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FORUMS Marketplace & Market Info Market Watch 
Thread started 16 Mar 2011 (Wednesday) 10:06
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I think I'm getting scammed

 
MOkoFOko
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Apr 02, 2011 17:04 |  #361

tommykjensen wrote in post #12143051 (external link)
Its sad that anybody loose money. However honestly when someone deliberately and willingly throw away the little buyer protection they have to save a few dollars then I no longer have sympathy for them. Sorry if thats harsh but some people that get scammed are willing partitipants in the scam.

I think in many cases, buyers are sending gift funds because they don't know better--or they make a mistake and forget to change their funding type.

Paypal ALWAYS makes account funds and your linked bank account the primary source for each transaction. I've seen several people who said they sent payment before remembering to switch to a credit card. If you ask me, paypal is partially responsible for not allowing us to automatically designate a CC as our primary funding source for all transactions.


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DiMAn0684
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Apr 02, 2011 18:49 |  #362

MOkoFOko wrote in post #12145339 (external link)
I think in many cases, buyers are sending gift funds because they don't know better--or they make a mistake and forget to change their funding type.

Paypal ALWAYS makes account funds and your linked bank account the primary source for each transaction. I've seen several people who said they sent payment before remembering to switch to a credit card. If you ask me, paypal is partially responsible for not allowing us to automatically designate a CC as our primary funding source for all transactions.

yeah, PayPal is doing that to collect the fees from the user and avoid paying CC fees. It used to be worse, I remember having to go through an extra page that described the advantages of using a bank account over a credit card...


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mpix345
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Apr 02, 2011 19:29 |  #363

TeamSpeed wrote in post #12143366 (external link)
Perhaps, and you have to have the funds in the paypal account, of which I have both. I use this often. Paypal still gets $1 for 2 electronic records created in the system, which is a very good rate these days for EFT fees.

There is no reason that Paypal should get nearly $1.20 in fees for a $10 transfer and $3.20 for a $100 transfer and $29.30 for $1000, the same program execution takes place each time. Those of us in the software world that deal with banking transactions understand this. Unfortunately we have allowed these businesses to thrive with this business model. If you really want to discuss scamming, let's go down that road for a minute. ;)

Wow, let's alert the media that financial service providers are taking advantage of the public at large. That is downright shocking news. :)

Unfortunately it is not a scam. We accept it and allow it. We act like financial regulations are somehow anti-American, then we bail out some sector of the financial industry (or the whole damn thing) like clockwork.

eor....


  
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I think I'm getting scammed
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