Service providers: if you are using Paypal then you are putting your earnings at risk.
Take a look at Paypal’s terms and conditions and you will see it written in plain text: Paypal will not protect service providers in disputes or chargebacks. I’ve seen people lose up to $18,000 in chargebacks via Paypal, and I don’t want that to happen to you!
In this episode, we’ll cover:
-
How Paypal conducts their dispute investigations and how the deck is stacked against you as a service provider
-
How chargebacks filed directly with the credit card company will make you lose money through Paypal… EVEN IF you’ve already won a chargeback dispute directly through Paypal.
-
When it IS okay to use Paypal, specifically when selling and shipping goods
-
My recommendations for alternative payment processing services that will protect you as a service provider.
What were your key takeaways from this episode? Take a screenshot, add it to your Instagram Stories, tag @andreasagerlaw and let me know!
Sign up for Legalpreneur Text Alerts
Text ‘PODCAST’ to 832.225.3164 to enroll in our Legalpreneur text alerts! You’ll be the first to hear about announcements! Plus, you’ll receive new episode alerts, exclusive giveaways, and more. It also will allow you to chat 1-on-1 with me!
It’s The Final Week to Apply for the Legalpreneur Pro Bono Grant!
In an effort to support small businesses throughout this trying time, my law firm Andrea Sager Law has developed the Legalpreneur Pro Bono Grant. Over the next 5 weeks will be giving away free trademark search and application packages to two small businesses – an $1800 value!
If you own a small business and are interested in this support, then go to andreasager.com/probono to learn more and apply. We would be so grateful to help support you in this time.
Links:
Disclaimer:
The Legalpreneur Podcast is advertising/marketing material. It is not legal advice. Please consult with your attorney on these topics. Copyright Andrea Sager Law 2020.