[uR1ofmany]

I noticed that a lot of people sell their stuff using paypal. Is this the best way to do this on this forum? Are there possible ways of getting scammed? I am selling an item and the guy buying is paying through paypal. Do you usually wait until the money gets transferred into your bank account before you send the item or some other way?Thanks for the feedback.

 

[Klo1320]

best way...maybe not, but certainly the easiest.

 

[weston22s]

paypal is very safe been using it for years never a problem it will tell you in your paypal account if there money is cleared...........so you dont have to wait till it clears your bank account unless you just want too

 

[dennis72184]

Yes you wait till their payment actually clears, most payments clear right away but if they do what is called a paypal echeck it takes a few days. If the payment is pending it will say so when you log into paypal to look at the payment and the money wont show up under your account balance. I like paypal it is harder to get scammed than anything else I am aware of but it is a buyer friendly system so in the case the buyer says they didn't get something they instantly freeze your account for the amount of the sale at leaset and you have to prove you sent it before the money gets released. It is a very safe method but can be a hassle, but other than cash on site it is the only way I like to pay for stuff on the net.

 

[weston22s]

:saw:

 

[Kevap]

Just remember, if you ever buy anything and use paypal to purchase the item. Paypal gives you an option to pay with a credit card. This is the safest way as if you are not satisfied with the transaction then you can file a claim with your credit card and paypal to get your money back 99.9999% of the time.

 

[Quik Z06]

It is probably the easiest but you could still get scammed. When a claim is filed with Paypal they tend to lean towards the buyer in this situation. Believe me I have been with Paypal from the beginning and have had my up's and downs with them. If you ship something out, make sure it has a tracking # or delivery confirmation. If not all they would have to do is say they never got it and file a complaint. Then it's up to Paypal to decide who to believe, so you might be out the money and item. Anyway, just my .02 cents.

 

[tomv12]

Just remember to CYA and you will be fine.

 

[ijohnson]

Paypal is NOT THAT safe! Seller protection policies are VOID if the buyer can claim that the item is not in the condition described by the seller. I sold a watch on ebay and the buyer claimed it was damaged and filed a chargeback with his CC company, then paypal tried to get the money from me but I didn't have the watch! Make sure you have the money in your bank acct before shipping the item and stand your ground if you have any trouble with the buyer. Check out www.paypalsucks.com

 

[Quik Z06]

I agree with that, as I had the same thing happen. Sold something on e-bay, buyer used it, returned it saying it was defective (although it was tested and in perfect working order). However Paypal wouldnt refund the money to the buyer until he provided tracking info for the return of the product and confirmed it was recieved by me. They only gave him back the money after he proved I recieved it back.

 

[z06boy]

So far so good with PayPal...I've used it for a couple of years and haven't been bitten so far.

 

[JrtheFreak]

I got scammed via paypal a few years ago. Someone hacked into an ebay account and bought an item from me for $800... there goes the good rating = safe transaction way of thinking. He then hacked into someone's paypal account to pay for it with instant funds. Lucky, the day I got the funds I transfered them to my own checking account. Three days later (after I had shipped the item) paypal came back and said I was paid with fraudulent funds and wanted the money back. I told paypal it was their own damn fault that their system allows fraudulent funds to be transferred. They tried to get it back for another month or so but then gave up. They froze my account, but I made a new one.

I could have avoided this whole mess if I had paid more attention. The email of the ebay account did not match the email on the paypal account... that should have been a trigger for me to ask some questions. I figured the "instant" payment from paypal was safe, but it isn't.

I've used paypal for many purchases and that was the only bad transaction. In the future I will not send anything until a few days pass so I can be sure the funds are legit.

EDIT - Just read the posts above... just because the money is in your paypal account does NOT mean it it safe. The only time it is safe is when it's in your own bank account. If I wouldn't have moved that $800 to my own checking account here in town paypal would have taken back and I wuuld have been screwed.

 

[m5shooter]

I'm fairly certain that u can only use a linked credit card with PayPal only if your PayPal balance is less than the purchase item amount.
So if the item is $50 but u have $200 in ur PayPal account you can not use ur CC.
Also I got taken once I paid $200 with PayPal but the guy never sent the item and he closed his account and withdrew all the funds so when I filed a dispute with PayPal said they were unable to do anything about it.
I had to file a claim with the DA but he lives out of state...hope he will get a kick in the ass one day...:saw:

 

[uR1ofmany]

Y'all rock. Thanks for the info. Paypal it is.

 

[Klo1320]

I'm fairly certain that u can only use a linked credit card with PayPal only if your PayPal balance is less than the purchase item amount.
So if the item is $50 but u have $200 in ur PayPal account you can not use ur CC.
Also I got taken once I paid $200 with PayPal but the guy never sent the item and he closed his account and withdrew all the funds so when I filed a dispute with PayPal said they were unable to do anything about it.
I had to file a claim with the DA but he lives out of state...hope he will get a kick in the ass one day...:saw:

if you use a credit card, it's not a problem. Just let your CC company know and they will get the money however they do it. I had a situation where paypal said they couldn't do anything, but somehow CC company was able to straight it out :yesnod.

 

[KungFuGreg]

i got scammed by a user on here with paypal. bought an exup exhaust piece. sent him the money, he kept telling me he sent it, but never did. i found out later that he'd already done that here on a different username. opened a paypal claim, but he closed the linked bank account, so i'm out $$$.