1. Advertising
    y u no do it?

    Advertising (learn more)

    Advertise virtually anything here, with CPM banner ads, CPM email ads and CPC contextual links. You can target relevant areas of the site and show ads based on geographical location of the user if you wish.

    Starts at just $1 per CPM or $0.10 per CPC.

I refuse to pay negative balance what happens?

Discussion in 'PayPal' started by Jose Garcia, Feb 8, 2014.

  1. Mkcoy

    Mkcoy Well-Known Member

    Messages:
    1,586
    Likes Received:
    76
    Best Answers:
    2
    Trophy Points:
    145
    #21
    PayPal are useless at defending sellers. I sold some sites to someone who clawed the money back. They didn't do anything! I'm starting to use Payfriendz. Much better.
    SEMrush
     
    Mkcoy, Apr 1, 2015 IP
    SEMrush
  2. dscurlock

    dscurlock Prominent Member

    Messages:
    4,563
    Likes Received:
    259
    Best Answers:
    0
    Trophy Points:
    300
    #22
    Because paypal has little say when dealing with credit cards....
    If the client convinces their card to do a charge back, then
    paypal can either fight it or just let it go, and it makes sense
    not to fight, in the end, cc will just reverse the charge anyway....
    in order to fight, they need hard evidence to win, and it would
    take a room full of staff members to fight every single claim.

    Sure, it is easy to blame paypal, but they are the middle people,
    if you want to pass blame, then blame those that are immoral.....

    paypal should implement phone/pin/verification before being
    allowed to login. I cant even log into my bank until I send
    off for the pin on my phone, then once I enter the pin, then
    I can continue my login process; fraud would be cut down....
     
    Last edited: Apr 1, 2015
    dscurlock, Apr 1, 2015 IP
    Mkcoy likes this.
  3. Mkcoy

    Mkcoy Well-Known Member

    Messages:
    1,586
    Likes Received:
    76
    Best Answers:
    2
    Trophy Points:
    145
    #23
    Yeah I agree with that. I did send them loads info though their contact details, emails, chat transcripts. It didnt mean anything to them though. They go along with what cc comps do and say because they know and think like small fish in a big pond and are scared of the big fat companies because theyve had trouble in the past lawsuits and endless admin getting dirty chasing what is probably dirty money anyway.

    But it's not fair to not defend a seller of something that isn't a "tangible" product. And is a "virtual product" as its referred to. When it comes to a mans websites, well that's a mans blood, sweat and tears right there! That's a part of the creator of that site. That's his livelihood! And virtual property is still property is it not??? Isn't it known also as "intellectual property" or "virtual real estate"?

    Now when it comes to someone paying you, getting the "virtual goods" (domain/site files) and then clawing the payment back that is not a crime? It's blatant theft!

    People can use cc to pay with paypal and then claim the payment was "unauthorized" with their card details being used by someone else somehow for something.

    No actual physical items are involved so the cc claw it back and paypal just let them have it.

    But who's to say the card owner was present when this transaction took place?

    Why don't credit card companies ask them how someone was able to use their card details to make a purchase with it?

    Where is this loophole that says, people can commit crime through paypal and a credit card and get away with it??

    How many people are paypal going to piss off before they man up and step into the 21st century?

    We have to stop this madness of people taking the piss ripping peoples virtual property off and pp and the cc's not doing anything about it.

    I've actually thought about ringing 999 and reporting a theft.
     
    Mkcoy, Apr 1, 2015 IP
  4. Matthew Sayle

    Matthew Sayle Prominent Member

    Messages:
    3,272
    Likes Received:
    449
    Best Answers:
    1
    Trophy Points:
    360
    Digital Goods:
    1
    #24
    Yes, however if I buy an I phone from you, I can't clone it and then send it back to you for a refund.

    However, with a website I can...
     
    Matthew Sayle, Apr 1, 2015 IP
  5. Blesta.Store

    Blesta.Store Active Member

    Messages:
    97
    Likes Received:
    6
    Best Answers:
    0
    Trophy Points:
    80
    #25
    They claim that, and if you do have proof that it is they normally side with you but it depends how the seller goes around it and how long it takes the seller to reply to the dispute.
     
    Blesta.Store, Apr 22, 2015 IP
  6. Mkcoy

    Mkcoy Well-Known Member

    Messages:
    1,586
    Likes Received:
    76
    Best Answers:
    2
    Trophy Points:
    145
    #26
    How? Since the domain name will be different to the one that's sold?
     
    Mkcoy, Apr 22, 2015 IP
  7. Blesta.Store

    Blesta.Store Active Member

    Messages:
    97
    Likes Received:
    6
    Best Answers:
    0
    Trophy Points:
    80
    #27
    The website design can be the same just a different domain and logo.
     
    Blesta.Store, Apr 22, 2015 IP
  8. Mkcoy

    Mkcoy Well-Known Member

    Messages:
    1,586
    Likes Received:
    76
    Best Answers:
    2
    Trophy Points:
    145
    #28
    But it wouldn't be the domain name that was originally sold. So it wouldn't apply.

    When PayPal start seeing domain names as real tangible products the world will be a much better place.
     
    Mkcoy, Apr 22, 2015 IP
  9. wisdomtool

    wisdomtool Moderator Staff

    Messages:
    15,808
    Likes Received:
    1,362
    Best Answers:
    1
    Trophy Points:
    455
    #29
    If you can't be bothered about Paypal, why are you posting here?

     
    wisdomtool, Apr 14, 2016 IP
  10. dscurlock

    dscurlock Prominent Member

    Messages:
    4,563
    Likes Received:
    259
    Best Answers:
    0
    Trophy Points:
    300
    #30
    You can solve alot of this crazyness by getting rid of the option to use credit cards without a pin...

    #1 Require a pin on all transactions, regardless.

    #2 Require a secondary pin setup for online purchases.
    (which means an online transaction will not go through
    unless their is a pin match) and I am not talking about
    the 3 digit security code you find on back of all credit cards.

    #3 Require ID checks regardless of transaction (retailer)
    (you would be surprised that not every retailer does this....)

    The IRS needs to tighten their security also, as alot of taxpayers lose their refunds
    each year because someone simply files their taxes before them. If the Govt/IRS would
    confirm the taxpayer, then allow them to setup passwords/pins, then alot of this fraud
    could be stopped on the spot, however, the govt/IRS is not really that smart. The govt also
    needs to get rid of debit/visa programs because this is where alot of this fraud happens...the
    bad guy does some paperwork, then the govt issues debit cards, then they are gone. Not
    being able to get a bank account is not an excuse the govt should adhere too. It is just too
    easy to commit fraud, and have the money deposited to an invisible debit card, then
    then the bad guy is gone, right along with your hard earned money....

    There are a number of security procedures that could still be put into place, then at
    this point, it becomes here-say ie: I lost my card, thats not by transaction, well, if
    that is not your transaction, then who entered your pin? the fact of the matter, fraud
    is probably a billion dollar industry, and companies simply just do not have the
    resources to cover, track down every fraud claim or instance....

    If you were to steal my card on a street level, and a pin was required
    for retail and online (no matter where), then my card would be useless...

    however, right now, I can use my card in stores without a pin, and in most
    cases without showing my id, and I can buy online without a password or pin...
    one exception is the post office, they require a pin no matter what card you use....
    and at this time, they still do not check ids that I am aware of....

    You will never eliminate all fraud, however, if they simply put more
    checks and balances in place, then it would reduce fraud that much more...


     
    dscurlock, Apr 14, 2016 IP
  11. sarahk

    sarahk iTamer Staff

    Messages:
    24,349
    Likes Received:
    3,279
    Best Answers:
    94
    Trophy Points:
    615
    #31
    I read an article about how hard it is to get that set right and the days lost waiting for bureaucrats. I was astounded, I expected better from the US.
     
    sarahk, Apr 14, 2016 IP
  12. dscurlock

    dscurlock Prominent Member

    Messages:
    4,563
    Likes Received:
    259
    Best Answers:
    0
    Trophy Points:
    300
    #32
    Your expectations are high for the U.S. to get anything right...:)
    the us govt practically encourages/endorses fraud by doing everything wrong....
    congress sits back on their asses soaking up funds for their own states...
    in the end, they get nothing done, costing taxpayers even more....

    U.S. Govt/IRS Supports Fraud by doing nothing....
    (other then to say, fraud is running rampant...)

    When a man/women is sitting at home collection welfare...
    I consider that fraud; They either cant find work, or simply
    to lazy to find work because the govt is paying them to sit at home.

    I had this couple living above me for 2 years (recently evicted)
    never once did I ever observe either one of them leaving their
    apartment to go to work; Later i found out they were getting free
    housing from the govt, along with welfare payments, and they were
    only evicted because the number of police complaints, and free housing
    withdrew their payments, and they could no longer stay...
     
    dscurlock, Apr 14, 2016 IP
  13. sarahk

    sarahk iTamer Staff

    Messages:
    24,349
    Likes Received:
    3,279
    Best Answers:
    94
    Trophy Points:
    615
    #33
    We get welfare abuse too but I'd far rather the safety net existed.

    Back in '90 I seriously considered ditching my flight out of LA and just bumming around Cali for a year or two. I was surfing and competing and the lifestyle/climate looked attractive. What put me off was the no SSN so no bank account (savings secured via travellers cheques back then) and the potential exploitation by employers who knew you couldn't complain. Not helped that my initial dossing opportunity worked for immigration :)

    The impression back then was that to get a bank account you had to have an SSN. To pay tax you need an SSN and it follows, therefore, that refunds should only be made to accounts linked to that SSN. In this day and age of electronic security that should be relatively simple.
     
    sarahk, Apr 14, 2016 IP
  14. Samantha Stein

    Samantha Stein Member

    Messages:
    41
    Likes Received:
    3
    Best Answers:
    0
    Trophy Points:
    28
    #34
    If you choose to leave your account with a negative balance for 90 days, PayPal will forward your account to IQOR, a debt collection agency.

    Once they get hold of your account and they have your right address, expect that they'll barrage you with letters stating your balance and how to pay it.

    If they also have your number, you'll get endless phone calls with the aim of getting you to pay them the balance.
     
    Samantha Stein, Apr 18, 2016 IP
    Blesta.Store likes this.
  15. camp185

    camp185 Well-Known Member

    Messages:
    1,653
    Likes Received:
    51
    Best Answers:
    0
    Trophy Points:
    180
    #35
    This is the most likely action PayPal would take against OP's account, almost the same thing everyone here has said..

    You're not covered for selling Crypto currency on PayPal, some people may think PayPal likes bitcoin and have no idea what side they take on virtual currency. This is not consider "intangible goods" and you're not eligible for buyer protection.
    PayPal will get a collection company to try and collect from you, because of the amount involved there's no chance PayPal could spend lawyer money to make you pay. But you can say goodbye to your PayPal account and future selling or buying privileges, opening an account in your name or address, with the same IP will become nearly impossible, because you did not attached SSN, PERSONAL IDS, TINN, TAX IDS there's also no way to identify you but they will certainly remember about the debt, link you and suspend any future business.
     
    camp185, Apr 19, 2016 IP
  16. Vjsra70

    Vjsra70 Peon

    Messages:
    2
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    1
    #36
    Jose, whatever happened with your negative PayPal balance?
     
    Vjsra70, Mar 20, 2018 IP
  17. sarahk

    sarahk iTamer Staff

    Messages:
    24,349
    Likes Received:
    3,279
    Best Answers:
    94
    Trophy Points:
    615
    #37
    I don't think he'll be spilling the beans. Hasn't been back her since 2014
    upload_2018-3-21_9-13-52.png
     
    sarahk, Mar 20, 2018 IP
    Sugavanas likes this.