bcbidder
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posted on November 26, 2003 01:08:21 PM new
I have been informed by Paypal that I am the victim of a fraudulent transaction. I was paid by a buyer via PayPal, transferred the money to my account and 30 days later received an email from PayPal with the bad news. Apparently I was paid with a stolen credit card (or some other fraudulent means) and since I shipped to an unconfirmed address I don't qualify for the Seller Protection Program. This transaction was for over $700 US.
I just want everyone to please be aware of the risk associated with a PP Business Account (which allows you to accept credit cards) along with shipping to an unconfirmed address. If you place an order online with any mail order company, they will not accept your credit card if it does not match your address. My story is the reason why.
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AuctionAce
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posted on November 26, 2003 01:24:01 PM new
It's a difficult way to learn. Even if you held a gun on me I wouldn't send a $700 item to an unconfirmed address. Paypal has numerous disclaimers warning sellers not to do it but a few go ahead anyway. On items under $50 the risk is small but over that amount it's a real gamble.
-------------- sig file ----------- *There is no conclusive evidence that life is serious*
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stopwhining
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posted on November 26, 2003 01:45:29 PM new
with a fraudulent credit card,it does not matter where you ship the item to-confirmed or unconfirmed.
someone else may confirm this.
-sig file -------The thrill is gone!!
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CBlev65252
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posted on November 26, 2003 02:00:54 PM new
stopwhining
Your confirmed address is supposed to be the address that the credit card bill is sent to. I'm not sure how much checking Paypal does. It's been so long I hardly remember. Somehow I think you could still use a confirmed address with a stolen credit card. Tis the season. It may be adviseable to limit the dollar amount you'll accept with Paypal until after the holiday season is over. Or, accept only checks through Paypal. I'm sorry to hear you were a victim. Sadly, I don't expect you will be the only one.
Cheryl
http://tinyurl.com/vm6u
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stopwhining
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posted on November 26, 2003 03:51:02 PM new
the real time online system which check the confirmed address of the cardholder only check partial address,not complete address.
if you have a merchant account,you know what i am talking about.
but somewhere i read on this forum on paypal seller protection-if the buyer uses a stolen card,it makes no diff where you ship the item to,there is no protection.
-sig file -------The thrill is gone!!
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toasted36
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posted on November 26, 2003 04:18:10 PM new
bcbidder, I am truly sorry to hear what happen to you.It's just a shame we as sellers have to put up with things like this happening.I don't think you should be able to even open a Paypal account if you can't confirm your address in the first place...Even then there is always a risk but your at least 50% more covered. I know your
Holidays have been ruined by this careless thief but for what it's worth Happy Holidays to you and your family
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Libra63
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posted on November 26, 2003 07:12:17 PM new
I have noticed lately that many of my paypal sales are unconfirmed address so I am thinking seriously of taking anything but paypal. Since I do have a good sell through rate but low bids giving money to paypal really gets me upset. I am really in no hurry to get my money as I don't use it for any household bills so there fore waiting for payment is okay with me. I have changed my WBN from saying PayPal is the preferred method of payment to . I accept then I say what I will accept but I still mention PayPal if that is the only way my buyer will pay. Lately my sales have been with money orders and that's fine with me.With all the credit card fraud it really scares me. There was a lady in our area that sold something to Nigeria for $1500.00. They sent a $7,000.00 check and wanted it cashed and send the balance back. Yes you guessed it the check bounced. It never said whether the item was sent or not.
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photosensitive
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posted on November 26, 2003 07:31:34 PM new
Libra63 mentioned that recently many of her PayPal sales are to unconfirmed addresses. I noticed a short time ago that when I made a PayPal payment it said my address was unconfirmed. It always showed confirmed before. There was an option to change to a different address but since it was right I did not change. None of the sellers called me on it but I saw a thread here that said the default on PayPal had changed. Sure enough when I pick change address and chang to the exact same address it shows confirmed. I find I have to do it every time I pay from a link in the auction or the sellers email. I wonder if the increase in unconfirmed is explained by that change in the PayPal default.
-----o----o----o----o----o----o----o----o
“The illiterate of the future will be the person ignorant of the use of the camera as well as of the pen.”
Maholy-Nagy, Vision in Motion, 1947
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stopwhining
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posted on November 27, 2003 06:45:37 AM new
there can only be one confirmed address per credit card you register with paypal-it is where your credit card statement is sent to-be it your home address,office or mail box.
libra,
tell your neighbor dont bother with any nigerian business and dont give them any bank account number,they have been known to print checks with usa company title and its checking account number.
who knows what the nigerian printers would do for local crooks??
-sig file -------The thrill is gone!!
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