Why does paypal considered as scam attempt? - page 2.

bob123

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Quote from: papadrams on December 21, 2015, 04:24:56 PM

Hi guys,
I would like to share my thoughts about paypal..
From what i understand, there are 2 ways to send money through paypal.
First is as goods and services.
Second is as "transfer money to a friend or family"
Transering money as goods and services gives the sender the ability to take back the money with the excuse that the item or service is nos as described. Ideal for scammers..
Transfering money to a friend or family does not give you that option. So why nobody wants to trade like that? Why everytime someone even mentions paypal, he is accused as a scammer?

Family/Friend still can be reversed with claiming unauthorized use of account or something like that.

whizz94

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Solar Bitcoin Specialist

I said that I'd update you with paypal news.
This week a scammy seller got money off my paypal when I bought a nonexistant bitcoin which he advertised online.
(indicating a change of policy : instead of automatically accepting bitcoin buyer chargebacks, Paypal did the opposite and put the payment through).
A week later and several complaints and a rather helpful paypal employee had looked at it and decided that perhaps I hadn't received the bitcoin and that the seller looked suss. No indication yet of them working out how to look up a disputed bitcoin transmission on blockchain.info so please do remind them of the public record of the blockchain if anyone else has paypal errors to sort out.

whizz94

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Quote from: whizz94 on December 21, 2015, 05:48:24 PM

undocumented "official" policy

This week paypal have an opportunity to improve their procedures to handle properly and fairly sale of "digital or virtual goods and services". Watch this space for news of whether or not they have got their act together yet.

Zadicar

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Quote from: Amph on December 26, 2015, 02:35:37 AM

i dunno they also a protection for the sellers, at least their policy said that, now i'm not using almost anymore paypal, because of the fee which is worse than charge back for me

but someone should investigate more on the protection for the buyers and seller about paypal, which is stronger

If the open Barzza can have a similar system to protect the buyer and seller, I will use bitcoin in that market. I shall not use Ebay and paypal.

Spoetnik

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Quote from: mexxer-2 on December 21, 2015, 06:09:53 PM

Chargeback from credit cards, scammers always find new ways to scam .

Yup this is legendary for eBay we all know.. classic scam.

Also i posted my email today i got late 2013 from Paypal..
They forbid all use of digital currency activity with their TOS.
When i google'd the email i got.. i found a guy here in 2012 who got the same email at this forum !

HOW ..

Are you guys still unaware that you are not allowed to do this (charge-back issue or not)

I think you all are simply ignoring the TOS ..no matter how many times you are TOLD.

EDIT:
By the way,
i had eBay internal network access when my Mom left her 2 inch thick manual on my table way back when she worked there.
When they hired her in BC, Canada she was the largest eBay seller in the west side of Canada and listed as a rep.
eBay / Paypal policy ?
I HAD the fucking manual in my god damn hands ROFL

HarHarHar9965

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Quote from: Bought on December 26, 2015, 01:02:32 AM

Not considered as a scam attempt. Just people are worried who they accept Paypal from, it is a known reversible payment method, therefore unsecure for sellers. I would suggest only accepting or using people from trusted or if trusted. Even if amount are infinite.

To avoiding PayPal scams is not hard. To start with many of these scam emails are already filtered to your spam folder. If for some reason one escapes through the email.All you have to do is login to your Paypal account. The address bar doesn’t say paypal.com so be sure not to enter your login info means confirm the webpage is a scam and they said they currently have no such promotion. So be careful about this to avoid to getting scam.

Amph

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i dunno they also a protection for the sellers, at least their policy said that, now i'm not using almost anymore paypal, because of the fee which is worse than charge back for me

but someone should investigate more on the protection for the buyers and seller about paypal, which is stronger

Bought

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Not considered as a scam attempt. Just people are worried who they accept Paypal from, it is a known reversible payment method, therefore unsecure for sellers. I would suggest only accepting or using people from trusted or if trusted. Even if amount are infinite.

Zadicar

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Quote from: mtnsaa on December 21, 2015, 06:13:19 PM

From my knowledge it is because Paypal is a refundable method of payment and Bitcoin is not. So if they send money first you would think it's finished and send BTC but they can reverse that payment and leave you with nothing. I don't know how easy it is though, but Paypal always side with the sender in this case.

But from the above posts, they cannot charge back from the Paypal directly, they can only charge back through their bank?

equator

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Quote from: papadrams on December 21, 2015, 04:24:56 PM

Hi guys,
I would like to share my thoughts about paypal..
From what i understand, there are 2 ways to send money through paypal.
First is as goods and services.
Second is as "transfer money to a friend or family"
Transering money as goods and services gives the sender the ability to take back the money with the excuse that the item or service is nos as described. Ideal for scammers..
Transfering money to a friend or family does not give you that option. So why nobody wants to trade like that? Why everytime someone even mentions paypal, he is accused as a scammer?

I think now you got your reply regarding paypal considering it as scam. because their are lot of ways through which you can cheat anyone through paypal and apart from their their service charges and transaction charges are too high to use it.

Bitcoin transaction charges are low and very easy. and you dont have to give any identification. and it is not reversible. even if you send wrongly you can do nothing.

Oscoda

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Quote from: HarryKPeters on December 24, 2015, 07:15:16 AM

Because people trade in paypal account the ID you need to make a verified paypal account can be fake. This gives scammers a lot of play ground to buy accounts do some little transactions and then try to scam someone saying they have a verified account (whom are mostly hacked)

This.

Paypal is ok in regards of their service and checks.
But if an account is hacked you will lose your money.
The bad thing is when sending money you can't see if the account is hacked because paypal needs to verify it..

LuckyYOU

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Quote from: HarryKPeters on December 24, 2015, 07:15:16 AM

Because people trade in paypal account the ID you need to make a verified paypal account can be fake. This gives scammers a lot of play ground to buy accounts do some little transactions and then try to scam someone saying they have a verified account (whom are mostly hacked)

Most people selling those accounts are hackers and they should be punished real hard. It's very low to sell stolen goods and information.

But yes this is the reason most people here wanting to use paypal (mainly newbie's and jr. members) are called scammers.

I am sure there are some real honest people too, but for me paypal is a no go when dealing on a forum.

HarryKPeters

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Because people trade in paypal account the ID you need to make a verified paypal account can be fake. This gives scammers a lot of play ground to buy accounts do some little transactions and then try to scam someone saying they have a verified account (whom are mostly hacked)

KWH

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In Collateral I Trust.

Quote from: mobnepal on December 23, 2015, 12:25:06 PM

I was got scammed today but i was sending paypal. Seller doesn't send bitcoin so i have opened dispute as i have not received digital item i was supposed to recieve. Hope i will get my money back. Have never tried their dispute feature before.

Paypal seem to be reversible see what will happen.

As per Paypal's TOS, digital items are NOT covered. Unless a credit card or hacking claims are filed.
This is very old news, don't people read TOS anymore?

mobnepal

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I was got scammed today but i was sending paypal. Seller doesn't send bitcoin so i have opened dispute as i have not received digital item i was supposed to recieve. Hope i will get my money back. Have never tried their dispute feature before.

Paypal seem to be reversible see what will happen.

papadrams

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Didn't want to offend you but you just said that there is a way to dispute. Later we found out how Wink

Teka

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Quote from: papadrams on December 21, 2015, 06:21:33 PM

Fair enough, finally an answer. Grin

I give you the answer in the first reply but whatever.

papadrams

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Fair enough, finally an answer. Grin

mtnsaa

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From my knowledge it is because Paypal is a refundable method of payment and Bitcoin is not. So if they send money first you would think it's finished and send BTC but they can reverse that payment and leave you with nothing. I don't know how easy it is though, but Paypal always side with the sender in this case.

mexxer-2

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Chargeback from credit cards, scammers always find new ways to scam .

Topic: Why does paypal considered as scam attempt? - page 2. (Read 3772 times)