For this group and a couple other's I'll ship and collect after buyer gets
it okay. Just how I do it. I've never gotten burned.
Ryan
On Monday, March 8, 2021 at 1:14:53 PM UTC-8 Joe M. wrote:
> With PayPal, if they pay you as “friends and family,” you receive the full
> payment amount with
Note that transferring the funds out of Paypal and into your bank account
does not protect you from Paypal reacquiring those funds back from your
account in a dispute. That's why they have you "link" your bank account
rather than it just set up as a direct deposit.
On Monday, March 8, 2021
With PayPal, if they pay you as “friends and family,” you receive the full
payment amount with no fees taken out. They are offered no protection by
PayPal and they must trust that you will be sending them the bike. If they
choose “goods and services” when paying, you pay a fee but PayPal may
Roberta, I’m not sure if paypal friends and family offers protection, it
should be a non reversible transaction, you need to call . Once payment is
made on non friends and family paypal, I believe the buyer only has 1-2
hours to reverse the charge, and they can always file a dispute. You can
most everyone has it covered, paypal generally covers the buyer more than
the seller, if you are selling remotely its really your only option so a
little bit of due dilligence is warranted, like someone thats active in the
list etc.
when i sold my stable a few months ago (5 bikes in a
The lead article in latest issue of Adventure Cycling magazine is about
buying a used bike. There is a section on "How to Pay". Several methods
are mentions. The section on PayPal mentions that as a seller you can send
the buyer an invoice on PayPal, which adds add'l safeguard (I suppose in
Hi Roberta,
Cash is best. I've done transactions with RBW listers (who are "known
listers") via check.
I was under the impression that PayPal G is more favorable to the buyer
than seller-- but I haven't looked at it recently. Also, note that PayPal
submits tax forms if your sales exceed a
Hi Roberta!
I don't know anything about seller protection stuff so I'll let others
chime in on that, but the way I've always done it over 20 years here and on
the BOB is the buyer pays for the bike then I ship. I've always bought
stuff this way, too, which can be a little nerve-wracking for
