Re: Using bank transfer instead of paypal, cheque etc.

Ali Hopkins wrote:
> "Pete" <nosespam@xxxxxx> wrote in message
> news:ma00n1d8pp57cq0ql11pe68jjkit5mo4oa@xxxxxxxxxx
>
>> The big worry really is not receiving money but paying out this way
>> as someone could easilly decide they are not going to refund you
>> should
>> the item be faulty etc... Unlike paypal you have no way of forcing a
>> return without court action.
>>
>
> If it's smallish values you might as well use it, for all the good
> PayPal protection does. Over a hundred quid I'd always try and use a
> credit card funded PayPal transaction to pay my seller. At least you
> get the credit card protection then.
>
I think the above is a common misconception. How it works is that you pay
PayPal using your credit card and PayPal pays the seller after deducting
their cut. As far as your CC company is concerned the transaction was
between yourself and PayPal, and of course this transaction was successful.

To get your money back you'll have to go through the PayPal resolution
process (which you agree to when sending the payment). PayPal are rather
notorious for washing their hands of the matter if they are unable to
recover the funds from the seller.

If your CC company is willing to do a chargeback against PayPal, then you'll
probably find that PayPal will come after you (often employing debt
collectors) to recover their money :(

--
Peter <X-Files Fan>
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