Paypal: Protector of Sellers and Thieves...

Paypal: Protector of Sellers and Thieves...
.......[c]2006 by
Richard L Zorek....10.21.06.........


Paypal is an online banking system which is largely used by Ebay members, but it is a "payment" method that can be used in a host of other places on the internet. They seem convenient to get instant payment from sales and to be able to make an instant purchase. However...as with many things that "look" too good....there are problems. There's a growing number of ebay sellers who are losing money and merchandise to paypal because they are policing actions with ebay sales. Paypal calls it "seller protection," but it really isnt that at all. It is a way that people, especially those from other countries can get merchandise for free. All they have to do is claim they didnt get it (even if they did, (even if its the postal services fault) and they will be refunded from your account (with very little warning, if any at all). And they claim they investigate each issue, which they do not. They just wait until their "time" runs out and then they issues the refund. I will be writing more about this as their are many people who are having issues with this right now. Paypal claims to not be an agent of ebay....but yet they are policing them? That, in itself, is something to be curious about. When I responded to them about an issue, an agent of their "Protection services department" wrote back and said "When you signed up"...for Paypal, that I agreed to their "disputes resolution process." I responded that "no one allowed liars from other countries to get merchandise for free." Even a small claim procedure has to provide proper evidence, and then the court itself does not just take the money. It still has to go through a protocol. Paypal, apparently has none. Their seller protection program is not a seller protection program as much as it is a license for fraud. Paypal was purchased by Ebay in 2002 and has since acted as Ebays judge, jury, and executioner on many financial issues.