the one thing thats bad about Paypal ? . . . . . . . . they're owned by eBay !
I've used Paypal for 7 years, both personal and business , and the only time they let you down is as a seller NOT buyer.
If a customer has ANY problem, real or made up, Paypal always sides with them
A common con is to order, pay, complain , get a refund !
BUT ,they're like Ryanair, follow their rules and you'll be OK. Always post items recorded delivery or via they're own postal service, as customers have a habit of saying their purchase never arrived !
Oh. and empty the account on a regular basis - they'll refund like a shot if you have funds, maybe not if you don't !
Last edited by atlantico; 01-06-2011 at 00:44.
Good advice indeed. My son-in-law sold an item on ebay and sent it by reg post to France. They claimed to have not received it so his account was deducted. A month later same item was being sold on ebay by person who 'never recieved it'. Son in law is still arguing with ebay a year later..........SELLER BEWARE!
but usually registered proof is a good reason for Paypal to take your side ! As long as you go through their long winded process of submitting the information
been using paypal for years now. I mainly use it for ebay but have never had a problem with it.
except the fees !!
if your a business with high turnover via Paypal, you can negotiate better terms with them. For a few months I sold stock at a value of £10k a month for several months and got their fees reduced to 1.5% !!!!
My business has it's own paypal account manager. Any problems at all and we can call and speak to someone who can solve the issue. Loads of nightmare stories on the net about them but to be fair to paypal all the problems we have ever had have been out of their control. I think you need to turnover a fair bit to have an account manager though so no use to personal users.
I have used some times to pay bills. No problem at all...
svein from Norway
my only grief is the ammount of time they keep your money before paying it into your account. Normally it takes 21 working days to clear. I put €200 in on 11 April and it dropped in my account on the 5th May
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