Does PayPal cover semi-large investments?
davidrazd
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Posted on
Jul-13-2018
01:59 AM
Hello,
I was considering issuing a semi-large investment of $750 and I was wondering if I am able to produce the legal contract that was signed between both parties (in the event of a violation) if I would be covered in a G&S chargeback. Essentially, are investments covered by paypal's customer protection?
Thanks in advance
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kernowlass
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Jul-13-2018
02:02 AM
Ineligible items and transactions under PayPal’s Purchase Protection program
Payments for the following are not eligible for reimbursement under PayPal Purchase Protection:
- Real estate, including residential property.
- Financial products or investments of any kind.
- Businesses (when you buy or invest in a business).
- Vehicles, including, but not limited to, motor vehicles, motorcycles, caravans, aircraft and boats.
- Significantly Not As Described claims for custom-made items.
- Donations including payments on crowdfunding platforms.
- Items prohibited by the PayPal Acceptable Use Policy.
- For Item Not Received claims, items which you collect in person or arrange to be collected on your behalf, including items bought in a seller’s store location.
- Industrial machinery used in manufacturing.
- Anything purchased from, or an amount paid to, a government agency.
- Stored value items such as gift cards and pre-paid cards.
- Gambling, gaming and/or any other activity with an entry fee and a prize.
- Payments sent using PayPal’s friends and family functionality.
- Payments sent using PayPal to any bill payment service.
- Payments made using PayPal Payouts and Mass Pay or guest checkout transactions (i.e. not sent using your PayPal account).
Advice is voluntary.
Kudos / Solution appreciated.
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