PayPal Disputes

[AnonBitCoiner]

Does anyone know what could happen if a PayPal disputes sides with the buyer instead of the seller, and the account balance goes into the negatives? Some mofo is trying to disputes two transactions, and now my balance is ~-$800.

[vm1990]

if you loose then you owe paypal $800 and if you dont pay they send collectors around... why do you think so many people on here refuse to use paypal?
most of the time paypal side with the buyer full stop. buyers always right and sellers always wrong. all depends what you sold and how you sold it, if you sold bitcoins without sending a physical item then your pretty much screwed its taken me 2 years to win a case over $30 and 1000s of emails

[awesome31312]

Does anyone know what could happen if a PayPal disputes sides with the buyer instead of the seller, and the account balance goes into the negatives? Some mofo is trying to disputes two transactions, and now my balance is ~-$800.

How can your balance be negative? That's very unprofessional on Paypal's part

[vm1990]

Does anyone know what could happen if a PayPal disputes sides with the buyer instead of the seller, and the account balance goes into the negatives? Some mofo is trying to disputes two transactions, and now my balance is ~-$800.

How can your balance be negative? That's very unprofessional on Paypal's part

because by law they cant take money out of a private account without your permission. guys probably done the right thing and not set up a direct debit so paypal have to ask permission to take funds from either card or bank account. also another reason not to set up direct debits

[hilariousandco]

As already stated, you'll just go in the red for that amount and they'll send their debt collectors after you (or at least threaten to). Did you make the sale through eBay or was outside of it?

[williamj2543]

I've been chargeback scammed twice so far, one on ebay (a while ago) and one selling bitcoin for paypal. Paypal is the worse thing for sellers.

[awesome31312]

Paypal is the worse thing for sellers.

I can't agree more

[Rammus]

i only use paypal when i sell small values of anything less then $100.

Too much bs with paypal, and freezing funds. I would try to contact the person who is disputing, then contact paypal and try to win your case.

Some cases can close if you have a winning substantial proof.

[247casino]

If you can't produce a USPS proof of delivery like a tracking number you can't usually win at paypal

Their whole system demands proof of delivery

Then if you win with Paypal, they can still win with their own credit card company or bank

But then paypal usually eats it after they say you won

So paypal has a cost of risk in any transaction and it's why they want physical goods with proof of delivery or tracking numbers

If all you are virtual deliveries they will eventually close you down and freeze dough, it's why btc has such huge potential

The more paypal and merchant accounts get closed and frozen the more merchants look at btc

[Remember remember the 5th of November]

Because the dollars displayed on PayPal's website are actually IOUs, they can display any number they want i.e this is how fractional reserve banking works.

[LiteCoinGuy]

if you loose then you owe paypal $800 and if you dont pay they send collectors around... why do you think so many people on here refuse to use paypal?
most of the time paypal side with the buyer full stop. buyers always right and sellers always wrong. all depends what you sold and how you sold it, if you sold bitcoins without sending a physical item then your pretty much screwed its taken me 2 years to win a case over $30 and 1000s of emails

if you are the seller, you lose.

[YawLife]

It's really quite sad that they always side with the buyers. It makes it so you're basically guaranteed to get ripped off as a seller.

That's one of the positives of cryptocurrency's, as a seller you can hold full confidence in your buyer because it's a one-way transaction.

I still think in the future we'll see the emergence of processors that have escrow-type services with cryptocurrency, but that would have a downside where, like paypal, the buyer is always considered right.

Best to steer clear of paypal.

[ALToids]

I have had Paypal send me to collections.  I took them to court and collected the lost judgement and had them pay $2000 towards reputation/defamation.  Good times.

[GangkisKhan]

Paypal sided with buyer because the law is sided with buyer. They are just doing what the law demand of them.

[vm1990]

if you loose then you owe paypal $800 and if you dont pay they send collectors around... why do you think so many people on here refuse to use paypal?
most of the time paypal side with the buyer full stop. buyers always right and sellers always wrong. all depends what you sold and how you sold it, if you sold bitcoins without sending a physical item then your pretty much screwed its taken me 2 years to win a case over $30 and 1000s of emails

if you are the seller, you lose.

Tiss what I said

[iram66680]

Simple solution is stay away from paypal. Paypal is very unpredictable. They can freeze your account anytime.

[Daniel91]

I had good experience with Paypal.
I was scammed from one Internet company and because I paid through Paypal I started dispute and claim.
After 30 days I received refund from Paypal, so I'm grateful to them.
Of course, this is my experience as buyer, I don't have experience as seller.

[AnonBitCoiner]

So they would actually send collectors?

[oblixster]

Does anyone know what could happen if a PayPal disputes sides with the buyer instead of the seller, and the account balance goes into the negatives? Some mofo is trying to disputes two transactions, and now my balance is ~-$800.

I hate to tell you this, Paypal seem to always side with the buyer (the side who spent the $). Regardless how much proof you have! I had transaction pics, even messages on eBay where the buyer confirmed she had received the item and also left me positive feedback. She pretended that the accounts had been hacked, very unlikely... so someone hacked her paypal, ebay and email address lol, sure! After this scammer abused paypal's preference to always side with the buyer she also removed her account on eBay after I contacted her every day to tell her what a piece of shit she was   She had scammed a lot of other people who I had been in contact with and some of them got their money back by threatening to drag her to small claims court (think it was called something like that). But since she was in the US (Detroit) and I'm not even in America, I really couldn't do anything.

If I was you I'd look into if can take that person to court than threaten them to do so unless they pay for what they bought.

[urban0000]

Paypal likes to screw the seller and reward the buyer, Hopefully you get your money back man but I wouldn't bet on it.
It's scary to sell things online these days with all the chargebacks.
Good luck dude.