Re: OT! OT! --- E-bay fee change -- OT! OT! Cross posted with HP group.
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Martin,
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Unless it happens to you it's difficult to believe. When you agree to use PayPal (or whichever latest flavor is currently popular) you rather explicitly allow them to reach into your bank account and take money out without notice. When we rented out our vacation condo we were required by PayPal to provide our rental agreement which allowed us to withhold deposits from our renters. We had a renter violate our agreement: overloaded the condo with guests exceeding its capacity, caused damage. This was only time we were compelled to withhold the deposit because the cost of damages exceeded the rental deposit. The renter fought furiously against us (the BBB is BS by the way) despite everything being very obvious and clear. (Seen the movie "Pacific Heights"?). Finally the renter had their credit card company reverse the charges on the rental deposit. We discovered this a couple of months after the fact when $250 disappeared from our checking account. That was the ONLY indication we got that the charge reversal happened. Despite our rental agreement in PayPals hands, PayPals documented charge reversal policies, and their very friendly and responsive customer service representatives, they never did a thing to challenge the charge reversal. To them it is vastly better to piss us off than the credit card company. The credit card company will always win and doesn't give a rats ass about you. When you use these services (in the US) you will always be required to "let them win". Your recourse is the courts, in which case you loose. Good luck if you're talking over $5,000. Your legal fees will blow that out of the water. I would also highly advise not linking your free credit union checking account to any other bank account. But that won't really protect you either. They'll just file the bill with a collection agency. Then the fun will really start. I like to say, I'm not cynical, I'm "woke". Sorry for the rant, but if you're going to sell on eBay, or deal with PayPal, or Venmo, you should be aware of what you're signing into. Dave On Wednesday, April 28, 2021, 06:37:09 AM PDT, Martin <musaeum@...> wrote:
On 28. Apr 2021, at 15:11, - <rrrr6789@...> wrote: Thats the "thingy" I'm talking about, yes. You say it allows them to "suck money out of my account". What I do not understand is that they are already able to do that via my credit card. Buyers usually pay me via bank transfer, and Ebay charges the credit card with the fees. So they already can do it, why to they need to do that "linking" business?? I've never subscribed to Paypal, but to what I heard is that once the money is on your account it cannot be taken back. But as long as its on a sort of intermediate "Paypal-account", thats a different story. cheers Martin |
Dave Peterson