Foreign buyer payments??
- Thread starter DukeofDBQ
- Start date
if he's in Spain but you are shipping to a US address, than PayPal is a poor choice as shipping to an address that is not his PayPal confirmed address voids PayPal's Seller Protection which means you will lose virtually any charge back dispute filed.
Kevin
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Have two paypal accounts, two bank accounts. Take money out before you ship, leave 2.50. Some jacktard wants to pull a fast one, they can try and get money out of an account with 2.50 in it.
JV
JV
If you owe Visa $2,000 and decide to stiff them do you think the fact that you have $4 in your bank account will stop Visa from collecting on your butt? PayPal has the legal right to collect in the event of charge backs and they do what businesses with a legal right do to collect, which has nothing to do with your linked bank accounts or how much is in them.
Kevin
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I've sold and shipped several Cues to foreign countries and ONLY accept Western Union as payment.
As stated above, PayPal with a Confirmed U.S. shipping address is also "fairly" safe.
Only (2) types of Sellers accept PayPal ... Those who have been screwed by
PayPal and those who will eventually be screwed by PayPal.
They have a track record of NOT protecting Sellers and so does eBay.
But then, eBay owns PayPal, so therein lies the Monopoly.
As stated above, PayPal with a Confirmed U.S. shipping address is also "fairly" safe.
Only (2) types of Sellers accept PayPal ... Those who have been screwed by
PayPal and those who will eventually be screwed by PayPal.
They have a track record of NOT protecting Sellers and so does eBay.
But then, eBay owns PayPal, so therein lies the Monopoly.
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Having been in a dogfight with Paypal they can shut down your service and that's it. If the bank account linked to the paypal address is empty, they are screwed. I was smart enough to do this. BTW what I meant was two bank accounts, not paypal account. I do an immediate transfer once it hits the bank.
Paypal had me shut down for a few months till I had to take matters into my own hands and retrieve a cue.
JV
JV
This is incorrect. Their other remedy is to take the electronic agreement that you signed when you agreed to what is essentially MasterCard's boilerplate in order to accept payments that are credit card funded along with proof of the charge back they suffered and file and win a judgement against you which they do about a zillion times a month.
Kevin
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I do about 40K a month through PayPal as a Seller (more as a buyer) in this down economy. I had it to about 60K when the economy was better and have been doing so for about 15 years and have yet to be screwed by them, so I guess by your formula, I'm just waiting my turn.
I figure (possibly naively) that my risks are exactly the same as they were through my credit card terminals (until I shut those off in favor of PayPal which actually offers me a better Protection Plan) and my protection comes in doing business in the way PayPal (and Master Charge) prescribe. I do business through PayPal exactly as is outlined in their Seller Protection Policy and have never suffered a charge back loss that wasn't covered by PayPal.
I have yet to see a story from a seller getting "screwed" by PayPal where the seller didn't deviate from the guidelines in PayPal's seller's protection policy, but maybe that's just I haven't seen enough.
Kevin
Kevin,
I took essentially 1600 out of an account, when they found for the other guy in a dispute, (wrongly) they had no money. They sent me an e-mail about my account being inactive. That was it.
They cannot get what they can't get there hands on. BTW they have 100% buyer protection and 100% seller protection, when it breaks down NO ONE is protected.
JV
Im from Europe,and i always ask to make the payment with wire transfer.
First reason for that is i dont have a pay-pal account,second i think this protect the seller.....On the other hand i dont buy from everybody
Its nice of you to always offer your seller a wire transfer as it for sure protects them. However, I'm not sure what protections the process offers you as a buyer.
Thanks
Kevin
You are right offcourse,but like i say i dont buy from everybody...before i do my homework,in that sense im limited.....on the other hand i know many,many great person here on the forum that i will give my money first...and doesnt have nothing to do with itrader (important yes but not most important)
I can say as a trivia story that i was after a cue some times ago...i offer to the buyer wire transfer,after that escrow service on my account and the seller didnt wanted to deal with me,it was very strange and to be honest also very insulting for me....after few days the seller ask me to procede with the deal...offcourse i refuse and say to myself that i will not try to do deals with that person never again,even if he have a Mobley for sale,lol
Also i have great experience with one member here,i was after a case but was over my price range...he told me:Hey Alan,you pay me 600 now,in few months when you will have some more money you will transfer me another 200 is no problem.
Offcourse i refuse because i dint want to make advantage of the seller,but he touch me straight in the heart and if we ever do deals,i will send him my liver first if he ask.Need to mention that i didnt do deals before with the owner of this case,a only knew him on this forum,nothing else.
the conclusion is that people need to do their homework and dont read to much bullshit,we have here really great persons,no matter from what country they are,and we have in here scumbags,they come also from everywhere....so,do your search people and be carefull
Kevin you are a great example,we never did a deal,but based on what you write here on the forum and based on your behaviour etc...i would give you my money first any time,but hey,that's only me
Have a great evening everybody
Joe
The procedure for getting one's hands on legally owed debts is to go to court and earn a judgement and then collect upon it.
Kevin
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You are right offcourse,but like i say i dont buy from everybody...before i do my homework,in that sense im limited.....on the other hand i know many,many great person here on the forum that i will give my money first...and doesnt have nothing to do with itrader (important yes but not most important)
I can say as a trivia story that i was after a cue some times ago...i offer to the buyer wire transfer,after that escrow service on my account and the seller didnt wanted to deal with me,it was very strange and to be honest also very insulting for me....after few days the seller ask me to procede with the deal...offcourse i refuse and say to myself that i will not try to do deals with that person never again,even if he have a Mobley for sale,lol
Also i have great experience with one member here,i was after a case but was over my price range...he told me:Hey Alan,you pay me 600 now,in few months when you will have some more money you will transfer me another 200 is no problem.
Offcourse i refuse because i dint want to make advantage of the seller,but he touch me straight in the heart and if we ever do deals,i will send him my liver first if he ask.Need to mention that i didnt do deals before with the owner of this case,a only knew him on this forum,nothing else.
the conclusion is that people need to do their homework and dont read to much bullshit,we have here really great persons,no matter from what country they are,and we have in here scumbags,they come also from everywhere....so,do your search people and be carefull
Kevin you are a great example,we never did a deal,but based on what you write here on the forum and based on your behaviour etc...i would give you my money first any time,but hey,that's only me
Have a great evening everybody
Alan
Thanks for the kind words.
International transactions are tricky and really, as you point out, have to be done with a certain amount of trust, and again as you suggest, if one is going to risk based on trust, some investigation and knowledge are a very good idea.
Kevin
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Kevin definitely knows what he's talking about.Bank transfer or Western Union only! No Paypal.Good luck.Hope it wasn't your Searing
Marc
Great information.