How to Use PayPal to Rip-Off People and Get Away with It.
April 22, 2008 – 4:42 pmIf you’re a merchant using PayPal to process your credit cards, there’s a loophole in the PayPal User Agreement that will literally allow you to rip-off all of all of your customers and get away with it.
Here’s how…
- create a piece of crap software or ebook that does not work
- promote it via pay per click, social networking sites, and SEO
- sell it to potential victims, opps i mean customers
When the customer calls, or emails you for support because your software or ebook doesn’t work, just ignore it. Soon the customer will become frustrated and contact PayPal for help.
And when PayPal contacts you to resolve the problem, ignore them too. Basically, just pretend that you don’t give a damn and they will all go away eventually. This works really well so you need to do this to all of your victims/customers.
Why does it work? Because PayPal is on your side.
Here’s an excerpt directly from their website regarding claims about the quality or attributes of good or services that you’re trying to sell.
“We have completed our investigation of this case. No further action is required by you at this time. We have denied this claim. As stated in our User Agreement, PayPal’s Buyer Complaint Policy only applies to the shipment of goods, not to disputes about the attributes or quality of the goods received. We have noted your claim in the seller’s record. The seller’s account privileges will be limited if excessive complaints are received.”
In short, the PayPal User Agreement gives you (online merchant) an online license to rip off anyone. PayPal does not believe in quality or the satisfaction of their users. There’s only one reason for this lack of customer satisfaction and arrogance from PayPal. PayPal does NOT want to lose the transaction fee that they just made from the victim sending you the money.
Economically, it’s not feasible to service a complaint when they only made “1.9% to 2.9% + $0.30 USD” on the transaction from your victim. With volume, I’m confident that they can help one person get their money from you — the merchant. So the odds are your side this time.
Plus, when you think of the scale of this type of practice by PayPal, it’s in the millions of dollars. Clearly, ripping people off the Internet is a solid business model. If you can create a system that can do the same, I guarantee that you will become a dotcom millionaire too.
Visit this website to read more about why PayPal sucks: http://paypalsucks.com/
Disclaimer: The opinions expressed by this author does not reflect the integrity of this website or the owner of Clay Media Group, LLC. This is purely for entertainment purposes. You are solely responsible for your actions should you choose to emulate the business models outlined in this article. PayPal is a registered trademark. All rights reserved.