How to sell gold via paypal without being scammed?

[Hopp]

Hello,

is there a method that works or how to deal with reverse payments?

I was allway wanted to know ... how to accept payment ... how to be sure that after XY days there wont be
a chargeback issued?

How do you combat paypal in situations like this?

How the hell do Charlies combat this ... they deal mostly with paypal ... act like a middle man ... how do they protect them selfs?

Thanks for any imput!

 

[damador]

you cant - if he claim the chargeback - he win - you cant sell gold - its against rules in WOW so in 99 % paypal refund any purchase

 

[Giwin]

"How to sell gold via paypal without being scammed?" - You can't, unless you treat it as a physical product and send a piece of paper to the guys house with tracking.

Lots of reputable buyers won't scam you but trying to find private buyers then you'll run into a lot of scammers, and the element of trust is either on his side (paypal) or yours (western union or an escrow that does cash advance).

 

[brainAbuddy]

none because when there is a problem paypal will always choice the buyers side

 

[Hopp]

Hey thank you all for input.

I like paypal because its convinient. I mean if i would tell my buyers to use Western union ... for ever 10 USD trade ... running to the nearest bank co collect it ... i would spend more on gas money ...

Anyhow i still dont understand how so many gold sellers (chinese or some random ppl) choose paypal as payment method. There must be a catch with it if it would be so easy to reverse payment i bet noone would use it.

As i said so far i havent had any incidents yet ... i am just bothered with that "refund" button next to payment received ... and "no seller protection" info in details of every transaction. And i was thinking What if i spend each month those 500 $$ i earn and then i get disputes on every transaction ... who will cover the money i would potentially loose?


Damn ... in 2014 and we dont have safe payment method for in game items.

 

[DaSoul]

Pretty easy.

I sell it on ebay but i don't sell the gold as the main item. Instead it works somehow like "selling 1cent + as a free bonus i give you 50000 gold. So based on law and ebay rules, the people buy the 1 cent, not directly the gold. I send them the cent in an envelope and once i have the receipt from the post office i hand over the gold. This is idiot proof and nobody ever managed to charge it back and believe me, a lot of people tried.

 

[Hopp]

hehehe DaSoul i though of selling pencils that way ... well at least mailing smth just to obtain tracking number, but problem is its already hard to find a customer ... and then put him trought all the fuss with ebay ... waiting for gold and so on ... if i would even suggest it they would move on to another seller (china boys most likely) and i would lost a customer.

Idk ... i was thinking of selling for prepaid cards and upload funds from there my self somehow ... that would be best method imo.

 

[DaSoul]

I can only speak for germany, but here it is enough, if you can provide a document, that something physically has been sent. So technically you can hand over the gold, send the guy an empty letter, get the tracking number and receipt so you can proof you sent it.

If the guy says he didn't received what he paid for you refer to your documents. Than it's the buyers problem arguing around with buyer protection for virtual items. (he will lose)

 

[Hopp]

@DaSoul:

I got some followup questions
How much does it cost you to send letter via post office and get tracking number?
And can this be done off e-bay? I mean if i get funds directly to paypal and i send out letter after that to his / hers shipping address?
He then gets basically an empty letter which means can he then open a dispute items are not as described?

 

[damador]

selling virtual goods is against paypal policy. as a buyer you need to prove that you send a physical thing nor virtual currency.

 

[damador]

Pretty easy.

I sell it on ebay but i don't sell the gold as the main item. Instead it works somehow like "selling 1cent + as a free bonus i give you 50000 gold. So based on law and ebay rules, the people buy the 1 cent, not directly the gold. I send them the cent in an envelope and once i have the receipt from the post office i hand over the gold. This is idiot proof and nobody ever managed to charge it back and believe me, a lot of people tried.

he could return you the cent and then ask for refund

 

[damador]

Damn ... in 2014 and we dont have safe payment method for in game items.

first of all you cant sell your items as you arnt owner of it. second take a look at real money fail at diablo 3

 

[vanadiumz]

Actually... you're all wrong. Paypal doesn't support protection on virtual items. Sell your gold as a "Virtual game currency" and make sure they put in e.g a username in the paypal note. and the only way they could charge it back is claiming it as an unauthorized payment.