technology.timesonline.co.uk— PayPal, the payment service used by 20 million online shoppers in Britain, has given in to consumer demands to offer full refunds to buyers defrauded on eBay.
Oct 4, 2008View in Crawl 4
I'm in Britain, and was scammed £120 out of pocket a few years ago. One email later and PayPal refunded all but £7 - why they didn't refund that last bit I have no idea, but hey, it's better than nothing! :)
First, I admit I didn't read the article well enough; apparently the refund policy from ebay doesn't cover cars in the first place. Second of all, 'a car that turned out to be fake' really is, I grant, a poor way to have worded that. The bottom line was that he paid 6,000 for a car he never got, and he lost the money.
After reading the article, I thought, “What a great idea!” However, in doing a little research of my own and reading some of the comments on the original article, like this one, “Deanna Foster, Menlo Park, CA, US: What PayPal doesn't tell you is they can only obtain a refund IF the seller has money in their PayPal account. I lost over $150 because a seller went out of business, and there was only enough money to cover a partial refund. So much for protection! Use your credit card - safer!” I began to wonder if PayPal rewards or benefits were worth the potential risk. PayPal seems to be beneficial as “A P2P payment service allowing anyone with an e-mail address to transfer funds electronically to someone else with an e-mail address” (according to Wikipedia, 10 November 2008), making it convenient, fast and easy, but similar comments to the one above are all over the internet. Hopefully, PayPal and eBay will do more research into buyers and sellers comments in order to make PayPal better or possibly not offer it as a payment option until all the kinks are worked out.
adml_shakeOct 6, 2008
Believe what you want, I've got a folder in my outlook box full of emails.
dorkdork777Oct 6, 2008
I'm in Britain, and was scammed £120 out of pocket a few years ago. One email later and PayPal refunded all but £7 - why they didn't refund that last bit I have no idea, but hey, it's better than nothing! :)
chloemsOct 7, 2008
'bout damn time!
kthxbai85Oct 10, 2008
First, I admit I didn't read the article well enough; apparently the refund policy from ebay doesn't cover cars in the first place. Second of all, 'a car that turned out to be fake' really is, I grant, a poor way to have worded that. The bottom line was that he paid 6,000 for a car he never got, and he lost the money.
pjkid1Nov 10, 2008
After reading the article, I thought, “What a great idea!” However, in doing a little research of my own and reading some of the comments on the original article, like this one, “Deanna Foster, Menlo Park, CA, US: What PayPal doesn't tell you is they can only obtain a refund IF the seller has money in their PayPal account. I lost over $150 because a seller went out of business, and there was only enough money to cover a partial refund. So much for protection! Use your credit card - safer!” I began to wonder if PayPal rewards or benefits were worth the potential risk. PayPal seems to be beneficial as “A P2P payment service allowing anyone with an e-mail address to transfer funds electronically to someone else with an e-mail address” (according to Wikipedia, 10 November 2008), making it convenient, fast and easy, but similar comments to the one above are all over the internet. Hopefully, PayPal and eBay will do more research into buyers and sellers comments in order to make PayPal better or possibly not offer it as a payment option until all the kinks are worked out.