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Entries Tagged ‘Chargeback’

If I close my bank account, and then an online merchant tries to get funds, can they?

john s asked: I have a paypal account, and I am closing my bank account due to the fact that i’m studying abroad for the next semester. If a customer does a chargeback, will paypal try to take the funds out of my closed bank account? what would happen? and could an online merchant obtain [...]

Ebay Payment Question?

Waiting_helpless_&_wanting_more asked: What does this basically mean? i am not getting it.
” You need to accept PayPal or merchant credit card as a payment method for listings in this category.
Learn more about the eBay Accepted Payment Policy.
Some payments may be held in your account to ensure smooth transactions. PayPal will release the hold after 21 [...]

Online merchant trying to refund customer from my bank account?

Bryce S asked: I signed up for a merchant using a fake name/address. Someone bought something from me, then decided that ‘the product doesn’t fit the description’. I have since cancelled the bank account used with the merchant. However, the merchant tried to do a chargeback, and failed because the account is closed. Can the [...]