Another Paypal success story, as a followup to Rand’s post from 2008 here: How I Got My Money Back From Paypal.
I was able to get my money back from Paypal after losing an unauthorized purchase dispute. I had two charges come through my Paypal account that triggered an automatic withdraw from my bank account since there wasn’t any money in my Paypal. My bank account was the first backup funding source. My bank would not dispute the charges because it was not a charge made on my debit card using the “credit” feature. Only debit card purchases made with the “credit” feature are covered by fraud protection. All other transactions, you are just out of luck. Not sure if this is true for all banks, but it is for Bank of America. I’ve always known about using the “credit” Continue reading