Paypal

[btc-escrow.co]

Not entirely sure if this is the correct place to post. please feel free to move it admins to the appropriate section.(Even though you will anyway lol)


Whats the risk by accepting Paypal transactions and credit card transactions, is it just charge-backs?

I was against the idea about implementing Paypal, but after many emails suggesting that i should, i need to find out more about the drawbacks of using paypal before i make the decision to implement paypal.

I've searched the internet but would also like some feedback from the people that use paypal for bitcoin trading etc etc

i'd especially be interested if you've had a charge-back happen to you before as i'd like to know what the process is etc and how, if you won the case, you managed too?

[joesmoe2012]

Charge backs and the fact that its against paypals policies to sell bitcoins.

[bitcl1234oinfever]

you have to sell something physical. Something physical has to be delivered with proof of delivery. Some people on ebay for example, are selling a picture (stick people) and mailing that out with delivery confirmation and also sending the bitcoin as an ADDED BONUS, thats what their auction title says.

I have seen them auctions.......

Others sell actual physical bitcoins like casascius coins.

Gl