Trusting a website with paypal logo on it

azkidd
Contributor
Contributor

I recently went to a website and some of the things on there our to good to be true. And I noticed paypal accepted as payment. question is since paypal is offered on this website is it trustworthy or no? Place I am talking about is Dreammhouse.com

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kernowlass
Esteemed Advisor
Esteemed Advisor

@azkidd 

 

No, course not. It would be impossible for paypal to vet every seller / merchant / website worldwide that adds paypal as a payment processor to receive funds.

 

I would set up a website in about 30 minutes > add stolen lovely pictures > set really low prices > then by the time I have scammed thousands and the paypal disputes/claims roll in I could close that website down and set up again on another name.

 

 Paypal gives you some buyer protection but its not an insurance policy so you need to read up on it and see what it does and does not cover you for and then risk assess your own transactions, AVOID THESE...........


Chinese Web Sites or on Facebook easy to spot (once you know the below signs) so buyer beware.

1. No return address on the returns policy............thats because the site will look as if its in your country (where they despatch goods from) BUT they will ask for returns to go back to China (returns depot) at a shipping cost nearly always more than the item is worth.
2. No contact telephone number............if you click on contact the most you will get is webmail or an email address.
3. No company address information.
4. Great looking items at bargain prices that turn out to be tat.



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Kudos / Solution appreciated.

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kernowlass
Esteemed Advisor
Esteemed Advisor

@azkidd 

 

No, course not. It would be impossible for paypal to vet every seller / merchant / website worldwide that adds paypal as a payment processor to receive funds.

 

I would set up a website in about 30 minutes > add stolen lovely pictures > set really low prices > then by the time I have scammed thousands and the paypal disputes/claims roll in I could close that website down and set up again on another name.

 

 Paypal gives you some buyer protection but its not an insurance policy so you need to read up on it and see what it does and does not cover you for and then risk assess your own transactions, AVOID THESE...........


Chinese Web Sites or on Facebook easy to spot (once you know the below signs) so buyer beware.

1. No return address on the returns policy............thats because the site will look as if its in your country (where they despatch goods from) BUT they will ask for returns to go back to China (returns depot) at a shipping cost nearly always more than the item is worth.
2. No contact telephone number............if you click on contact the most you will get is webmail or an email address.
3. No company address information.
4. Great looking items at bargain prices that turn out to be tat.



Advice is voluntary.
Kudos / Solution appreciated.
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azkidd
Contributor
Contributor

Thank you for quick responce and I knew was fradulant when I seen it, just wondering why would there be a paypal logo on it. Have a good day and thank you again

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