Important PayPal Question

Discussion in 'PayPal' started by RabbitEarner, Jul 1, 2009.

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  1. #1
    Hello,

    I have very important question for me.
    Some person want to buy services from me. He/She want to pay me via paypal.
    My account is premier(18months old and 2-3banks used, xx times money to bank account withdrawed).

    He will pay me via paypal, i will withdraw money to bank account.
    I will get money.

    What about chargeback if his money will be illegal ?
    I will lost my account?
    They will take my money from bank account/Credit Card?

    Please help me.
    Its very big order for me (average monthly payment in my country)


    Thanks
     
    RabbitEarner, Jul 1, 2009 IP
  2. RightMan

    RightMan Notable Member

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    #2
    If the money involved is really huge, Paypal would surely debit your credit card for the amount if your buyer initiates charge back after your withdrawal into your bank account.

    Regards,

    RightMan
     
    RightMan, Jul 1, 2009 IP
  3. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #3
    First of all your paypal's positive balance turns into negative balance and they remind you time to time to make it positive as soon as possible from you.

    Regarding debit from your linked CC it depends on amount.

    DON.
     
    deluxdon, Jul 1, 2009 IP
  4. Digital_shubhi

    Digital_shubhi Illustrious Member

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    #4
    Isn't that person reputed from whom you are going to do business?

    And yup, if the amount is big, PayPal will take the amount from your cc. :(

    - Digital -
     
    Digital_shubhi, Jul 1, 2009 IP
  5. bordello

    bordello Notable Member

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    #5
    you can hold his funds for 4-5 days and then you can start his services ;)

    Thanks
     
    bordello, Jul 2, 2009 IP
  6. Moses8595

    Moses8595 Peon

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    #6
    You will not loose ur account.If you get all moeny from ur paypal（withdraw）,they can't
    take my money from ur bank account/Credit Card...Then your paypal will become neg balance
     
    Moses8595, Jul 2, 2009 IP
  7. RabbitEarner

    RabbitEarner Peon

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    #7
    Thanks for info.

    Amount is 500$. My CC card is expired. Account Fully legit.
     
    RabbitEarner, Jul 3, 2009 IP
  8. jimmyslyder

    jimmyslyder Banned

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    #8
    jimmyslyder, Jul 3, 2009 IP
  9. thewarlock

    thewarlock Peon

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    #9
    If your card is expired, they can't take money out of it. But they will put your account in negative. Verify the buyer first before selling.
     
    thewarlock, Jul 5, 2009 IP