I'm actually quite glad that the US Banking system is so backward that there is no effective system of direct deposit that you find here in Australia or in Europe. If there was then people would stop using PayPal and it would become very difficult for me to buy things from the US. I don't mind paying the extra 3%, but then it is usually dwarfed by the postage cost. Compared to rustling up some sort of Postal Orders or other archaic form of payment (which usually costs me a lot more to purchase as well) I'm happy to call 3% a convenience fee, along with the extra 2% found in their exchange rates.
I refuse to pay for anything with money orders. It's not worth the time spent in a New York bank or post office line.
personally, I like paypal. It offers a sense of "security" for both the buyer and the seller. Getting money for a sale RIGHT NOW is a nice thing, especially if you're watching something YOU WANT, and don't have all the cash in hand yet.
paypal "gift": personally, I think that Paypal couldn't give a rip on those of us who ask that a payment be sent as a "gift", as I do generally. Now, if you're doing $1k a week, then it might perk their computer dog's ears up to listen/watch your transactions.... It also saves the fees from both parties(that I know of), and it still allows you an instant transaction(besides waiting to transfer the money out of your account to your bank account after receipt of the sale's funds)
but I still accept P.M.O's, or cash in the mail, or personal checks(if we've done transactions before, but I still wait a week for them to clear fully before shipping).
I don't own stock in Paypal, but to me, saving time means saving money, for both parties. Since I am a college student, I don't have much time anyhow, even less money, so getting paid quickly is a big + for me most of the time vs. using money orders, checks, or bank checks,etc...
to each their own IMO
The problem with accepting payment as gift is you as a seller do not have any protection from a bad deal.
Originally Posted by DanielStone
I should think that the buyer would be more at risk. A gift is just that. How would one claim a refund?
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i refuse to pay anyone as a "gift" using paypal.
just like i refuse to put "gift" or "broken ... " on a customs form.
if the seller ( or buyer ) can't afford the 3% + 30¢ paypal fees,
or not having someone break the law on a federal customs form
they aren't worth doing business with.
Paypal rules clearly say that sellers cannot charge buyers extra for using paypal. So, sellers who demand the buyer pay their paypal fee are breaking the rules...that's the same as dishonest. Why would I buy from a seller who is dishonest. False use of the gift thing is the same...dishonest....lying...cheating. Sellers: If you don't want to pay the fee, if you don't like the rules...do not offer paypal. Your cheating screws all of the rest of us who try to play by the rules. Actions have consequences.
I've bought items from people here and on Craigslist using Paypal, money orders, personal checks, a google payment service and cash.
Personally, I prefer to buy with Paypal. It means that the seller can instantly see the money - less potential for miscommunication or uncertainty. On one of my biggest film purchases, the seller actually called me from the post office with a total cost, waited 5 minutes for me to paypal him the amount, verified it and shipped the goods. Very efficient transaction (other than me getting up at 5:30 in the morning to take his call and send the money - lousy time zone differences. )
In the end though, I'm open to whatever option the seller prefers. If it seems shady, we walk away - no harm done other than some wasted time.
What's particularly horrible about a New York post office?
Originally Posted by David A. Goldfarb
Postal orders are my favourite method of payment as unlike a cheque*, the seller does not have to wait for it to clear before posting. It's as good as sending cash without the risks.
(* sorry, I had to spell that correctly!).
You live in the UK and have no idea about standing in line for up to an hour waiting for the ranting lunatic or clueless dimwit in front of you that cant make up their mind or is only asking a question (that ends up being many)or has a badly wrapped package that they insist will pass, or for whatever reason. I live in a small town, and I've never waited more than a few minutes for service. I used to live in a large city(not NYC) and have experienced the lines.
Originally Posted by Steve Smith
My experiences with PP have been less than stellar in the past, that taints my current view of them.
BTW: the big kid in my avatar is my hero, my son, who proudly serves us in the Navy. "SALUTE"