on 27-08-2013 05:47 PM
I'm selling an item in a local freeads paper and the buyer wants to pay me by Paypal.Can he reverse the payment later on?I've heard if i get him to pay 'as a gift' he can't reverse it,is this true?
on 27-08-2013 06:00 PM
Presumably he'll be coming to collect...? If so, cash on collection only, as you will have no proof of delivery should the buyer turn out to be less than honest. And yes, any Paypal transaction for goods can be subject to a chargeback, or an INR claim.
on 27-08-2013 06:14 PM
.Can he reverse the payment later on?I've heard if i get him to pay 'as a gift' he can't reverse it,is this true?
No it's not true.
What is true is that gift payments aren't eligible for buyer protection, but flip side, that makes them ineligible for seller protection too.
ANY bank or card funded PayPal payment, (even echeques), has the potential for a funding provider reversal, (for example, chargeback, direct debit guarantee)
Ironically, given some prevailing attitudes to the contrary, the safest way to accept a PayPal payment is for an item you sold on eBay.
on 27-08-2013 06:24 PM
He's not collecting it,he's too far away,that's why he wants to pay by Paypal.
Then I would send him a PayPal payment request. As long as you send the item by trackable means, I can't see it being any different to selling on eBay or anywhere else online.
27-08-2013 06:37 PM - edited 27-08-2013 06:38 PM
''I can't see''
Seller protection is not a one size fits all deal, it's probably better not to be so blasé about it.
Partially eligible, the most common for a non eBay transaction, doesn't protect sellers against claims of unauthorised use (which includes claw backs under the direct debit guarantee and chargebacks).
A partially eligible item would only have protection against a claim of non receipt.
on 27-08-2013 07:17 PM
Gawd, get to grips with the ins and outs of about 26000 weazel words that sort of adds up to "we can do what we like and your payment is never secure, and indeed we might nick it ourselves" and then pay paypal fees for the privelege, or just tell him that fee free cash will be fine once he is happy with the goods.
Hmmm, tough one.......