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Question:
How can a payment from a fraudulent buyer be retracted
through PayPal? Is it a non-existent bank account or a bad
credit card at the other end I have to worry about? Doesn't
PayPal cover that as part of their terms of use?
Answer:
If the card is stolen, you lose the money.
If the card is not stolen but the buyer does a chargeback, it is up to
YOU to prove the product was shipped, arrived at the buyer's address, and is
as described in the auction.
You are only covered if you ship to a verified PayPal address. An
unverified address is useless for PayPal protection.
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