(Topic ID: 158865)

Is Using Paypal to pay for machines frowned upon??

By sohchx

7 years ago


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    #8 7 years ago

    For buyers, it's good. For sellers, it's risky and you have to eat a fee.

    #22 7 years ago
    Quoted from gweempose:

    The only way I will accept PayPal for the payment of a pin is if the person is willing to do a friend/family transfer. As far as I'm aware, this is pretty much the equivalent of them sending you cash.

    If it's funded used a credit card, it can be reversed. It's not foolproof.

    #28 7 years ago
    Quoted from gweempose:

    You know by the fee. If the funds come from the person's PayPal account or a linked bank account, there will not be a fee. If it comes from a credit card, there will always be a fee.

    Not exactly. If you are seller and are on the receiving end of a friends & family payment, the buyer pays the fees on top of the amount that was sent.

    If you are a seller and on the receiving end of a goods & services payment, the buyer pays no fees and the fees get taken out of the amount that was sent.

    #32 7 years ago

    Example of what happens when you send payment (as a buyer) using friends & family and use a credit card as the funding source. Notice the extra fee.

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