goods payment also reversing?

Discussion in 'Payment Processing' started by katrina47, Feb 6, 2010.

  1. #1
    i just want to know if any goods payments are also getting reversed.
    please share you experience!
     
    katrina47, Feb 6, 2010 IP
  2. sbe

    sbe Member

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    #2
    no goods payment are not being reversed.
    I supply goods and accept Paypal. None of my payments have been reversed....
     
    sbe, Feb 6, 2010 IP
  3. katrina47

    katrina47 Active Member

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    #3
    but do you think it will not get reversed in future too.
     
    katrina47, Feb 6, 2010 IP
  4. theonly1

    theonly1 Active Member

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    #4
    Some people reported Goods payment also reversed.I have not seen that Yet
    I asked to people yesterday to pay with Goods option to test it.
     
    theonly1, Feb 6, 2010 IP
  5. katrina47

    katrina47 Active Member

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    #5
    even i have not seen this yet,but maybe we will see it in few days.!!
     
    katrina47, Feb 6, 2010 IP
  6. sidana

    sidana Well-Known Member

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    #6
    Today i got payments from goods option and 'll let you know after 24 to 44 hours later about it if its stick in my account... :)
     
    sidana, Feb 6, 2010 IP
  7. blubloc.annm

    blubloc.annm Notable Member

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    #7
    One of my buyer sent me XX$ as the purchase of goods and it has also been reversed today!!

    I do know What the hell Paypal is doing!!
     
    blubloc.annm, Feb 6, 2010 IP
  8. sidana

    sidana Well-Known Member

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    #8
    Hey katrina i just remember i got one of transaction yesterday from my one of client and he send the amount of $40 to me to use goods option and that amount not reversed yet, my client send $40 to me on 5-feb-2010 and the exact time 17:17:04 GMT+05:30 and its not reversed yet if its reversed 'll let you know ... :(
     
    sidana, Feb 6, 2010 IP
  9. katrina47

    katrina47 Active Member

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    #9
    i purchased mobile from some indian online store.
    payments is not reversed yet,i will get delivery of mobile today..
    lets see what happens
     
    katrina47, Feb 6, 2010 IP
  10. simplyjo

    simplyjo Well-Known Member

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    #10
    Well I read in other threads that they are getting reversed but not with me.. so far.. touch wood. Lets wait and watch - I think they are busy analyzing transactions of 4th feb today, so once they reach 5th feb tomorrow, I will come to know.
     
    simplyjo, Feb 6, 2010 IP
  11. Ruriko

    Ruriko Well-Known Member

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    #11
    I think better wait 2-3 days to see if it's 100% safe
     
    Ruriko, Feb 6, 2010 IP
  12. neovision

    neovision Peon

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    #12
    Yesterday I got a payment of 7.5$ under goods lets see, I will update if reversed
     
    neovision, Feb 6, 2010 IP
  13. sbe

    sbe Member

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    #13
    Goods Payments are not being reversed.
    I am monitoring this problem on this forum for past 4 days and also keeping an eye on my account. I receive 100% goods payment only through my website, auctions and other channels.
    Customer Provide shipping address on all transactions and I even provide tracking number after shipping the goods.

    None of my transactions are reversed uptil now.....

    I think goods payment which Paypal finds suspicious or people who do more service transactions and less goods one for them the money is being reversed....

    But the Withdrawal problem is there for all Indian Users......
     
    sbe, Feb 6, 2010 IP
  14. AaRGeE

    AaRGeE Notable Member

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    #14
    I received 2 Goods payments 24 hours ago and not reversed yet :)

    Those 2 goods payment were from those clients who sent me Service/other payment and got reversed!
     
    AaRGeE, Feb 6, 2010 IP
  15. sidana

    sidana Well-Known Member

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    #15
    Yeah my received payment is also not reversed yet i received its near about 26 hours ago....i hope it 'll not reversed..
     
    sidana, Feb 6, 2010 IP
  16. katrina47

    katrina47 Active Member

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    #16
    i send someone as goods but not yet reversed back to me.:D
     
    katrina47, Feb 6, 2010 IP
  17. sidana

    sidana Well-Known Member

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    #17
    Sounds good... :) cheers !
     
    sidana, Feb 6, 2010 IP
  18. vihutuo

    vihutuo Well-Known Member

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    #18
    Yes, there are some guys saying "Goods" payment is also getting reversed.
    . In the reversal email from paypal it's clearly mentioned that only presonal payments will be reversed, however right now almost all kinds of payments are getting reversed and paypal employees are unable to explain the situation.

    Now I am seriously thinking that paypal has been hacked. Most probably an inside job by one of their own developers. Must have added some extra code to reverse other payments instead of only personals. He is either transferring all the cancellation fees to his bank accounts and maybe even entire reversal amounts as some buyers were not refunded even after the reversals :eek:
     
    vihutuo, Feb 6, 2010 IP
  19. katrina47

    katrina47 Active Member

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    #19
    lets wait for 2 more days ,after that we can tell if goods payments are also getting reversed or not
     
    katrina47, Feb 6, 2010 IP
  20. Joeseph

    Joeseph Active Member

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    #20
    More than likely yes they will be returned . the problem is that there is no taxes paid to the bank of india as paypal has a loop hole to avoid this there are negotiations in effect at this moment to sole the probs with paypal however they will return very strict we n they are back . paypal as of now is saying they will not return any purchased goods as long as they are paid for corectly . the bigest prob paypal has is that in india more people are requesting payments a a gift to avoid the charges. paypal has caught on and is suspending the gift/donate feature. and will be bak up whaen they reach an agreement with the gov in india . this is a bigger attemp at stopping monel laundering mainly if you google paypal you will find your answers. i hope this helped you
     
    Joeseph, Feb 6, 2010 IP