Quote:
Originally Posted by CFrance
I'm going to sound redundant, but I'm asking anyway. For instance: My niece asked me to sponsor her two kids in a danceathon to raise money for a music teacher and field trips for her kids' school. The link was through paypal, and I used my visa. does that mean if there is a problem (school overcharging or being hacked, etc.,) I cannot go back to Visa for restitution? Doesn't paypal have some level of protection? I thought they did, or used to.
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Yes, paypal has there own, private resolution process, that may satisfy you if you have a problem. But, my point is that, by paying paypal using a Visa card, the only issue you can raise with your bank and Visa is whether or not paypal actually paid the money to the school. On the other hand, had you paid the school directly with a Visa, then you could dispute the charge with your bank within 60 days, and then, the bank would be required to immediately credit your Visa account and conduct an impartial investigation of the issue directly with the school. This process is mandated by Federal banking laws. I believe that some merchants use paypal as a credit card middleman because they do not want to follow the Federal banking dispute resolution process.