PayPal Drama

[FourT6and2]

I don't understand where you are getting the "seller accepts payment" idea, because in my experience a buyer clicks "send" on the payment button and bam the money goes straight to the seller and the fee is deducted simultaneously. No option to accept or decline.

Depending on the the type of payment, you have to click a button in your PP account that says something like "accept" the payment or something to that effect (claim funds, accept, etc. I can't remember the exact wording). And in this case, the payment had a hold on it. So the seller didn't have immediate access to the funds either way.

Whenever someone pays me using PayPal, I get an email that says, "You have money waiting. Click here to accept the funds". I then log into my account and see the transaction on my homepage with a button that says "accept".

The buyer sees a window showing the full value of the payment sent, but the seller sees a window showing the full value minus the fees deducted.

Correct. But not until AFTER the seller clicks accept. This has always been the case for me...

Now I suppose if there is a hold on the payment, I can understand how this process is paused, and that the fee would be refunded since the payment was never actually received. But outside of that, Paypal technically says that transaction fees are not refundable and that's why I was asking.

The buyer gets their full amount back.

 

[FourT6and2]

Same guitar is on reverb now :

https://reverb.com/item/92805488-mayones-duvell-elite-7-bl

Yeah, he put it up on Reverb after this happened as a way to bypass using PayPal. But a few problems with Reverb that I told the seller about:

1. Seller loses more money on Reverb fees.
2. Buyer pays more due to sales tax.
3. Reverb still holds the funds in escrow until seller provides tracking and/or guitar is delivered.

So I'm not sure why he's doing all of this instead of just accepting PayPal directly. The guy just sounds like he's not familiar with how the internet works.

I told him to call PayPal and find out why they're putting holds on his account and then get back to me if he decides to accept PayPal. Otherwise, I guess this isn't the guitar for me. Oh well. Don't really need a 7-string. Just thought I'd give one a try and I already have Mayones Duvells and love them.

 

[peterc52]

I've tried it 3 times before. They put the money on hold for 30 days

 

[napalmdeath]

I’ve had PayPal put a hold on incoming fees to me before. It’s been a few years but it was random and happened a couple of times. It’s definitely annoying as hell

I've had it happen too. They do it randomly, though its not happened in a long time. It's just a matter of shipping it and they'll release the funds upon delivery confirmation. Sounds like he's not active with PayPal and they flagged it. It's just to make sure the seller is legit. But, in some cases they'll hold the money up to 21 days.

 

[Exo-metal]

It's possible that they place a hold after having to reimburse you. My last transaction was a scam and bc I always use "for goods" when I don't know the seller the hold is used at that point in your next transaction randomly?

 

[Mike Oxhuge]

I think I'll message him on Reverb and ask if I can pay him tomorrow for a handburger roday.

 

[acidvoodoo]

Already done. No issue.

I don't understand only accepting FF or Zelle or Venmo. If the buyer pays the fees (like I did), then seller should have no problem accepting PayPal. After all, why would I want to risk thousands of dollars on an unknown seller. That's what PP is for—buyer and seller protection. If I know the person and trust them, sure... FF and Venmo are fine.

If a seller refuses to accept PayPal even when buyer agrees to pay the fees, that's a red flag.

Reverb seems to be the safest way to sell these days imo, but the catch is it’s expensive. Only using PayPal for a sale is sketchy either way you do it. F&F the buyer is completely unprotected. Regular PayPal, the seller is at risk because the buyer can request a return at anytime and those funds will be snatched right out of your account. It sucks selling gear now.

 

[Exo-metal]

Definitely no fun, they took all that away.