PayPal, a tale of woe and a counterfeit Rolex.
PayPal, a tale of woe and a counterfeit Rolex.
Author
Discussion

ellroy

Original Poster:

7,728 posts

248 months

Sunday 24th June 2018
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A tale worth reading and bearing in mind should you be tempted to buy online.

http://www.dailymail.co.uk/money/news/article-5877...

OGR4M

875 posts

176 months

Sunday 24th June 2018
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This is somewhat perturbing as I usually, as a buyer, trust PayPal implicitly.

I’ve had a couple of bad dealings as a seller, but not enough to put me off - but a couple of recent refund claims for non-arrival of items have been resolved almost immediately.

Perhaps I’ve just been lucky, as I’ve heard similar (although less costly) bad experiences from other sources, but it’s a shame that what should be a reliable global service simply isn’t when it matters.

Spanna

3,736 posts

199 months

Sunday 24th June 2018
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Things not to sell with payment through PayPal:
Electronics
Antiques - including watches or expensive collectibles
Vehicles
‘Online’ items (such as a code for an Xbox game etc.)

These things are open to abuse. “Doesn’t work, is a fake, missold, not received, damaged etc.” all the usual get arounds will often be used on these things.

Always use a tracked postage service. Sell in person or find another way to sell than PayPal for those items above, for sure.

foobies

138 posts

118 months

Sunday 24th June 2018
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fesuvious said:
4 weeks later, paypal freezes this money in my PayPal account ( Yes, I should have drawn it out ) and says she's claimed I sold her a fake.
If it makes you feel a bit better, which at this point you probably don’t care anyway, even if you’d withdrawn the cash they would still have clawed it back from you by charging the card linked to your account, or the bank account linked to the account. If that wasn’t successful, they would have probably gone the legal route.

Even when you take the cash out, you’re still vulnerable to a PayPal despite or chargeback. Rubbish really!

foobies

138 posts

118 months

Sunday 24th June 2018
quotequote all
Spanna said:
Things not to sell with payment through PayPal:
Anything
FTFY

There is not a single physical item sold through PayPal where some kind of scam can’t be orchestrated.

All the buyer has to do is claim the item was missing from the envelope/faulty/missing parts/non-genuine and ker-ching, it’s refund time.

In the past I took the view that PayPal left me vulnerable, but these scams were few and far between. Sadly, that’s not the case. I’m still vulnerable, but the scams are becoming ever more frequent and sophisticated. Just when you think you’ve seen it all, another scam arises.

I try to avoid selling any personal items with PayPal wherever possible.

The SIL sold a load of clothes/beach wear on a popular auction site, accepting PayPal as payment. Between buyer cases and PayPal disputes she got the funds for less than half. Total waste of time.

Bedlamater

254 posts

121 months

Sunday 24th June 2018
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PayPal came in and saved my arse good and proper regarding a fake Rolex 1675, to the tune of £15k...

I was able to prove it was a fake and shipped the watch back to the seller in Germany, but if it wasn’t for PayPal stepping in I don’t think I’d have got a penny back..

bonerp

818 posts

262 months

Monday 25th June 2018
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I was stung selling a camera - a Sony DSLR on ebay. It was mint. I took a photo of the blue sky before releasing it evidence no dead pixels.

The buyer then proceeded to take it on holiday somewhere very dusty and then stated there was a dead pixel. Paypal refunded her and I went ballistic. Got in touch with Ebay, proved it was faultless before I sold it - even took it to a camera shop when it was returned for a clean and evidence that there were no problems yet Ebay STILL sided with the buyer.

Putting "no returns" makes no difference.

In the end they told me on 'this occasion' they would refund me but it wouldn't happen a second time - I sold the camera a second time and was up approx £300 in the end!

Since then even if I sell items on ebay I insist meeting f2f and they do a bank transfer where possible. I do everything to avoid paypal and scambay. I certainly wouldn't accept a watch sale using paypal. I personally hope the financial authorities catch up with them soon as I don't believe their conclusions are often satisfactory.

devnull

3,847 posts

180 months

Monday 25th June 2018
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"Perhaps it might be best to avoid buying expensive second-hand watches."

Well that comment in the article boiled my piss.

ashleyman

7,225 posts

122 months

Monday 25th June 2018
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Spanna said:
Things not to sell with payment through PayPal:
Electronics
Antiques - including watches or expensive collectibles
Vehicles
‘Online’ items (such as a code for an Xbox game etc.)

These things are open to abuse. “Doesn’t work, is a fake, missold, not received, damaged etc.” all the usual get arounds will often be used on these things.

Always use a tracked postage service. Sell in person or find another way to sell than PayPal for those items above, for sure.
You say that but I had a clear out and sold 4 SuperDry tops still with tags to the same guy for about £40. Posted them and heard nothing until a few weeks later eBay / PayPal gives him a refund because they never arrived. It didn't matter that I had sent them signed for and he'd signed for them.

Haven't sold anything on eBay since! Surprisingly, I now refer Facebook Marketplace and making people collect with cash.

Octoposse

2,357 posts

208 months

Monday 25th June 2018
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Maybe I've been lucky, but I've never had any problems in ten plus years.

Perhaps the stuff I sell (two to three items a month) is all a bit 'below the radar' for your average scumbag . . . most recently spare bits for quality vintage tent (£40) / Enid Blyton first edition (£1.99) / Porsche collectable (£12), etc. Always trouble free transactions with nice people. Only 'non delivery' I can remember was for a £1.99 bookmark, which I was happy to just write off.

And as a buyer, it's wonderful - I bought a handbag for about £30, advertised as 'new', but there were faint dirty marks on it just visible enough to make it inappropriate to give as the present I had planned. Seller was highly unpleasant (unnecessary and pointless) and tried to hold the 'no returns' line. I sent it back recorded delivery, knowing that PayPal would settle in my favour - which they did plus postage (so I ended up down by the difference between second class postage and recorded, which wasn't a problem).