I don't think this is weird. If they see three consecutive large transactions as friends and family, it probably triggers a "Where's our cut?" Red Flag.
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I don't think this is weird. If they see three consecutive large transactions as friends and family, it probably triggers a "Where's our cut?" Red Flag.
I personally love PayPal.
It's not perfect, but it allows people to accept CC payments with no terminal or processing company contracts. I can send $$ securely to people and buy products online without typing a CC # whenever in need to buy something.
I have bought and sold lots of pins without a hitch. I love 6 months same as cash and take advantage of it often. I have no problem accepting or using PayPal.
I would suggest reviewing their policies though. I would never ship something over $250 w/o signature confirmation. Don't accept PayPal for a large ticket item and let someone pick it up unless you know them well. Shipping is fine, but it must be with a reputable shipping company that uses traceable/traceable shipping documents.
PayPal doesn't hold my money. If they hold yours, more then likely you haven't had that many transactions with them and they are making sure everything is legit.
Quoted from vid1900:Here is a page from Paypal's original site.
No fees.
They made their money off of the interest on the Float of everyone's cash sitting in their accounts.
I won't clutter up this page with current policy, but it's free to purchase with PayPal or send money to friends and family. If you use it to pay for goods or services that fee is 2.9%.
Unemployment and the welfare system gets abused too by people circumventing the system. I've used F&F too for certain transactions, but I've done it in moderation to avoid this very scenario. I just assumed there would be checks and balances.
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