Big Kid
Mouseketeer
- Joined
- Nov 14, 2006
- Messages
- 221
Sammie, I did not mean to suggest that PayPal itself would offer protection to a renter. Instead, PayPal would merely be a means by which a renter could pay an individual via credit card instead of via personal or certified check. It appears that the credit card issuer could issue a chargeback to PayPal--at its own discretion to be sure--if a card holder claimed fraud in a transaction, and that PayPal would subsequently take action against the seller.
Here is a quote from PayPal's User Agreement found at:
http://www.paypal.com/cgi-bin/webscr?cmd=xpt/UserAgreement/ua/USUA-outside
4.5 Risk of Reversals, Chargebacks and Claims. When you receive a payment, you are liable to PayPal for the full amount of the payment plus any Fees if the payment is later invalidated for any reason. This means that, in addition to any other liability, you will be responsible for the amount of the payment, plus the applicable Fees listed in section 8 of this Agreement if you lose a Claim or a Chargeback, or if there is a Reversal of the payment.
You agree to allow PayPal to recover any amounts due to PayPal by debiting your Balance. If there are insufficient funds in your Balance to cover your liability, you agree to reimburse PayPal through other means. If a sender of a payment files a Chargeback, the credit card issuer, not PayPal, will determine who wins the Chargeback.
Again, I don't have personal experience in this area so this suggestion is FWIW.
Here is a quote from PayPal's User Agreement found at:
http://www.paypal.com/cgi-bin/webscr?cmd=xpt/UserAgreement/ua/USUA-outside
4.5 Risk of Reversals, Chargebacks and Claims. When you receive a payment, you are liable to PayPal for the full amount of the payment plus any Fees if the payment is later invalidated for any reason. This means that, in addition to any other liability, you will be responsible for the amount of the payment, plus the applicable Fees listed in section 8 of this Agreement if you lose a Claim or a Chargeback, or if there is a Reversal of the payment.
You agree to allow PayPal to recover any amounts due to PayPal by debiting your Balance. If there are insufficient funds in your Balance to cover your liability, you agree to reimburse PayPal through other means. If a sender of a payment files a Chargeback, the credit card issuer, not PayPal, will determine who wins the Chargeback.
Again, I don't have personal experience in this area so this suggestion is FWIW.