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Old 01-23-2020, 12:26 PM #1
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Online Payment Methods

Hi Guys -

Didn't really see a good place to post this in the classified sections so figured I would ask here.

For those that have sold something on this site and shipped it to a buyer, how did you get paid? Looking for a good way to protect myself and the buyer too of course.

Paypal, Venmo...?

Thanks guys
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Old 01-23-2020, 12:36 PM #2
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I've sold a couple of parts on CL that the buyer paid for shipping. I've used Paypal without any issues thankfully.
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Old 01-23-2020, 02:11 PM #3
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10 year paypal user. Have used it thousands of times. Handful of times I've had to use buyer protection and had no issues.

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Old 01-23-2020, 02:15 PM #4
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Another vote for paypal.Have never sold but have bought plenty.PayPal protects both buyer and seller.
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Old 01-23-2020, 03:28 PM #5
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PayPal has worked well for me both buying and selling.
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Old 01-23-2020, 03:55 PM #6
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I've used Paypal
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Old 01-24-2020, 11:46 AM #7
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PayPal protects both buyer and seller.
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Old 01-27-2020, 04:21 AM #8
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paypal of course
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Old 01-27-2020, 08:23 AM #9
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PayPal until you get in the thousands, than wire transfer.
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Old 01-27-2020, 05:31 PM #10
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Paypal and wire transfer. But you need to be cognizant of the costs of each and factor them into your pricing. Oryou can or use um as a bit of a bargaining chip with the prospective buyer...
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Old 01-27-2020, 06:48 PM #11
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couple of things OP.

do NOT use venmo. its for friends. there is zero chance you will get that money back if something goes wrong. the only time i would use it is if i met someone locally and had the part in hand.

while every one else here is recommending paypal (which i agree with). they are leaving a very important piece of info. you can send money two ways with paypal:

-friends and family (like venmo)
-paying for a good or service (which gives you the buyer/seller protection you want).

the friends and family is free for both parties (why no one gets any sort of protection, its the same thing as venmo). the goods and service option is the more secure option. both parties get buyer/seller protection, but the seller has to pay a 4% fee. some sellers eat this cost, some factor it into their asking price at 104%, and lastly some charge the buyer the 4% by adding 4% to their total.

i see the 'add 4%' the most because the buyer/seller protection mostly benefits the buyer. yes, it can benefit the seller, but the main reason the protection is there is in case if the seller never ships your item. ive read multiple times (with zero evidence to back this up), that paypal will likely side with the buyer if something goes south. although i have reason to believe in all of these cases that the seller had no proof anything was shipped; which in that case paypal would basically side with the buyer instantly.

so how can you help yourself so this doesnt happen, or if something gets lost in the mail?

-as soon as you ship this item, mark it as shipped in paypal and include the tracking.
-send an email/PM/text/whatever either reiterating this info, or tell them to check their email for the tracking info (paypal sends you an email when the buyer updates on their end).
-ask the buyer to notify you when they receive the item.
-KEEP THE DAMN RECEIPT. DO NOT TOSS THE RECEIPT. i cannot stress this enough. i have tracking receipts from stuff i sold last march that i just havent gotten around to tossing. i dont know what the timeframe for someone to file a claim against you for, but i recommend you keep the receipts for atleast that time frame incase someone opens a case against you. keeping the receipt will allow you to upload as proof if it comes this far. no receipt = no proof.
-write what you shipped on the receipt. it makes shifting through your tracking receipts a lot less painful.

if you do all of the 5 things i list above. you will have all the proof you need to show that you did your job.

that is basically everything you need to know in a nutshell.
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Old 01-27-2020, 06:50 PM #12
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Quote:
Originally Posted by jrm View Post
Oryou can or use um as a bit of a bargaining chip with the prospective buyer...
how do you use a payment method as leverage when selling something? at this day in age, anyone selling anything online should have paypal. paypal works with all banks AFAIK.

if a seller who i am not meeting in person only accepts venmo (or something i dont have), they arent selling me that item. my bank doesnt work with venmo and its not secure, so im not losing any sleep over not being able to use venmo.
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Old 01-28-2020, 01:54 AM #13
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easiest thing to use is paypal and pay with your credit card option.
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Old 02-01-2020, 10:39 AM #14
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Well...

Quote:
Originally Posted by mesooohoppy View Post
how do you use a payment method as leverage when selling something?
You can negotiate the paypal fee and shipping to start.
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Old 05-13-2020, 01:13 PM #15
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Hey, I think you can try to use a third party payment app for that, I am sure there are payment systems that would help you with that. Honestly, I am using skrill card about which I found out thanks to the articke https://baxity.com/skrill-registration and as a result I've got a skrill card and a gold status account. More than that, I am nearly sure you will allow you to charge for access to wifi. With all that you will get a full instruction how to verify your skrill account using Baxity and how to get a bronze, silver or gold account. Trust me, this is the best payment system designed for your needs. So, go on and check it, I am pretty sure it will be useful for you
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