A question for those that do lots of buy and sell online
 

Ok, so here's what's going on. My brother sells a lot of virtual currency, so he is often not protected from customers doing forced refunds because it is not a tangeble item. So I was wondring is there a website like paypal that does similar functions but have a more seller based securties as opposed to buyer security like paypal. If the question is unclear please ask me to clarify.

get a real merchant account and charged customers credit cards directly
www.paypalsucks.com

whats virtual currency?

I guess it'll have something to do with mmorpg items/currency like wow or something.

wow there's a market for "WOW points"??

is it like $1 = 1 point??

you pay for gold

My brother does have a merchant account, but what happens is that the customers just claim that their account is hacked and than my brothers money will get drained. I'm pretty sure he charges them directly, (Through one of those shopping cart things). So i guess that pretty much sums up my biggest concern with whatever site that we want to use. We need a site where the buyer cant just bullshit around and tell paypal that they got hacked, and get their money back which is what they have been doing up till now.

Back in the day when I sold Everquest currency, I would either sell to people with decent feedback, or talk to them on the phone first. It cut down being scammed quite a bit. After awhile, I didn't have to worry too much since most of the business was repeat or referrals.

Me and brother did that for a while. The thing is, what the person did was change the number on the paypal account to another number, called from that, and than still reported it!

i was kind of hooked on wow for 3months and it got real boring real quick so i bought some gold and dumped it on the auction house for pets and after that i quit wow;) so retarded


anyhow your brother should be able to succesfully dispute everything through paypal if he took some precautions like documenting his transactions and maybe screenshotting or recording the exchange in-game :/

you can sell something like a WoW action card with a gift of xxxx amount of currency (amount you're selling). then mail the card to the person registered mail. when anything gets disputed, show proof of mailing (the card) and then i think paypal should give you your money.

It's funny how your brother is looking for protection...

Under any MMO's agreement, selling virtual coin is a violation and a banning.

Yet you want protection? =P

I just find it funny.

american sellers mail the code or receipt to the customer's confirmed paypal address because we can have a tracking # for like $0.18 on top of postage so it's like $1.50 per transaction but you can add that to your purchase price. but in Canada there is no tracking # system with Canada post, the cheapest is expediated mail which starts at $10 to USA. within BC it is $5, to quebec starts at $10.

^ thats good to know

anyhow your brother should be able to succesfully dispute everything through paypal if he took some precautions like documenting his transactions and maybe screenshotting or recording the exchange in-game :/[/quote]
We take the precautions you talk about, but Paypal does not view those as evidence.

I think we're going to look into this. Thank you for your input. Have you personally tried this method ?

Well, between the millions of dollars that they make, we just take a cut. I don't think its that bad XD. My brother makes a living off this stuff.

That is some good information. I think we might start utilizing this.

How much does your brother get a month if he does this for a living!!??

the time i sold my old accnt I didnt have to do a dispute so i dont know if it'll work.

however, my friend opened a company selling engines and had to dispute A LOT of bum buyers like this, by showing proof of shipment.

I just assumed that since showing proof of shipment for your item helps you win your dispute, shipping a card or whatever is good as long as that's the actual item you're selling. making the virtual currency as a 'gift' but not the actual product would be a sort of loophole to ensure your 'proof of shipment'.

i've never encountered a bum buyer, i just used my friend's experience as an idea and thought of this.