An increasing number of Astromart sellers suggest payment in their ads via the Paypal Friends and Family option to avoid Paypal's 3% fees. Whether or not one likes it, Paypal provides a very convenient method for completing deals - but it is a for-profit entity and provides a service, and cheating it out its fees is, simply, cheating. Would you condone your child's stealing a pack of gum because it only cost $1.50? CN deletes classified ads that mention this payment option. If the buyer and seller of a $1,000 item agree to split the Paypal fees, each is out a whopping fifteen bucks. Do the right thing - because it is just that, and not because you might get caught - and make your buyer drive to the post office, buy a money order for $1, and mail it to you - or pay for the privilege and convenience of using Paypal. Ernie Spragg
Avoiding Paypal Fees
Started by Sheldon L. Cooper, Ph.D., 05/24/2016 04:32PM
Posted 05/24/2016 04:32PM
Opening Post
Posted 06/09/2016 07:27PM
#3
While I understand and generally agree with the OP's point, PayPal tends to primarily protect buyers. What this means to a seller is you are either at greater risk of being scammed out of your item with no recourse while PayPal protects the buyer or seller/buyer must spend more for shipping.
For instance, you setup the sale of an item with a buyer. Buyer submits payment for product/service through PayPal. Seller sees the payment in escrow and then ships the item. In this case, the item must be shipped fully insured and requiring a signature, both of which costs more money (if item is worth more than $50 for USPS or $100 UPS). If you go the less expensive route (no signature), then the recipient can claim they never received the item, file a claim with PayPal, and cha-ching, they got your stuff for free while you paid to ship your item to a scammer.
So, I will offer the buyer the choice between paying me as a friend and shipping it cheaper or paying me as a vendor and paying more money for shipping.
Hopefully this makes sense and adds to the discussion.
James
For instance, you setup the sale of an item with a buyer. Buyer submits payment for product/service through PayPal. Seller sees the payment in escrow and then ships the item. In this case, the item must be shipped fully insured and requiring a signature, both of which costs more money (if item is worth more than $50 for USPS or $100 UPS). If you go the less expensive route (no signature), then the recipient can claim they never received the item, file a claim with PayPal, and cha-ching, they got your stuff for free while you paid to ship your item to a scammer.
So, I will offer the buyer the choice between paying me as a friend and shipping it cheaper or paying me as a vendor and paying more money for shipping.
Hopefully this makes sense and adds to the discussion.
James
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