hehe, just paying for something and noticed...........(paypoo)

PINGA14

Thanks. Have read so many horror stories about paypal lately that I've just cancelled everything and registered a credit card instead!
Don't think it's worth the risk.

soolin

PINGA14 wrote:

If you cancel your bank DD and register a credit card instead of a debit card can paypal still do chargebacks through your credit card?

I think there is some confusion here. When paypal do a chargeback they merely put your account into a negative balance and ultimately will put the debt collectors on to you, it doesn't matter whether you have a bank account registered or not.

This thread was initially about credit cards from a buyers point of view, and I am happy to say once again that I will always recommend that buyers pay by credit card as they then have a full back position if a seller clears out their account and refuses to refund.

Soo

Moglex

soolin wrote:

I think there is some confusion here. When paypal do a chargeback they merely put your account into a negative balance and ultimately will put the debt collectors on to you, it doesn't matter whether you have a bank account registered or not.

I think the poster wanted to be sure that paypoo couldn't just help themselves to money from his CC.