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Help With Domain Sale (Question About Paypal)

by GeorgR.
1 replies
Yes I know that for high value items such as domains for over $1000 Escrow would be the way to go.

However, I read a tip by fellow warrior Suzanne/sbucciarel.

What she said is for domain sales below $1000 you may use Paypal but hold the domain in your domain account for 60 days while pointing the nameservers to the buyer's one.

After 60 days, you can release the domain and finally give/transfer the domain to the buyer.

Reasoning: After 60 days passed, a buyer cannot reverse a paypal payment anymore.

My question is whether a buyer COULD, even after 60 days, still claim that their credit card was stolen etc. and reverse a paypal payment?

Is a paypal payment after 60 days FINAL?

(The domain I am selling is under $1000, by the way)
#domain #paypal #question #sale
  • Profile picture of the author Steve B
    GeorgR,

    When someone pays with PayPal they are typically charging a credit card or a bank account. Not always, because the buyer could have a balance that PayPal is holding and take funds from that.

    I would think that the answer to your question depends upon where the funds came from. If they came from a credit card through PP, then you'd need to find out what their chargeback window length of time might be. The buyer might have just 60 days to work through PP for a refund, but he could have a year or two with the credit card company.

    I don't think there is a clear cut answer to your question - it will depend upon who is ultimately handing over the funds through PP.

    Good luck to you,

    Steve
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