Anyway to receive payments safely through PayPal?

[Dean]

Is it possible to avoid losing your money to disputes and chargebacks when selling domains and websites through paypal? The 2 ways I have come across seem to be Mass Pay and payments for services. Mass pay cant have chargebacks since a payment cant be made wit credit card but I am not sure if a payment through masspay can be disputed? Does anyone know? Also I have herd that if a payment is sent for 'services' isntead of 'goods' then a dispute cant be made. I think this is still susceptible to stolen paypal account disputes and maybe chargebacks from credit card but not a normal dispute which is my main worry.

 

[briman1970]

I'd like to know this also.

 

[owntype]

Also I have herd that if a payment is sent for 'services' isntead of 'goods' then a dispute cant be made.

I don't know about masspay, but using option "services" can't secure your payment. I have bad experience on this, just got chargeback last month for an amount of $610. Paypal simply charged back with a very short notice. I provided many proofs, never received a reply, they just closed the case as solved! (in their way)

BTW: I can provide option 3 as I heard someone mentioned once received a payment, ask the buyer to submit a dispute and then agree to close it as dispute solved manually. So the buyer can't open another dispute on the same case. Anyone can confirm whether this works? Please consider the following situations.

1. The buyer file a non-authed payment (claiming account has been hacked)
2. File direct chargeback from bank (creditcard payment)

Thanks

 

[Dean]

Yeah I herd that 3rd option to on the forum recently to but I think in an older thread. Would be interesting to know if its possible.

 

[Earthian]

one more thing to consider about MassPay/PayPal is what happens if the scammer uses an "intermediate" account ... ie moves the funds from a stolen-account or an account-opened-with-stolen-CC to another account so as to use MassPay (PayPal balance)




I think PayPal investigates problems 2/3/more accounts deep if there is a connection

​

 

[DotWeekly]

Paypal is not the safest, but using Escrow is not always the best either. It is more likely you would be covered using escrow as the escrow company is insured for chargebacks and such.

I would say the safest paypal payment to recieve is a Mass Pay from a verified member and I never had a problem using it.

The easiest and most safe way to accept payment for a domain name... CASH

 

[barefoottech]

Paypal is not the safest, but using Escrow is not always the best either. It is more likely you would be covered using escrow as the escrow company is insured for chargebacks and such.

I would say the safest paypal payment to recieve is a Mass Pay from a verified member and I never had a problem using it.

The easiest and most safe way to accept payment for a domain name... CASH

Cash works great if you live close by , but the nature of the internet makes that often impossible.

 

[HuntingMoon]

if you are concerned about no itrader feedback for example, just alert the buyer that you will hold the name for an extended period. point the name to them so they can use it, but give paypal a period to settle. Also, if you document fraud, many registrars will lock up the name that was stolen and eventually return it. Some will say it's not their problem as well though.

 

[abcproductions]

call paypal and ask them about their mass pay chargeback policies. get your answer from the source.

 

[weblord]

there's no safe payment on the internet.
paypal can also be abused if hacked credit card is placed to fund it.

 

[Dean]

there's no safe payment on the internet.
paypal can also be abused if hacked credit card is placed to fund it.

I am mainly just worried about them filing a dispute for no reason and them winning since thats what paypal does when it comes to domain sales.

 

[Domagon]

Paypal is not the safest, but using Escrow is not always the best either. It is more likely you would be covered using escrow as the escrow company is insured for chargebacks and such.

While there are risks regarding the domain transfer itself using escrow.com, since they don't hold the domain, there is NO risk of the buyer's funds being reversed onto the seller once indicated as being "secured" funds by escrow.com.

Escrow.com assumes the risks of potential future reversal for credit card / paypal payments - for larger amounts of $5K or more, to limit their exposure, escrow.com requires bank wire.

On the other-hand, Moniker escrow funding is potentially reversible onto the seller even long after the sale has completed - do a search at DNF for threads discussing that topic. Savvy sellers insist on "bank wire" funding only by the buyer when using Moniker.

Ron

 

[ezimedia]

HI

Do not accept paypal for large funds fors sales of domain or websites.. use it for the deposit and work other ways for the buyer to pay the balance.

Or only use paypal if you can trust the buyer 100%..

Simple.

Tom