Paypal question?

[Homie]

After receiving a payment via paypal, when is it safe to know that the money is yours?
Is there a limit date on which they can chargeback the payment for gifts/payments?

 

[Snowbud]

I was just about to ask this, any answer? :3

 

[RsProd]

I believe there is a 45 day window where ALL payments can be charged-back. After the 45 day mark, I believe it's safe. Your best bet would be to physically contact paypal.

 

[Fendle]

45 days, but payments from CC's I believe have 180 days as the buyer can claim back the money via their credit card company. PayPal don't fight CC companies.

 

[Avitheus]

Its crazy really, you just have to be careful who you sell too.

 

[S]

As RsProd said, best bet is to call paypal. However, I'm pretty sure that once you've transferred the funds into your bank account, those funds are safe.

 

[xDePloY]

EDIT: Reinformed by Videos expertees.

 

Of course, if you cash out to your bank and later get negative balance, that's not good either. If it's a large amount they might contact a collection agency.

 

[Homie]

Thanks everyone, I think I have the basic idea now.

 

[video]

The limit is 180 days for credit-card payments, 45 days for all other forms, although anyone can get around this by just calling their bank or credit card providers. I had a chargeback filed against me more than a year after the payment was sent (thankfully I won)

 

[Dave]

Requested close.