We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
PayPal 21 days pending payments
Options
Comments
-
As Elmathud says whilst this policy is clearly there to protect buyers from fraudulent sellers, it does leave sellers wide open to attack from fraudulent buyers
Correct me if i'm wrong, but does Paypal not have seller protection. So if you follow the guidelines you're protected from fraudulent buyers?0 -
Correct me if i'm wrong, but does Paypal not have seller protection. So if you follow the guidelines you're protected from fraudulent buyers?
They do but it only protects you against:
A. If a chargeback occurs because the buyers payment was not authorised or
B. If a buyer claims it wasn't delivered and you have proof of delivery.
Nothing stopping a fraudulent buyer claiming an item wasn't as described and if they do, there is naff all a seller can do about it as PayPal normally side with the buyer
Full policy at https://cms.paypal.com/uk/cgi-bin/?&cmd=_render-content&content_ID=ua/UserAgreement_full&locale.x=en_GB#11.%20Seller%20Protection%20Programme0 -
As a seller, I've only had one issue in 8 years I felt was unfair. The Ombudsman gas no responsibility for PayPal anyway, it is HQs in Luxembourg, and outwith their remit.
It's not just they have their HQ in Luxemberg they purposefully didn't acquire a UK banking license as it would have been costly and they'd have to fully comply with UK legislation which includes being taken to the Ombudsman (another sly trick from a dirty company). If they had a banking or e-banking license in the UK they could be taken to the Ombudsman.0 -
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.1K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244.1K Work, Benefits & Business
- 599.1K Mortgages, Homes & Bills
- 177K Life & Family
- 257.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards