Bitcoin Forum
May 06, 2024, 04:24:36 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Bitcoin Forum > Economy > Marketplace > Safe to accept PayPal if payment is gifted?
Pages: [1]
« previous topic next topic »
  Print  
Author Topic: Safe to accept PayPal if payment is gifted?  (Read 2797 times)
kiwiasian (OP)
Full Member
***
Offline Offline

Activity: 168
Merit: 100


View Profile
August 09, 2011, 11:26:48 PM
 #1
I was wondering if it is safe to accept PayPal payments if I require the buyer to mark the payment as a gift. As per PayPal's terms they do not offer buyer protection for any transactions marked as gifts.
Tradehill referral link, save 10% | http://www.tradehill.com/?r=TH-R12328
www.payb.tc/kiwiasian | 1LHNW1JGMBo2e7rKiiFz7KJPKE57bqCdEC
1714969476
Hero Member
*
Offline Offline

Posts: 1714969476

View Profile Personal Message (Offline)

Ignore
1714969476
1714969476
Reply with quote  #2
1714969476
Report to moderator
1714969476
Hero Member
*
Offline Offline

Posts: 1714969476

View Profile Personal Message (Offline)

Ignore
1714969476
1714969476
Reply with quote  #2
1714969476
Report to moderator
"This isn't the kind of software where we can leave so many unresolved bugs that we need a tracker for them." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
trentzb
Sr. Member
****
Offline Offline

Activity: 406
Merit: 251


View Profile
August 09, 2011, 11:31:06 PM
 #2
No
ffuentes
Member
**
Offline Offline

Activity: 70
Merit: 10


Only a curious passer-by / FirstBits: 13zsc1


View Profile WWW
August 09, 2011, 11:33:48 PM
 #3
Quote from: kiwiasian on August 09, 2011, 11:26:48 PM
I was wondering if it is safe to accept PayPal payments if I require the buyer to mark the payment as a gift. As per PayPal's terms they do not offer buyer protection for any transactions marked as gifts.

I think it's possible to make a transaction in that way but you depends of buyer's will.
Listen Radio Libre (Electronica) Donate. (click for details).

Chilean peso VS BTC ahora: http://irage.ca/2btc.php?a=1&c=CLP&r=1

My bitcoin address
digexservice
Newbie
*
Offline Offline

Activity: 12
Merit: 0



View Profile WWW
August 10, 2011, 12:37:08 AM
 #4
If oyu do it enough times paypal will gladly hold all of your money for $180 days and not let you touch it.
kgo
Hero Member
*****
Offline Offline

Activity: 548
Merit: 500


View Profile
August 10, 2011, 12:59:38 AM
 #5
An honest person can't reverse a gift transaction.  But a scammer will just blame TEH EVIL BITCOIN HACKERZ and paypal will reverse the charge.
nomadwfs
Newbie
*
Offline Offline

Activity: 12
Merit: 0


View Profile
August 10, 2011, 03:37:02 AM
 #6
absolutely not. there's still tons of counterparty risk with paypal.

isn't that why you're here in the first place? bitcoin's irreversible transations eliminate alot of counterparty risk.
ffuentes
Member
**
Offline Offline

Activity: 70
Merit: 10


Only a curious passer-by / FirstBits: 13zsc1


View Profile WWW
August 10, 2011, 04:12:48 AM
 #7
Quote from: nomadwfs on August 10, 2011, 03:37:02 AM
absolutely not. there's still tons of counterparty risk with paypal.

isn't that why you're here in the first place? bitcoin's irreversible transations eliminate alot of counterparty risk.

For example, me. I need "download" my money from bitcoin to dollars or euros and the easy way to do that is to offer bitcoins for a paypal deposit. I hope that arrives the time when will be not necessary to use credit cards and bitcoin will be the standard currency to Internet transactions.
Listen Radio Libre (Electronica) Donate. (click for details).

Chilean peso VS BTC ahora: http://irage.ca/2btc.php?a=1&c=CLP&r=1

My bitcoin address
error
Hero Member
*****
Offline Offline

Activity: 588
Merit: 500



View Profile
August 10, 2011, 05:43:13 PM
 #8
Quote from: kiwiasian on August 09, 2011, 11:26:48 PM
I was wondering if it is safe to accept PayPal payments if I require the buyer to mark the payment as a gift. As per PayPal's terms they do not offer buyer protection for any transactions marked as gifts.

It is never safe to accept PayPal payments for bitcoins. ANY payment can be reversed if the PayPal account had been compromised. And believe me, there are lots of those out there.

Please see the main thread for this topic.
https://bitcointalk.org/index.php?topic=14632.0
3KzNGwzRZ6SimWuFAgh4TnXzHpruHMZmV8
Pages: [1]
  Print  
Bitcoin Forum > Economy > Marketplace > Safe to accept PayPal if payment is gifted?
 « previous topic next topic »
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!