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Paypal or Escrow when Purchase exceeds $500?

Discussion in 'PayPal' started by NRLMedia, Jul 12, 2006.

  1. #1
    I have recently sold a website for $500 and I received a payment from an unverified buyer.

    I have heard chargebacks are a pain in the neck with paypal but is it too late to go through escrow?

    Does anyone have advice for me on what I should do?

    I have only been through one chargeback due to mishandled merchandise through ebay, which I won. However, what is the chances of winning through digital goods?

    Thanks in Advance.
     
    NRLMedia, Jul 12, 2006 IP
    _JmZ_ likes this.
  2. bstahl

    bstahl Peon

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    #2
    I would guess that unless you have PROOF that you delivered the goods, your screwed :S

    Sorry man. Can anyone help me transfer funds from my paypal to either moneybookers or epassporte? I am willing to pay $115 for $100 being transfered. Please let me know.
     
    bstahl, Jul 12, 2006 IP
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  3. kevin7654

    kevin7654 Peon

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    #3
    I would say refund the paypal payment and ask to go through an escrow.
     
    kevin7654, Jul 12, 2006 IP
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  4. Blonde Jon

    Blonde Jon Active Member Affiliate Manager

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    #4
    I receive a lot of payments over $500 by unverified buyers. I just go with the flow. My products are tangible goods though.
     
    Blonde Jon, Jul 12, 2006 IP
  5. DarkBrothers

    DarkBrothers Active Member

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    #5
    Very slim chance of winning a dispute for digital goods, they just care about trackable items ie shipping etc.. If trust is an issue in this case, definitely use escrow.
     
    DarkBrothers, Jul 12, 2006 IP
  6. Roman

    Roman Buffalo Tamerâ„¢

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    #6
    If he initiates a dispute escalate it to a claim A.S.A.P. , he has 10 days to respond and if he does respond it'll take 2 or so days for them to rule in your favor. I was scammed for $100.00 for a script/site and the guy just responded that is was digital goods and I lost.
     
    Roman, Jul 12, 2006 IP
  7. NRLMedia

    NRLMedia Peon

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    #7
    Refunded and reinitiating sale through escrow. Thanks.
     
    NRLMedia, Jul 12, 2006 IP
  8. Shoshana

    Shoshana Guest

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    #8
    I use escrow for transactions above $1,000.
     
    Shoshana, Jul 12, 2006 IP
  9. ares82

    ares82 Peon

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    #9
    I personally always use escrow for website sales. I know not everyone will agree with that, but they are so easy to use, their customer service is superb and they pay up quickly.

    The fee's arnt much more then paypal either.
     
    ares82, Jul 12, 2006 IP
  10. Foggy

    Foggy Link and Site Buyer

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    #10
    Please do bear in mind that there are escrow companies and there are escrow companies. escrow.com is probably the best known, and maybe the one you are referring to. But be careful or you can get burnt.
     
    Foggy, Jul 13, 2006 IP
  11. jeter4982

    jeter4982 Peon

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    #11
    If I have doubts about the buyer I would not do business with them whether it be through PayPal or Escrow. I typically accept PayPal up to $1,000, but then require Escrow for anything over $1K...

    Tom
     
    jeter4982, Jul 14, 2006 IP
  12. dcristo

    dcristo Illustrious Member

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    #12
    I use escrow for purchases more then $1K.
     
    dcristo, Jul 14, 2006 IP
  13. webbie

    webbie Guest

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    #13
    Escrow, E-gold, Moneybookers - all protect from chargebacks
     
    webbie, Jul 15, 2006 IP
  14. NRLMedia

    NRLMedia Peon

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    #14
    Buyer accepted the change to escrow.com. It all worked out and already received my check! ;)
     
    NRLMedia, Jul 15, 2006 IP
  15. wormy

    wormy Active Member

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    #15


    Which is why nobody uses e-gold because there is never any recourse against the seller. Its dangerous for the buyer unless you really know and trust the seller or its a long term ongoing business relationship.
     
    wormy, Jul 15, 2006 IP