PayPal Researchers Say Buyer Fraud Is Common

This research confirms what many eBay sellers have been experiencing:

 

http://www.ecommercebytes.com/cab/abn/y15/m02/i23/s01

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PayPal Researchers Say Buyer Fraud Is Common

PayPal Researchers Say Buyer Fraud Is Common

Interesting! Thank you for sharing!

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PayPal Researchers Say Buyer Fraud Is Common


@pierrelebel wrote:

This research confirms what many eBay sellers have been experiencing:

 

http://www.ecommercebytes.com/cab/abn/y15/m02/i23/s01


This paper would never pass peer review it's so full of holes and biased methodology.

 

Of course buyer fraud exists but the word "common" has no place in a statistical analysis.

 

 



"What else could I do? I had no trade so I became a peddler" - Lazarus Greenberg 1915
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PayPal Researchers Say Buyer Fraud Is Common

Anonymous
Not applicable

That is because eBay ENCOURAGES the scammers by having buyer's protection and return policies!

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PayPal Researchers Say Buyer Fraud Is Common

This articles refers to situations where...

 

(1) The Buyer "does not receive the item"

 

This is a postal delivery problem.

 

Buyer cannot return the item as it was "never" received.

 

An insurance problem, if item has been insured

 

(2) The purchased item is not as described.....

 

This could be buyer's remorse... or it could be a poor description on the part of the seller....  or alternatively .... Buyer's remorse  and buyer is looking for an excuse to return the purchased item.

 

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But the article does not deal  with a bigger problem

 

 

Buyer makes a return... but does not return the purchased item....  

 

The return may be a "box of stones... or the equivalent

 

or..  The purchased item has been "stripped"  as in electronics.  and the stripped item is returned 

 

Or there has been a substitution.   An old item for the newly purchased item

 

 

eBay cannot acknowledge that this is the problem.....  and the refund was made .....'Because the purchase was RETURNED.

 

This latter situation is definitely fraud... and not easily proved.

 

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Let us take this last situation "off eBay"

 

Seller has a website...  Buyer returns an item with the intent of defrauding the seller......  If this occurs then there is no refund.

 

However,  because it is eBay... and eBay becomes the judge, and jury... a return is made as long as the buyer makes a return of purchased item.... fraudulent or otherwise...

 

eBay has to find a way to prevent this last form of fraud....

 

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Seller fraud also occurs.....

 

(1) The situation relates to poor description....  Each category has a standard  for description... Many sellers ignore the standard

 

(2) not delivering the described goods.... It is marked 925  but not "real" sterling... or gold  or other collectable...

 

(3) Fakes, counterfeits....  That is where the manufacturer of the real item usually steps in ....  but even then  one hears about the many fakes being sold on eBay.

 

(4) There are many buyers that accept a seller's description as correct... Only to eventually find out  the seller's listed value was overstated.....  the price paid by the buyer 

 

Coins  are a prime example  where the credibility of the seller is most important..... Yet coins can be made ... there are magical ways to do so ... to look "better" or the photographs in the listing can be altered to make the coin look "better" than reality.  

 

I have a book that specifically states.... "Buyer beware with coins" purchased on the internet....  and coins are best bought "in person"  

 

The impression one got with this book was that sellers never sold their best inventory on the internet.....

 

 

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PayPal Researchers Say Buyer Fraud Is Common

e_knny
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surprise of the century

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