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Old 10-11-2011, 05:57 PM   #1
Nick
The Godfather
Member Sales Rating: (1)
 
Member#: 2
Join Date: Jul 1999
Chapter/Region: NESIC
Location: Rowley, MA
Vehicle:
2015 STI Launch Ed.
Rally Blue Pearl

Exclamation PayPal Pitfalls... AKA NEVER send money as a Gift!

Just as the title says... if you send money as a Gift through PayPal to avoid the fees, you are waiving any rights you have to dispute the reversal of the transaction. Gifts have no attachment to goods/service, so there is nothing to for PayPal to investigate to confirm the transaction.

Why this is a problem...

1) You sell an item to someone
2) They send you money as a Gift
3) You ship the item, it arrives
4) They dispute the Gift, which 99 times out of 100 will be immediately refunded without you having any way to dispute it.
5) You are now out your item and the money you were paid temporarily for it.


Please be smart... saving a couple bucks on the PayPal fees is not worth this scenario!!!
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