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Topic: Paypal is NOT Reversible!!!! - page 2. (Read 1587 times)

sr. member
Activity: 280
Merit: 250
January 21, 2016, 12:27:54 PM
#5
OP what you told in context is very right but what your point is wrong.
Paypal is reversible : Right
Case In your Favor : Yes, if dealing with Tangible Goods.

what overhead is here , is un-necessary tension of phone calls to Paypal , and rude life.
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
January 21, 2016, 12:25:31 PM
#4
You can reverse payments by :
1) Charging your accounts through credit cards, and then reversing that transaction
2) Claiming your account was hacked
3) Using an actually hacked account, is relatable to point 2

So yes, there are plenty of ways to reverse a transaction, even if you send as "Gift".
hero member
Activity: 868
Merit: 503
January 21, 2016, 12:22:09 PM
#3
Yes you can cancel the dispute but ten saying that paypal is not reversible is not true. You yourself ha state tha indeed it has a hargeback. What you are trying to say here is that you can prevent the chargeback from happening.

Point taken, I will rephrase.  Yes, someone can reverse the charges, but, with the right actions, you can always get your funds back.  And I will add that this only takes as long as it takes you to get to the phone.
legendary
Activity: 1302
Merit: 1024
January 21, 2016, 12:18:18 PM
#2
Yes you can cancel the dispute but then saying that paypal is not reversible is not true. You yourself has stated that indeed it has a chargeback. What you are trying to say here is that you can prevent the chargeback from happening.
hero member
Activity: 868
Merit: 503
January 21, 2016, 12:10:35 PM
#1
I keep seeing people say that Paypal is reversible.  If it is done right, it is not reversible.  We have used Paypal for some of our business for a long time and many people have tried to reverse charges on us.  First, make the transaction clearly for a service, not for an item.  Paypal states clearly in their terms that refunds cannot be done on intangible objects.  For example, we used to do website promotion.  Every once in a while a customer would try to snatch their funds back and this is how it would go.  The dispute would start and it does take the funds back, that is because that part is automated and it then throws the case into a queue for review by Paypal.  If you leave that alone, you may lose your funds.  As soon as the case is opened, call Paypal and tell them that your client has attempted a refund on an intangible product.  They may ask a few questions for details, but the end result of that call will be the same, they put the funds right back into your account.  What happens to the other guy is none of your concern,  most of the time they take their funds back, but whatever, you still got paid for the service you provided.

Key to Non-reversible Paypal transactions is to do the transaction for a service and follow up if their is a case started.  One two minute phone call and it is done.  And, BTW, if you feel like Paypal is going to only do this for you a few times, you are wrong, it is their policy and they do it every time.  
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