4 ms·
Paypal is risky for sellers because you face two levels of fraud vector from fraudulent buyers. Even if you abide by all of Paypal's requirements, if the under
by masonic 10y ago
Paypal is risky for sellers because you face two levels of fraud vector from fraudulent buyers. Even if you abide by all of Paypal's requirements, if the underlying bank/network does a chargeback, Paypal takes your money (plus a fee, so you've lost the full value of the item plus your shipping cost plus an additional Paypal fee).
For buyers, in cases where they are on the hook because they were defrauded, they have been known to throw up ludicrous barriers to refunds. I had a case where they insisted they had "proof of delivery" of a never-received item... and the tracking data they provided as "proof" showed a destination in another state.