PayPal question

SSonnentag

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Why not use the PERSONAL option when buying via PayPal and avoid the fees for the seller? Is there some reason this isn't the default method for sending money for items sold online?
 
I wonder if it has the same buyer protections that a regular purchase has. That's one reason I hesitate to use any of the non-standard payment options.
 
And, if paypal finds out that you are using the personal option for purchasing/selling, they will suspend your account.
 
And, if paypal finds out that you are using the personal option for purchasing/selling, they will suspend your account.

The only way they would even notice is if you abuse it. I don't see how they could track a once in awhile transaction.

It's true that you aren't protected, but if you are careful about who you deal with that shouldn't be a problem. Do a little homework BEFORE you make the deal. If you send a money order through the mail, you don't have much protection either. (You do, but it's a hassle)
 
Why not use the PERSONAL option when buying via PayPal and avoid the fees for the seller? Is there some reason this isn't the default method for sending money for items sold online?

Oh yeah, there's that honesty thing, too:foot::D Don't get me wrong, I hate having to deal with PP, and I really hate having to cough up the dough for their fees (I did something like $10,000 in sales last year through PP:eek: that hurt!), but since you do lose your buyer protection, risk having your account closed, and did agree to use their service under their terms, I can't see why you'd want to risk it for a couple of dollars.

If you sell something for a grand, sure you lose $30 or whatever, but if you take the payment as a gift and the buyer includes a comment like "Please ship to blah, blah, blah" you can bet PP is going to lock down that $$ lickity-split, and you're going to have a heck of a time getting it back. They're not a bank, and you don't have a lot of consumer protection laws working in your favor, so for me it's an easy decision.
 
Oh yeah, there's that honesty thing, too

Yeah, I guess that should be reason enough. I guess I'm just not clear on what situation "money owed" would apply. When I commit to buying an item I consider it "payment owed." :D I'll have to read up on their policies a bit I guess.
 
I can't find anything in PayPal's user agreement or usage policies that would prevent anyone from using the personal payment option any time they wished. It doesn't appear to be an "illegal" PayPal practice. You just have to feel comfortable about not having the buyer protection. Has anyone found documentation that states otherwise?
 
I've had transaction 2 days ago, buyer paid me with "money owed" option and there are fees, too. I'm not sure if it is applied worldwide, but seems in EU is.
 
I can't find anything in PayPal's user agreement or usage policies that would prevent anyone from using the personal payment option any time they wished. It doesn't appear to be an "illegal" PayPal practice. You just have to feel comfortable about not having the buyer protection. Has anyone found documentation that states otherwise?

I was curious about this issue last year and sent them an e-mail asking if using the personal option when making sales/purchases was allowed. They responded that it was allowed but that PayPal would make no effort to assist me of there was a problem of any kind.
 
I've had transaction 2 days ago, buyer paid me with "money owed" option and there are fees, too. I'm not sure if it is applied worldwide, but seems in EU is.

Exactly. The fees are paid always, regardless of by whom. The 'Personal' option simply allows the moneysender to decide who pays the fees. He can opt to pay them himself (which is what you would do if you gave a person back money you borrowed) or have the recipient pay them, if that was somehow appropriate.
 
Exactly. The fees are paid always, regardless of by whom. The 'Personal' option simply allows the moneysender to decide who pays the fees. He can opt to pay them himself (which is what you would do if you gave a person back money you borrowed) or have the recipient pay them, if that was somehow appropriate.

This is only true on international transactions. Personal funds sent from USA to USA are free, no fees to either party.
 
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