Quote from: whitefeather on November 25, 2013, 03:35:32 AM

Let me share one example which may dissuade some of you from engaging in selling on eBay, given the real risks involved which eBay will never tell you.

I sold off my FPGA miners on eBay in May, when I started to transition to ASIC. Then in July, one of the buyers filed a bullshit chargeback with their credit card company, citing undelivered goods or something along those lines. Paypal pulled the amount from my Paypal balance. After I provided Paypal with the tracking number and the proof of delivery in the form of a signature form which I requested from USPS, Paypal gave me back my money.

I thought I was in the clear.

Fuck No.

The criminal buyer and his equally criminal credit card company ignored the proof that Paypal sent to them on my behalf. The credit card company refused to reverse the chargeback.

So guess what?

Paypal once again pulled the amount from my Paypal balance. I'm out the miner and I'm out the money.

I checked with eBay and Paypal to see how I can set up my listing so that next time, I can prevent people from paying using a credit card through Paypal and potentially abusing me again. Both eBay and Paypal said they can't and won't do that. So, I told them to fuck themselves. I have a 100% feedback on eBay and have been selling since the year 2000. Despite that, I walked away from the eBay/Payal platform that shifts all risk to the seller.

The chargeback example I provided above is just one of several scams enabled by credit card companies, eBay and Paypal. I've had enough and am not selling on eBay anymore. Frankly, after all the fees and shit they take from the seller, the margins really aren't worth the inevitable headache. Sellers take all the risks. Everyone else benefits. Well, it's high time I got out of that unbalanced, pathetic model.

that sucks >i have had chargebacks 2 or 3 and I won on all my cases. and paypal ate the money.. around 1k.

I have also purchased from a few thugs about 1.3k and paypal ate the loss. But I am a paperwork freak. And I have done a lot of sales since 2003.

I have stopped big ticket sales due to chargebacks . I stay under 1k.

I also insure and require signature for items over 250 cash. but you are correct there are bad ebay buyers.