PayPal reversals

[steve_k]

I didn't realize that you cannot reverse charges for money sent from a debit card. I guess since the card company doesn't make any fees on transactions, they won't bother with the liability of a reversal. I guess the same applies to instant access.

 

[Ventura]

I'm telling ya Stevie, they're crooks...

 

[Detroit ABA]

I am not sure on the debit card question but I don't doubt there is no reversal and I apologize if I am derailing the topic. But, as others have pointed out and I recently just learned that if you pay with paypal balance you are not covered, which seems really wrong. So, the conclusion I came to is to remove any balance down to zero prior to buying anything and only use your credit card as the source of funding. It seems paypal won't do anything but be an intermediary between your credit card company and the seller, and as for paypal backing you up as a seller, who knows? Lastly, I may offend some on here but I really don't understand why a seller or merchant would ask/demand paypal gift? I realize on a very expensive item in which the fees would be significant it should be a part of the negotiation.

 

[steve_k]

I am not sure on the debit card question but I don't doubt there is no reversal and I apologize if I am derailing the topic. But, as others have pointed out and I recently just learned that if you pay with paypal balance you are not covered, which seems really wrong. So, the conclusion I came to is to remove any balance down to zero prior to buying anything and only use your credit card as the source of funding. It seems paypal won't do anything but be an intermediary between your credit card company and the seller, and as for paypal backing you up as a seller, who knows? Lastly, I may offend some on here but I really don't understand why a seller or merchant would ask/demand paypal gift? I realize on a very expensive item in which the fees would be significant it should be a part of the negotiation.

You are 100% correct. The price of doing business. If you can't handle 3%, pick another career. But, if you called in a CC to pay, as opposed to PP, the merchant is still paying a fee.

But, you do have a good point there about sweeping your balance out and using a CC to fund purchases. Of course, I don't condone assholes reversing charges just because they aren't 100% happy with something and screwing honest sellers. There's a lot of that going on and PayPal really should be more of an escrow type of service for higher priced goods.

 

[rlord1974]

I don't condone assholes reversing charges just because they aren't 100% happy with something and screwing honest sellers. There's a lot of that going on.

Bingo. And that's exactly why I will demand PayPal Gift if I'm selling a high dollar item to someone I don't know. It has nothing to do with saving the 3%. It's to protect ME, the seller, from unscrupulous buyers - something PayPal is entirely disinterested in.

 

[ripleyripley]

I don't condone assholes reversing charges just because they aren't 100% happy with something and screwing honest sellers. There's a lot of that going on.

Bingo. And that's exactly why I will demand PayPal Gift if I'm selling a high dollar item to someone I don't know. It has nothing to do with saving the 3%. It's to protect ME, the seller, from unscrupulous buyers - something PayPal is entirely disinterested in.

That seems fair but as you are doing it for your protection do you knock-off the 3% fee from your established asking price or do you consider it a profit center?

 

[Metlupass2]

I will usually calculate it into my price it I'm selling but sometimes I'm just flat out tell them that I'd like to have a certain amount after shipping and fees and leave it up to them if they want to use gift or not but I never ask or demand it.

I always use my credit card on high dollar items for extra protection and a piece of mind.

 

[rlord1974]

I don't condone assholes reversing charges just because they aren't 100% happy with something and screwing honest sellers. There's a lot of that going on.

Bingo. And that's exactly why I will demand PayPal Gift if I'm selling a high dollar item to someone I don't know. It has nothing to do with saving the 3%. It's to protect ME, the seller, from unscrupulous buyers - something PayPal is entirely disinterested in.

That seems fair but as you are doing it for your protection do you knock-off the 3% fee from your established asking price or do you consider it a profit center?

Yes, I knock it off the price. Or, I simply bake that discount into the original asking price.

"Profit center"?! Who makes a profit buying and selling musical equipment?!

 

[steve_k]

I don't condone assholes reversing charges just because they aren't 100% happy with something and screwing honest sellers. There's a lot of that going on.

Bingo. And that's exactly why I will demand PayPal Gift if I'm selling a high dollar item to someone I don't know. It has nothing to do with saving the 3%. It's to protect ME, the seller, from unscrupulous buyers - something PayPal is entirely disinterested in.

I was, and I believe the other poster was as well, talking about companies asking for PP gift. I don't mind it so much with individuals. I generally would not sell a high price item to someone I didn't know of or at least had some proven buyer/seller credibility.

 

[rlord1974]

I don't condone assholes reversing charges just because they aren't 100% happy with something and screwing honest sellers. There's a lot of that going on.

Bingo. And that's exactly why I will demand PayPal Gift if I'm selling a high dollar item to someone I don't know. It has nothing to do with saving the 3%. It's to protect ME, the seller, from unscrupulous buyers - something PayPal is entirely disinterested in.

I was, and I believe the other poster was as well, talking about companies asking for PP gift. I don't mind it so much with individuals. I generally would not sell a high price item to someone I didn't know of or at least had some proven buyer/seller credibility.

Gotcha and, yes, I agree. If a vendor is willing to lose 2 to 3% on a sale to accept payment via a CC, they should also be happy to accept a 3% loss accepting payment via regular PayPal.

On an unrelated topic, I'm jonesing for an Astro Pop....

 

[Shark Diver]

There is no great solution anymore. I watch stuff sit not selling forever now, that would have sold in a few hours a few years ago. So, then you start thinking Ebay - with all the fees and PP. But most of the ways I use to sell gear are all gone - Recycler, Craig's List is a joke, and the small Mom and Pop consignment stores have all been eaten up by GC.


I have a ton of gear to sell as I clean out the studio - and I know Ebay will be the way I will have to go on 90% of it. sad.

 

[steve_k]

There is no great solution anymore. I watch stuff sit not selling forever now, that would have sold in a few hours a few years ago. So, then you start thinking Ebay - with all the fees and PP. But most of the ways I use to sell gear are all gone - Recycler, Craig's List is a joke, and the small Mom and Pop consignment stores have all been eaten up by GC.


I have a ton of gear to sell as I clean out the studio - and I know Ebay will be the way I will have to go on 90% of it. sad.

Yes, this is true. I am still waiting for Kirk's popularity to rise again...

 

[steve_k]

I don't condone assholes reversing charges just because they aren't 100% happy with something and screwing honest sellers. There's a lot of that going on.

Bingo. And that's exactly why I will demand PayPal Gift if I'm selling a high dollar item to someone I don't know. It has nothing to do with saving the 3%. It's to protect ME, the seller, from unscrupulous buyers - something PayPal is entirely disinterested in.

I was, and I believe the other poster was as well, talking about companies asking for PP gift. I don't mind it so much with individuals. I generally would not sell a high price item to someone I didn't know of or at least had some proven buyer/seller credibility.

Gotcha and, yes, I agree. If a vendor is willing to lose 2 to 3% on a sale to accept payment via a CC, they should also be happy to accept a 3% loss accepting payment via regular PayPal.

On an unrelated topic, I'm jonesing for an Astro Pop....

Think outside the box. Be the Astro Pop, Rob. Be the pop.....

 

[Ventura]

There is no great solution anymore. I watch stuff sit not selling forever now, that would have sold in a few hours a few years ago. So, then you start thinking Ebay - with all the fees and PP. But most of the ways I use to sell gear are all gone - Recycler, Craig's List is a joke, and the small Mom and Pop consignment stores have all been eaten up by GC.


I have a ton of gear to sell as I clean out the studio - and I know Ebay will be the way I will have to go on 90% of it. sad.

Look, since you keep hinting about it - fine - I'll take the pedalpro off yer hands for you

 

[steve_k]

There is no great solution anymore. I watch stuff sit not selling forever now, that would have sold in a few hours a few years ago. So, then you start thinking Ebay - with all the fees and PP. But most of the ways I use to sell gear are all gone - Recycler, Craig's List is a joke, and the small Mom and Pop consignment stores have all been eaten up by GC.


I have a ton of gear to sell as I clean out the studio - and I know Ebay will be the way I will have to go on 90% of it. sad.

Look, since you keep hinting about it - fine - I'll take the pedalpro off yer hands for you

And, I will take the Mesa road-ready cabs and rack....

 

[pstar]

back of the line gents

 

[Anonymous]

Had a guy try to trick me this week into sending him his money back for pickups that supposedly didn't work
He had paid via internet bank transfer, but since I wasn't 100% sure the pickups were working (they were working when I took them out of the guitar... what are the chances they BOTH go bad during transfer)
So I asked him to send the pickups back before I send a refund, and he reluctantly did
And what do you know, both pickups work perfectly fine, I sent him his money back minus 15$ for my trouble, but I should have just said "screw you, I'm sending them back and you pay shipping"
Some people will just try to fuck you over every chance they get, even if they have no "buyer protection", they will go through elaborate schemes to try and take advantage of nice guys who will give them the benefit of the doubt

 

[OldSkoolNJ]

I didn't realize that you cannot reverse charges for money sent from a debit card. I guess since the card company doesn't make any fees on transactions, they won't bother with the liability of a reversal. I guess the same applies to instant access.

My bank just did one for me about a month a go, what I bought wasn't through ebay but the vendor used paypal for accepting payments for their online store.
I received what I bought but had a problem with it and where I bought it from started giving me the run around about taking care of my problem with the company that made the item.
So I called my bank they reversed the charges then I called and emailed the company telling them if they wanted their item back they better send me an RMA paying for the return shipping if they wanted it back and they did.

 

[rlord1974]

On an unrelated topic, I'm jonesing for an Astro Pop....

Think outside the box. Be the Astro Pop, Rob. Be the pop.....

I want to think inside the "box". I want to be inside the "box".

 

[the rossness]

why people dont use a PP e-check is beyond me???