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Posted at May 27, 2006, 9:19 am: Things you should know, PayPal is the most greedy company known to man, and the business practices they employ are equal to those of Enron and Tyco. PayPal only supports buyers, they will ALWAYS give the buyer back the money they paid, if they file for a refund, regardless of what they return back to you - ( it could be a empty box with tracking ) They provide ZERO customer support, and the help you do get is from some customer service person who has a difficult attitude. If you make most of your income by selling from a website, eBay or yahoo auctions, PayPal can mess your whole world up. If they lock your account for any reason- ANY REASON, any and all funds in this account now become property of PayPal for 6 months. If your apartment, house payment or electronic bill payments depends on your income from selling on ebay now come to a nice halt. Buyers will freak out wanting to know what's going on, they paid, but you did not get the money. It's in your PayPal account which is locked - frozen for the next 6 months. Think of this, your customers will freak out, you will go through hell, you will have no money on items you just sold, you can't refund any money, and you can't open another PayPal account. and very few payment methods really work on eBay. No now you have to explain to all the buyers that they will have to send checks or money orders, and they will think you are trying to rip them off. They will even give you neg feedback. PayPal will have you fax every kind of document known to man to them for account reinstatement, but it does not help. I know of no one who has ever had a account un-locked. All the documents they request are really saved for future reference to help determine if you ever try to open a another account. PayPal for some reason likes to freeze accounts when it has money in it. (strange). If your account gets frozen, you will find yourself facing "customer service" ranging from indifferent to actively hostile. Their corporate culture is to assume that anybody whose account is frozen deserves it and is probably a con artist, so they don't make it easy to convince them otherwise. They hide their contact phone numbers, preferring to deal with customers by e-mail so that they can ignore them or respond with irrelevant form replies. If you do get them on the phone, anybody you talk to will be unauthorized to do anything to actually resolve your problem, so you'll just get empty platitudes. About the only way anybody can actually get their account unfrozen is to complain publicly on an online message board.http://www.no-paypal.com Original of the message was taken from http://www.auctionbytes.com/forum/phpBB/ Replies:I heard they eat babies and worship the devil too.LOL. I think they've changed the terms. If you remember this simple fact you won't get into too much trouble. The USA is like a third world country when it comes to money transfers... like Duh! what's your point?? :) I think the point is not to leave too much money in your paypal accoun... Hmmm. I use PayPal but I also use a site called http://www. The one and only time a buyer filed a dispute, the seller protection a... I can agree totally with what Lou has said ! http://www. I don't use PayPal, I don't trust them at all. My experience with PayPal has been great so far. Sell to USA, UK and Canada thru PayPal. I've spent far too many hours researching merchant accounts and what i... Are you telling me that Propay is more expensive than Paypal? so Paypa... ProPay is a MERCHANT ACCOUNT and only the seller can process a buyer's... http://www. There sure was no pffft from me! I was suggesting it was like ... We pay 2. No Chemar, I know that "pffft" wasn't from you! I also... Other Topics of AuctionBytes:Is This A Good Move or Bad Move by eBay?Thanks for the forum Links and Info for Manufacturers Marks Anyone Sold to ? Welcome to the Religious Collectors Corner Finding Legitimate Wholesalers Buddhist Reproduction Stoneware Imagery Can someone recommend Marble books?? Cheap Low cost auction sites on the rise.... Unusal Feather Hat Auction Listing Software Vineland High School 1976 Selling family on ebay Need assistance with furniture id Bowl identification help Help Id-ing a small pottery cat looking for marble value Yahoo Auctions Premium Seller Revamp Help with amber stem NEED ADVICE!!! I've got books i don't want. where to buy items to sell RCA Camcorder/needs part Huge range of collectible vinyl records Costume and Vintage jewelry another ebay spoof Customer wants Fenton piece... Lamp & light bulb question Help me please!!!! |