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  • PAYPAL ADMITS… DO NOT USE US FOR NON-PHYSICAL ITEMS!

    Posted on May 6th, 2010 imveritas No comments

    This is a rarity that I post 2x in the same day. I am too busy doing to write.

    I am making an exception, since millions of buyers are trusting PAYPAL and having ‘false-sense’ of security that like their bank or credit card. If there is a problem PAYPAL will be their ‘knight in shining armor’

    COMPLETE AND UTTER BULLSH*T!!!

    ———————————————-

    I just got done with a 45minute talk with PAYPAL that was escalated up 3 levels.

    To sum it up and each level at PAYPAL told me this…

    IF YOU GET A NON-PHYSICAL PRODUCT . PAYPAL CAN NOT CONFIRM OR DENY RECEPTION AND THEREFORE CAN NOT… I REPEAT… CAN NOT REFUND A DISPUTE!!!!!

    EVEN IF THE SELLER DOES NOT RESPOND TO YOU OR PAYPAL !!! it will be YOUR LOSS!

    So, any services, course, e-books, hosting… etc. etc. ARE NOT COVERED BY REFUND VIA PAYPAL!

    IF YOU CAN NOT HOLD IT, PUT IT IN A WHEELBARROW OR MOVE IT WITH A CRANE OR CONTAINER SHIP… YOU ARE S.O.S. if you have an issue.

    Stick with AMEX or your Major bank (though they can also NOT back you) if you buy ANYTHING you think you may want a refund on or have an issue with and even then. Contact them ahead of time and ask them their policy on refunds on non-physical items IE: service, ebooks and training.

    PAYPAL IS NOT MEANT FOR DIGITAL PRODUCTS OR SERVICES (these are their own words)

    You have been warned. Have a nice day :)

    IMV

  • Diversify or Die!

    Posted on April 1st, 2010 imveritas No comments

    Happy Fools Day…

    NOW DONT BE ONE !!!

    If you put all your eggs in one basket. Don’t be surprised if you lose the whole hen house.

    It amazes me that people still gamble with fate with their lively hood.

    Time and time again I find that  ‘putting all your eggs in one basket’ is not just gambling, but plain stupid!

    In the movie “Days of Thunder” Nicole Kidman’s character chastised Tom Cruises character for taking “stupid risk.” Saying, “How arrogant men are to think they can control things that are far beyond their control.” As he lays in the bed broken after a horrific crash.

    Hosting, offers, traffic, networks and methods. ALL of them can go down or change and usually WITHOUT NOTICE!

    I just lost 2 days, because I gambled on the 100% uptime of a leading Hosting company and they failed and failed again.

    Luckily, I have spread my business out over 3 different hosts and at different levels.

    But, it just goes to show that paying top dollar and having guarantees does not make up for when things go wrong and money or data or time is lost. The last 2 are hard to get back.

    So, before you send everything through that one host, offer, traffic source, etc.

    Ask yourself, “What will happen if this goes down” and then have at least 2-3 workable alternatives.

    Make research and prevention part of how you run your business. Not hindsight and emergency’s.

    IMV