Question:
Does a chargeback only work with PayPal if the payment was funded with a credit card? Yes. Are you certain?
Yes. So if someone rips you off, Paypal won’t credit your account if you use Paypal funds?
Under certain specific conditions, they will allow a refund on some transactions, generally where fraud is involved, but it is their insurance, not Paypal, that covers this. It is not a chargeback, which can *only* happen if a credit card is used. In order to have a charge*back*, there first must be a charge. Otherwise it’s just a transfer of funds, like a check, MO or EFT. Obviously you lose the chance to also dispute it through your CC company, but why not through Paypal?
You can dispute it, but only through their insurance program. If you tell Paypal to send someone money from your account, that’s what they do, same as the bank if you write someone a check. It’s none of their business *why* you tell them to do it. If the deal goes sour, it’s not their problem, any more than writing a check makes the bank guarantee your satisfaction with a deal. What muddies the waters is Paypal’s buyer protection program, which is a bonus insurance type of thing, not a legal requirement. Think of it as a credit card extended warranty program. They’re not required to do this, but they do it to make people more comfortable using Paypal. — If we could just get everyone to close their eyes and visualize world peace for an hour, imagine how serene and quiet it would be until the looting started.
Response:
But PayPal does also recover funds for nondelivery or fraud for payments funded by PayPal funds or checking account funds- in case the scope of your question goes this far. Recently had a $90 nondelivery refunded… hoping I’m as lucky on my pending $500+ fraud claim.
This is not PayPal’s job, though. This is something they do in conjunction with their insurance program. IIRC, even if they can’t collect the funds, the insurance still pays off. — If we could just get everyone to close their eyes and visualize world peace for an hour, imagine how serene and quiet it would be until the looting started.
Response:
[...] So if someone rips you off, Paypal won’t credit your account if you use Paypal funds? Under certain specific conditions, they will
allow a refund on some transactions, generally where fraud is involved,
but it is their insurance, not Paypal, that covers this.
I’m wondering if insurance is the only mechanism. Bought a hard drive a couple of months ago… dealer did not deliver or even respond to emails. When PayPal found in my favor, it appeared that they simply did a transfer from his account to mine, just as though it was a payment. (No chargeback was possible because payment was funded from PayPal funds.) MH
Response:
et… – Hide quoted text — Show quoted text – But PayPal does also recover funds for nondelivery or fraud for payments funded by PayPal funds or checking account funds- in case the scope of your question goes this far. Recently had a $90 nondelivery refunded… hoping I’m as lucky on my pending $500+ fraud claim. This is not PayPal’s job, though. This is
something they do in conjunction with their insurance program. IIRC, even if
they can’t collect the funds, the insurance still pays off.
Unsure what you mean by "not PayPal’s job." Do you mean that they simply forward the claim to a behind-the-scenes ’strategic partner,’ to use the current business jargon? If so, then that is informative but bordering on a technicality. If PayPal guarantees Buyer Protection, it makes little difference if they self-insure or go elsewhere, whether they handle the paperwork in their offices or email them down the street. It’s still a PayPal program. Since insurance is a profit-making business, I suspect if PayPal uses an outside carrier instead of self-insuring it’s because they have grown so fast that management does not wish to dilute the operation and over-extend. Mega
Response:
I’m wondering if insurance is the only mechanism. Bought a hard drive a couple of months ago… dealer did not deliver or even respond to emails. When PayPal found in my favor, it appeared that they simply did a transfer from his account to mine, just as though it was a payment. (No chargeback was possible because payment was funded from PayPal funds.)
Even an insurance company tries to collect from someone. Since he had money in the account, that was the obvious place to go. — If we could just get everyone to close their eyes and visualize world peace for an hour, imagine how serene and quiet it would be until the looting started.
Response:
<snip Are you certain? So if someone rips you off, Paypal won’t credit your account if you use Paypal funds? Obviously you lose the chance to also dispute it through your CC company, but why not through Paypal? Your mixing apples and oranges.
I don’t see how anyone could have interpreted this differently. What else, in this context, could be meant by "chargeback."
Response:
Does a chargeback only work with PayPal if the payment was funded with a credit card? Yes. Are you certain? So if someone rips you off, Paypal won’t credit your account if you use Paypal funds? Obviously you lose the chance to also dispute it through your CC company, but why not through Paypal?
Thats why they call it, PRAY-PAL.. <G Just MY Opinion.. Bob
Response:
<snip Are you certain? So if someone rips you off, Paypal won’t credit your account if you use Paypal funds? Obviously you lose the chance to also dispute it through your CC company, but why not through Paypal? Your mixing apples and oranges. I don’t see how anyone could have interpreted this differently. What else, in this context, could be meant by "chargeback."
Context has nothing to do with it. Chargeback is a technical term with the credit card industry that has a specific meaning. Most people here are using it with it’s accepted meaning. It carries with it certain rights granted by statute to the credit card holder, granted by statute. You’re trying to take this term, and apply a more generalized meaning to it, i.e., the ability to get any charge with anyone reversed. Getting paypal to reverse a charge made with cash is no more a chargeback than it is to stop payment on a check because you discovered the merchandise was defective. That’s why we’re having a disagreement, because the rights in one situation are vastly different than the rights in the other. Richard Ward
Response:
Any of you ever wonder if you would all be better off if PayPal, Billpoint, etc. etc. have never existed???????
Response:
Any of you ever wonder if you would all be better off if PayPal, Billpoint, etc. etc. have never existed???????
To be perfectly honest, I’ve never had too much of a problem using either of them. I’ve always gotten my money promptly from both of them, and never had a chargeback. Richard Ward
Response:
Michael: Yes, as Richard points out, by definition. But PayPal does also recover funds for nondelivery or fraud for payments funded by PayPal funds or checking account funds- in case the scope of your question goes this far. Recently had a $90 nondelivery refunded… hoping I’m as lucky on my pending $500+ fraud claim. MegaHurts _____ .com… Does a chargeback only work with PayPal if the
payment was funded with a – Hide quoted text — Show quoted text – credit card? — Michael Collier Citizen Fisherman
Response:
<snip Look, this was precisely the assumption in the question (otherwise, it was utterly nonsensical, "Does a chargeback only work *with* PayPal"). My only interest was discussing the Paypal issue, which was the question that you, for some strange reason, won’t discuss.
I did discuss it, you absolutely and entirely missed the point. You can’t chargeback something paid for via paypal unless there’s a credit card involved, because you can only do a chargeback with a credit card. If there’s fraud involved and you bought the item on eBay, you can try to collect under paypal’s supplement to eBay’s insurance, but that right is very limited, and expressly states that it is. I provided a link to paypal’s site where they discuss this. Exactly what, relating to the issue of trying to create a chargeback on a paypal account, did I refuse to discuss? Richard Ward
Response:
<snip Look, this was precisely the assumption in the question (otherwise, it was utterly nonsensical, "Does a chargeback only work *with* PayPal"). My only interest was discussing the Paypal issue, which was the question that you, for some strange reason, won’t discuss. I did discuss it, you absolutely and entirely missed the point.
I got the point; you were being totally anal. I don’t mean this to be confrontational as you’re generally a very helpful and nice fellow. You can’t chargeback something paid for via paypal unless there’s a credit card involved, because you can only do a chargeback with a credit card.
Obviously, but that wasn’t really the question. If it was, then it made no sense (think about it). If there’s fraud involved and you bought the item on eBay, you can try to collect under paypal’s supplement to eBay’s insurance, but that right is very limited, and expressly states that it is. I provided a link to paypal’s site where they discuss this. Exactly what, relating to the issue of trying to create a chargeback on a paypal account, did I refuse to discuss?
If we’re going to be technical, it was a completely nonsensical question. So, if you want to be helpful, you would discuss Paypal’s charge reversal policy, which had to be the intent of the question for it to have any meaning. – Hide quoted text — Show quoted text -Richard Ward
Response:
I am not fond of any form of paperwork. Anything which will minimize my need for handling paper- even electronic paper- is very welcome indeed. It has been MANY months since I accepted checks for eBay sales. It feels like another lifetime, one I do not miss. The few percent they take is, for me, well worth the increase in the velocity of the cash. I can’t buy anything with cash floating in the mail system. How much does PayPal and BillPoint cost, including the risk of chargebacks? So far, much less than the alternatives. MegaHurts
. Any of you ever wonder if you would all be
better off if PayPal, Billpoint, – Hide quoted text — Show quoted text – etc. etc. have never existed???????
Response:
- Hide quoted text — Show quoted text – <snip Are you certain? So if someone rips you off, Paypal won’t credit your account if you use Paypal funds? Obviously you lose the chance to also dispute it through your CC company, but why not through Paypal? Your mixing apples and oranges. I don’t see how anyone could have interpreted this differently. What else, in this context, could be meant by "chargeback." Context has nothing to do with it. Chargeback is a technical term with the credit card industry that has a specific meaning. Most people here are using it with it’s accepted meaning. It carries with it certain rights granted by statute to the credit card holder, granted by statute. You’re trying to take this term, and apply a more generalized meaning to it, i.e., the ability to get any charge with anyone reversed.
Look, this was precisely the assumption in the question (otherwise, it was utterly nonsensical, "Does a chargeback only work *with* PayPal"). My only interest was discussing the Paypal issue, which was the question that you, for some strange reason, won’t discuss.
Response:
Does a chargeback only work with PayPal if the payment was funded with a credit card? Yes.
Are you certain? So if someone rips you off, Paypal won’t credit your account if you use Paypal funds? Obviously you lose the chance to also dispute it through your CC company, but why not through Paypal?
Response:
<snip Are you certain? So if someone rips you off, Paypal won’t credit your account if you use Paypal funds? Obviously you lose the chance to also dispute it through your CC company, but why not through Paypal?
Your mixing apples and oranges. Trying to recover through paypal isn’t a chargeback. A chargeback is a charge made by a credit card company to a vendor caused by a customer exercising their statutory right to dispute a credit card payment. Paypal grants you some rights to recover if you’re a victim of fraud, but only in limited circumstances. You can see the description of the process here: http://www.paypal.com/cgi-bin/webscr?cmd=p/gen/protections-buyer-outside In general, the only way you’re going to get any money back on a paypal transaction is if you’ve already gotten part of your money back from eBay, or if you pay by credit card so that paypal doesn’t have a choice. They’ve made it perfectly clear from the beginning that their obligation is to send money, that they aren’t in the business of guaranteeing what you’re buying, wit the exception of the limited coverage given in their supplemental eBay coverage. Richard Ward
Response:
Does a chargeback only work with PayPal if the payment was funded with a credit card? — Michael Collier Citizen Fisherman
Response:
Does a chargeback only work with PayPal if the payment was funded with a credit card?
Yes. — If we could just get everyone to close their eyes and visualize world peace for an hour, imagine how serene and quiet it would be until the looting started.
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