loud, but seeing as how this is their standard operating practice they’ll keep pissing people off and losing customers until they understand how to better treat fraud victims.