PayPal F&F only ... REALLY???

Net and F&F only in the same ad... I'm guessing he wants the buyer to cover shipping?
A few of the sellers with whom I've communicated claimed to have not been aware of the issues with F&F payments, and stated that they had basically copied their payment terms from other ads. I'm not surprised - when such things are tolerated, they spread... becoming commonplace and, eventually, seeming "normal".

 

Do as suggested earlier and just add the fees or pay the asked amount with G&S if they cancel the sale then so be it! I only pay the asking price about 50% of the time anyways so when I negotiate price then I figure the gs cost into what I’m willing to pay just as seller should fingure inyknwhat they’ll accept.

I belong to a couple gun forums and use personal checks all the time, that’s my preferred method to pay for as much stuff as possible but I know them and we’ve met many times for shoots and dinners.

I only accept G&S from people I don’t know!!

 

@rickt-va requests very discreet F&F
Maybe he'll participate in this discussion, as well

 

The $20,000 and 200 transactions per year (it has to be both) are IRS 1099k thresholds.

Some states have lowered that threshold to $600 or more per year for a 1099k..Massachusetts is one I think..FnF payments are not included.

1099k's are a headache. Maybe that's why some are asking for FnF payments?

 

As I have said before-people have no problem coming up with excuses as to why they use F&F, but it is still the wrong product to use for G&S transactions. They either should use the proper product and pay the appropriate fees, or find a different product such as money orders. Sorry but I have never heard a valid excuse , only self serving ones.
Not trying to be PP police or implying it is the worst act ever, but it clearly is wrong and those using it inappropriately don't have a leg to stand on.

 

Has anyone asked PayPal whether you can use F&F if you are not a merchant selling for profit? Being part of a hobbyist club and basically evaluating samples of knives (incurring small losses each time) should be ok, given how much money PayPal makes off legitimate merchant sales. F&F is just their way of providing a free service to give back to the community

 

If they find you are using F&F for sales items they will restrict your account to G&S only. There have been a few on the knife forums to have this happen. They say just that in the user agreement.
This why people request you don't list the item when making a PP F&F payment. PP knows people are doing this but it is likely not cost effective to deal with them unless it becomes blatant and repeated.
Dealing with each individual is a problem now and in the future, eliminating F&F for all wouldn't be.

 

Nice and concise, the way it should be done. The only advantage to not actually spell out the final cost with fees, etc. included is to make the price look artificially low and draw people in. One of the oldest sales tricks in the book. Pass.

 

It is, but not in the ways you are ascribing to it.

 

Why, that sounds like a smashing great assignment for someone who is using F&F to buy and sell goods but is not a merchant selling for profit! Might you know where we might find such a fellow?

 

Just for the heck of it I ran through the fifteen ads appearing now on the Traditionals for sale sub forum. The numbers are:

No mention of preferred payment method: 4
Buyer's option, G&S or F&F: 1
Goods & Services: 11
Net to me: 4

As a snapshot it seems that most of the sellers are doing it right. It was a surprise to me that four sellers didn't mention any preference for payment, although those listings may have been edited after the knife sold.

The 'net to me' folks are the hard ones to figure. They're expecting the buyer to figure out how much money to send. That strikes me as weird.

 

Agreed. What's worse are the ones that list a price "net to me" and then say that shipping is included. Net shipped is alternate way to phrase it. That's just dumb.



Apparently for some, if you don't want to pay with F&F, adding 15% to G&S is the thing to do. Alrighty then.
https://www.bladeforums.com/threads...-5-sage-3-centofante-3.1628263/#post-18602488

 

Wow - it's tempting to contact him just to get his paypal info... and turn him in.

 

@TNPikR, what’s the reason for asking someone to pay 15% in fees that you’re responsible for?? And when the fees aren’t even that high?

 

I always expect people to pay with G&S and that's how I always buy. That said, I make a point of not specifying that you have to do so. Like I said earlier, I calculate my asking price to account for fees and shipping costs and that's why my price is "all inclusive" in my view. That said, if someone makes the choice to use F&F (and some do) then I proceed as usual, this happens so infrequently it's not even worth dealing with the correction.

 

The "add 15%" sale ad is ridiculous. Why don't you just calculate in the 15% yourself, along with the shipping costs, and then just give a final G&S price? Boom! All in the rules along with buyer protection!! Wake up folks!

 

That seller clearly does not want to accept PayPal goods.