Paypal gift...

[youngblood]

Im seeing more and more people requesting their paypal payment be sent as a gift to avoid fees. Unless you personally know the person selling the item, I highly recommend not doing this.

When you send your payment as a gift, you lose your buyer's protection. If the seller never sends your item, you have no grounds to make a claim against them through paypal.

Just a heads up -YB

 

[HITMAN]

Im seeing more and more people requesting their paypal payment be sent as a gift to avoid fees. Unless you personally know the person selling the item, I highly recommend not doing this.

When you send your payment as a gift, you lose your buyer's protection. If the seller never sends your item, you have no grounds to make a claim against them through paypal.

Just a heads up -YB

I was thinking the same thing when somebody wanted me to send them a payment that way that i didn't know. Guy got pissed when i didn't but i had to cover my butt. I only send as a gift if i buy off someone i know.

 

[Szczerba]

Good information.

On the flip side. Some guys, mostly vendors, but I have had others, request the normal "goods or services" payment.

If you send as a "gift" or "payment owed", they cannot create shipping labels (that I know of) and you have to remember to send your address because it does not automatically send it with a "gift" or "payment".

I gifted someone last week and it kinda slowed up the process because the seller could not use the USPS shipping label generator.

But yeah, steer clear of "gift" payments if you don't know the person.

 

[Boogie]

How about just steer clear of paypal altogether? They've went horrendously downhill the last few years, I hate using them. I'd honestly rather send and receive MO's via snail mail than use paypal half the time. What other merchant services are out there that are better than paypal?

 

[Szczerba]

How about just steer clear of paypal altogether? They've went horrendously downhill the last few years, I hate using them. I'd honestly rather send and receive MO's via snail mail than use paypal half the time. What other merchant services are out there that are better than paypal?

Paypal is a great tool. I think it's Ebay that is going downhill.
I bet small time companies couldn't do as much business as they do without Paypal. It's instant payments with shipping tools.
People don't want to wait on MoneyOrders these days. I know I am too impatient for that MO stuff.

 

[NeXt559]

i usually dont mind sending funds as a "gift", just as long as the person has 100% feedback and the agreed upon price is relativly low.

 

[weck]

i usually dont mind sending funds as a "gift", just as long as the person has 100% feedback and the agreed upon price is relativly low.

X2 on this. and the feedback is recent...

 

[jetboat]

I prefer that unless I know the person that it be a standard transaction when I receive money. Paying the 3% can be worth not having to keep shipping address' straight.

I wonder how long the gift option will be there... the reason I say that is that I used it a while back to send some money, then a couple weeks later I had to call about a bunch of fraud on my account. The guy played 20 questions about what the gift was about

 

[Sinastir]

I just did it as a real gift and it cost me to send it. I guessing that what Paypal did to fix the problem of people abusing it.

 

[chops1sc]

I just did it as a real gift and it cost me to send it. I guessing that what Paypal did to fix the problem of people abusing it.

Guess they get ya one way or the other. The best thing is to make your asking price a little higher to cover the fees. Plus they still get the buyer protection. As a seller I really like the ability to print a label as soon as they pay.

 

[slowngreen]

You can always create a label though as long as you know the persons address, you just have to enter the adress manually.

 

[ecoli]

On the flip side. Some guys, mostly vendors, but I have had others, request the normal "goods or services" payment.

If you send as a "gift" or "payment owed", they cannot create shipping labels (that I know of) and you have to remember to send your address because it does not automatically send it with a "gift" or "payment".

Yep. When you get paypal money as a gift, there's no mailing address included with it, just the person's e-mail address. It's actually much easier to get it as a regular goods or services payment. Although I appreciate people trying to save me some fees, fact is I account for those fees in my prices.

From a vendor standpoint, paypal is a necessary evil. From my experience, they'll do anything possible to avoid having to cough up any money in a disputed transaction (their seller protection sucks!). However, with paypal I can take any kind of payment whatsoever; bank account transfers, e-cheques, paypal tranfer or cc's, with most being instant, so I'm not stuck hoping that some guys MO will arrive at some point in the mail.

I still prefer cash and MOs :mrgreen:, but only do this with the locals, people I know, or those with a lot of good positive feedback.

 

[JeepinOR]

Guess they get ya one way or the other. The best thing is to make your asking price a little higher to cover the fees.

Right. Just be careful not to blatantly mention that you're increasing prices 3% to compensate, as it's against Paypal's TOS. If the buyer has documentation that states that, the buyer may be able to use that against you.

 

[romulus22]

i assume that people are considering the fees when they decide a price on what they are selling. thats what i do. i don't expect anything more from the buyer than the price i listed.

 

[JeepinOR]

i assume that people are considering the fees when they decide a price on what they are selling. thats what i do. i don't expect anything more from the buyer than the price i listed.

It's common sense, but we know how that goes.
If you do enough reading in For Sale sections in online forums you'll see plenty of people stating "3% more for Paypal."

 

[romulus22]

It's common sense, but we know how that goes.
If you do enough reading in For Sale sections in online forums you'll see plenty of people stating "3% more for Paypal."

oh i have seen it alright

 

[TexasSP]

I just wanted to bump this thread because I am seeing the "send as gift" thing popping up quite a bit again.

Unless you think you have a guarantee and can completely trust the person on the other end it's a bad idea as a buyer. If you don't get the item you will be SOL.

When I sell via paypal, I pay the fees as that's part of the service. I don't have an issue with it, because banks, cc companies, and other financial companies do the same thing. This is how paypal makes its money. If the did it for free, we wouldn't have paypal. I think about the fees too when determining my price as well.

At some point I see paypal coming down on this pretty hard and that they will stop doing no fee transfers.

Anyway my $0.02 for whatever it's worth.

 

[JeremyH]

Even if they request it as a gift, you can always still pay with a credit card and pay the extra fee yourself....if you really want the item. I have an AmEx linked to my paypal and they have no problem refunding my money and telling paypal to shove it...:lol:

 

[hotwheels000]

^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

X2, I use my VISA as an alternate funding source with large orders to companys I havnt dealt with before. They have refunded over 600.00 on one order that went sideways,plus they also credited my interest charges"thumbsup".
If you let it go past PP dispute timeline its even easier as they are out of the loop then.PP actually got in touch with me on this and asked me to file a complaint thru them per there policy......I told them to read there policy,it was past the time allowed:mrgreen: never heard anything from them again and my money was back in my hands shortly8)

Question..... Fee's only apply if you take the money from your PP acount and transfer it to your bank account correct ??????

I have never been charged a fee.Then again, I never transfer any money to or from PP. I spend any balances and the money owed is a direct withdrawl from my attached funding source.

 

[fred0000]

if a seller requests payment as a gift I do like some others have said and review feedback and check out if he's a straight shooter.
often I just sent as a goods payment and cover the fee's myself (even if they dont ask), it hasn't pissed anyone off yet. (even to the people who request payment as a gift)
I used to send as a gift always, but last time this topic came up some people had some very valid points, so now i'm more then willing to cover the fee's to send payment for "goods" rather then "gift"