PayPal as a Gift

[trsent]

Re: PayPal as a Gift

Did you use you credit or debit card to make the transaction through Paypal? If so, just call them and they can get your money back.

-Chris

I don't know about this situation, but most people, when sending a PayPal gift, have the money in their account to send the gift already.

[BULBUS]

Re: PayPal as a Gift

I don't know about this situation, but most people, when sending a PayPal gift, have the money in their account to send the gift already.

I recently sent a Paypal "gift" and used my cc. I was scammed (see Toby Upton thread), called my credit card, and got my money back. I will never use the gift option to make a purchase or sell an item again.

[ferro39]

Re: PayPal as a Gift

I recently bought an item on this forum that turned out to not be authentic. I paid by Paypal gift and now I have no recourse. I'll be adding the fee to my payments from now on to cover myself in the future.

assuming the seller is a member here and isnt standing behind what they sold, id be very curious to know who it is

ferro39 (at) yahoo dot com

[trsent]

Re: PayPal as a Gift

I recently sent a Paypal "gift" and used my cc. I was scammed (see Toby Upton thread), called my credit card, and got my money back. I will never use the gift option to make a purchase or sell an item again.

Now, did PayPal seal your account or anything for your actions? My concern as I do a high volume with PayPal that if I disputed a gift I would find the money frozen from other transactions.

[cohibasmoker]

Re: PayPal as a Gift

I think if we keep this thread going, perhaps someone at PayPal will see it and bye, bye "gift" payments.

Just a thought

[trsent]

Re: PayPal as a Gift

I think if we keep this thread going, perhaps someone at PayPal will see it and bye, bye "gift" payments.

Just a thought

They will not get rid of gifts - The gift option is useful for family to exchange money and other reasons. They will be monitoring accounts that appear to be abusing the gift option for payments and that I can understand.

[lakersmets49ers]

Re: PayPal as a Gift

I recently bought an item on this forum that turned out to not be authentic. I paid by Paypal gift and now I have no recourse. I'll be adding the fee to my payments from now on to cover myself in the future.

If you pay with your credit card you can file a chargeback with your credit card company and get your money back.

Regarding some of the opinions on here about sellers being greedy for wanting either the payment sent as a gift or the 4% fees covered, I feel there's two sides to every story.


As a seller, most of the time regardless of how good the price is, people are going to offer you less then the asking price and it's fair game to me but all I ask from a sellers perspective is that the buyer helps me make as much as I possibly can if I'm going to work with them to help them spend less then my asking price.

From what i see it's unfair to label sellers as greedy and refusing to even acknowledge other views. personally i feel in the case of those people is that if their interested in the item the seller is selling that they shouldn't be offering anything less then the price the seller has listed because to me if they expect the seller to negotiate the price but refuse to help the seller make as much as he can that their the greedy ones as they want the seller to lower their price but refuse to help the seller out by covering fees or sending the payment as a gift. I just don't think it's right for them to want to have it both ways.

i sell on jerseycentral.org regularly and i'm upfront in my listings about either payment as a gift or cover the fees and have never had a single bad transaction. doing it this way allows me to provide reasonable prices on the stuff i sell.



As a buyer, if I'm dealing with someone I know is legit or I've dealt with regularly, I have no problem sending the payment as a gift and usually that allows the seller to give me a better price. If it's someone I don't know I have no problem covering the 4% fees as more then likely the item im purchasing im getting a good deal on anyways.

[EurekaDave]

Re: PayPal as a Gift

Hey, for two months, I've been tracking a deadbeat seller because of the Paypal "gift." I've got local police, Canadian police, US Postal Inspectors and federal investigators on the case. All this because I thought I'd be a nice guy and send money as a gift. Warning to all. Paypal gift? You're giving away the store.

Dave Silverbrand
das1721@att.net

[commando]

Re: PayPal as a Gift

Hey, for two months, I've been tracking a deadbeat seller because of the Paypal "gift." I've got local police, Canadian police, US Postal Inspectors and federal investigators on the case. All this because I thought I'd be a nice guy and send money as a gift. Warning to all. Paypal gift? You're giving away the store.

Dave Silverbrand
das1721@att.net

Amen, brother. I'll pay the extra couple of dollars.... But I will NEVER again use Paypal as a gift.

[trsent]

Re: PayPal as a Gift

You guys are correct - Why people keep defending the PayPal Gift option are being silly. It is not safe and not worth the money saved if you get burned.

4% keeps being a number mentioned. I don't know about most, but I pay only 2.2% +.30-cents per transaction. If you sell under $3000.00 a month, you pay 2.9% +.30-cents per transaction.

Unless it is international, no one should be paying 4% to PayPal.

Protect yourself and your family and do not be tricked into sending PayPal Gifts for payments. It is against the PayPal rules and you can get burned for every dollar you send if the party on the other end is fraud or disappears.

Protect yourself and use the system correctly. If it costs you a few extra dollars you will find the difference is made up on the protection you have.

[lakersmets49ers]

Re: PayPal as a Gift

i see where you guys who are anti gift are coming from but how is it silly to defend the paypal gift or cover the fees option in some situations?

like i said before, say i'm selling an item for $100, i get an offer from someone for $80, i'm willing to take that $80 price and give them a good deal and save them $20, all I ask in return is that they either send the payment as a gift, or send me $83.20 regular payment so that I don't get hit with anything else on top of the $20 i cut off the price already. I think it's a fair compromise on both sides and it's the least the buyer could do when the seller is helping them out by dropping the price. I don't mind people sending me offers but it's only fair that I don't get hit with paypal fees if I'm dropping the price for them and I give them two options where I don't get hit with the fees.

In a perfect world from a selling standpoint buyers and potential buyers would be willing to pay the listed asking price and not try and haggle and get the price marked down even more and this wouldn't be a problem. fees could be factored in the price from the get go. ex sell a $100 item for $104 shipped and no need to include fees or the gift method.

Still though contrary to popular belief, you can get your money back if you send the payment as a gift. I said it before and I'll say it again, pay with a credit card that's linked to your paypal and if anything goes wrong, you call your credit card company, file a chargeback and your money is back within 24-48 hours.

Another thing that's been neglected to be mentioned is that buyers can be scammers too. I've heard numerous situations of buyers getting their item then filing a fraudulent claim that leaves the seller out of their money and their item.

Buying and selling wise though, 99% of the time if you do your homework on the seller and know who your dealing with you'll have nothing to worry about.

[trsent]

Re: PayPal as a Gift

i see where you guys who are anti gift are coming from but how is it silly to defend the paypal gift or cover the fees option in some situations?

like i said before, say i'm selling an item for $100, i get an offer from someone for $80, i'm willing to take that $80 price and give them a good deal and save them $20, all I ask in return is that they either send the payment as a gift, or send me $83.20 regular payment so that I don't get hit with anything else on top of the $20 i cut off the price already. I think it's a fair compromise on both sides and it's the least the buyer could do when the seller is helping them out by dropping the price. I don't mind people sending me offers but it's only fair that I don't get hit with paypal fees if I'm dropping the price for them and I give them two options where I don't get hit with the fees.

In a perfect world from a selling standpoint buyers and potential buyers would be willing to pay the listed asking price and not try and haggle and get the price marked down even more and this wouldn't be a problem. fees could be factored in the price from the get go. ex sell a $100 item for $104 shipped and no need to include fees or the gift method.

Still though contrary to popular belief, you can get your money back if you send the payment as a gift. I said it before and I'll say it again, pay with a credit card that's linked to your paypal and if anything goes wrong, you call your credit card company, file a chargeback and your money is back within 24-48 hours.

Another thing that's been neglected to be mentioned is that buyers can be scammers too. I've heard numerous situations of buyers getting their item then filing a fraudulent claim that leaves the seller out of their money and their item.

Buying and selling wise though, 99% of the time if you do your homework on the seller and know who your dealing with you'll have nothing to worry about.

Sure, you can get your money back from a PayPal gift if you use a credit card, but you can lose your PayPal account privileges if they determine you are abusing the system.

For those of us who are high volume users of PayPal it isn't worth the risk to lose our accounts.

[lakersmets49ers]

Re: PayPal as a Gift

Sure, you can get your money back from a PayPal gift if you use a credit card, but you can lose your PayPal account privileges if they determine you are abusing the system.

For those of us who are high volume users of PayPal it isn't worth the risk to lose our accounts.

to each their own i guess i respect where your coming from completely.

i've been doing the gift method for about 3 years now, with some deals in the thousands range, some transactions legit where people owed me money and they paid me as a personal payment and marked it payment owed.

this thread is a good read though, everyone has a point with where they stand and where their coming from.

[Neely8]

Re: PayPal as a Gift

If you pay with your credit card you can file a chargeback with your credit card company and get your money back.

You can't fund gift payments with credit cards. They have to be sourced through bank accts. or paypal balances. That being said you have no recourse should you get screwed by sending a payment as a gift.

[MarkakisMania]

Re: PayPal as a Gift

You can't fund gift payments with credit cards. They have to be sourced through bank accts. or paypal balances. That being said you have no recourse should you get screwed by sending a payment as a gift.

That is absolutely not true at all. I have done this as recently as several weeks ago. I have used a credit card through paypal to fund a gift payment. In this case it was to a charitable organization but it can be done.

Jeb