[Choff5]

Dont deposit money into paypal, use it straight out

 

[PattiB]

Maybe, but I always drove up to 700 kms round trip for something I REALLY needed when I lived in a regional area.

Really veggie? Try living in Tasmania, you could drive around the entire state & still come back with absolutely nothing!

 

[Luckyus]

If I use PayPal I transfer the amount into an account used for o/seas payments.

 

[Isis]

Thanks for the heads up.

 

[freedy50]

I always use PayPal when the option comes up for paying. My sign in is recognised straight away on my phone, laptop etc so it's much easier and goes through straight away.

Better then fiddling about with finding debit card number, expiry date CVC number.

 

[rehandra]

I only use credit card...so far so good.

 

[June E]

I've used Paypal for years, they're great until you have a problem. I'm looking at alternatives. Any suggestions?

If you have an iPhone use Apple Pay

 

[Steve Russell]

I have never used Paypal, but keep getting sent information my Paypal account needs to be renewed,
I send to scam and block

Someone is trying to scam you, I also have received several emails and messages stating similar, so you are doing the right thing.

 

[June E]

Dont deposit money into paypal, use it straight out

But you still have your bank acc details online

 

[June E]

Did PayPal reimburse you ?

 

[JimmyFlatrock]

Did PayPal reimburse you ?

I don't think he lost any money.

With little detail provided, it seems PayPal alerted him to an issue with his Bank plastic card account. The card was cancelled as a consequence. How all it all happened is anyone's guess, but he is suggesting PayPal is at fault somehow.

It's hard to string it all together without more detail.

 

[glngpermbookkeeping@bigpo]

Thankyou for that information.
I have had the same experience with PayPal hackers.
Fortunately I haven't lost any money but I have been threatened with legal action over an outstanding account I was supposed to have paid, but didn't.
Ray.N

 

[minoguej1]

Hope this is a one-off hack, have used PayPal as long as I've had a mobile phone.

 

[Ebby]

That's a very good additional idea. Thanks.

l also use a certain bank for automatic payments which has just enough money in to do this. l use paypal sometimes but l never have any fee from them so how come they can keep going?. Logic tells me it must come from the seller but if l'm the one using paypal it doesn't make sense.

 

[PUSHP]

Thanks Gezabel for the message. We always use Pp for our payments. Will be more careful henceforth.

 

[Veggiepatch]

Really veggie? Try living in Tasmania, you could drive around the entire state & still come back with absolutely nothing!

Bundaberg to Brisbane is about 700 kms round trip.

 

[Veggiepatch]

From the original poster:-

I have been hacked. Someone in Canada. I only use a debit card, but the scammers tried to spend 2,000uS on my account.

Why didn't the scammer use Canadian dollars?

 

[JimmyFlatrock]

l also use a certain bank for automatic payments which has just enough money in to do this. l use paypal sometimes but l never have any fee from them so how come they can keep going?. Logic tells me it must come from the seller but if l'm the one using paypal it doesn't make sense.

Initial logic thought is spot on Ebby.
It's what I thought as well, but just to be certain I looked into it a bit further. This is what I uncovered that may help your understanding of the process of how Paypal makes money.


PayPal primarily makes its money by charging transaction fees to businesses and merchants who use its platform for processing payments. As a consumer, when you use PayPal to make purchases, you are typically not charged a fee. This is because the fees are usually borne by the merchants or sellers who use PayPal as a payment gateway.
Here’s why:

• Merchant Fees: Most of the fees charged by PayPal are for merchants using its platform. In these cases, PayPal is offering its services as a payment gateway to merchants, to help customers enjoy a smooth checkout experience. These fees cover operating expenses and generate profit.
• Consumer Transactions: When it comes to basic transactions, like sending or receiving money between PayPal accounts within the US, (and Australia) the payment transfer platform is free. However, if you’re buying or selling cryptocurrencies, sending money internationally, or making transfers from a credit card, PayPal fees will apply.
• Fees are also charged on currency conversions, cross-border transactions, fund transfers from customers’ PayPal or Venmo accounts to their debit cards or bank accounts, cryptocurrency transactions, and other miscellaneous fees

So, while PayPal doesn’t typically charge consumers for making purchases, they do charge fees in certain situations. These fees are a key part of their business model and help cover the costs of providing their services.

It's not just Paypal. When banks etc charge merchant service fees as well as transaction fees, for using the banks eftpos machines it does prompt smaller merchants to charge a transaction fee on top of the purchase amount for a consumer to pay. That is a choice merchants have to make in this price sensitive tough world they operate in.

 

[Ebby]

Really veggie? Try living in Tasmania, you could drive around the entire state & still come back with absolutely nothing!

Don't agree Tasmania is beautiful and has lots to offer.l've lived in Launceston and now in Hobart and love them both.

 

[Ebby]

Initial logic thought is spot on Ebby.
It's what I thought as well, but just to be certain I looked into it a bit further. This is what I uncovered that may help your understanding of the process of how Paypal makes money.


PayPal primarily makes its money by charging transaction fees to businesses and merchants who use its platform for processing payments. As a consumer, when you use PayPal to make purchases, you are typically not charged a fee. This is because the fees are usually borne by the merchants or sellers who use PayPal as a payment gateway.
Here’s why:

• Merchant Fees: Most of the fees charged by PayPal are for merchants using its platform. In these cases, PayPal is offering its services as a payment gateway to merchants, to help customers enjoy a smooth checkout experience. These fees cover operating expenses and generate profit.
• Consumer Transactions: When it comes to basic transactions, like sending or receiving money between PayPal accounts within the US, (and Australia) the payment transfer platform is free. However, if you’re buying or selling cryptocurrencies, sending money internationally, or making transfers from a credit card, PayPal fees will apply.
• Fees are also charged on currency conversions, cross-border transactions, fund transfers from customers’ PayPal or Venmo accounts to their debit cards or bank accounts, cryptocurrency transactions, and other miscellaneous fees

So, while PayPal doesn’t typically charge consumers for making purchases, they do charge fees in certain situations. These fees are a key part of their business model and help cover the costs of providing their services.

It's not just Paypal. When banks etc charge merchant service fees as well as transaction fees, for using the banks eftpos machines it does prompt smaller merchants to charge a transaction fee on top of the purchase amount for a consumer to pay. That is a choice merchants have to make in this price sensitive tough world they operate in.

Thankyou Jimmy that was very nice of you to look it up for me.