I have used PayPal both as a buyer and a seller over 200 times, and I have never had a negative experience. I cannot say that for non-PayPal transactions.
Bob
Oriental Express,
Good point. I never thought of that! Your point about insurance is a good one, a little cost that could save headaches later. I do note, however, that many sellers require insurance for larger ticket items or at least require delivery confirmation. I’m sure it’s for the same reason you state.
Trainchris
I do hope you get your situation squared away. Please let us know how it works out. Lot’s of folks here use paypal and many are contemplating using it so your story will be of great interest.
I have to agree with Bob. With paypal, there’s nothing given in the transaction for people to steal. With a credit/debit card, all the thief has to do is steal your card number and you are in trouble.
And by the way, the best way to shop online and pay with something other than paypal is to get a special credit card just for online transactions and pay it off every month. If they steal your card number and start doing fradulent transaction on the card, just cancel the card, contest the charges, and get a new card.
Meanwhile, your main bank account is untouched.
But Paypal is still safer.
I use Pay Pal for all or most of my purchases online find it is more secure then a credit card. My opinion!!
I’m probably one of the few people that WOULD have somthing go wrong IF I had a PP account. Check out this site and see what you think.
I’ve used PayPal for about five years now and have never had a single problem, both as a buyer and a seller.
I’ve stopped looking at eBay stuff when the seller doesn’t take PayPal, no matter how much I might want it otherwise. I also refuse to take anything but PayPal for my auctions, because I’ve been burned by people asking to pay some other way.
The paypalwarning site seems to be mostly an ad to get you to buy a merchant account.
Agreed, these folks have an axe to grind.
I trust those who make money by running down another business even less than the people they may be bad mouthing.
I’m not impressed.
If you notice, there is a disclaimer that the site doesn’t verify any of the stories it receives. Pretty much like the following stories that are considered fact by some:
Woman sues and wins 3/4 million after tripping over own child in store,
Man wakes up in tub and finds his kidney is missing,
Bill Gates will send everyone that forwards this email $10,000.
Without verifying the truth of the stories (remember you are only hearing one side) I would give the site very little credit.
Pay Pal RULES…
Dave Kelly wrote:
[quote]
edit…" accepting a check or money order, getting to the bank to deposit it, and running the risk of having it bounce ( yeah money orders can bounce too if the purchaser of it cancels it before you cash it)."
For the life of me, I cannot recall anyone being able to cancel a U.S. Postal Service money order, AFTER purchasing same. If the money order was sent to you, how could someone cancel, or stop payment on it ??? I doubt if you could cancel any money order, if you can’t return the original ( the one you would send to a seller), for a refund!
ATZ
Although I doubt anyone would ever do it for the relatively small amounts that are related to MRR, you can, in effect “cancel” a money order. The post office and some other issuers will replace a money order if you report it as lost or stolen. How can you do this if, as you point out, you’ve sent the original away? When you purchase a money order (both from the Post Office or from some other source) it comes in a two piece package. One you send and one you keep. The part you keep is your receipt and would be used to process a replacement. The seller, gets the original money order, deposits it and sends the goods. By the time the original money order gets processed and tagged as lost or stolen the seller is long gone. What are the chances of it happening? Probably not high - but it is a possibility. Some ebay sellers I’ve noticed hold off on sending items paid for by money orders same as a check - so I can only assume that there have been some folks burned by receiving money orders.
What happens if you deposit a money order that has been reported lost or stolen? I don’t know the answer to this, but it would seem that one of two outcomes would happen. The first is that you don’t get the money (which is why people shy away from reporting conterfeit bills). Or you would have to deal with whatever investigation the issuing entity initiates.
I refuse to pay with money orders, because it’s virtually impossible to trace them if a seller claims “it never arrived” (yeah, right) and the fee to cancel them ($8 and up) and get your money back usually comes close to exceeding the cost of many MRR items I bid on.
But I’ve used PayPal for over four years and never had any sort of problem.
If you want to charge extra for accepting PayPal then just say so in the description.
I pay with PayPal when the seller accepts it, but I do not accept it because I sell very little, and then I only accept U. S. Postal Money orders, or a certified cashiers check from a bank. If someone does not want to go to the time and trouble of getting one of those then they can just sit and watch someone else get the item. I have had no issues with PP, and don’t see how you can possibly blame them for someone else’s phishing emails.
Read you credit card terms. I always use those because I am protected even if someone does get the account number or doesn’t send me the item. I expect people to trust me but I do not trust them. (so, I’m a hypocrite, I know it and accept it)
Everything has fees except the government, and they have taxes which are worse. Ya’ gotta pay if ya’ wants to play.
What does the amount you sell have to do with accepting Paypal or not???[%-)]
“I don’t eat chocolate pudding because brussels sprouts are green”
You only accept U.S. Postal Money Orders or certified cashiers checks? No wonder you sell very little…(just my opinion)
If you choose not to use PayPal to sell an item because of the fee, think about this: If you list something in the classifieds of your newspaper, you have to pay for the ad. If you trade your car into a dealership, you are basically throwing away the difference you got from the dealership versus what you would get by selling your vehicle outright. In either case, the money spent or lost can potentially be quite a bit.
I guess I’m going with PayPal.
What type of account should I have if its just to sell little things on eBay? Personal or Premium?
The seller is already paying the advertising fee to Ebay.
At once if you sold over $100.00 on eBay through PayPal in 30 days you had to go Premium. It may have changed now.
Bob Boudreau
You could get delivery confirmation for the letter you mail the money order in for just a small charge if your that worried.
Paypal’s 2.9% seller fee for collecting the funds from the buyer is quite reasonable – less than many banks charge for a merchant account. And if you check online for payment processing fees charged by other mechant organizations, you’ll quickly realize Paypal is a bargain.
You get your money instantly … that ought to be worth something. Banks certainly think so … and you pay for it, too … more than Paypal charges, you can “bank” on that. [;)]