Quote Originally Posted by TxDoc View Post
So, then what countermeasures can we take to not be scammed by somebody off Paypal. I mean, are you saying that if they send the money, we ship the item - and then then start a dispute and do not return the item... then what, are we going to lose both the wheels and the cash and there's nothing that can be done?
I've been using PayPal to collect payments for 10+ years, and frankly I don't seen this happening. If you are a seller, you don't get the money until payment has been verified either by a valid credit card, or a check that clears. If there is a dispute involving the finances, your PayPal account should have all the records of the payment clearing and who received it, when and by what method.

I had a situation last year where for some reason PayPal was denying a customer of mine services, saying they hadn't paid me. I was able to pull up the full transaction history, including the date he used his debit card, the date the transaction cleared and was paid to me, online. I then gave that info to my guy to clear his account.

My brother in law lives in Mexico and we did have problems recieving a payment from him for family stuff. They have several extra levels of security required for money coming from Mexico as so much fraud is generated there.

If you sell someone a crappy wheelset and they aren't happy with it when they get it, well that's a different kind of problem. Let's assume you keep records well, photo documentation of what you are selling and so on.

Some people keep a separate bank account just for PayPal transactions, the theory being if it's going to be hacked its completely apart from your regular finances. So if you set it up that way, and keep $5 in it only, you won't lose much if they did put a hold on your account while a dispute was being settled.