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I found a way how to stop PayPal chargebacks!

Discussion in 'PayPal' started by Fadmin, Jan 15, 2009.

  1. #1
    I haven't tried this method, but I think it just might work.

    Okay, so once you've received payment, withdraw it to your bank account, then remove your bank account from your PayPal account, and close your PayPal account! That way, there's no chance the scammer can chargeback as you would already have the cash and no PayPal account!
    Fadmin, Jan 15, 2009 IP
  2. tonystuck

    tonystuck Peon

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    #2
    so always open new account? troublesome.
    find some paypal replacement. no chargeback and low fees.
    now i using ikobo.
    tonystuck, Jan 15, 2009 IP
  3. jestep

    jestep Notable Member Premium Member

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    #3
    Here's the exact reason why Paypal and other processors side with the buyer every time there is a dispute.
    jestep, Jan 15, 2009 IP
  4. nitinleew

    nitinleew Well-Known Member

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    #4
    Haha,I think you are just inviting trouble if you do that.:eek:
    nitinleew, Jan 15, 2009 IP
  5. finalflight

    finalflight Peon

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    #5
    sometimes they can still reverse out of your bank account even if you delete it
    finalflight, Jan 15, 2009 IP
  6. finalflight

    finalflight Peon

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    #6
    also you plan to do this after each incoming payment? It won't let you add that bank account in the future if it was associated with a closed account. so you're going to get one bank account for each and every incoming payment?

    lol
    finalflight, Jan 15, 2009 IP
    Karen May Jones likes this.
  7. magda

    magda Notable Member

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    #7
    Of all the stupid ideas I have ever seen, this really takes the prize for the most stupid ever.
    Talk about shooting yourself in the foot - close down your Paypal account after every transaction?
    And how many times can you start up a new one?
    Why not shut down your business, and never buy or sell anything on the internet - yeah! that'll stop chargebacks!!! :rolleyes:
    magda, Jan 15, 2009 IP
  8. dentsting

    dentsting Banned

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    #8
    What will happen if you make your account zero and someone chargeback? like if you transfer your money from paypal to your friends paypal? Why Remove bank account? Can they take money from Bank accounts?
    dentsting, Jan 15, 2009 IP
  9. Autofete.com

    Autofete.com Peon

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    #9
    Will people still buy from you if you use something other the paypay or 2checkout. I only ask because this is the first I have heard of ikobo, and I to would love to get rid of paypal but am scared that no one would recognize anything else.
    Autofete.com, Jan 15, 2009 IP
  10. parsibagan

    parsibagan Active Member

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    #10
    ikobo suggested by tonystuck seems a good option if the receiving party is willing to forfeit the transaction fees. i'd love to have feedback on the same and other alternatives to `paypal. i'm sure we can, if we try. thanks in advance.
    parsibagan, Jan 15, 2009 IP
  11. bilawal360

    bilawal360 Peon

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    #11
    PayPal is our friend, and we'll have to respect their service.

    Because, let's be honest, without all these features they have - Nobody would use them.
    Really, almost every buyer uses them. and I'm pretty sure I know why (as you should know, too!)
    bilawal360, Jan 15, 2009 IP
  12. qantar

    qantar Active Member

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    #12
    Will not do that because it is troublesome. If I'm receiving payment each month, this means there will be at least 12 PayPal accounts per year.
    qantar, Jan 15, 2009 IP
  13. ezay

    ezay Peon

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    #13
    or you could use prepaid cards....
    ezay, Jan 15, 2009 IP
  14. stangparts

    stangparts Member

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    #14
    So you do it that way and then Paypal raises the fees to cover the losses. Hmmm, maybe you should just not deal with shady people.
    stangparts, Jan 15, 2009 IP
  15. elscapo

    elscapo Active Member

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    #15
    if you close your paypal account and later a chargeback comes through or any dispute they still charge you for it and if you ever open an account again they will link it to that, and also they will send the owing amount to collections
    elscapo, Jan 15, 2009 IP
  16. getjimmy

    getjimmy Prominent Member

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    #16
    Try it once,paypal will reverse money which u have sent to others from same account just to recover once.
    getjimmy, Jan 16, 2009 IP
  17. Knewber

    Knewber Peon

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    #17
    It's not worth it, although if you plan on never visiting PayPal again, it may just work.
    Knewber, Jan 16, 2009 IP
  18. EzyTrader

    EzyTrader Peon

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    #18
    LMAO! ... mental note... dont buy anything from the websites in fadmans signiture
    EzyTrader, Jan 16, 2009 IP
  19. Ms. Eva

    Ms. Eva Peon

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    #19
    ROFL!! Agreed!
    Ms. Eva, Jan 16, 2009 IP
  20. freddie_fireman

    freddie_fireman Peon

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    #20
    This is like using a shotgun as an acne cure.
    freddie_fireman, Jan 16, 2009 IP