and have only been listing Paypal as a payment option and so far people are requesting to pay by alternate means. I have heard (although i cant confirm via the Paypal site at present) that buyers can get charged a fee by paying this way after a certain number of transactions. Why would someone want to direct bank deposit rather than use paypal otherwise? I am unsure?
2007-01-30 15:25:40 · 5 answers · asked by Boo Boo 5 in Computers & Internet ➔ Internet
Do not even THINK about giving a buyer your bank account number so they can do a direct deposit. This is a scam to gain access and clean you out.
Money orders and cashiers checks are quite often counterfeited and used to make scam purchases. You get the money order and ship the goods only to find out a couple weeks later that it was no good. The buyers give an address where they know no one is home during the day and watch for the UPS truck to deliver. They then make off with the package and you are stuck.
PayPal is the safest and most convenient way to do business and the cost, if any, is minimal. To pay with PayPal, buyers must submit credit information. Scammers don't want to do this.
2007-01-30 15:40:40 · answer #1 · answered by John H 6 · 1⤊ 0⤋
The seller pays for the joy of having the buyer pay into their Paypal account... and then pays Paypal another amount if they actually want to use the money, ie the cash by transferring it to their bank account.
As a buyer Paypal gives 'some' protection but don't think you are covered as they don't always agree And you can only claim three (3) refunds in a 12 month period ... with all the scammers/cheaters on eBay this really isn't satisfactory in my book.
We have bought and sold on eBay for around four years and have had no problems with paying direct debit ... we live in Oz :D. Our eBay account has been scammed and once using my credit card to pay for something led to an unauthorised usage but that was refunded by the credit card company with no hassle.
Bank Deposit means the payment is in the sellers bank account and can be used by them ... paying into Paypal means they can only use the money to pay for online purchases and so the money you pay for postage has to come out of their pocket. To get the money to their bank account costs and takes at least three days to happen.
remember Paypal is owned by eBay.
2007-01-31 00:21:16 · answer #2 · answered by pixie_proof 3 · 0⤊ 0⤋
I think there may be a limit (amount of $) you can pay by Paypal before registering for a proper account (costs $).
But some people just prefer other ways to pay.
Actually - Paypal hurts the seller, not the buyer, in most cases. You have to sacrifice a certain amount to get your money out of Paypal. I'm not sure - you might be able to use it to pay for other things without losing money.
Generally it's the sellers that ask you not to use paypal unless you are international and use a differnet currency.
At least - thats the way it is down here in Australia.
2007-01-30 23:32:03 · answer #3 · answered by Jawapro 3 · 0⤊ 1⤋
I have always (and only) used paypal when purchasing on ebay, and I have never been charged a users fee. I can't imagine why anyone would want to direct bank deposit.
2007-01-30 23:29:46 · answer #4 · answered by Sweet n Sour 7 · 0⤊ 0⤋
Ebay will not charge a fee to use paypal plain and simple. They will however; charge a 10% fee (I think) for every item you SELL.
2007-01-30 23:31:55 · answer #5 · answered by Stryker 2 · 0⤊ 1⤋