I' m out $118

I ordered a remote transmitter online yesterday and paid via their pay pal account.
Got an email from the seller this morning stating my order was cancelled due to Sellers website and pay pal account being hacked.
I apparently send money into the hackers account.
The money was paid out by pay pal and had been cashed right away.
Now i'm out 118 bux and no transmitter :shock:

Pay pal should be covering that, That's why they
exist, to prevent fraud.

I bought some stuff that seller was removed. I received a refund to my paypal account. I would guess the same will happen for you even though you may have to call paypal.

Do you settle your pay pal account monthly with a credit card? That would give you an extra level of protection. I suspect that you'll get satisfaction from pay pal, but if not, they would have a tough time defending their position to a credit card company. You might have a hassle you didn't need on your hands, but I doubt that you'll lose the $118.

Stan

Tell paypal they'll refund you.

Paypal will likely cover you, but a backup
might be your credit card/debit card if paypal
is tied to it, unless it was paid out of paypal
balance. I purchased a used auto part (fender
for a pickup) a few years ago (not on ebay or
paypal), and the seller packaged very poorly
(plastic wrap only) and was either damaged in
shipment or damaged prior to shipment (or
both), and the seller wanted me to take care of
arrangements with Fed Ex to file for insurance,
even though he was going to obtain the
insurance money, and I would have to wait until
he received to refund me. Rather than hassle
with that I contacted my credit card and filed
a claim against them, documenting the issue.
They had a few days or a week to respond and
defend against it, which they did not do, so
the charges were reversed. I did inform the
seller he was welcome to have the damaged item
picked up at his expense, and I would happily
ship in the exact same plastic wrap in which I
received. I still have the item sitting in my
scrap pile. I hope he learned something from
the experience, but somehow I doubt it.

I contacted paypal and they are looking into it.

I worried about something like that happening to
my pay-pal. I only buy off ebay, never sell. So I
removed my checking account from pay-pal. My
credit cards are tied to pay-pal. So is it
possible that hackers could still do me damage?

While at the bank, I asked manager, whom I've
done business for decades, what would happen if I
had a debit card, it was hacked and they drained
my checking account. She said I would have to go
after the people who hacked me. I now, some of
you will say the bank will stand behind you.
Please stop knocking on wood and ask your bank.
Some banks may stand behind you, but they are not
required. Again, ask you bank how you stand. The
bank told me, if my checking is hacked they are
responsible, not me.

BTW, I don't have a debit card.

Geo, I think PayPal must be really secure. If any company could be as bombarded with fraudulent deals as PayPal, and to my knowledge have never been hacked, they must be doing something right.

As far as the bank telling you you would have to go after the debit card hackers, probably what they mean is you would have to be willing to press charges against them. I suspect a majority of hack jobs are family members, friends, and set-ups, trying to defraud the bank, or come right down to it, unwilling to have a family member arrested.

We have a debit/credit combination card. A couple of times the bank has called and asked about purchases. It seems that someone had somehow gotten our number and was using it on line at 3:am. The bank issued us a new card, and we never lost one cent.

Dusty

Steve,
I see absolutely no reason to have a debit card. I go to the bank to deposit rent checks. If I need cash, I'll get it then.

I don't write checks either. Everything I buy, except for a few bucks for a sandwich, I put on a credit card. All my cards are set up for auto pay. I have never paid a late fee, never paid interest one. Instead all my cards pay me for using them, $100's per year. Do debit cards pay you for using them? Credit cards also give me a back up copy for business expenses.

My credit cards are on lifelock, which may not be required. Once a credit card company call and said there was a $.99 fraudulent charge.

So, why would I want a debit card? Never had one, never will. I don't know of any business that won't take plastic.

Hi George;

Years ago I learned from listening to the consumer advocate Clark Howard on the radio that debit cards have very few of the protections that all credit cards have. A related matter is that most debit cards have Visa or MasterCard logos on them, and can be used in transactions as credit cards rather than as debit cards. Using one this way provides you with all the lack of protection of a debit card, and none of the protection of a credit card. Clark Howard used to call them "fake credit cards." When a caller would say that they had been cheated by an online seller in a transaction in which they had used the credit card feature of their debit card, Clark Howard would regretfully inform them that they were probably SOL. If, on the other hand, they had used an actual credit card he would be able to tell them that they weren't going to lose any money---time, maybe, but not money.

People worry about the security aspect of online purchases using a credit card, but the truth is that a person would have to be incredibly negligent to lose money that way. They would have to let months go by without reporting unauthorized transactions to actually lose any of their own money, and even then the amount is limited to something like $500.

Stan

I asked the bank manager if they could block our accounts from electronic withdrawals and he said that it can't be done. If they can't block electronic withdrawals at the depositor's request, shouldn't they make good on any unauthorized withdrawals????

A few years back I had gotten a CC machine to help out customers who needed to charge the work they had done -vs- paying me directly. Funny, but I never even used the machine as no one wanted to use their cards after I got it.....although all I had heard for several years before was, "Do you take cards?".

The machine was "fee free" with the only thing to be paid being the percentages on the cards. Needless to say I was surprised and more than a bit angry when I found they had debited me $200 in 'fees', due to some new "Government regulation".

I proceeded to send them the machine back and went to the bank to withdraw their ability to touch my account again. The guy told me I couldn't restrict access to my account after it was given...........My response was if I couldn't control access to my account, I could dang sure close it...so go get my money out of the safe, and good luck to them getting anything else from me from that point on......I hated closing an account after nearly 20 years with the same bank, but it's MY money, and I'll say who has, and doesn't have access to it....

(quoted from post at 22:06:31 02/28/15) A few years back I had gotten a CC machine to help out customers who needed to charge the work they had done -vs- paying me directly. Funny, but I never even used the machine as no one wanted to use their cards after I got it.....although all I had heard for several years before was, "Do you take cards?".

The machine was "fee free" with the only thing to be paid being the percentages on the cards. Needless to say I was surprised and more than a bit angry when I found they had debited me $200 in 'fees', due to some new "Government regulation".

I proceeded to send them the machine back and went to the bank to withdraw their ability to touch my account again. The guy told me I couldn't restrict access to my account after it was given...........My response was if I couldn't control access to my account, I could dang sure close it...so go get my money out of the safe, and good luck to them getting anything else from me from that point on......I hated closing an account after nearly 20 years with the same bank, but it's MY money, and I'll say who has, and doesn't have access to it....

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don't blame you one bit, i would give them the finger too...with both hands!.

Couldn't you just open another similar account at the same bank but with a different account number and move your funds into it?