Paypal Friends and Family vs. Paypal Goods and Services16583
 You think I'm joking, I'm not.
|
earthshaker01 private msg quote post Address this user | |
| Sounds like f/f the way I'll go. You either trust me or you don't. You either want my book(s)or you don't. Has to be some level of trust given. Haven't had problems with trust before in the comic community for the most part. I once sent 10k to a guy I just met, and comics arrived shortly thereafter. | ||
| Post 26 • IP flag post | ||
 Hello, my name is Stu and I'm a shill.
|
HexView private msg quote post Address this user | |
Quote:Originally Posted by earthshaker01 It's the way to go if you want to get ripped off. As a buyer I would never use F+F, that's the way to get a box full of German newspapers. |
||
| Post 27 • IP flag post | ||
 I'm waiting.... (tapping fingers).Splotches is gettin old! |
Nuffsaid111 private msg quote post Address this user | |
| I will be accepting Paypal F&F at face-to-face transactions when I do my own garage sales, flea markets, comic conventions, and Craigslist/Facebook/Insta posts (where the individual comes to my house). Many folks don't like carrying around large bills in their wallet but have the money available in their paypal account. 2022 will be 100% changing my methodology of selling. |
||
| Post 28 • IP flag post | ||
 Not trying to be an ass since February 12, 2020.
|
HulkSmash private msg quote post Address this user | |
Quote:Originally Posted by HexViewthere was someone new on here trying to sell some comics. Kept sporadically posting and disregarding advice on forum selling guidelines. I did however entertain the person. We made a deal, money was sent G&S and books supposedly sent. I get a message that one of the books didn’t make it into the package and will be sent separately (ok weird), later I was refunded for the inconvenience and was then sent a F&F request for a slightly lower amount (for the inconvenience)and can pay when the books arrive? Red flags go up and I cease communication with this person, I get a second request which I ignore. The books never arrived and I still have my money because I never sent the F&F. |
||
| Post 29 • IP flag post | ||
 " . "
|
Davethebrave private msg quote post Address this user | |
| I would do F&F but there are limits on $ amounts. I suspect limits are depending on what is a material loss to someone and volume of deals (self insurance). If you are doing a lot of deals, avoiding the fee could easily make sense if you combine it with some modest rules and diligence on your counter-parties. |
||
| Post 30 • IP flag post | ||
 I don't want to brag, but cashiers are always checking me out.
|
power_struggle55 private msg quote post Address this user | |
| Most people prefer f&f. The seller wont get a fee (buyer does unless its pp credit) and harder to request a refund if the buyer is scamming. Most sellers I buy from always say f&f |
||
| Post 31 • IP flag post | ||
 Masculinity takes a holiday.
|
EbayMafia private msg quote post Address this user | |
Quote:Originally Posted by Towmater That is exactly the purpose of this thread. To discuss what is lost when using Friends and Family...when it could make sense and when it would not. That's the whole point...the insurance that is provided for both parties through G&S...when it's needed and when it isn't. You are probably making the most important point in the whole thread. I just don't know why you are inclined to share by taking the posture of a cynical outsider throwing stones. The forum should be like-minded comic enthusiasts sharing information and ideas as allies...not as adversaries. |
||
| Post 32 • IP flag post | ||
|
Masculinity takes a holiday.
|
EbayMafia private msg quote post Address this user | |
Quote:Originally Posted by Bronte @Bronte I suspect we are thinking of different size transactions. You are probably thinking of larger transactions where I would definitely buy insurance or even send by Registered Mail. I'm thinking more of the $100-$200 transactions where I would be more inclined to let Paypal G&S serve as the insurance than to buy insurance through the Post Office. Even on the bigger transactions I'm not sure if both Paypal GS insurance and Postal insurance are necessary. Maybe someone would know better than me about that. |
||
| Post 33 • IP flag post | ||
 The apple sauce and pudding were the best part...
|
Bronte private msg quote post Address this user | |
| I guess I am a bit over zealous on insurance. I always cover full value on books I sell. Even if it's a 60$ book I will cover for full value. The way I see it, priority covers by default up to 50$ and "I think" ebay and pirate ship do 100$ insurance by using their respective services. Because they cover the initial cost, my adding a couple of bucks, I feel is worth it. | ||
| Post 34 • IP flag post | ||
 We should have the forum rate our packages.
|
HeinzDad private msg quote post Address this user | |
| I don't own or sell many big books but I have shipped in quantity. I've happily paid for 2500-3500 dollars insurance on shipping. It really is a bigger no brainer than deciding which PayPal method one chooses, in my opinion. | ||
| Post 35 • IP flag post | ||
 Collector*
|
Towmater private msg quote post Address this user | |
Quote:Originally Posted by EbayMafia Because we aren't "like-minded" when it comes to using Paypal the way it is being explored in this thread. It is a cheat on their system. It is against their policies and locks them out of receiving fees on a transaction. While I despise Paypal, I would not use their platform in a way to cheat them out of their slice of the pie. At some point, they will either eliminate the Friends and Family service or find a way to recoup their losses by adding additional fees somewhere else. So, I would ask you, why should the _____ who scams the system get a free ride while the users who use it correctly pay the freight for all the costs associated with Paypal being a profitable company? It doesn't seem like a fair deal to me. |
||
| Post 36 • IP flag post | ||
|
Masculinity takes a holiday.
|
EbayMafia private msg quote post Address this user | |
Quote:Originally Posted by Davethebrave With the new year and new reporting requirements, avoiding the fee is really a far distant second to avoiding the official sales record. At least for most small-time collectors who buy and sell annually in the thousands of dollars rather than tens of thousands. |
||
| Post 37 • IP flag post | ||
|
We should have the forum rate our packages.
|
HeinzDad private msg quote post Address this user | |
| Its The Man! | ||
| Post 38 • IP flag post | ||
 Collector
|
poka private msg quote post Address this user | |
Quote:Originally Posted by EbayMafia As a seller I will request G&S. Paypal has in the past suspended/closed accounts which had irregular F&F payments. Nothing to do with trust. As a seller not worth to risk paypal a/c over a transaction |
||
| Post 39 • IP flag post | ||
 Captain Corrector
|
CaptainCanuck private msg quote post Address this user | |
Quote:Originally Posted by pokaI can see PayPal’s POV. They still need to get paid for their services. |
||
| Post 40 • IP flag post | ||
|
I'm waiting.... (tapping fingers). Splotches is gettin old! |
Nuffsaid111 private msg quote post Address this user | |
Quote:Originally Posted by EbayMafia This 100%!!! |
||
| Post 41 • IP flag post | ||
 Collector
|
etapi65 private msg quote post Address this user | |
Quote:Originally Posted by Bronte This, trying to maximize profits as a seller or minimize costs as a buyer in lieu of taking even the most basic steps to protect yourself would seem a poor trade-off. if this is your thinking; you could probably find these items you want to buy at an LCS somewhere in your vicinity or save up your dough for a con. I always ship with full insurance value based on the price payed by the buyer. If you're not considering this cost of doing business when you sell, they you're doing this all at your own financial risk (which could be substantial). I'll pay F&F with creators, friends, and family...but actual friends. People whom I know and know where they live. Any additional costs born during a transaction that includes taxes, fees, buyer's premiums insurances, etc... are all folded into the bottom line of what I'm willing to pay. |
||
| Post 42 • IP flag post | ||
|
Captain Corrector
|
CaptainCanuck private msg quote post Address this user | |
| . In Canada, Interac e-transfer is a popular alternative. But, I don’t think it is available yet in the USA |
||
| Post 43 • IP flag post | ||
|
Collector*
|
Towmater private msg quote post Address this user | |
Quote:Originally Posted by EbayMafia Why do you feel it is important for small-time or any collectors to avoid an office sales record? |
||
| Post 44 • IP flag post | ||
|
" . "
|
Davethebrave private msg quote post Address this user | |
Quote:Originally Posted by EbayMafia I am both “cost-aware” and almost never a seller. Because of my buy and indefinite hold strategy I am more focused on paying fair prices and minimizing costs that I can self-insure. If I trust someone I am willing to call them a friend and reduce total trxn charges. If truly arms-length, then the self insurance part becomes more mathematical and I need to understand avenues of recourse and likely risk. The rest of it is a moot point for me other than how it impacts the market. |
||
| Post 45 • IP flag post | ||
|
Masculinity takes a holiday.
|
EbayMafia private msg quote post Address this user | |
Quote:Originally Posted by CaptainCanuck @CaptainCanuck What @Poka points out has been the narrative from the beginning with Paypal. That they make their money from fees and F&F transfers are just a courtesy that should not be abused. I get the sense that this has evolved over the years. I don't really see anything on their site about strict prohibitions in the use of Friends and Family. It's more about are you sending money to someone you trust vs. needing buyer protections. I'm thinking that Paypal's main goal, now that eveyone has it linked to their bank accounts, is to maximize the amount of money flowing into the Paypal system where it is likely to generate fees and income for them. I suspect Paypal is perfectly happy to have money move from my checking account to your Paypal account whether they collected a fee or not. |
||
| Post 46 • IP flag post | ||
|
Collector*
|
Towmater private msg quote post Address this user | |
Quote:Originally Posted by EbayMafia You didn't read their User Agreement under receiving payments then... "If you use your PayPal account to receive payments for the sale of goods or services or to receive donations, you must: - Pay any applicable fees for receiving the funds. - Not ask your buyer to send you money using the “send money to a friend or family member.” If you do so, PayPal may remove your PayPal account’s ability to accept payments from friends or family members." |
||
| Post 47 • IP flag post | ||
|
We should have the forum rate our packages.
|
HeinzDad private msg quote post Address this user | |
Quote:Originally Posted by Towmater  |
||
| Post 48 • IP flag post | ||
|
Collector*
|
Towmater private msg quote post Address this user | |
Quote:Originally Posted by HeinzDad Hmm, not surprised you made that post. |
||
| Post 49 • IP flag post | ||
|
We should have the forum rate our packages.
|
HeinzDad private msg quote post Address this user | |
Quote:Originally Posted by TowmaterAs I am with yours. |
||
| Post 50 • IP flag post | ||
|
Collector*
|
Towmater private msg quote post Address this user | |
Quote:Originally Posted by HeinzDad At least we understand the other to a degree. Kind of like watching what people do with their shopping carts after they put their groceries in their vehicles. What they do with them provides insight into them. |
||
| Post 51 • IP flag post | ||
|
We should have the forum rate our packages.
|
HeinzDad private msg quote post Address this user | |
| I put my cart away. Just so everyone knows. | ||
| Post 52 • IP flag post | ||
|
Masculinity takes a holiday.
|
EbayMafia private msg quote post Address this user | |
Quote:Originally Posted by Towmater Or watching someone who just constantly clutches their pearls and scoffs at others. Who always has a stone in their hand, ready to cast it at the next opportunity. That says a lot about someone also. |
||
| Post 53 • IP flag post | ||
|
Collector*
|
Towmater private msg quote post Address this user | |
Quote:Originally Posted by EbayMafia Maybe you could answer the following questions so I can better understand you... 1)Why do you feel it is important for small-time or any collectors to avoid an official sales record? You indicated they would be in this post Quote: Originally Posted by EbayMafia 2)Why should the _____ who scams the Paypal system get a free ride while the users who use it correctly pay the freight for all the costs associated with Paypal being a profitable company? |
||
| Post 54 • IP flag post | ||
|
You think I'm joking, I'm not.
|
earthshaker01 private msg quote post Address this user | |
Quote:Originally Posted by HexViewHow do I get ripped off, they send me money first, then I send books? |
||
| Post 55 • IP flag post | ||
Thread locked. No more posts permitted. Return home.