You know one thing after reading so many posts on this forum that paypal will not accept any exchange of money with bitcoins so I decided to save my time and just refunded. I also send proof to paypal of my transactions. It up to them now whether they will lock his account or not.
Please do not accept any payments from this email id -
smithyman10801@gmail.comYeah. I guess $1.40 is not really worth the time.
But I have won bitcoin realted disputes before :p
Paypal accepts screenshots and links as proof now.
Thanks for your information. It is good that at least they are considering bitcoin related transactions with proofs.
Is their any standard format of message we need to ask from buyer to prove we sold him coins for his paypal money?
What I suggest is if possible better avoid transactions with any reversible payment processor for any bitcoin related transactions because those payment processor may not like you doing a bitcoin transactions.
But if you still want to do the transaction then you should ask person to send you a email from his paypal id that he/she is buying with his own interest and will not do any reversal after the transaction for any reason or some thing like this which suits for your transaction. This may not be 100% safe but atleast will cover as a proof to defend any future reversal claims.