Adolph
Elkhart,#2Consumer Comment
Sun, November 20, 2005
Copy and pasted from Pay Pal's policies: (Refund) Eligibility. "Even if the buyer's claim is justified, the buyer will receive a recovery only if there are funds in the seller's account. RECOVERY OF YOUR CLAIM IS NOT GUARANTEED." . You'll notice Pay Pal exculpates any payment by or loss to Pay Pal with these words:"Even if the buyer's claim is justified, the buyer will receive a recovery only if there are funds in the seller's account. RECOVERY OF YOUR CLAIM IS NOT GUARANTEED." . If the seller has sucked the money out of their account immediately (which is the intelligent thing for ANYONE honest or dishonest to do)you're screwed! . I had a small $25.00 loss to a scam seller several years ago, and Pay Pal refused action, as the seller had no money in his account. I then had the credit card issuer reverse the charge. I then received a terse communiqu from Pay Pal upbraiding me for "not filing with Pay Pal first". Duuuuh! Been there, done that, was told to go suck an egg. (paraphrasing) . Unbelievably, I got a call from the bank about two or three months later stating Pay Pal would not accept the charge-back. Even though the bank said they'd absorb the disputed amount, I was absolutely LIVID! This dilemma should not have been resolved by a loss to the bank. I insisted the bank absolutely to not accept Pay Pal's rejection. The bank staff member then told me they'd already spent much in excess of the $25.00 disputed amount in time arguing with Pay Pal. The bank could only afford to absorb it. . This REALLY made me angry! That meant Pay Pal got their "commission", the scam seller got his money and the bank got the $--tty end of the stick. . As I've stated in previous dialogue, Pay Pal amounts to the internet's cyber financial Nazis. Sadly, I'm forced to deal with them on a weekly basis. Oh well, such is life!