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I found a way how to stop PayPal chargebacks!

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bizman

Corporate Services
I haven't tried this method, but I think it just might work.


Okay, so once you've received payment, withdraw it to your bank account, then remove your bank account from your PayPal account, and close your PayPal account! That way, there's no chance the scammer can chargeback as you would already have the cash and no PayPal account!
 

TRX

Corporate Services
Mentor Group Gold
Elite Member
so always open new account? troublesome.


find some paypal replacement. no chargeback and low fees.


now i using ikobo.
 

drillbill

Offshore Agent
Entrepreneur
Haha,I think you are just inviting trouble if you do that
 

wildy

Offshore Agent
And why close you Paypal account?


All you have to do is contact you bank and tell them that Paypal has no right to remove money from your account any longer.


And use your credit card at Paypal.
 

andrew25

Offshore Agent
I don't think this is a great idea. Because everytime you close and open a new account you have to add a new bank account to it because PayPal doesn't accept the same bank account twice, I had experienced this thing on my own.
 

rinky9888

Offshore Agent
its a creative idea but i dont think its good enough and does not work with lot of people.Everytime closing account after withdrawl is something not digustive.
 

louise31

Offshore Agent
That all seems like a lot of effort when all you have to do is contact your bank and inform them not to release any money!
 

rkbehera1

Corporate Services
Business Angel
This is not the right way to get ride of Paypal charge back.More problems will be created.Even after deleting Banking Account details from Paypal account, your data relating Banking details are still on Paypal data base.So if somebody follows this method to avoid charge back, he/she can be easily caught.I know many false PTC website owners are doing that,So most of their Paypal Accounts are locked or some percentage of funds are not allowed to be withdrawn.
 

SiddFisher

Corporate Services
Business Angel
Its gonna be foolish if you close your paypal account everytime. You'll run out of bank accounts and then you'll never be able to signup in paypal again. I don't think you wanna do that.
 

dilip1456

Offshore Agent
Well adding a bank account itself ir tiresome and i lost almost 5$ in the process once when i did it for the first time. The best thing, like they say, to do is preventing people from getting your a/c details. Why delete each time?
 

Mockingbird

Offshore Agent
There are better ways to go then using paypal on your sites, shop around. Your method seems like alot of work to begin with. Maybe your customers are all one shot deals? Try building customer loyalty for better profits
 
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