There seems to be no end in sight for my problems with PayPal. Here’s a quick summary of what happened so far:
- First, I got told that some transactions were revoked – in case you don’t care to read the original post, here’s a very brief summary: You can make sure that a seller receives a notification from PayPal, telling him that he’s received a payment. However, no money will EVER leave your bank account, so in other words: PayPal makes it extremely easy to pull off a huge scam.
- Then, PayPal told me that 2 of the 3 transactions in question were actually fine (Blog Entry), so I at least got some of the money, that should have belonged to me in the first place, back.
- Or so I thought… just now, PayPal changed their mind once more and revoked ALL transactions from the 2 affected eBay buyers. Yes, that includes the 2 that were fine just one week ago (naturally, I have to prove again that I actually sent out the articles. Although I already did so just one week ago).
To put things in a better perspective: I received some of those payments 7 weeks ago! That means if you receive money via PayPal, you have to fear for 7 – 10 weeks that the buyer might pull the described stunt and you will ultimately not receive a cent.
Further, PayPal’s “seller protection” works this way: If this happens, the seller needs to pay PayPal the money that they “lost” (in fact, they didn’t lose ANY money – all they did was telling me that I received money, however, they just pulled that back, so it’s basically like I sent out the articles I sold on eBay for free). Additionally, PayPal freezes the account and asks the seller to send them all kinds of bullshit, e.g. a copy of my ID, as well as forces them to change it to a “business account”, so some more rules might apply and they will have an even easier time trying to rip me of my money.
I honestly don’t know what to do, but I consider looking for legal support. I don’t want to “bail out” PayPal for their inability to collect the money that they promised me. All I can do for you at the moment is recommending a Google search for “PayPal Scam” and read over some of those websites. I know it’s hard to believe, but as my example proves, almost all of it is the sad truth…