PayPal Question Please
- Thread starter Atomic6
- Start date
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greg_in_canada
Flashlight Enthusiast
On ebay the buyer is protected (fairly well) if they use PayPal. The seller accepting the PayPal is protected if they do a bunch of things: shipping only to a verified address and using a trackable shipping method are two of the main ones. So sellers may choose to only ship to verified addresses to protect themselves from people who claim they didn't get the item etc.
Greg
Greg
Last edited:
DonShock
Flashlight Enthusiast
The other reason for Cash Only paypal payments is if the seller only has a personal account. A personal account has no fees to accept payments but cannot accept credit card funded payments. A premiere account can take credit card funded payments but has an approximate 3% fee charged on all payments, including cash ones. Some sellers have one of each type. They only use the premiere account for the credit card transactions and pay the fee on each one. And they direct all the cash transactions to the personal account where there are no fees.
savumaki
Enlightened
PP ads claim you can send money to anyone with an email address; if you use a cc to fund the payment the 3% or whatever is deducted from the amount you are sending so why does the recipient need a special account ???
A seller cannot specify cash-only PP in an eBay auction. eBay's terms specify that if PP is offered as a payment option, then the seller must accept credit card payments through PP, which means they will have to upgrade their accounts to premiere if they are only personal.
Darell
Flashaholic
As others have said... this has nothing to do with risk. Has everything to do with needing to upgrade to a premium account that charges for every transaction.Atomic6 said:
The whole concept bothers me, as I was a Paypal member back when their byline was, "never a fee to accept money." At that time, their promise was to take their cut on the "float." I guess they now take it on the float AND the fees.
watt4
Enlightened
there is risk in taking CC by paypal because of possible chargebacks.
