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    Paypal 'Gift' payments, limited recourse if things go wrong!

    A thread was started earlier about a sale that may have gone wrong, but raised a point I hadn't considered before. I've noticed a lot of people selling stuff on here and asking the buyer to send Paypal as a 'gift' to save on fees, but it turns out that Paypal won't let you dispute it i anything goes wrong when it is sent as a 'gift' rather than a normal Paypal payment.

    Just thought that everyone should be aware of this as you'd have no (or far less) protection if things go wrong with the transaction! Not sure if it's possible to put something in the FS/FT guidelines to warn potential buyers?

    17 Comments

    thats a very good point, but off the other thread, try and avoid dealing in only PM.

    Good point.

    There is no free way of using Paypal after all. The whole selling point of their service is buyer protection.

    The way I see it now is the paypal fee is your insurance premium

    From now on I will only being paying by Paypal gift if the seller has very very good feedback and that will still be reluctantly

    amansk;2816833

    thats a very good point, but off the other thread, try and avoid dealing … thats a very good point, but off the other thread, try and avoid dealing in only PM.



    It doesn't matter if you deal by PM or what not

    If you pay by paypal gift there is no paypal dispute option, paypal wont give you your money back if you followed every single FS FT guidleine on here as the fact of the matter is you gave the money as a "gift" and you don't give to receive

    The only way to reclaim your money would be by getting in contact with the police and an agreement of a sale is just as good in PM form as it is in a FS FT thread to them.

    Thanks for this, the following has been added to the FS/FT Rules and Suggested Guidelines

    *PayPal Advice:If paying by PayPal's 'Gift' option to save on fees, you … *PayPal Advice:If paying by PayPal's 'Gift' option to save on fees, you won't be able to raise a regular dispute with PayPal if a transaction goes wrong. For protection make a normal payment and pay the fees...

    rep for pointing perhaps an important security threat

    Original Poster

    Cheers guys, it just seems to be a bit of a false economy especially when it's a high cost, high risk purchase. A lot of people may well think they are covered because it's Paypal and then learn a costly lesson further down the line.

    What is the actual saving when doing this payment as a 'gift' anyway?

    I'm taking payment from someone just now for 32.50 and he says the fees are 1.31!

    Original Poster

    moob;2818321

    What is the actual saving when doing this payment as a 'gift' anyway?I'm … What is the actual saving when doing this payment as a 'gift' anyway?I'm taking payment from someone just now for 32.50 and he says the fees are 1.31!



    If you send it as a gift then Paypal wouldn't charge the £1.31 in fees on top of the £32.50. But then the buyer would have no protection is they wanted to raise a dispute, seems a small price to pay when you're basically getting buyer protection on the £32.50. :thumbsup:

    moob;2818321

    What is the actual saving when doing this payment as a 'gift' anyway?I'm … What is the actual saving when doing this payment as a 'gift' anyway?I'm taking payment from someone just now for 32.50 and he says the fees are 1.31!



    £1.30 according to this;

    ppcalc.com/

    If you pay by paypal gift basically paypal doesn't charge any fee's as long as you are only sending your paypal balance, if it needs funding by a credit card you will still be charged a fee

    The way I understand it is that Paypal gives virtually 0% if deal is out side Ebay. Ifanyone has personal experience to the contrary then please say otherwise your, just lining Paypal/Ebays pockets for zilch in return.

    Hi Guys, I have a customer wanting to buy a boat from me who wants to pay by paypal, my concern is that the payment could be withdrawn after the boat is collected. Does anyone know if this is possible or is my money safe?

    garystravis

    Hi Guys, I have a customer wanting to buy a boat from me who wants to pay … Hi Guys, I have a customer wanting to buy a boat from me who wants to pay by paypal, my concern is that the payment could be withdrawn after the boat is collected. Does anyone know if this is possible or is my money safe?



    Cash in hand mate?

    PP take 3.4% of the payment + 20p per transaction

    Disco

    PP take 3.4% of the payment + 20p per transaction



    not for gift payments

    colonel

    not for gift payments



    2 years later, gratz on bumping an ancient thread.

    Nailez

    2 years later, gratz on bumping an ancient thread.



    the internet has a long memory
    its always nice to tie things up
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