|
Post by traf on Sept 8, 2008 9:04:25 GMT
Hi All If it helps any deals go through, a reminder that it is possible to send money via paypal without the recipient incurring fees. Basically.... - The buyer needs to initiate the payment (not respond to an invoice)
- The payment needs to be funded from an existing paypal balance or from a bank account (not credit card funded)
- You need to select the 'personal' sub-tab, rather than the 'purchase' sub-tab, when making the payment.
- Also remember to add your delivery details/address in the comment box as these will not be automatically be sent to the recipient.
et voila.... If anyone wnats to try this out I can let you have my paypal payment address.. hth simon
|
|
|
Post by PinkFloyd on Sept 10, 2008 11:55:13 GMT
Nice tip Simon, Thanks
|
|
|
Post by rossman on Apr 22, 2009 11:33:54 GMT
Hi Administrators, any chance of making this a sticky?
|
|
|
Post by PinkFloyd on Apr 22, 2009 13:17:15 GMT
Hi Administrators, any chance of making this a sticky? Alex seems to have "stickied" it already, cheers Alex. An observation......... while this method is fine for the occasional transaction I'm pretty sure Paypal would smell a rat if you used this tecnique ALL the time and, knowing them, they would probably suspend your account if they thought you were receiving large sums of money (on a regular basis) fee free..... They are, after all, in business to turn a profit.
|
|
|
Post by rossman on Apr 22, 2009 16:20:40 GMT
Thanks.
|
|
|
Post by apjaudio on Apr 22, 2009 21:45:49 GMT
Also receiving large amounts of money may set off "money laundering" alarms.
Alan
|
|
|
Post by MaN227 on Jan 27, 2010 20:29:18 GMT
it does work , as I have received payment using the Personal, money owed and gift tabs. I see nothing wrong with it in the least. reason being when istart with paypal in 2005 up till I started selling a few bits on ebay a year or so ago, i NEVER ever incured any fee for getting and or sending money. its only cause they incur fee for process cc payment. since then its been pay fee EVERY time I get money regardless of payment funding origins be it bank, pp balance, via an ebay sale or a forum sale.
I should suspect that they are not going to be coming after anyone unless its VERY large amounts of transaction for large amounts dough.
the only thing I can see as a snag, which i'm sadly not even clear on. does paypal even offer protection to a money sender even if done as a purchase from forum? let alone cover u (buyer) sending money as personal.
|
|
|
Post by sdb123 on Jun 13, 2010 19:25:33 GMT
The one downside to using PayPal Gift as a payment is that you are definitely not covered by PayPal insurance should anything go wrong. Just something to be aware of.
Steve
|
|
|
Post by sailorman on Jul 13, 2011 0:59:22 GMT
I know paypal all too well. The downside of using the "personal" tab is that the sender of funds gets no protection. But guess what?
Unless the transaction originates on Ebay or a paypal branded store, the sender gets no protection in any event. Paypal is not insurance. They rely on being able to recoup money from the recipient if the recipient defrauds the payer. They've got no way to do that unless the transaction is linked to ebay or a paypal branded store. If you buy something on a forum, or classifieds, or anything other than the two above mentioned venues, you're on your own. Period. It's safer to send a check or money order than it is to use paypal for a private transaction. Banks and credit card companies will take fraud far more seriously than paypal will. Paypal facilitates fraud, especially against ebay sellers.
Paypal discourages the use of "personal" payments for goods and services and implies that the payor won't be protected. The real issue is of fees they aren't able to collect. If you read their terms carefully, between all the weasel words, you will see it in black and white.
So, go ahead and use the personal tab. You've nothing to lose.
Think about this. You, a scammer, get a "personal payment" from someone and don't ship the goods. You withdraw the money from your paypal account. The victim notifies Paypal. What are they going to do? They can't ding your bank account or credit card unless you've given them permission to do so. Only people with "premier" accounts or who sell on ebay have given them such permission. By simply linking a credit card or bank account to your pp account, you allow them to deduct funds for authorized purchases, not for funding refunds resulting from buyer/seller disputes. That's a whole separate arrangement you must agree to when you become an ebay seller. They certainly aren't going to reimburse someone out of their own pockets if they get ripped off by sending someone money through paypal, unless they have to. And if it ain't an ebay or paypal transaction, they don't have to.
The idea that someone is protected if only they don't use the "personal" payment tab is a hoax. The only thing protected is paypals stockholders.
|
|
|
Post by PinkFloyd on Jul 13, 2011 22:42:16 GMT
I know paypal all too well. The downside of using the "personal" tab is that the sender of funds gets no protection. But guess what? Unless the transaction originates on Ebay or a paypal branded store, the sender gets no protection in any event. Paypal is not insurance. They rely on being able to recoup money from the recipient if the recipient defrauds the payer. They've got no way to do that unless the transaction is linked to ebay or a paypal branded store. If you buy something on a forum, or classifieds, or anything other than the two above mentioned venues, you're on your own. Period. It's safer to send a check or money order than it is to use paypal for a private transaction. Banks and credit card companies will take fraud far more seriously than paypal will. Paypal facilitates fraud, especially against ebay sellers. Paypal discourages the use of "personal" payments for goods and services and implies that the payor won't be protected. The real issue is of fees they aren't able to collect. If you read their terms carefully, between all the weasel words, you will see it in black and white. So, go ahead and use the personal tab. You've nothing to lose. Think about this. You, a scammer, get a "personal payment" from someone and don't ship the goods. You withdraw the money from your paypal account. The victim notifies Paypal. What are they going to do? They can't ding your bank account or credit card unless you've given them permission to do so. Only people with "premier" accounts or who sell on ebay have given them such permission. By simply linking a credit card or bank account to your pp account, you allow them to deduct funds for authorized purchases, not for funding refunds resulting from buyer/seller disputes. That's a whole separate arrangement you must agree to when you become an ebay seller. They certainly aren't going to reimburse someone out of their own pockets if they get ripped off by sending someone money through paypal, unless they have to. And if it ain't an ebay or paypal transaction, they don't have to. The idea that someone is protected if only they don't use the "personal" payment tab is a hoax. The only thing protected is paypals stockholders. I suppose you expect Paypal to offer their "fantastic" service for free? Paypal (IMO) are the best "money" jugglers on planet Earth...... of COURSE they will charge a fee, that's their way.... your bank will charge a MUCH larger fee for the same service! I am 100% pro Paypal..... they are universally accepted and the ONLY way to go online...... They were pretty "random" when they started out and were not regulated .... they are a totally KOSHER animal now and I (for one) would be lost without them. Paypal / online purchasing goes together like salt and vinegar Mike.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Jul 13, 2011 23:23:27 GMT
Another Paypal fan here.
It's my usuall form of online payment.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Jul 14, 2011 3:41:13 GMT
Another Paypal fan here. It's my usuall form of online payment. Likewise. But be aware that if you end up with a counterfeit product, and even if the seller has a huge spike in negative feedback, that they expect you to send it back WITH tracking to the criminal bastard you bought it from, to sell again to some other unsuspecting person. The return tracked postage could even amount to half or more of the original product.If you don't do this, then you will NOT get reimbursed !The only other thing they MAY accept is a statutory declaration from a recognised authority that the product is counterfeit.However, you would need to push hard to get them to accept this instead of sending it back. Again, that may not be worth the trouble for small purchases. Yes, they sure do look after their shareholders ! In my case, I offered to send Paypal the counterfeit products in order for them to follow up and launch a criminal prosecution, but they were not interested. Alex
|
|
|
Post by eugenius on Jun 4, 2012 15:34:54 GMT
AFAIK, they now want a fee for gifts to ...
|
|