[Rhymenocerus]

Are there any scams people run with paypal and the used bike market? Im going to meet up with a guy in a while and he wants to use paypal.

 

[tihsepa]

Have him pay you as a gift not for goods. He takes a hit on the fees and cant cry foul later and get his money back.

 

[Robert1]

PayPal is always safer for the buyer then the seller. The buyer can always file a dispute even like three months after the transaction and the seller has no recourse. In fact I hate accepting money through PayPal. Been burned before that way.

 

[Rhymenocerus]

Ok thanks.

 

[bikerjulio]

And have the money in your account before handing over the goods.

 

[Robert1]

Oh are you the buyer or the seller? If you are the buyer sure use PayPal but if you are the seller no way I would not do it.

 

[Robert1]

And have the money in your account before handing over the goods.

With PayPal that makes no difference at all. The buyer can always file a dispute any time afterwords and make any kind of complaint and PayPal will go back and take the money out of the sellers account.

 

[Rhymenocerus]

Yeah ive heard bad things about being the seller through Paypal, ill see if he can do cash.

 

[bikerjulio]

PayPal is always safer for the buyer then the seller. The buyer can always file a dispute even like three months after the transaction and the seller has no recourse. In fact I hate accepting money through PayPal. Been burned before that way.

you can dispute a gift ???

 

[Robert1]

Let's put it this way PayPal is looking for any opportunity that they can to hold money out of your account. I don't know if it's possible to dispute a gift but I can tell you from personal experience that PayPal will screw the seller. Best case scenario you will have to pay the money back and wait months for them to do their investigation and credit you back. It's not worth the risk.

 

[tihsepa]

you can dispute a gift ???

Nope. Its a gift. Not an exchange for product or merchandise.

 

[bikerjulio]

Rob - I agree with you really.

Cash (genuine) is always good.

 

[Robert1]

If he says he didn't authorize it, someone got access to his account...it doesn't matter. Paypal will withdraw the funds from the recipients account until they finish investigating it which can take months.

Personally, I think it's pretty fishy that someone that is meeting you in person wants to pay with palpal.

Nope. Its a gift. Not an exchange for product or merchandise.