Thanks, Peter, that's what I thought. Up to this point I have wanted a verified account so I didn't have credit limits, but was always worried about that part of it. So, I cancelled the bank account from Paypal. That way they can't pull the money back and tell me about it later, when it's too late. Oh well, it's really hard to safely transfer money and products unless you take a credit card.
Waiting for Paypal
Normally I don't sell to those with no feedback on Audiogon or eBay, but occasionally I make an exception. Once the paypal account shows that I have the money from the buyer, I request a check immediately. Is there a safe length of time to wait before I ship the item? Is it safe to ship once I receive the check from Paypal? My bank account is linked to Paypal. If there is a default later on, can Paypal pull the money back out of the bank account even if they sent me a check in the mail instead of direct deposit? What would you do? Thanks.
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- 15 posts total
- 15 posts total