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Paypal, why not?, by manty on Aug 23, 2007 0:42:40 GMT 1, Question.
Its been bugging me, so I have to ask
Why is it that a rather large percentage of people selling HIGH value items on ebay wont take Paypal?
Is it a risk thing? Have sellers been conned and sent the goods then the money has been clawed back?
Or is it because of the (4%?) paypal charge?
If it is because of the charge, then I really don't get it at all. The sellers in my mind are conning themselves because they are losing upto maybe 25% of their potential buyers (more bidders make higher selling prices) who would just like to slap it on the card, and pay at the end of the month, or pay for it 'when ever'. People who want the item but haven't got ยฃ?K just sitting in their bank account.
Maybe its a morality thing, and sellers don't like getting their customers into credit card debt, which is very noble of them :-)
Or have I got it all wrong (it is late, and the wine is flowing)
Thanking you
Question.
Its been bugging me, so I have to ask
Why is it that a rather large percentage of people selling HIGH value items on ebay wont take Paypal?
Is it a risk thing? Have sellers been conned and sent the goods then the money has been clawed back?
Or is it because of the (4%?) paypal charge?
If it is because of the charge, then I really don't get it at all. The sellers in my mind are conning themselves because they are losing upto maybe 25% of their potential buyers (more bidders make higher selling prices) who would just like to slap it on the card, and pay at the end of the month, or pay for it 'when ever'. People who want the item but haven't got ยฃ?K just sitting in their bank account.
Maybe its a morality thing, and sellers don't like getting their customers into credit card debt, which is very noble of them :-)
Or have I got it all wrong (it is late, and the wine is flowing)
Thanking you
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Montubu7
Junior Member
Posts โข 2,196
Likes โข 5
November 2006
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Paypal, why not?, by Montubu7 on Aug 23, 2007 0:45:51 GMT 1, Most sellers wont accept it due to the fees, the smarter sellers wont accept it due to paypals policy for buyer protection & not seller protection.
I would never accept paypal for anything much more than ยฃ500.
Most sellers wont accept it due to the fees, the smarter sellers wont accept it due to paypals policy for buyer protection & not seller protection.
I would never accept paypal for anything much more than ยฃ500.
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discoduster
Junior Member
Posts โข 2,438
Likes โข 5
January 2007
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Paypal, why not?, by discoduster on Aug 23, 2007 6:25:53 GMT 1, Most sellers wont accept it due to the fees, the smarter sellers wont accept it due to paypals policy for buyer protection & not seller protection. I would never accept paypal for anything much more than ยฃ500.
Exactly, I thought the sun shone outta PayPals backside until they started taking money off me through the buyers protection thing.
You only have to buy something and claim it hasn't arrived and PayPal will refund you most of the money back via the seller.
Most sellers wont accept it due to the fees, the smarter sellers wont accept it due to paypals policy for buyer protection & not seller protection. I would never accept paypal for anything much more than ยฃ500. Exactly, I thought the sun shone outta PayPals backside until they started taking money off me through the buyers protection thing. You only have to buy something and claim it hasn't arrived and PayPal will refund you most of the money back via the seller. |
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megaelch
New Member
Posts โข 181
Likes โข 3
March 2007
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Paypal, why not?, by megaelch on Aug 23, 2007 7:35:57 GMT 1, agree ... first of all it is the refund thing .. so if a smartass is buying he will have my print and my money ... with no way to get it back easily .
the fees are outrageous as well ... if you do use a EU standard money transfer it costs a few cents all over Europe and not 120 GBP for a 3000 GBP print ....
agree ... first of all it is the refund thing .. so if a smartass is buying he will have my print and my money ... with no way to get it back easily .
the fees are outrageous as well ... if you do use a EU standard money transfer it costs a few cents all over Europe and not 120 GBP for a 3000 GBP print ....
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tokyojeff
New Member
Posts โข 106
Likes โข 0
July 2007
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Paypal, why not?, by tokyojeff on Aug 23, 2007 7:51:58 GMT 1, Question ?
If the seller sends by a registered carrier service and has proof that indeed it arrived and it was signed for, can they still claim (fraud really) against the seller ?
I personally have had items not sent to me and claimed against both PayPal and Ebay and was denied any reparations by them both.
Question ?
If the seller sends by a registered carrier service and has proof that indeed it arrived and it was signed for, can they still claim (fraud really) against the seller ?
I personally have had items not sent to me and claimed against both PayPal and Ebay and was denied any reparations by them both.
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Paypal, why not?, by policeaware on Aug 23, 2007 8:15:58 GMT 1, Question ? If the seller sends by a registered carrier service and has proof that indeed it arrived and it was signed for, can they still claim (fraud really) against the seller ? I personally have had items not sent to me and claimed against both PayPal and Ebay and was denied any reparations by them both.
If you use an online tracking service to send the item it does provide you with protection through the sellers protection policy BUT if someone does a charge back through their credit card company paypal, will in nearly all cases, refund the money to the buyer & leave you in a negative balance position....oh & charge the seller a fee for doing so.
Question ? If the seller sends by a registered carrier service and has proof that indeed it arrived and it was signed for, can they still claim (fraud really) against the seller ? I personally have had items not sent to me and claimed against both PayPal and Ebay and was denied any reparations by them both. If you use an online tracking service to send the item it does provide you with protection through the sellers protection policy BUT if someone does a charge back through their credit card company paypal, will in nearly all cases, refund the money to the buyer & leave you in a negative balance position....oh & charge the seller a fee for doing so. |
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tokyojeff
New Member
Posts โข 106
Likes โข 0
July 2007
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Paypal, why not?, by tokyojeff on Aug 23, 2007 8:36:18 GMT 1, Thanks for that !
Unfortunately it seems there are always going to be those who will take advantage of the system for personal gain.
Thanks for that !
Unfortunately it seems there are always going to be those who will take advantage of the system for personal gain.
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ยฎat
Junior Member
Posts โข 1,273
Likes โข 146
October 2006
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Paypal, why not?, by ยฎat on Aug 23, 2007 9:34:44 GMT 1, FEES!!
Fraud
False chargebacks/saying it never arrived
Won't accept it for anything over ยฃ250.
FEES!!
Fraud
False chargebacks/saying it never arrived
Won't accept it for anything over ยฃ250.
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pezlow
Junior Member
Posts โข 5,388
Likes โข 254
January 2007
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Paypal, why not?, by pezlow on Aug 23, 2007 11:06:08 GMT 1, Paypal works for smaller transactions but I agree with most of the above about the bigger transactions. Then again for the same reasons if I am buying something big I prefer to use paypal.
Paypal works for smaller transactions but I agree with most of the above about the bigger transactions. Then again for the same reasons if I am buying something big I prefer to use paypal.
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bonesy
Junior Member
Posts โข 1,387
Likes โข 264
July 2006
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Paypal, why not?, by bonesy on Aug 23, 2007 14:42:28 GMT 1, Ill accept paypal on large transactions (even worldwide) if the person has perfect feedback, a confirmed address and is a long-time ebay member. I ship with Federal Express requiring a signature. Federal Express costs more than most buyers want to pay for shipping so I end up picking up a chunk of the shipping costs PLUS the big paypal fees. But overall it opens you up to many more potential buyers and probably costs me $100-$150 which is worth it (for certain items) to broaden my buyer pool.
As far as chargebacks I have the signature for protection and most long-time ebay members with perfect feedback dont want to risk their feedback. I'll also communicate with the buyer casually about the artist, or whatever, to get a comfort level. Ive even asked for a phone number for added comfort and gave them a call to build more of a "relationship". If someone is planning on scamming me I dont think they want to give me their phone number and possibly have it plastered up all over the internet.
Edit: I hate to promote paypal, everything about them sucks, but as of today its really in the best interest of the seller to accept it IMO.
Ill accept paypal on large transactions (even worldwide) if the person has perfect feedback, a confirmed address and is a long-time ebay member. I ship with Federal Express requiring a signature. Federal Express costs more than most buyers want to pay for shipping so I end up picking up a chunk of the shipping costs PLUS the big paypal fees. But overall it opens you up to many more potential buyers and probably costs me $100-$150 which is worth it (for certain items) to broaden my buyer pool.
As far as chargebacks I have the signature for protection and most long-time ebay members with perfect feedback dont want to risk their feedback. I'll also communicate with the buyer casually about the artist, or whatever, to get a comfort level. Ive even asked for a phone number for added comfort and gave them a call to build more of a "relationship". If someone is planning on scamming me I dont think they want to give me their phone number and possibly have it plastered up all over the internet.
Edit: I hate to promote paypal, everything about them sucks, but as of today its really in the best interest of the seller to accept it IMO.
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