Please also note when it was implemented in the US and UK there was NO notice given to the masses, and already a handful Australian paypal account owners have reported they have had funds "reserved".
Hi Liisa...I can't be certain on this, but I'm assuming that this type of imposition occurs in a similar way to OZ..i.e. when Ebay decided to impose Paypal only, they didn't ask, they went ahead with the changes, and NOTIFIED ACCC of their intentions...They were probably hoping that nobody would object, as they had done this very same thing a year before with not one negative submission against them...I think it had something to do with electronic products...Gralbow would know...must email him.
The trick being that if there was no objection to Paypal only, they would have been allowed to do that too...problem was, they weren't just up against consumers on that one...they were up against all the movers and shakers in the EFT industry and various Regulatory Govt Depts as well as consumers and traders....
We have decided in your favor, however, we were unable to recover any funds
from the seller's account. As stated in the PayPal User Agreement, recovery
of funds associated with a Buyer Complaint cannot be guaranteed.
This type of statement is something that should be instantly contested with FSO, F/trading, RBA and ACCC, highlighting their PR claims of consumer safety..i.e. being the safest? Oh Really? who can forget Feiler claiming that Paypal consumer safety and security, was equal to or better than the EFT code principles?..... Now that was entirely laughable once you've read their UA.
However, In August 08, the treasury sought an agreement from all states in Oz to implement 'Unfair Consumer Contract' laws. Paypal's UA is one such unfair contract, and if a consumer were to contest the above, even with F/trading, then it is highly likely that Paypal/Ebay would Lose that fight. (See Evagora V Ebay re: Ebay is a Service Provider, and when they tried to rely on their UA, the tribunal shot them down in flames). That case was in Victoria, who have had Unfair consumer contract laws since 2003...innovative yes?
It's coming...sooner or later, someone is going to take these barstards on, and set a new precedent....That's the whole thing about new consumer laws...they might exist, but consumers have to lodge complaints to get them working.