I was providing services for members of a networking company. The network company went offline unexpectedly and closed down. Now, I am getting charge backs as well as disputes for services already provided. And I don't know what to do as I was providing intangible services only ( leads for the company). I have already refunded for services not yet provided but I don't want to refund for services that was provided. Hence a negative balance of 1800 is incurred. Will PayPal take out money from my CC for which details are on file on my account. Should I just resolve the negative balance and forget it? Is it true that only 45 days is available for filing disputes after transactions? Thanks
Hi Bro, Thanks for the reply. I am from India. Can PP take out money from CC/Bank without any authorization? I just don't like the situation and I won't be using PP anymore as my PP is limited now . PP is not good for service providers like me. Anything can happen.
Bank slaps PayPal if they take money from your PP Forget about your PP account and use Western Union ( but limited to only 30 transactions per year)
-1800? I have had money withdrawn from my bank account from paypal after a chargeback was filed. (i was NOT happy) for me it happened a while back, so I am hoping that techlead is correct. But my thoughts are it might be an idea to close that card.... (just in case) what was the company that closed? IMO if your providing services to someone for a site (like facebook) if facebook goes bankcrupt thats not your fault, and you shouldnt be held liable.
Where are you from? I keep hearing that Indians are safe here as we have strict rules with PP. Only thing is that I want my conscience to be clear on this issue. Exactly, It is not our fault if the networking company goes offline. We were only providing services and was in huge demand too.
im in australia, and its probly almost 2 years since it happened, so alot might have changed. I really think that your clients are bastards if they are doing chargebacks for services rendered! Imagine, i get the car serviced for $200, if i then drive the car for a week and i crash into a tree, i should still pay the mechanic. In any real life situation, clients always have to pay for services rendered, so i dont understand why they think its acceptable to do this for website related services. I would go as far as to use my above example at the paypal dispute resolution to try to explain to clients that your services were delivered, furthermore, i would even ask your clients if they think its fair if they had to work for (say 1month) get paid, then have the pay stolen from their hands due to "a random event in a different country that is completely beyond their control"
There is no need to worry . if ur cc is still attached and active then just call your bank and replace the card with a new one by filling lost card compliant . it will cost you 100-120 INR max . bank added or not is not a factor. Nobody can touch your bank account . Relax and enjoy rest of you life .
Ya, I always know there are some few **** who will always charge backs/ open disputes for services rendered when the networking company closed down.
PayPal is not Indian company its a USA company and supreme court already said that no collection agency can enter party's house for money collection even if u have more than 10 lacks loan in any bank .they ( bank ) must be proceed with filing a case . so go any multiplex and enjoy movie with your money lol
First they won't take any money from your CC. Second thing, You have to escalate the issues and give them proofs and post comment. If they won' get any reply then you'll get permanent negative balance{ I mean it will be solved when you'll add funds} tell me if you need my assistant. The Best, Warnor.
There wont be an issue though and Paypal can in no way take money from ur bank account but u still got to resolve the issue with Paypal you can just let them know about all the stuff and they might be able to help u. also if u dont resolve the issue u might not be able to create another paypal account.
Updated. Negative balance is $2765 now and i am thinking of resolving THE -BAL since i don't want any issues with paypal. I know I was in the right but I don't want to fight in all the disputes. However paypal has limited my account and is asking for more information like business documents and fax. I don't think i will use paypal in future though. They don't favor the sellers.
I think its a big amount so paypal definitely going to send you legal notice at address specified by you in the paypal account. And you will keep getting emails too.
If your paypal is not limited you can just pull out your credit card information from the account. Any which ways you are good if you are from india as paypal cannot do anything.
can u please sleep ? lol no need to worry paypal stole thousand of usd every day 2765$ is nothing for them go buddy go and sleep
dont worry mate paypal cannot do anything as you are in india just block your credit card right away which you had added in your paypal account . and stay tension free