Is paypal all it’s cracked up to be?

Well everyone, today I will share with you one of my worst experiences, I have been a paypal user since early 2004 and until now everything was fine, I recently had a big problem with paypal. I sold a product to a customer via ebay, I mailed the product out to the confirmed address and about 2 weeks went by, I wake up to check my e-mail and find a message that went something like this “A charge back has been filed against you in regards to order ____, A charge back occurs when a customer uses a stolen paypal or credit card to buy something from you. I figured well ill be ok , I’m sure paypal has seller protection against this, so I decided to e-mail paypal tech support. I get an e-mail back from them basically telling me they have no intention of getting my product or money back and that I am out $165.00!!! Well this is just great, I lost a $165 product and I lost $165 in cash… So that brings us to a grand total of $330.00 out of my pocket due to paypals’ lack of any morals.

Paypal protection for sellers didn’t seem to help me at all, I am going to stop using paypal before I lose more, If your interested in some other online payment services just look up, E-gold, Google Checkout or Chrono pay.

These are just a few examples of some online payment services that have good policy’s in place to protect sellers. I hope this will give you guys a heads up before you lose some money. If you make money online then I would really think about this post.

Post your own paypal experiences in the comments section, Id like to hear some of yours.

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