is paypal reversible? - page 2. | Bitcointalksearch.org

seoincorporation

legendary

Activity: 3290

Merit: 3092

Quote from: -Lux- on July 31, 2015, 10:37:10 PM

i want to know before i make an exchange? can people do a refund thing or whatever

Yes it is. This kind of transaction is high risk for the bitcoin side, users can buy bitcoin with paypal and charge back the paypal payment. In this scenario the bitcoin users will lose because he can't ask a refund to the bitcoinchain.

ColderThanIce

sr. member

Activity: 373

Merit: 252

I wouldn't accept PayPal payments from people who don't have any or low trust here. It's a classic scam that's happened many times: buyer gets the bitcoins, and then files a chargeback with PayPal. Doesn't matter if it's paid through Goods and Services or Friends and Family. Lots of people seem to think that F&F payments aren't reversible, but I've heard of F&F transfers being reversed after the sender claims that their account was hacked.

Quote from: FrozenOne on July 31, 2015, 11:00:12 PM

Quote from: TheShenglong on July 31, 2015, 10:44:53 PM

Well you can open a conflict and close it again.
Once closed It's not possible to open a conflict again tho.

EDIT: The buyer have to do so

That is a lie. It can be opened again with a phone call to Paypal. It's been done before MANY times.

Was going to mention this as well. It might be a little harder to open a dispute a second time but it's very doable.

FrozenOne

sr. member

Activity: 266

Merit: 250

Quote from: TheShenglong on July 31, 2015, 10:44:53 PM

Well you can open a conflict and close it again.
Once closed It's not possible to open a conflict again tho.

EDIT: The buyer have to do so

That is a lie. It can be opened again with a phone call to Paypal. It's been done before MANY times.

TheShenglong

newbie

Activity: 10

Merit: 0

Quote from: -Lux- on July 31, 2015, 10:56:05 PM

Quote from: TheShenglong on July 31, 2015, 10:44:53 PM

Well you can open a conflict and close it again.
Once closed It's not possible to open a conflict again tho.

EDIT: The buyer have to do so

you mean the seller?

The person who paid have to open a conflict and close it again.

-Lux-

full member

Activity: 200

Merit: 100

Quote from: TheShenglong on July 31, 2015, 10:44:53 PM

Well you can open a conflict and close it again.
Once closed It's not possible to open a conflict again tho.

EDIT: The buyer have to do so

you mean the seller?

cryptosun

sr. member

Activity: 448

Merit: 250

Exchange Your BTC to PM Instantly :)

Quote from: -Lux- on July 31, 2015, 10:43:34 PM

Quote from: JWMutant on July 31, 2015, 10:41:22 PM

Quote from: foodstamps on July 31, 2015, 10:38:24 PM

Yes it is reversible, never sell bitcoin for paypal. The owner can just file a claim and get the payment reversed.

Question for you.
What reason do they normally give paypal as the reason?

i would also want to know this is there a way to hold the ammount for a certain ammount of days till they pass then be safe of charge back?

Hi Buddy , if you take several measures than you can avoid chargebacks , but you can deal with paypal with only of your trusted friends or whom you can trust

TheShenglong

newbie

Activity: 10

Merit: 0

Well you can open a conflict and close it again.
Once closed It's not possible to open a conflict again tho.

EDIT: The buyer have to do so

-Lux-

full member

Activity: 200

Merit: 100

Quote from: JWMutant on July 31, 2015, 10:41:22 PM

Quote from: foodstamps on July 31, 2015, 10:38:24 PM

Yes it is reversible, never sell bitcoin for paypal. The owner can just file a claim and get the payment reversed.

Question for you.
What reason do they normally give paypal as the reason?

i would also want to know this is there a way to hold the ammount for a certain ammount of days till they pass then be safe of charge back?

JWMutant

member

Activity: 76

Merit: 10

Quote from: foodstamps on July 31, 2015, 10:38:24 PM

Yes it is reversible, never sell bitcoin for paypal. The owner can just file a claim and get the payment reversed.

Question for you.
What reason do they normally give paypal as the reason?

foodstamps

hero member

Activity: 938

Merit: 502

Yes it is reversible, never sell bitcoin for paypal. The owner can just file a claim and get the payment reversed.

-Lux-

full member

Activity: 200

Merit: 100

i want to know before i make an exchange? can people do a refund thing or whatever

Topic: is paypal reversible? - page 2. (Read 1553 times)