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How To Avoid Being A Victim Of Ebay Buyer’s Fraud.

By: sharon tribelsky

From everything you’ve heard regarding the risk of fraud on eBay, you would possibly assume it’s solely buyers getting scammed – but you couldn’t be more wrong. Here are some common scams that sellers fall for every day.
The Rubber Cheque.
This one clearly isn’t limited to eBay – it’s been going on for years in all types of business. It works favor this: a buyer sends you a cheque that they don’t have the funds to hide and you pay it in your bank. You then send the products immediately, only to get out out a few days later that the cheque bounced.
The solution to this is straightforward: don’t send something to a buyer until their payment has cleared, no matter how quickly they may say they have it. Advise them to pay electronically if they don’t want to attend so long for their items. Then again, if your items are quite small, you may solely take the loss from an occasional bounced cheque. Think of it as a small value to pay for faster and higher client service.
‘I Never Bought Something!’
This is often one of the riskiest scams to fall victim to. During this case, the mastercard’s real owner still has management over it – no-one has stolen their details. They need realised, but ,, that they'll phone up the bank who issued their card to say that it’s getting used fraudulently and they never bought any such issue, and that the bank will typically reverse the transaction while not even investigating. The only manner to beat this scam is to make all your sales through eBay, as they keep a record of transactions.
The Unconfirmed Address.
It's quite easy to steal PayPal accounts from inexperienced users: all you would like, when all, is their email address and password. PayPal tries to safeguard against credit cards registered on stolen accounts being employed to shop for things by listing a ‘confirmed address’ for each buyer – an address that matches what is registered with their mastercard issuer.
What several scammers can do is raise you to ship to a completely different address – unless you’re terribly certain of them, this will be a dangerous plan, as they may be trying to commit mastercard fraud. Be especially suspicious of anyone who desires to pay a better value and acquire overnight shipping, particularly if not even to the same country because the confirmed address. The fraudster is making an attempt to create certain the item reaches them before they're discovered.
It’s up to you to take responsibility for fraud on PayPal, as eBay’s favorite manner to refund fraudulent payments to their rightful owner is to simply reverse it from you! This can be though of an occupational risk of PayPal usage, and sellers who get burned severely generally go as so much as moving to a rival electronic payment service. See http://www.nopaypal.com for more.
In the next email, we tend to’ll take a nearer examine PayPal, and ask: should it be the sole reasonably payment you settle for?

Article Source: http://www.gambling-articles.org

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