Interac

is it chargeback able? ive only sold via Western union but this interac is quite interesting....

Just curious if its possible for people to chargeback a Interac payment they send you... thanks in advance

 

According to a thread I found on the Bitcointalk forums, it is actually reversible - https://bitcointalk.org/index.php?topic=105555.0

 

wow god damit then... thanks man

 

Sorry man. The only methods I personally know that can't have the money disputed are Liberty Reserve, Western Union and of course, cash through the mail.

 

http://www.sythe.org/showthread.php?t=1401612

Its a lot more secure i'd say then paypal and other easily reversible payment options. Only problem you'll run into is when you're dealing with a stolen bank account which you can take precautions against (Ask for ID, call the person, etc). And unlike stolen paypal accounts, a stolen bank account is a big deal considering how much trouble someone can get in for being caught.

So I wouldn't be too worried about using it, as long as you take precautions to prove the owner of the account is who they say they are.