Warning-PayPal

markf

Six-man fan
Saw this on another board,Might be worth taking a look at?


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Little background.....

I was a member/user of Paypal from the year it began to a couple weeks ago. Over that time period, I only had one issue...a seller sent me a broken item and Paypal did not refund my money. That issue was never resolved other than me repairing the item and dealing with it.

Let that go as a mistake on their part but using them for Ebay and everything else was too easy.

A few weeks ago, I logged in and noticed four $100 transactions to Skype in Hong Kong.....$400 out of my account

Needless to say, I was backtracking and trying to figure out how my info was stolen. Tracing everything I could think of backwards, I never did find any breach on my end.

Filed a complaint on line with Paypal and then called Paypal.

After finally figuring out how to get a person on the phone, I told them I wanted my account closed....their response...."If we close your account, there is no way for us to return your money." After going through several people, I finally got a supervisor to put a "hold" on outgoing transactions while allowing my money to be returned.

While waiting for my resolution, I did some research.....

Skype/Paypal/Ebay are in bed with each other and this siphoning scheme is an ongoing problem that people just let go because....hey we will get our money back.

Well, not me. We had the money to cover the scam at that time but if we had less than the amount, we would have been out of money for 2 weeks(the time it took them to get it straight). Checks would have bounced....etc....

Bank of America was very helpful and assured me Paypal would get no more of our money and that this was a constant problem with Paypal and Skype.

After we got the money back, I closed my account immediately!

Just thought I would let you know what is going on. I figure by siphoning and then refunding their customers money, they collect enough interest for it to be worthwhile.

For more info, type in Paypal +Skype into Google for more reading.

Here is one article I found...
http://www.theregister.co.uk/2008/06/13 ... h_reports/
 
I had a problem with them about a year ago, an amount charged to my account, but it got resolved and I got my money back and I cut off my credit card to the account. I can go back and enter one if I absolutely need to use it.

I also was on a site the other day that was using Pay Pal and every thing that went to your cart an additional $2 bucks were added for using Pay Pal, seemed like a ripoff.

Just my experience.
 
PayPal and I go back to the beginning. When they started they offered $5.00 for everyone you signed up. I was a powerseller on eBay at that time and signed up over 500 people.

eBay bought PayPal a few years ago and now only allows PayPal as a form of payment for most auctions......exceptions are cars, houses and adult catagories. All the rest can take nothing but PayPal.

OK, I am back to selling on eBay....tough times and having to move my coin collection. I had 45 buffalo nickels up last week and got a question from a possible buyer asking if I could take a money order. I told him no and explained why.

As a seller on eBay you pay to list your item, you then pay a commision if the item sells, then you get paid by PayPal and pay them a percent for using them. ALL eBAY!!! You pay three 3 times to sell one item. Why do I stay with eBay??? Who is as big?

I have had no problems with PayPal short of taking money back on an item going overseas that took 45 days and the buyer complained.......I got my $300 back when it was all resolved.

Andy
 
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