Hi Jacob, thanks for sharing that thought with me but unfortunately I have a few excerpts taken directly from PayPal correspondence that refute that notion. Read as follows:
"Reason for Dispute:
Non Receipt
Date of Complaint:
Aug 1, 2003
Status:
Waiting For Seller's Response
Status Details:
We have notified the seller of your complaint.
The seller has 10 days to respond to our inquiries. We have asked the seller to resolve this complaint in one of 3 ways:
Provide you a full refund for the amount of the disputed transaction
Provide tracking information that proves delivery to your Confirmed Address
Provide proof of a previously issued refund
If the seller has not responded to our inquires by Aug 11, 2003, we will attempt to recover the full amount of the disputed transaction. Please allow at least 30 days from the date you filed your complaint for completion of this process. If we are unable to recover the full amount, we will take action against the seller's account until the complaint has been resolved.
No further action is required of you at this time. You will receive an email notification when this case has been resolved. In addition, you can always return to this page to check this complaint's status. "
"Our investigation will be made on a best-effort basis and PayPal
does not guarantee funds recovery. For more information about our
Buyer Protection Policy, see the PayPal User Agreement at:
http://www.paypal.com/cgi-bin/webscr?cmd=p/gen/ua/ua-outside
Sincerely,
PayPal Complaint Resolution"
Really makes me have a warm fuzzy feeling toward PayPal and all the crap they spew about being verified. More crap is the way that they are always claiming that you can instantly pay someone if you are verified. I`m currently waiting `til August 6th for funds to clear on a non-eBay transaction between two verified PayPal members, myself and another gentleman. Oh well, it`s not going to change my life.
Russ