Anyone else get screwed by PayPal??

[hottee0]

I recently had 2 cases that I had filed with PayPal, under the 'Buyers Protection Program'. In both cases I was the buyer and the seller was found at fault. Also, in both cases I was notified by PayPal that they were unable to recover any of my losses from the sellers. I am a moderate seller on ebay. I have had claims filed against me on several ocasions. Each and everytime that a claim is filed against me. PayPal has always instantly frozen the funds related to that particular transaction from my PayPal account. This appears to be the company policy from all of my experiences. I have also noted that whenever PayPal does freeze the funds for any ebay auction. If you check the payment status of that particular auction. The auction will show as being paid, and the moment that PayPal freezes those funds. The auction will then show as being unpaid. Which to me would indicate that the funds are in limbo until fault is found. This happened to the two auctions that I am referring to. They went from showing 'Paid' to 'Send Invoice' which leads me to believe that PayPal now has control of those monies. Fine, no problem! But when someone is found to be at fault, PayPal seems to keep this money for themselves and send a convenient notice to the plaintiff that no funds were recovered. I sent an email to them yesterday, indicating that if my $206 USD was not returned to me. That I am going to close my PayPal account in protest to their misleading 'Buyer Protection Policy' which is found in most auctions. Not to mention that they charge a fortune for very modest services rendered without any compensation in a dispute. If anything similar has happened to you, I would love to here about it. And, I would also advise to write a letter of complaint to PayPal online payments services regarding such. You can email me direct if you wish at gramma_dynamite_2004@hotmail.com

[marcopoloca]

How do you switch from echeck to credit card, i tried and they don't seem to provide that option on the drop down menu. Do you have to clear out the fund before it appear? They sure don't make it easy.

[rd1000]

You are better off to have a totally separate account for paying. You will get your money back from a credit card company if you have to do a chargeback, but as soon as you receive money into that account, it will be frozen. Do not mix an account you use to pay for auctions with an account you use to receive money.

Rob

[marcopoloca]

It's way more complicated than you think.
i converted my US balance to Canadian at 1.185 so i can pay for a US auction with credit card. As i proceed to do just that, paypal say it'll first take money out from my bank's checking account. I called paypal and they told me it's their discretion as to how i can pay as stated in my user's agreement. It's my fault that i did not fully understand and read the agreement!
Furthermore, the conversion rate they used is set at 1.246, so i'd lose money by just converting back and forth. As i clicked on another tiny button that says other funding options, then it offered me to pay by a credit card, as i clicked on it, a page warning that i'll lose my $1250 buyer's protection with paypal appeared. Then it arbitrary converted to Cdn. fund again at 1.246. I clicked on another button that says other conversion option it offered me the chance to pay at US funds by saying that i'll be converted by an unknown source! As i clicked continue, "the page is temporally not available" comes on, so i have to all the previous steps all over again.
Shame to paypal by offering all these shady tactics in order to grab more bucks from us!