PayPal, owned by eBay, is a great way to send payment for eBay items or just about anything purchased on the Internet. Within minutes, you can send payments around the world. However, PayPal also has its fair share of critics and members who disagree with their policies and agreements, especially when a decision goes against the complaining member or they lose to online fraud.
Using PayPal, you can choose to pay for your item or service in a number of ways. The most popular method is by using any balance you have in your PayPal account. It is created by other members sending you payment for eBay or other items. Alternatively, once you have registered your bank account and any debit or credit card with PayPal, you can choose to pay for the items using these options.
The most secure way for members to pay for items with PayPal is to register a credit card and finance all payments through it. Because, paying through a credit card normally provides an extra level of security in case things go wrong.
In most countries, credit card companies are partially or fully responsible if something goes wrong with a transaction and are actively involved in resolving any issues or making a full chargeback. So the money is returned to your account. Even if you enter into a dispute with PayPal and lose, you can still dispute any transaction involving your credit card company.
However, PayPal doesn’t make it easy for you to pay using a credit card if you already have a balance in your account. Payment is usually made from the PayPal balance first, and then either from a backup source (bank account or credit card) if the funds are not sufficient to pay for the entire purchase.
To pay off the entire purchase, you must pay any remaining balance through your credit card. You can do this by sending payment to a non-existing email address, or to an email address that you own but is not registered with PayPal.
Your balance will be cleared as soon as you do this, and you can now choose funding options such as credit cards. In the meantime, PayPal will have sent an email to the non-existing or change email address telling them they have a payment pending and how to open a PayPal account.
Now that your payment is complete, all you have to do is log back into your PayPal account, find the transaction to the non existing email address, and click Cancel. Your payment will be refunded back to your account as it has not been claimed.
PayPal is great and a great resource to use, but it always helps to have a little extra security when buying things online.