rotor- shark Veteran Location: uk
| they can take the money out of your bank account,it's in the agreement,but like anything they need a good reason,they're not stupid.if the money is still in your paypal account then it's money that doesn't legally exist,it's just credit,and they may govern the terms of it's use.i believe the term is "electronic money".but once the money is transfered into a bank account,it becomes real money.they can take the paypal money a hell of a lot easier than they can take the bank account money.paypal needs to be sure that if they take the bank account money,that they will have some LEGAL evidence to back up their actions if the person takes them to court.they don't really need this if it's paypal account money because the money is still in the system,and still the governed by paypals issue terms.if for example somone makes a complaint about not recieving the stuff they paid for,and paypal get no response from the seller,no matter how hard they try,they they will take the money back out of the sellers bank account without hesitation,that's all the evidence they need,he didn't respond.but if on the otherhand the seller responds and argues a "grey area" then it is possible that paypal may not wish to get involved if they can help it.remember-they will do anything for an easy life.
all comments are my opinion only! |