How to escape from ChargeBacks? - page 2.

unholycactus

legendary

Activity: 1078

Merit: 1024

Quote from: BTC786 on June 13, 2015, 09:58:43 AM

I wanted to know how to escape from Chargebacks?

Let's say if you are going to sell BTC for PayPal.

So I'm giving one of my PayPal email and once I received the BTC, if I transfer the payment to another PayPal email of mine, still is there any possibility to chargeback my second PayPal which TRANSFERRED TO?

Please advise.

You realise you can have a negative balance right? I'm also pretty sure it's against PayPal's TOS to have two accounts.

squatter

legendary

Activity: 1666

Merit: 1196

STOP SNITCHIN'

there is no way to fully prevent chargebacks with Paypal. they will freeze the money at any point down the line. you can only deal with reputable people and charge a premium to account for the risk of chargebacks.

bitbollo

legendary

Activity: 3276

Merit: 3537

Nec Recisa Recedit

I think, when you sell btc with paypal, there is a really little probability to get back money.
Get back btc Grin

really impossible! At least you can hope the thief have some retard and give you access to him pc... yes for me it's impossible and no one can help you in this case.

Maybe if you sell "voucher code" related to btc, you can be more lucky because the thief can left some "trace" around here...

There is only one solution: Not accept paypal!

subSTRATA

legendary

Activity: 1288

Merit: 1043

:^)

Quote from: LiteCoinGuy on June 13, 2015, 03:42:12 PM

paypal is the biggest shit in history. i would love to have an alternativ. this is why i love bitcoin Cheesy

completely agree, paypal is the worst wen it comes to their chargeback policies; the scammer wins just about all the time, I dont plan on using paypal again either after some recent events.

LiteCoinGuy

legendary

Activity: 1148

Merit: 1014

In Satoshi I Trust

paypal is the biggest shit in history. i would love to have an alternativ. this is why i love bitcoin Cheesy

Brewins

legendary

Activity: 1120

Merit: 1000

Quote from: notlist3d on June 13, 2015, 01:50:09 PM

Quote from: BTC786 on June 13, 2015, 09:58:43 AM

I wanted to know how to escape from Chargebacks?

Let's say if you are going to sell BTC for PayPal.

So I'm giving one of my PayPal email and once I received the BTC, if I transfer the payment to another PayPal email of mine, still is there any possibility to chargeback my second PayPal which TRANSFERRED TO?

Please advise.

Sadly BTC is not easy to buy/sell with paypal. There is not a good way to stop bogus chargebacks. So this creates the ones who do sell for paypal to get a considerable margin over that day's prices. (I'm guessing you saw prices and that's why want to sell or it)

Paypal can easily lock accounts. If they see a history of transferring money into another account and there is a chargeback they simply have to lock both accounts. Only way the money is really safe is if it's pulled out of paypal. Even then though they could come after you on a chargeback.

I highly suggest not doing paypal for BTC. Until paypal changes policy's it is not worth it in my opinion. Only thing you might be able to do better is send a paper wallet in mail and say no return. You can then show paypal a delivery of something, could make it signature required to strengthen it. But it still can be a dispute even with this.

The receiver would claim that the address was empty, or got emptied while in transit.

How could the seller prove otherwise?

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: BTC786 on June 13, 2015, 09:58:43 AM

I wanted to know how to escape from Chargebacks?

Let's say if you are going to sell BTC for PayPal.

So I'm giving one of my PayPal email and once I received the BTC, if I transfer the payment to another PayPal email of mine, still is there any possibility to chargeback my second PayPal which TRANSFERRED TO?

Please advise.

Sadly BTC is not easy to buy/sell with paypal. There is not a good way to stop bogus chargebacks. So this creates the ones who do sell for paypal to get a considerable margin over that day's prices. (I'm guessing you saw prices and that's why want to sell or it)

Paypal can easily lock accounts. If they see a history of transferring money into another account and there is a chargeback they simply have to lock both accounts. Only way the money is really safe is if it's pulled out of paypal. Even then though they could come after you on a chargeback.

I highly suggest not doing paypal for BTC. Until paypal changes policy's it is not worth it in my opinion. Only thing you might be able to do better is send a paper wallet in mail and say no return. You can then show paypal a delivery of something, could make it signature required to strengthen it. But it still can be a dispute even with this.

monbux

legendary

Activity: 1736

Merit: 1029

Quote from: BTC786 on June 13, 2015, 09:58:43 AM

I wanted to know how to escape from Chargebacks?

Let's say if you are going to sell BTC for PayPal.

So I'm giving one of my PayPal email and once I received the BTC, if I transfer the payment to another PayPal email of mine, still is there any possibility to chargeback my second PayPal which TRANSFERRED TO?

Please advise.

Depends on how far the people at paypal want to go. That's not a question to ask this forum, but paypal themselves. Additionally, the best way to "escape" is to not do these easily reversible transactions unless you are up for the risk.

Sourgummies

hero member

Activity: 728

Merit: 500

Never ending parties are what Im into.

Its amazing that paypal deals happen,I have read nothing but bad stuff about chargebacks.

Orangina

sr. member

Activity: 309

Merit: 250

Quote from: BTC786 on June 13, 2015, 09:58:43 AM

I wanted to know how to escape from Chargebacks?

Let's say if you are going to sell BTC for PayPal.

So I'm giving one of my PayPal email and once I received the BTC, if I transfer the payment to another PayPal email of mine, still is there any possibility to chargeback my second PayPal which TRANSFERRED TO?

Please advise.

of course not otherwise the whole transactions of paypal will get raped
if you send to a second Paypal account , your money is safe however if your first paypal account is related to credit card or bank account they may take off money from it , if not ... your balance will become negative and they will take money once you have it on ur account

BTC786

sr. member

Activity: 495

Merit: 250

I wanted to know how to escape from Chargebacks?

Let's say if you are going to sell BTC for PayPal.

So I'm giving one of my PayPal email and once I received the BTC, if I transfer the payment to another PayPal email of mine, still is there any possibility to chargeback my second PayPal which TRANSFERRED TO?

Please advise.

Topic: How to escape from ChargeBacks? - page 2. (Read 2206 times)