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Author Topic: Why not use Paypal for accepting payments?  (Read 1614 times)
BellaBitBit
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January 21, 2016, 06:56:00 PM
 #21

Thanks for the answers. I did not realize, that PayPal may be that bad for a seller, if buyer wants to scam.

There are many Paypal message boards on the net.  Sellers will line up to tell you how paypal is better for buyer than seller. Not sure Bitcoin forum is the place to post this.

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January 21, 2016, 07:03:21 PM
 #22

Thanks for the answers. I did not realize, that PayPal may be that bad for a seller, if buyer wants to scam.

just google for "paypal scam" and troubles ... i doubt u will ever use them again  Roll Eyes
BTTrader
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January 21, 2016, 08:47:46 PM
 #23

paypal is terrible when it comes to these things. They make it really hard for the sellers.
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January 22, 2016, 07:47:07 AM
 #24

it must be said that for buying stuff on unknown website, paypal is good enough, because it allow for your money to be protected at least, in case that website was fisky or something

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January 24, 2016, 07:25:26 PM
 #25

paypal is terrible when it comes to these things. They make it really hard for the sellers.

Yeah you could have find the Discussion about Paypal scamming in Yahoo answer as well in last week. Many scamming are ongoing in Paypal system Especially for seller side mostly.

If bitcoin becomes a Big transaction medium for money means that would be more helpful the people in fees and transparency and Etc...
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January 24, 2016, 08:04:30 PM
 #26

I've never had any problems with Paypal and I've been using it for more than 10 years as a freelancer. You all must be into something very shady if you think that Paypal bans accounts and doesn't take care of refund claims, etc. Now, the fees (specially international ones, I think it's 5.4%...) are completely out of this world considering that there's no limit to them, so sending $1000 would cost an arm and a leg. Also, Paypal must have a lot of income coming from the interest the funds generate while being in their hands.
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January 25, 2016, 03:02:56 AM
 #27

If you really want to eliminate the whole paypal support thing, Just send a Paypal gift with no fees. Its almost as good as a cash/bitcoin transaction. Proceed with caution if its an expensive payment because there is a chance of a credit card chargeback. No ones going to go through the hoops of that for <$100 transactions. I had someone try to do a chargeback on a $2500 item and they had no luck doing it because I was on top of it and contacted paypal support back and forth. Paypal gift is safe to use.
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January 25, 2016, 09:25:42 AM
 #28

paypal are scum bag thieves lol.


But yeah if your sending out an actual item like using ebay
its not that bad. Its just a pain when people file a claim and
you have to jump through hoops to get your rightful money
released

elizabethqueen
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January 26, 2016, 07:31:16 PM
 #29

With online trading there is always a scam risk for both seller and buyer. Even with using escrow you can get scammed by escrow provider. What about using Paypal?

With Paypal seller can send online invoice

https://www.paypal.com/us/webapps/mpp/email-invoice

If I understand PayPal's fees correctly, accepting payment  in international sales, when seller is in U.S. costs 3.9% + Fixed Fee** (e.g. €0.35 EUR in euro payments). International sales in eurozone cost 3.4% + €0.35 EUR.

Of course this is a bit pricey, but Paypal has protection for both seller and buyer

https://www.paypal.com/webapps/mpp/paypal-safety-and-security

and  for buyer Refunded Returns service

Disclaimer: I have not sold anything via PayPal and I don't work for PayPal

If I would buy or sell something, I would suggest splitting the PayPal fee.

I think it is better to pay 3.9% or less to PayPal than get scammed.
because not all people can verify paypal account,and paypal account really sensitive to hacked by bad people,i just saw some case that people lost their paypal account because hacker.

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January 30, 2016, 03:25:13 PM
 #30

---
If I would buy or sell something, I would suggest splitting the PayPal fee.

I think it is better to pay 3.9% or less to PayPal than get scammed.

I don't think this is the right community for you.

Could you please elaborate?

What is the problem?
It is a BITCOIN FORUM, so if you dont believe in the project its probably not the place for you.

Ok I understand that view. But I honestly believe in bitcoin, but when I use my hard earned money to buy something from stranger online, I prefer security. I don't think that we should embrace fundamental views. Why can't we use each tool for the purpose that it does best? Bitcoin is good for many things, but online buying  from strangers is not one of them.

Paypal tends to be biased towards the buyer about disputes, especially on digital goods. They'd easily grant a chargeback in which they'll use the clause that 'they do not provide guarantees on digital stuff.'

It's hard to stay away from trap-buyers, that's why many don't prefer Paypal at all for trading btc.


btcdevil
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January 30, 2016, 07:32:16 PM
 #31

If you go through the forum properly taking some time you can find so many threads in scam accusation, and other places with full details of Paypal Scamming . In this thread it self so many have given full details about Paypal and its TOS conditions which gives buyer full power to cheat with seller. And more in paypal you have to give your full details with identity proof.

so its upto you now to use the paypal or not after know to get the experience with the replys of this thread, or after getting scammed.

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January 31, 2016, 12:54:32 AM
 #32

---
If I would buy or sell something, I would suggest splitting the PayPal fee.

I think it is better to pay 3.9% or less to PayPal than get scammed.

I don't think this is the right community for you.

Could you please elaborate?

What is the problem?
It is a BITCOIN FORUM, so if you dont believe in the project its probably not the place for you.

Ok I understand that view. But I honestly believe in bitcoin, but when I use my hard earned money to buy something from stranger online, I prefer security. I don't think that we should embrace fundamental views. Why can't we use each tool for the purpose that it does best? Bitcoin is good for many things, but online buying  from strangers is not one of them.

Paypal tends to be biased towards the buyer about disputes, especially on digital goods. They'd easily grant a chargeback in which they'll use the clause that 'they do not provide guarantees on digital stuff.'

It's hard to stay away from trap-buyers, that's why many don't prefer Paypal at all for trading btc.



If something goes wrong due to the trap buyers, is there any option or support by which we can track the trap buyers and get rid of them

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January 31, 2016, 05:29:20 PM
 #33

I've never had any problems with Paypal and I've been using it for more than 10 years as a freelancer. You all must be into something very shady if you think that Paypal bans accounts and doesn't take care of refund claims, etc. Now, the fees (specially international ones, I think it's 5.4%...) are completely out of this world considering that there's no limit to them, so sending $1000 would cost an arm and a leg. Also, Paypal must have a lot of income coming from the interest the funds generate while being in their hands.

I am also using Paypal from last 5 years and did not face any kind of problem yet. Many people are facing problems with their accounts I think the reason is they do not follow rules properly. Yes I know the fees are sometimes very high but PayPal always provide safety to our funds.




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bob123
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February 01, 2016, 12:01:16 PM
 #34

Im only using paypal when its necessary.
Way too less security and shit customer support

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