PayPal as a Gift

[G1X]

Re: PayPal as a Gift

Anthony,

It is my understanding that the sender does not pay the transaction fee on a "Gift" when drawn from a bank account on file or from their Pay Pal balance. For example, I recently sent cash to a friend to help him with some personal expenses. I sent it is a "gift" (which it was) and was not charged a transaction fee by Pay Pal as I drew it off my bank account.

If the the money is drawn from a credit card, I would assume that Pay Pal charges a fee at that point as they have to recover the fees charged by the credit card company for a cash "advance". Chris (BULBUS) hit the nail on the head on that point in his post.

If the transaction was being conducted in the proper manner to begin with ("Purchase of Goods" instead of a "Gift"), the loss of Buyer Protection - the issue that seems to be rubbing some collectors the wrong way as being unfair - would not be an issue.

Mark Hayne
Gridiron Exchange
gixc@verizon.net

Always looking for World Football League and Atlanta Falcons jerseys, and Willie McGee and Darren Lewis game-used items.

[BULBUS]

Re: PayPal as a Gift

Paypal is a business with expenses. Plus, if you use your credit card, THEY have to pay the credit card fees (they try like heck to get you to use your bank account or Paypal balance to avoid those fees though). So in the end, their profit has to be what, less than 1%, 1/2%??

-Chris

[commando]

Re: PayPal as a Gift

You are cheating a business out of its fees.

Mark, I agree with everything you said except for this. It sounds like in the past, the "gift" transactions through Paypal were free. But now the person sending the money has to pay the transaction fee, rather than the recipient like in other Paypal transactions... But Paypal does get its money.

So what you have now with a gift transaction is the buyer paying the fees -- and he loses his buyer's protection as a thanks! Not a good deal for the buyer in my opinion.

I don't care how well you know the person selling you an item. What if you buy a $100 item from someone and it simply doesn't arrive in the mail? Even if you are 100% sure the item was really sent, stuff happens. Now, one of you will have to take the loss or split it unless you bought postal insurance.

[G1X]

Re: PayPal as a Gift

I am a bit surprised and personally disappointed by some of the recent posts. Referencing back to my previous post in this thread (post #27), Pay Pal is a business that handles money transactions. It acts much like a credit card company when making sales/purchases, and charges a fee for its services just like a credit card company at a similar rate. It's not a free service - it's a business, just like a credit card company.

As for those of you who continue to justify using the "Gift" option, I will repeat what I said earlier. It is UNETHICAL, DISHONEST, and FRAUDULENT. Maybe some of you do not perceive it in those strong terms, and I am sure that most of you are good folks, but that's exactly what it is. You are cheating a business out of its fees.

I've been in the hobby for over 50 years (37 in the game-used hobby) and one thing that I can attest to is the hobby has always had a somewhat less than favorable reputation in the eyes of the public when it comes to integrity issues. Although some of you may see using the "Gift" option as a very minor transgression or no sin at all, there are many who see it otherwise and another example of folks in the hobby being less than completely forthright in their dealings.

We all need to do the "right thing", regardless of what misdeeds others have done to us or whether we feel that a busines is "ripping us off" with their fees, prices, etc. As said before, if you don't like a particular service, don't use them. (Show them your displeasure with your wallet.) If we don't do the "right thing", then the hobby's reputation and all of us who participate will be viewed in a lesser light.

Mark Hayne
Gridiron Exchange
gixc@verizon.net

Always looking for World Fotball League and Atlanta Falcons jerseys, and Willie McGee and Darren Lewis game-used items.

[Preston]

Re: PayPal as a Gift

Paypal/Ebay have gotten so much money from me, I feel like if I am dealing with a reputable forum member I will send a gift payment. They (eBay/Paypal) don't need anymore of my money than they already have gotten and will get. I feel that is one of the advantages of the forum, you can kind of know who you are dealing with even if you don't personally know them. I know it might not be the high road, but at least I will be honest about it.

eBay constantly jacking up their fees and PayPal charging the fee they do isn't exactly taking the high road, either.

[Jags Fan Dan]

Re: PayPal as a Gift

Paypal/Ebay have gotten so much money from me, I feel like if I am dealing with a reputable forum member I will send a gift payment. They (eBay/Paypal) don't need anymore of my money than they already have gotten and will get. I feel that is one of the advantages of the forum, you can kind of know who you are dealing with even if you don't personally know them. I know it might not be the high road, but at least I will be honest about it.

[Preston]

Re: PayPal as a Gift

My two cents - if I know the buyer and have dealt with them before, then I have no problem having it sent as a "gift".

However, if it's a first-time buyer or someone I may not be totally solid on their reputation, then I want payment sent over regularly, even if it deducts a small "fee" - I'd rather lose like $3-4 than the entire sale. Buyer protection is HUGE, IMO...but I personally don't see a problem with someone I've got a good rapport with sending payment as a gift.

[both-teams-played-hard]

Re: PayPal as a Gift

If your a serious enough buyer willing to send a M.O.,Cashiers check, etc., makes you a seroiusly accountable person in my book.

You can't use a M.O., Cashiers check, etc. for an eBay purchase. Serious buyers have bank accounts, credit cards and use PayPal.

[larry bourget]

Re: PayPal as a Gift

what i find most ironic is that a good # of the people who are so quick to label sellers as "greedy" for not wanting to foot the bill for paypal fees are probably the same collectors who make lowball offers on items.

truthfully, i dont like using paypal. as a seller i think it's a crock of s. i dont see why im supposed to eat 3.5% so some j4ck0ff can turn around and claim that i sent them a ratty t-shirt instead of a $400 jersey, file a claim, get their money back and get to keep the jersey i sent them. as a seller, where's my protection when something like that happens, so again why pay the 3.5%? so i can get my money faster?

im happy to wait for a check to clear or for a MO to arrive. im not in a big rush. however, im smart enough to see paypal as a necessary evil today. the same way people pass over items for sale if a seller insists on someone sending the money as a gift (which i never ever do) is the same way some buyers will pass on an item if a seller doesnt accept paypal. if you do any kind of buying and selling today, you have to have it.

forgive me if im coming off as bitter. im honestly not. i just dont appreciate people making blind and false assumptions about how anyone who prefers to deal with gifts is "greedy," "dishonest," or is guilty of "fraudulent" activities. those are some pretty heavy adjectives to throw around and are most certainly not true in most cases, certainly not in mine. the truth is that i would rather deal with money orders. i mean, how many times have we either read or said to ourselves, "someone really needs to come up with a better alternative to paypal?"

i pride myself on my reputation and honesty. in a hobby like this, those are 2 of the most important things that collectors can have going for them, but yes, let's lump honest people who try to bypass a sometimes very silly and very ineffective system with people who fake jerseys and rip other collectors off. that makes no sense to me

Ferro39,

This is one of the Best Post's i have read in a long time, and with regards to paypal with the SCAMing Buyer's having all the rights. I am getting very leary of accepting it anymore, i have never had a problem with anyone who POST's on this Forum that i recognize.

Sometimes asking for PayPal as gift can scare the Scammers off, especially the oppurtunistic low life that surf Ebay.

If your a serious enough buyer willing to send a M.O.,Cashiers check, etc., makes you a seroiusly accountable person in my book.

I insure everthing i sell for the purchased price no matter where it's going. I only ship to CANADA and the U.S.A.

larry.bourget@sympatico.ca

[MLB~NUT]

Re: PayPal as a Gift

G1X You took the WORD right outta my MOUTH!!!

[ferro39]

Re: PayPal as a Gift

if at all possible, i ship within 24 hours. if i have free time, i sometimes get jerseys out within the hour. i also always expedited shipping speed if possible.

who knows? from what ive been reading, maybe im the exception in that regard and shouldnt take any of this personally

and im serious freeman. if i have an item that i know that i absolutely cant clear less than $500 for, i either have to charge the $517 or whatever it is through paypal or i can get take the $500 as a gift, MO, etc

[otismalibu]

Re: PayPal as a Gift

im happy to wait for a check to clear or for a MO to arrive. im not in a big rush.

Plenty of buyers (myself included) like to get their items quick. I pay via Paypal and often have the item in 3 days. Same goes for selling. I ship same day, as long as the post office is open.

I'm sure many of these fee tackers are the same sellers that parcel post the item rather than cough up another two quarters for Priority.

[freddiefreeman5]

Re: PayPal as a Gift

the only reason why i even offer the option these days is to save buyers a few extra bucks

?

[ferro39]

Re: PayPal as a Gift

to add another point, just so everyone is clear, i never force or try to steer a buyer into sending payment as a gift or spring the extra fee at the last minute ever ever ever. the only reason why i even offer the option these days is to save buyers a few extra bucks

as a previous member mentioned, money is tight now, so collectors are looking for the best possible deal on an item. i have a bunch of items currently listed on ebay now with BINs and BO options. more times than not, buyers arent even making offers anymore. they just send direct messages asking what my bottom line, drop dead price is.

to that, i provide a bunch of options. one such way is that if they're willing to send payment as a gift or via bank check or MO, i can shave that money off the price. if they dont want to do that, i dont particularly care. however, if they want a bottom line, drop dead price, i give it to them. if they want a bottom line price with ebay and paypal involved for their ease of mind too, i also give them that.

first and foremost, i want them to be comfortable in completing a deal with me and will do anything it takes to ensure that that happens.

[ferro39]

Re: PayPal as a Gift

what i find most ironic is that a good # of the people who are so quick to label sellers as "greedy" for not wanting to foot the bill for paypal fees are probably the same collectors who make lowball offers on items.

truthfully, i dont like using paypal. as a seller i think it's a crock of s. i dont see why im supposed to eat 3.5% so some j4ck0ff can turn around and claim that i sent them a ratty t-shirt instead of a $400 jersey, file a claim, get their money back and get to keep the jersey i sent them. as a seller, where's my protection when something like that happens, so again why pay the 3.5%? so i can get my money faster?

im happy to wait for a check to clear or for a MO to arrive. im not in a big rush. however, im smart enough to see paypal as a necessary evil today. the same way people pass over items for sale if a seller insists on someone sending the money as a gift (which i never ever do) is the same way some buyers will pass on an item if a seller doesnt accept paypal. if you do any kind of buying and selling today, you have to have it.

forgive me if im coming off as bitter. im honestly not. i just dont appreciate people making blind and false assumptions about how anyone who prefers to deal with gifts is "greedy," "dishonest," or is guilty of "fraudulent" activities. those are some pretty heavy adjectives to throw around and are most certainly not true in most cases, certainly not in mine. the truth is that i would rather deal with money orders. i mean, how many times have we either read or said to ourselves, "someone really needs to come up with a better alternative to paypal?"

i pride myself on my reputation and honesty. in a hobby like this, those are 2 of the most important things that collectors can have going for them, but yes, let's lump honest people who try to bypass a sometimes very silly and very ineffective system with people who fake jerseys and rip other collectors off. that makes no sense to me