Topic: Beware of PayPal and other reversible transfer services - page 4. (Read 934136 times)
Oh so it's true! That's why I never use PayPal because of negative feedback like this and also there seems to be a lot of delay in their processing and is my observation right? The fees are quite oddly high or is it just me?
Paypal Sucks , Reverse me $900 that i do not meet seller's protection requirements 
Money sent through PayPal and any other money transfer service that accepts credit cards can be easily reversed by the sender, even after several weeks. Therefore, you should only accept PayPal in trades with people you trust very highly.
This is why newbies are not likely to sell their PayPal USD for bitcoins successfully.
Some other services that are not totally safe:
- Bank transfers (ACH, etc.) except wire transfers
- Most gift cards.
- Moneypak
- AlertPay
- Paysafecards
- Dwolla
- Western Union (they reportedly will sue the recipient to recover money in some cases)
This is why newbies are not likely to sell their PayPal USD for bitcoins successfully.
Some other services that are not totally safe:
- Bank transfers (ACH, etc.) except wire transfers
- Most gift cards.
- Moneypak
- AlertPay
- Paysafecards
- Dwolla
- Western Union (they reportedly will sue the recipient to recover money in some cases)
Yes ....so true ! A friend once had check back issues after receiving cash through a bank transfer which he has rendered service...it was a bad experience for him! Since that ugly incident...me and my co networks are very careful as to where payments are coming from....
PayPal, Skrill (MoneyBookers) and so on was actually long time ago in the far far galaxy))) It is very centralized and has very high fees. It's better to use p2p private platform of meetinf face to face for exchange, but this way has another dangers.
skrill is even more dangerous. they can just refund the buyer and also charge you for inappropriate usage of their service. avoid!
I believe Skrill is much harder when it comes to chargebacks so I would recommend it over PayPal and I don't think what you said is even possible. By that logic, If the transaction from A to B is made and then one user is sending to another, everyone will lose their funds? that would make the company close in a matter of days.
PayPal, MoneyBookers (Skrill) is very centralized. I don't like all of it. There ae a lot of problems to use it for changing fiat to crypto and back.
skrill is even more dangerous. they can just refund the buyer and also charge you for inappropriate usage of their service. avoid!
Money sent through PayPal and any other money transfer service that accepts credit cards can be easily reversed by the sender, even after several weeks. Therefore, you should only accept PayPal in trades with people you trust very highly.
This is why newbies are not likely to sell their PayPal USD for bitcoins successfully.
Some other services that are not totally safe:
- Bank transfers (ACH, etc.) except wire transfers
- Most gift cards.
- Moneypak
- AlertPay
- Paysafecards
- Dwolla
- Western Union (they reportedly will sue the recipient to recover money in some cases)
This is why newbies are not likely to sell their PayPal USD for bitcoins successfully.
Some other services that are not totally safe:
- Bank transfers (ACH, etc.) except wire transfers
- Most gift cards.
- Moneypak
- AlertPay
- Paysafecards
- Dwolla
- Western Union (they reportedly will sue the recipient to recover money in some cases)
I have lost 150$ at paypal for some payment of btc. They can easily create a ticket and force you to refund money back to them. PayPal can charge your credit card if you move your funds out of it. beware.
PayPal, MoneyBookers (Skrill) is very centralized. I don't like all of it. There ae a lot of problems to use it for changing fiat to crypto and back.
When I sell something using paypal, so many sales being reversed due to "credit card fraud" and I never get refund. That is all I get for their ridiculous fees
I never heard that Western Union is reversible? I even tried once to return my founds, no way.
What then they other best option to use fiat to buy coins/bitcoins then?
What then they other best option to use fiat to buy coins/bitcoins then?
If you pickup your funds and transactions is between other countries, I don't believe there is much that can be done.
I would just use an exchange that accept credit cards If I were you, something like Coinmama or Coinbase should do the trick.
The best option is a personal meeting and cash-to-coins exchange. Much better than any of the services.
Good evening , this is my first post:
Paypal reverse by credit card : as the money is chargedback it can be chargedback by the legal owner of the credit card that also bought you bitcoins ( in this case Paypal can give the data of the client and a case can be opened ) or by a stolen credit card that was used to buy bitcoins ( in this case Paypal should pay as they accepted the credit card ) .
Is there any lawer who can do the work of the case and get payed only if the case is won?
Thanks
Paypal reverse by credit card : as the money is chargedback it can be chargedback by the legal owner of the credit card that also bought you bitcoins ( in this case Paypal can give the data of the client and a case can be opened ) or by a stolen credit card that was used to buy bitcoins ( in this case Paypal should pay as they accepted the credit card ) .
Is there any lawer who can do the work of the case and get payed only if the case is won?
Thanks
Money sent through PayPal and any other money transfer service that accepts credit cards can be easily reversed by the sender, even after several weeks. Therefore, you should only accept PayPal in trades with people you trust very highly.
This is why newbies are not likely to sell their PayPal USD for bitcoins successfully.
Some other services that are not totally safe:
- Bank transfers (ACH, etc.) except wire transfers
- Most gift cards.
- Moneypak
- AlertPay
- Paysafecards
- Dwolla
- Western Union (they reportedly will sue the recipient to recover money in some cases)
This is why newbies are not likely to sell their PayPal USD for bitcoins successfully.
Some other services that are not totally safe:
- Bank transfers (ACH, etc.) except wire transfers
- Most gift cards.
- Moneypak
- AlertPay
- Paysafecards
- Dwolla
- Western Union (they reportedly will sue the recipient to recover money in some cases)
Why is Western Union reversible?
It's explained. I believe the reverse won't happen just because you told them, there should be a lawsuit but I believe If the transaction is worldwide, and you will get your money instantly, you should be fine.
Why is Western Union reversible?
PayPal is definitely one of the least secure methods of payment. so much fraudulent activity every transaction has to be verified personally. Too bad we cant go back to the days where our monetary system/exchanges were completely reliable and trustworthy.
Is Circle Pay a reversible transfer service?
Just like the Neteller, Skrill and the rest of payment methods. If the account was funded using crypto, no, otherwise yes. I suggest reading the full User agreement so you know what you're getting yourself into:
Quote
Once a bitcoin transaction has been initiated, it cannot be reversed. Deposits using a bank account, debit card, or credit card may be reversed or may be subject to a chargeback or related claim.
Thanks
This is why the ecommerce model, Shopify online shopping needs to have Paypal presence in the payment. To assist shoppers with the safest level possible. And that is why PayPal is still in the limelight even as Bitcoin is gaining market share. PayPal does not seem to lose its value. But PayPal users must know the big disadvantage of PayPal with the current user is the problem Limit. Unfortunately, you will need to withdraw a certain amount of money on PayPal when this happens
Is Circle Pay a reversible transfer service?
Just like the Neteller, Skrill and the rest of payment methods. If the account was funded using crypto, no, otherwise yes. I suggest reading the full User agreement so you know what you're getting yourself into:
Quote
Once a bitcoin transaction has been initiated, it cannot be reversed. Deposits using a bank account, debit card, or credit card may be reversed or may be subject to a chargeback or related claim.
Is Circle Pay a reversible transfer service?
Im not really use that kind of services... but thanks for the information... Im really apreciated it 
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