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Thread: Should I Bite the PayPal Bullet?

  1. #51

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    Re: Should I Bite the PayPal Bullet?

    Ebay is a different topic. They give huge risks for sellers today, compared to 5 or 10 years ago. It would take another thread and analysis, but the Internet chatter on most hobby/collecting forums is to buy something on Ebay, get it, inspect it, maybe disassemble it, and if ANYTHING is wrong, send it back "on the seller's dime" for a full refund. Try before you buy (but they already bought and you have to ship)

    It used to be 1 lens buyer a year would pull that one me, and I sold hundreds a year. Last year, I sold 3-4 on Ebay. And 3 tried to "game" the system, buying from countries I disabled with tricks (china), disassembling lenses sold "for parts - not guaranteed" and finding worn internal items, demanding partial refunds or full refunds. One guy I wrote the whole story about on this forum....look it up. It's a nightmare selling vintage on Ebay now, in the Global Economy with different ethics and cultures. You WILL get scammed by unreasonable buyers. Or you can list the item as "for parts" and "no refunds" and buyers will just look for the other similar items for sale....and scam those.

  2. #52
    Jac@stafford.net's Avatar
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    Re: Should I Bite the PayPal Bullet?

    I always constrain my auctions to USA only. When I found a trend from a particular buyer for precious or novel items the address was an office within a Washington state airport. I am good with that. They always paid. No complaints. They were apparently a broker for wealthy Chinese clients. Bring them on!

  3. #53
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    Re: Should I Bite the PayPal Bullet?

    Quote Originally Posted by Corran View Post
    Nope, not since 2015.
    https://www.cnet.com/news/ebay-picks...r-1-5-billion/
    Article is from 2002.
    enjoy your coffee

  4. #54
    Corran's Avatar
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    Re: Should I Bite the PayPal Bullet?

    Quote Originally Posted by jnantz View Post
    Yes, and in 2015 they spun off PayPal to be a separate entity (again).
    Bryan | Blog | YouTube | Instagram
    All comments and thoughtful critique welcome

  5. #55

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    Re: Should I Bite the PayPal Bullet?

    Quote Originally Posted by jnantz View Post
    You should sort your web searches by date. We know eBay owned (past tense) PayPal; but they haven’t for over 3 years.

  6. #56
    John Olsen
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    Re: Should I Bite the PayPal Bullet?

    Paypal has worked for me. I sold my 8x10 equipment in two lots last year and also a few prints through Paypal. They all went smoothly. I think maybe we can trust Paypal more than, say, cashier's checks. Cash would be nice too.

  7. #57
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    Thumbs up Re: Should I Bite the PayPal Bullet?

    Quote Originally Posted by Corran View Post
    Yes, and in 2015 they spun off PayPal to be a separate entity (again).
    Thanks Corran, I didn't know that. Good to know !

  8. #58

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    Re: Should I Bite the PayPal Bullet?

    Quote Originally Posted by goamules View Post
    I think there are two different businesses and issues being talked about: Paypal and Ebay. 45 posts and nobody has discussed that a seller can have a Paypal account without the problem of getting forced to give a refund. Ebay does that, not Paypal. Yes, when working together, that's how they operate.

    But if you buy a lens from someone right now, on the forum, and pay with Paypal, how are you going to get your money refunded? I don't send an PP invoice or anything when I sell. I talk to the person here, on the phone, or wherever. We agree to the transaction, I give them my PP address, and they "send the money". Done. How would Paypal know what I advertised, what was sold, the condition, or how I shipped? I've just never heard of someone trying to pull the "it's not as advertised" EXCEPT through Ebay. So the better questions is "Should I sell on Ebay", where, by the way, you are REQUIRED to offer Paypal. Short answer: no, not if you can help it. Because THAT is when all the scams start.
    Yes! With regard to scammers and sellers getting screwed, eBay is the problem. Not PayPal.

    The only issue I have with PayPal is the high fees but I am happy to pay the fee to get the sale.

  9. #59
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    Re: Should I Bite the PayPal Bullet?

    2.9% is high?? Oh, plus 30 cents flat per transaction.
    Bryan | Blog | YouTube | Instagram
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  10. #60

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    Re: Should I Bite the PayPal Bullet?

    Quote Originally Posted by BradS View Post
    Yes! With regard to scammers and sellers getting screwed, eBay is the problem. Not PayPal.

    The only issue I have with PayPal is the high fees but I am happy to pay the fee to get the sale.
    That's not entirely true. From PayPal's site: (https://www.paypal.com/us/smarthelp/...roblem-faq1344)

    "If you purchased something and would like a refund because you haven't received it, or it's not as described, you can file a case in our Resolution Center to start the process of getting your money back.

    You have 180 days from the transaction date to initiate a case on a transaction.

    If your eBay payment is complete but you didn't receive your item, it's not as described or the auction got canceled, you'll need to file a case. You can do this in eBay's Resolution Center or the PayPal Resolution Center.

    If you feel the transaction was unauthorized, please visit our Resolution Center to file an unauthorized transaction case.

    There are 2 kinds of cases you can create:

    -- Item Not Received – You bought something but didn’t receive it. (Wait at least 3 days from the transaction date to give your seller enough time to ship the item.)
    -- Significantly Not as Described – You received an item but it was significantly different from the seller’s original description. (You might have to pay return shipping costs, but may be eligible for Return Shipping on US. Activate Return Shipping on US before filing your case to qualify for the benefit.)
    "

    Paypal will ding the seller as well. Although I don't know if they're as buyer-centric as eBay.
    Michael W. Graves
    Michael's Pub

    If it ain't broke....don't fix it!

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