Word of Caution for all those want to place pre-order thinking they are protected by PAYPAL BUYER PROTECTION

If you are not aware, paypal works quite differently for Indian Merchants.
All the payments received by a Indian paypal merchant is automatically withdrawn to their Indian Bank account by end of every business day. This is due to a regulation put in place by Reserve Bank of India (RBI).

Eventhough the merchant needs to verify their account using a Indian Bank account AND a credit card. I doubt if the credit card he/she has used has a credit line more than a few hundred dollars.

And there is no ACH facility offered by Indian Bank accounts. So the money transfer is just one way. From Paypal --> merchant's bank account

So if 5 people order the mining rigs worth 3k and he closes the shop, paypal doesnot have anyway to refund the money as the money would have been automatically withdrawn to the merchant's bank account the day he received payment. Only thing paypal can do is charge his credit card to honor the refunds.

So if you are placing the order thinking that you can request refund from paypal.. think again.!