Lancer Register Forum banner

Paypal 'Gift' - safe?

3.3K views 49 replies 16 participants last post by  Aidy  
#1 · (Edited)
Folks,

Is receiving money's via a 'gifted' payment via Paypal a decent and safe way to receive payment for goods not going through ebay?
 
#40 ·
paypal



not entirely true-i sold a cam sensor or similar to a gent some years ago,the monies were paid as gift-a day later i was notified by paypal that the money was frozen,then some time later it was removed from my account

the buyer had claimed someone else had used his account[iirc some french dude] i was reasonably fortunate as i hadnt sent it out-the addy tied up with the one for the paypal a/c...so somebody had bought a used evo sensor and had arranged for it to be delivered to the blokes addy-if somebody believed that in a paypal office they must have been mad:handsup:

seller beware too...!
 
#7 ·
As a buyer I never pay via gift when dealing with individuals, but I do with reputable traders. It's only 3% which is usually a very nominal amount to know you're covered and not going to get stung on a transaction worth much more.

From your point of view no issue, however if they don't pay via gift just ensure they add 3% to the transaction to cover your fees.
 
#13 ·
They only take it from the seller because as a buyer you'd be annoyed at paying a 3-4% extra tax on every transaction... maybe not a lot for small amounts but imagine paying ÂŁ1000 for something then miraculously it's ÂŁ1040 when you pay.

This would result in buyers thinking twice, and they don't want that as they'd be missing out on their 3-4%, so they take it from the seller instead as it's easier to take from something already transacted.

It's annoying, but what's more annoying is eBay invoice you their fee's on the full amount transacted from the sale, not taking into account that paypal take 3-4% too, over a barrel it seems.

If the buyer wants 'cover' or buyer protection, pay the money, it's like buying a car and expecting the insurance included.
 
#14 ·
But the buyer cant scam you all they do is pay, the seller however could so the buyer needs this protection, its like buying goods and not getting your standard 12 month warranty, I am not saying the buyer isnt probably paying for it in some way , im sure the price is hiked up to cover any faults. Thats why I say seller just price your goods accordingly add the 3 % on already, hell everybody gets knocked down on price more than 3% anyway. You want paypal to work for free I know I wouldnt would you?
 
#29 ·
Aidy - I don't disagree that paypal should charge. As you say they provide a service and shouldn't be free, they're a business after all.


I am a bit undecided about who should pay the fees now actually.
Lawsy made a good point. If a seller doesn't want to use PP but a buyer does, then is it fair for the seller to get less?


I wish we'd all boycott a travel agent to force them into absorbing the fees as per most other retailers.
I wonder why travel agents arent bound and restricted like supermarkets?
 
#30 ·
I am a bit undecided about who should pay the fees now actually.
Seeing as the buyer is getting the service I think they should pay the fees.

I wonder why travel agents arent bound and restricted like supermarkets?
It becomes law in 2014 apparently. They can still pass on fees but the fee has to reflect the processing cost to the retailer. At the moment I think retailers can pass on any old fee, as I said a lot of small places charge ÂŁ1 or ÂŁ1.50 when the cost to them is nothing like that. Giants like Tesco easily absorb these costs.
 
#31 ·
A seller is also getting a service, no?

When I owned carbon goodies, I negotiated CC fees of only 1.5% and debit cards at 24p each
A 2 bob retailer making under 130 transactions a month.


Can you imagine how low virgin holidays (who are in bed with MBNA anyway) get them for.
 
#36 ·
As a business we take card payments. We have to basically because the inconvenience of getting cash for some means they will just not bring their business to us. Plus it's far easier for us too.

So we take card payments, and as a business we absorb the costs. ÂŁ300 a month on average we pay to take card transactions.

But in a private sale where the buyer wants protection ( which aidy pointed out is not a requirement) they want to pay by PayPal. If they want their protection then they pay the 3% themselves. If it's just a convenience thing then gift is no issue. If they want protection pay for it themselves. It's a pretty logical, rational thing to do.

I don't get some peoples rationale on this matter?
 
#37 ·
As a business we take card payments. We have to basically because the inconvenience of getting cash for some means they will just not bring their business to us. Plus it's far easier for us too.

So we take card payments, and as a business we absorb the costs. ÂŁ300 a month on average we pay to take card transactions.

But in a private sale where the buyer wants protection ( which aidy pointed out is not a requirement) they want to pay by PayPal. If they want their protection then they pay the 3% themselves. If it's just a convenience thing then gift is no issue. If they want protection pay for it themselves. It's a pretty logical, rational thing to do.

I don't get some peoples rationale on this matter?
well you are convincing me :smthumbup
 
#49 ·
I think paypal is ok if seller and buyer are honest and trust worthy not every one is so you have to be careful.
I have heard many times on forums people selling things posting it miles away then the buyer cancels the payment the goods are never returned or seen again might aswell have thrown it away with the cost of posting it aswell.