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Pay Pal Pitfalls: Never send money as a gift

Posted: March 19th, 2012, 10:56 pm
by Daninski
Just as the title says... if you send money as a Gift through PayPal to avoid the fees, you are waiving any rights you have to dispute the reversal of the transaction. Gifts have no attachment to goods/service, so there is nothing to for PayPal to investigate to confirm the transaction.

Why this is a problem...

1) You sell an item to someone
2) They send you money as a Gift
3) You ship the item, it arrives
4) They dispute the Gift, which 99 times out of 100 will be immediately refunded without you having any way to dispute it.
5) You are now out your item and the money you were paid temporarily for it.

Please be smart... saving a couple bucks on the PayPal fees is not worth this scenario!!!

Re: Pay Pal Pitfalls: Never send money as a gift

Posted: March 20th, 2012, 5:37 am
by 2fazed
So what do you do if they mark their payment as a gift? Reverse it and tell them to mark it as goods? If you have tracking info, wouldn't that be enough for Paypal?

Re: Pay Pal Pitfalls: Never send money as a gift

Posted: March 20th, 2012, 6:31 am
by Nd4SpdSe
2fazed wrote:So what do you do if they mark their payment as a gift? Reverse it and tell them to mark it as goods? If you have tracking info, wouldn't that be enough for Paypal?
Well if they do that it's upto you to own up to actually sending the product. It means you could screw them over.

Re: Pay Pal Pitfalls: Never send money as a gift

Posted: March 21st, 2012, 12:19 pm
by wagZE
Well there are times when you can just use your best judgement. There are sellers on this forum whose feedback is worth more to them than the cash of the item they are selling
like me :mrgreen:

Re: Pay Pal Pitfalls: Never send money as a gift

Posted: March 21st, 2012, 2:55 pm
by Mooneggs
I agree with WagZE. I only use the gift option for people I fully trust (the list is short). The person paying me should feel the same way about me if choosing to use gift (and how could you not with a feedback and reputation like mine 8) )

If neither of those conditions of trust are true, then just use the normal way :shrug:

Re: Pay Pal Pitfalls: Never send money as a gift

Posted: March 26th, 2012, 7:43 pm
by fowljesse
If any of you send me money as a gift, I will not reverse the transaction*. You can trust me.







*Doesn't apply to purchases

Re: Pay Pal Pitfalls: Never send money as a gift

Posted: March 27th, 2012, 7:50 am
by Daninski
fowljesse wrote:If any of you send me money as a gift, I will not reverse the transaction*. You can trust me.
*Doesn't apply to purchases
:lol: and socks too.

Re: Pay Pal Pitfalls: Never send money as a gift

Posted: March 27th, 2012, 1:45 pm
by fowljesse
I wore my Canada socks the other night to a party, at which I was wearing only a vintage "Union Suit", the one piece red underwear suit with a button butt flap.

Re: Pay Pal Pitfalls: Never send money as a gift

Posted: March 31st, 2012, 8:03 pm
by MrMazda92
Gifting isn't even the best method... Link and confirm a bank account, then send as "payment owed", there'll be 0 fees, and you can dispute as normal.