Forum Discussion
beemerphile1
Aug 14, 2014Explorer
MEXICOWANDERER wrote:
...PayPal defrauded me. I do not like to be defrauded.
Go to PayPal
TRY AND FIND A FAQ page that explains how pay after delivery works. Legal terms, any explanation. 2nd grade English. Anything, anywhere....
You weren't defrauded, you just don't understand what you agreed to.
PayPal Pay After Delivery
What is Pay After Delivery?
Pay After Delivery gives you 14 days for your item to be delivered before you pay for your purchase. There's no cost to you - because the money is deducted from your bank account, there's no credit check and no credit card fees.
How it works
Click the "Enroll" button to sign up for the Pay After Delivery service – there is no cost to you.
Add and confirm your Bank Account so that you can take advantage of Pay After Delivery.
PayPal will pay the seller immediately, but will not deduct the money from your bank account until 14 days later.
We'll send you a reminder email four days before we deduct anything so you won't find any surprises.
Looks to me like it clearly states the money will be taken from your bank account.
It also appears to offer zero protection to the buyer because the seller is paid immediately and PayPal essentially 'loans' you the money. It isn't really "Pay After Delivery" in actuality it is 'Buy Now and Pay Later'. They simply loan you the money for 14 days.
I think you misunderstand what you signed up for.
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