An increasing number of us are routinely paying for goods with plastic. Using credit and debit cards has undeniable benefits: It allows us to track and manage our spending, it provides automatic proof of purchase, it enables us to collect rewards or points, and perhaps most significantly it gives us some protection against dodgy traders [...]
April 4th, 2009 | Catriona | 0 comments | ContinuedAll Posts Tagged With: "cca"
Protect Yourself When Using Paypal
What Consumer recommends that you only use Paypal when absolutely necessary due to Paypal Buyer Protection limitations .
Where possible use a Credit Card for items over £100 to ensure the transaction is protected by Section 75 of the Consumer Credit Act. This makes the credit card company equally liable if there is a problem. [...]
Paypal Chargeback
When you make a purchase though Paypal you are not covered by section 75 of the Consumer Credit Act and therefore you cannot claim your money back from your credit card provider. However, Paypal transactions are covered by the Visa Debit Chargeback scheme.
When you make a Paypal purchase the corresponding amount is [...]
