 Topic Name: New to this.
|
on: May 21, 2014, 11:05:30 PM
|
otsud
Posts: 6
|
 |
« on: May 21, 2014, 11:05:30 PM » |
|
If I have a paypal account(seller) and you have a paypal account(buyer), are there any fees taken out by paypal. My wife says "no" and I don't want to argue with here. I don't have enough info.
Thanks for the info. Stay tuned because I have a few goodies to sell/trade as soon as I have this all figured out.
|
|
|
|
|
Logged
|
|
|
|
|
Topic Name: New to this.
|
Reply #1 on: May 22, 2014, 12:33:43 AM
|
MidSouth
Posts: 56
|
|
« Reply #1 on: May 22, 2014, 12:33:43 AM » |
|
PayPal's fees are typically 2.9% + $0.30 USD per transaction, but may vary.
|
|
|
|
|
Logged
|
|
|
|
|
Topic Name: New to this.
|
Reply #2 on: May 22, 2014, 08:17:27 AM
|
Racingguy04
Location: Colorado Springs
Posts: 147
|
|
« Reply #2 on: May 22, 2014, 08:17:27 AM » |
|
you can avoid the paypal fees if you send it as a gift or transfer between friends instead of telling paypal that it's a purchase of goods, however if the seller double crosses you, you're not protected by paypal.
|
|
|
|
|
Logged
|
|
|
|
|
Topic Name: New to this.
|
Reply #3 on: May 25, 2014, 01:32:49 PM
|
otsud
Posts: 6
|
|
« Reply #3 on: May 25, 2014, 01:32:49 PM » |
|
What do you mean by doublecross? If the great condition wheelset turns out to be what? Garbage? Or it doesn't get sent at all, does paypal reimburse you or what happens?
How do they protect buyers and sellers? I appreciate the help. I have always stayed away from this type of internet activity (paypal, Ebay, etc.) so I really don't know much about it.
Seriously, thanks for help.
|
|
|
|
|
Logged
|
|
|
|
|
Topic Name: New to this.
|
Reply #4 on: May 25, 2014, 09:19:01 PM
|
skylerd
Posts: 4
|
|
« Reply #4 on: May 25, 2014, 09:19:01 PM » |
|
If you say that you're "Paying for Goods/Services" when you make a paypal transfer, the fee (paid on the seller's end) becomes 2.9% +$.30. The reason you're paying that is because Paypal offers buyer protection when you're paying for goods. That means that if the item you paid for is not as advertised, or never shows up, Paypal will reimburse you, and they'll take over the task of prying the money back from the seller. This is essentially the reason why everyone loved Paypal for only second-hand purchases. Because you can pay this fee and avoid getting totally ripped off. If one needs to open a case with Paypal, it must occur within 30 days of the payment.
The insurance is not included if you say you're "Sending money as a gift", so no one is protected. If a seller asks me to do this, to save them the 3%, I'd get nervous as a buyer.
Hope that helps. All this information can be found on Paypal's website. Linking your paypal account to your bank account (as opposed to credit card), might make the fee go lower for certain types of transfers.
|
|
|
|
|
Logged
|
|
|
|
|
Topic Name: New to this.
|
Reply #5 on: May 26, 2014, 09:59:09 PM
|
Racingguy04
Location: Colorado Springs
Posts: 147
|
|
« Reply #5 on: May 26, 2014, 09:59:09 PM » |
|
Skylerd is right on, Generally if I'm dealing with someone I don't know, it's worth paying 3% for peace of mind, but I have bought things from friends/co-workers without the insurance and not worried about it.
|
|
|
|
|
Logged
|
|
|
|
|
Topic Name: New to this.
|
Reply #6 on: May 27, 2014, 10:07:59 AM
|
otsud
Posts: 6
|
|
« Reply #6 on: May 27, 2014, 10:07:59 AM » |
|
Thanks for the help.
|
|
|
|
|
Logged
|
|
|
|
|
|
