Welcome to WebmasterWorld Guest from 220.127.116.11
Forum Moderators: buckworks
hi i know that Paypal gives $10000 guarantee to its buyers but does paypal gives any protections to sellers too?
i gave some services to some one and sent $250 invoice to him but now he is not paying.can i do any thing or just forget the payment
You think PayPal should protect you just because you sent an *invoice* asking to be paid through PayPal?
If you asked him to mail you a check, and he didn't, would you think the Post Office should protect you?
If you asked him to pay you with his MasterCard, and he didn't, do you think MasterCard should protect you?
If you met him in person and asked him to hand you a check which you would deposit at your bank, but he didn't, would you complain to your bank about the lack of payment?
Customer buys a service from you (an intangible).
PayPal confirms the payment. You then provide the service.
Customer claims service never received.
PayPal refunds. Merchant MUST provide proof of delivery according to PayPal, and they only accept UPS, FedEx type confirmation of delivery. If you sell a service, or downloadables with PayPal, you can get stiffed if the buyer knows how to play the game.
On the other hand, if you're selling a service that doesn't take you much time to provide, then you might be able to make more money by letting people pay later, even if a large percenage of them don't pay. If you charged up front you might get 100 customers. If you let people pay later you migh get 150 customers, with 20% of them never paying. You still wind up with 120 customers. Something to think about.
By the way, you can't write off payments you didn't receive for a service as an expense on your taxes. The IRS doesn't allow this because it's too easy to abuse.
If you're unhappy with the poor seller protection offered by PayPal to sellers of services then you can always get a secure server and certificate for about $150/yr. That plus a Merchant Account and you're in business without PayPal.