• Responding to email notices you receive.
    **************************************************
    In short, DON'T! Email notices are to ONLY alert you of a reply to your private message or your ad on this site. Replying to the email just wastes your time as it goes NOWHERE, and probably pisses off the person you thought you replied to when they think you just ignored them. So instead of complaining to me about your messages not being replied to from this site via email, please READ that email notice that plainly states what you need to do in order to reply to who you are trying to converse with.

INQUIRY: PAYPAL for herps? Good or bad?

Paypal is a fine means of paying for a purchase as long as you trust the seller. If the seller is dishonest however, it is very easy to rip off a customer.
The "buyer protection" that paypal claims to provide is little more than an illusion in reality.
Let's say I wanted to make a big score with an ebay scam. I could list numerous items for sale, at a considerable discount from their actual value, and sell them fairly quickly. Say I bring in a thousand dollars from these sales.
If I set it up right and have the purchases made within the same two or three day period I can receive payment for the items, and then move the money from my paypal account before the buyers ever would have expected the items to be delivered.
Once the money is gone, they can no longer seize the funds for reimbursement. They of course lock down the account, but I don't care because I've made my money on the scam and don't need the account anymore. All the disputes in the world won't get those buyers their money back.

What it boils down to is use your judgment wisely. Use paypal when you trust the seller or they have a high number of completed transactions. Otherwise send a money order, because the fact is when someone sets out with the intention of ripping people off, paypal can't do anything about it.
 
Yep. And if a seller sells you something valuable but sends you a box with just a brick in it, the buyer is out of luck. PayPal only wants to see proof of delivery, and it really doesn't matter to them WHAT was delivered.
 
The BoidSmith said:
Here's an example. Let's suppose you want to purchase a $1,000 snake. Your PayPal fees are $30. You can PayPal a 10 % downpayment ($100) to hold it and the PayPal fee will be $3. Sellers don't usually have a problem with that if you agree to send the rest of the payment right away (if you don't you forfeit your deposit). You purchase and express mail a postal money order for which you will spend roughly $12. The total = $15, you have just cut your fees in half and at the same time paid with a postal money order which in my opinion is safer.

Best,
Click to expand...


If you accept a deposit thru PayPal for ANYTHING, you run the risk of getting a chargeback.
If a purchase is made thru PayPal you MUST (according to PayPal's TOS )ship the item with in 7 days of receiving that payment. If you don't , and a problem arises with that customer, they can easily file a claim, and you will lose because you didn't ship with in that 7 day period.

Just recently I sold a pair of snakes, they used paypal to pay ..... a few days later they changed their mind, I refunded the total amount except for the deposit and a few days later it was taken from my account anyway.

I recommend that PayPal be avoided at ALL costs. There are way to many loop-holes in their policies that favor the buyer. The seller takes ALL the risks.
Especially when PayPal accepts credit card payments on your behalf, but when the deal goes bad you have no recourse to even try to fight and get your money.

I do believe there are several threads already about Pay Pal.
 
homegrownherps said:
If you accept a deposit thru PayPal for ANYTHING, you run the risk of getting a chargeback.
If a purchase is made thru PayPal you MUST (according to PayPal's TOS )ship the item with in 7 days of receiving that payment. If you don't , and a problem arises with that customer, they can easily file a claim, and you will lose because you didn't ship with in that 7 day period.

Just recently I sold a pair of snakes, they used paypal to pay ..... a few days later they changed their mind, I refunded the total amount except for the deposit and a few days later it was taken from my account anyway.

I recommend that PayPal be avoided at ALL costs. There are way to many loop-holes in their policies that favor the buyer. The seller takes ALL the risks.
Especially when PayPal accepts credit card payments on your behalf, but when the deal goes bad you have no recourse to even try to fight and get your money.

I do believe there are several threads already about Pay Pal.
Click to expand...

That was exactly my point. If you make a down payment of $100 your are minimizing the risk of a charge back to those $100. If you pay $1000 in full and they charge back you loose the whole amount. It's better to use Pay Pal just to secure a purchase (a down paymen) and pay the balance with other more secure means such as a USPS postal money order.

Best
 
The BoidSmith said:
That was exactly my point. If you make a down payment of $100 your are minimizing the risk of a charge back to those $100. If you pay $1000 in full and they charge back you loose the whole amount. It's better to use Pay Pal just to secure a purchase (a down paymen) and pay the balance with other more secure means such as a USPS postal money order.

Best
Click to expand...


I understand your point.

I will only accept a deposit in the form of a Money Order or Certified Bank Check. And I will accept PayPal as my last option. There is just to much risk involved these days.

This year I have had to turn down sales because of the bad experiences w/ paypal. The seller takes all the risk when they ship to someone that pays with Pay Pal, and they (the buyer) does not have a Pay Pal "Confirmed" address.
 
I would like to remind everyone that any bad BUYERS utilizing such loopholes in PayPal are certainly fair game on the BOI to try to nip that in the bud as quickly as possible.
 
The BoidSmith said:
Here's an example. Let's suppose you want to purchase a $1,000 snake. Your PayPal fees are $30. You can PayPal a 10 % downpayment ($100) to hold it and the PayPal fee will be $3. Sellers don't usually have a problem with that if you agree to send the rest of the payment right away (if you don't you forfeit your deposit). You purchase and express mail a postal money order for which you will spend roughly $12. The total = $15, you have just cut your fees in half and at the same time paid with a postal money order which in my opinion is safer.

Best,
Click to expand...

Or you can send a paypal echeck for any amount, for a $5.00 fee.
 
Back
Top