Paypal

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crossy
Posts: 185
Joined: 9 Aug 2011, 6:48pm

Paypal

Postby crossy » 19 Apr 2014, 12:00pm

Hello everybody I've used paypal for buying things but how do I use it for selling things.

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Redvee
Posts: 2190
Joined: 8 Mar 2010, 8:58pm

Re: Paypal

Postby Redvee » 19 Apr 2014, 12:09pm

When somebody buys something from you, give them the email address you have associated with your Paypal account. It can be one of many, I have three at present I think linked to mine. They log into Paypal and send you the 'cash', you can withdraw it to your bank account which takes approx 9 days IIRC or you can keep it in your Paypal account for future purchases with Paypal, not just onnline.

crossy
Posts: 185
Joined: 9 Aug 2011, 6:48pm

Re: Paypal

Postby crossy » 19 Apr 2014, 5:06pm

That seems easy enough thank you for your relpy

geocycle
Posts: 1762
Joined: 11 Jan 2007, 9:46am

Re: Paypal

Postby geocycle » 19 Apr 2014, 5:21pm

But PayPal will charge you a fee of 3.4% to sell within the UK.

cols3064
Posts: 276
Joined: 23 Oct 2008, 8:56am

Re: Paypal

Postby cols3064 » 19 Apr 2014, 6:41pm

think its a rip off

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foxyrider
Posts: 4650
Joined: 29 Aug 2011, 10:25am
Location: Sheffield, South Yorkshire

Re: Paypal

Postby foxyrider » 21 Apr 2014, 9:46am

cols3064 wrote:think its a rip off


Its how they make their money, they need to charge someone and personally i'd rather it was the seller than the buyer - its no different to any other financial system in that respect. Just make sure you make allowances for the charge when you sell.
Convention? what's that then?
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BeeKeeper
Posts: 1265
Joined: 29 Apr 2011, 6:45am
Location: South Devon

Re: Paypal

Postby BeeKeeper » 23 Apr 2014, 10:39pm

And PayPal only offer guarantees if the item sold is posted or delivered by courier. There is no security if the buyer collects the item and subsequently reverses the money transfer, which they can do. I only learned this recently, having previously thought PayPal was 100% safe. It isn't.

kwackers
Posts: 14037
Joined: 4 Jun 2008, 9:29pm
Location: Warrington

Re: Paypal

Postby kwackers » 24 Apr 2014, 8:52am

BeeKeeper wrote:And PayPal only offer guarantees if the item sold is posted or delivered by courier. There is no security if the buyer collects the item and subsequently reverses the money transfer, which they can do. I only learned this recently, having previously thought PayPal was 100% safe. It isn't.

No system is 'safe', consumer law generally favours the buyer and PayPal simply takes that and runs with it.
Personally in cases like that I'd go with the small claims court - may not be worth the effort but I'm big on 'principle'.

I run a small 'sub-business' in my spare time selling some specialist CNC electronics that I designed an make in my workshop. Over the years it's turned over several thousand pounds pretty much all of which has come via PayPal, I post the stuff all over the world and to be fair have never had an issue. Indeed out of several hundred packages I've never had one not turn up (or at least the buyer has never reported such) and they're just sent via normal post services.
If it hadn't been for PayPal I'd probably never have bothered but they made it so easy to put a 'PayPal button' on my website that there seemed very little point in not doing...