posted on August 1, 2001 02:10:27 PM new
I've been reading the thread about problems occurring with the new way to rob someone...via chargebacks. I dislike PayPal immensely but do realize there are buyers out there who will only do transactions using them so I keep my account. Here is my question. I would like to take payments from people who have a verified address and bank account and will only use funds from their PayPal account. In other words I do not wish to take credit card payments. In Preferences on Paypal, which slot do I choose from the following copied from their list:
Payment Receiving Preferences
Payments from Unverified Users
Would you like to accept payments from users who have Unverified PayPal accounts?
Yes No
Note: If you choose "Yes" users without a confirmed bank account will still be able to send you credit card payments.
~ ~ ~
Thanks for any help. Dishonest people sure have a way of screwing up things for everybody.
posted on August 1, 2001 02:25:09 PM new
I don't think there is currently any way to prevent Paypal from accepting credit card payments.
You can state in your EOA notices and listings that you accept Paypal balance or echeck payments only, but there isn't any way (that I'm aware of) to set you Paypal references to reject all credit card payments.
posted on August 1, 2001 08:45:21 PM new
You can partially get what you want.
From the PayPal "Payment Receiving Preferences" page:
[b]Payments from Bank Accounts
Would you like to only accept bank account or PayPal balance payments from users who have a confirmed bank account added to their PayPal account?
Yes No
Note: If you choose "Yes" users without a confirmed bank account will still be able to send you credit card payments. [/b]
This is a very trickily worded option. It's not saying "would you like to accept balance/bank account payments ONLY, but rather would you like to force those users who have confirmed a bank account to use balance/bank account payments.
Those who have not confirmed with PayPal could still pay with CCs (wouldn't want to lose the percentage!), until some other seller convinces them to confirm their bank account.
This is an effective PayPal tactic that puts sellers to work urging buyers to confirm bank accounts and let PayPal use their bank accounts as the default. It's the same tactic they have successfully employed to get sellers to force buyers to verify...how many folks now accept PayPal payments only from verified users with confirmed addresses, all for the sake of the "seller protection program?"
I guess PayPal will call this an anti-fraud measure. Close but no cigar--it could have real teeth if there was an option to allow a seller to refuse all CC payments.
(edited to correct dumb mistake but still can't figure out why the bolding isn't working on the PayPal TOS)
posted on August 1, 2001 09:07:17 PM newpsyllie, if you want to "bold" or "italicize" words, you can't have more than one empty space anywhere between the first command ( [b] ) and the last command ( [/ b] ).
You have a break (more than one space) after the first four words, then another after the question mark, and another after 'Yes No'. If you want to leave the spaces in, you need to put the closing command ( [/b] ) after 'Accounts', put another set of commands around the question, another set around 'Yes No', and yet another set around the 'Note' line.
posted on August 1, 2001 09:10:27 PM new
Ah, thanks for clearing that up granee! I copied and pasted that right from the PayPal page, so thems are their spaces...don't want to change anything about PayPal's TOS myself, since they are so good at doing it themselves lol.
