Almost all the online payment service providers are reversible.
LocalBitcoins could be a great alternative. You deal the seller face to face and use hard cash.
Much safer than reversible transfer services.
Topic: Beware of PayPal and other reversible transfer services - page 6. (Read 815669 times)
Thank you Theymos.
Thank you for your information. As far as I know as we advanced into digital age of money and currency transfer we are prone to hack and virus attacks. Due to this we need to protect our accounts not only our paypal accounts but even bank accounts and other financial tools used to transfer money nowadays. We need to protect our hard earned money because we have done all our efforts to achieved them. So make sure you use anti virus and anti malware in your devices to protect from attacks online. We also need to change our passwords from time to time so that the hackers will have a hard time hack our system. Avoid any spam messages specially in our emails. If the promo online is too good to be true then avoid them. Easy money is not a good idea since hard work and dedication is needed to succeed in life specially in this industry. And of course we need to choose who are going to be trusted physically because sometime we might be fully protected online but while having conversation with other people they are getting some information from us so that they can hack into our accounts. Be vigilant everyone and have a nice day.
We are a bunch of passionate geeks, Our main mission is to help clear the air around cryptocurrency and make it a larger community than it already is
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Good to know. 
Bless yepper.
Bless yepper.
Oufff good thing I saw this before actually doing this because I was really considering this since it seems to be the easiest option and I'm a quite a newbie. thanks for sharing!
good to know..
Are there any ways to increase the reputation?
Are there any ways to increase the reputation?
You need to assure customers that using Paypal is efficient, no delays..
Thank you theymos for the information you shared. I have a Paypal account and I tried it in purchasing an android app. But since you warn us I will avoid using it and try other payment portal like coins.ph and Paymaya.
I sold a computer power supply on ebay using paypal. Well the guys paid then wrote me it is broken. Before I could answer him my paypal was minus. He toke his money back. But it is not that simple anymore! The money he took back was put in a special account. He was required to send me the Power Supply before the money was released.
I would assume a plan money transfer is the same. But dont know but worth looking into!
I would assume a plan money transfer is the same. But dont know but worth looking into!
What i mean why someone sells money without 1:1 ratio? The risk what i meant is getting traced by the gov. You earned some bucks like %110 ratio, you have it in paypal, right? Now you'll withdraw these, right? Assume that photo ID is valid or whatever. If you withdraw, what is the risk you get? I'm not only saying what if money will be get reversed or not; it's a risk yes, but not the legal risk.
Cheers.
Cheers.
I doubt there is such law because It doesn't make much sense, bitcoin rates are different from exchanges so instead of saying preev.com +5% for example, one could simply use the exchange with the highest price. I'm far from being able to give you a legal advice, so I suggest checking this with a lawyer or something. Either way, you're dealing with an individual so your bank/paypal can't really know the purpose of the transaction and the rates unless they has been mentioned in a message from the sender.
I'm not sure what do you mean by getting tracked.
What i mean why someone sells money without 1:1 ratio? The risk what i meant is getting traced by the gov. You earned some bucks like %110 ratio, you have it in paypal, right? Now you'll withdraw these, right? Assume that photo ID is valid or whatever. If you withdraw, what is the risk you get? I'm not only saying what if money will be get reversed or not; it's a risk yes, but not the legal risk.
Cheers.
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.
I see trade offers which is not 1:1 between BTC & PP. Like pay 30 usd as btc and get 33 usd via paypal. What is the purpose of it? Assume you did it through a trusted escrow and not it's also not reversed; so what risk you get? Or how to do it, what kind of wallet or intermediate ways not to get tracked?
The rates are not with PayPal only. It's usually justified by the risks of dealing with someone using a reversible payment method or the volatility of bitcoin price.
It's useless to use an escrow with reversible transfer services but If you ever do that and the transaction didn't get reversed, there are no other risks. (keep in mind that someone could reverse even after months of the transaction). As for the last part of your question, I'm not sure what do you mean by getting tracked.
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.
I see trade offers which is not 1:1 between BTC & PP. Like pay 30 usd as btc and get 33 usd via paypal. What is the purpose of it? Assume you did it through a trusted escrow and not it's also not reversed; so what risk you get? Or how to do it, what kind of wallet or intermediate ways not to get tracked?
Or just use a screencast video of you paying via 'friends and family', which doesn't allow chargebacks
You are wrong there.
Hi.
What time it takes to pay pal to transfer funds from the counterparty to the counterparty.
Thanks
Why would you want to do that? What time it takes to pay pal to transfer funds from the counterparty to the counterparty.
Thanks
hi fellow BTC'ers....I have been seeing these listings where you send btc for $ paypal my cash......anyone have experience with this service? Is there any success on this ever??
Or just use a screencast video of you paying via 'friends and family', which doesn't allow chargebacks
thanks for info
I personally use VirWox and it works very well for these operations
I think the cheapest option to fund your account is bank transfer. It cost me nothing when i did it. But when i used my credit card, they charged me around 5% of the total amount
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