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Valued Member
United States
100 Posts |
Just another free tip. Which may or may not apply depending on how your PayPal account is setup. I use PayPal for both ebay and non-ebay selling. It isn't an option with ebay thanks to the way the toadmunches have the two systems linked (and ebay owns PayPal) - it automatically is tied to the auction and I automatically have to pay a percentage to PayPal (in addition to ebay listing and final value fees - as nlp stated these fees add up) but when you sell something privately say via this forumn, another, craigslist, or whatever - if the buyer will make a "gift" payment you are not charged a percentage by PayPal. You get the full amount the buyer pays. Frankly, I'm surprised they haven't plugged that hole but they haven't yet. I've saved myself hundreds when selling other than on ebay using this option. Earl |
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Locked
822 Posts |
Quote:Frankly, I'm surprised they haven't plugged that hole but they haven't yet. I've saved myself hundreds when selling other than on ebay using this option. And it's because of people like you, the people that use it the right way will be slapped. Won't be able to send money to my kid in college anymore for free, or to my wife's account, or her to me.. Good job. Theft of services, look it up. Before anyone starts whining about how much they make, or that you pay them enough already, blah, blah, blah...... go shop for your own merchant account and see how Paypal matches up. Edited by scubu
01/25/2012 12:49 pm
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Pillar of the Community
United States
7840 Posts |
To answer an unanswered question form the OP, Yes, you can end an auction early, you just have to state what the reason is, usually "the item is no longer available for sale" (or something along those lines). I believe that there is a certain time that you cannot "end it early", but you cannot make changes when there is less than 12 hours remaining on the auction. Note of caution: there is a lot of activity in the last hour (or less) of the auction. Some people wait until the last few seconds to place their bid as a "snipe" to try and get the item for the least amount of money. If you are going to sell on ebay, let it go until it closes, you may (or may not) be surprised. Just remember that the "buyer" dictates what the item will sell for...unless you put a "reserve" price on it, which costs a little extra as well. There ought to be a "Dummies" Book about ebay. No offense, there are just alot of people who are trying to get educated on on-line auctions.  Edited by oih82w8
01/25/2012 1:36 pm
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Pillar of the Community
United States
1391 Posts |
Scubu, did you know what you were talking about before you just went off? When you use a gift option the person sending the money gets charged the fees, not the person getting the money. That is the right way, it was designed that way. Now why the heck are you sending money to your kid in college with paypal? Put the money in his accound, or send cash, or a check or something else.
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Locked
822 Posts |
Quote:
Scubu, did you know what you were talking about before you just went off? Listen tough guy, if you're going to play the sarcasm card, play it with a full deck. You're wrong. Gift is free. Period. |
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Valued Member
United States
100 Posts |
Scubu I'm not a merchant, just someone that helps pull my family through paycheck to paycheck and also feed my hobby. I'm not abusing services or anything else. Believe you me, over the years ebay and PayPal have received more than enough fees for their "services" from me. Earl |
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Locked
822 Posts |
Quote:Scubu I'm not a merchant, just someone that helps pull my family through paycheck to paycheck and also feed my hobby. I'm not abusing services or anything else. Believe you me, over the years ebay and PayPal have received more than enough fees for their "services" from me. Earl Called that one didn't I?  I knew you'd whine try to justify it. You're stealing. No ifs, ands, or buts about it. |
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Valued Member
United States
100 Posts |
If you say so scubu..difference of opinion. No where does it say on PayPal that you can't use gift payments in the way I described. You work for PayPal I guess? If so, I will await my nasty gram from them. Earl
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Moderator
 United States
23522 Posts |
Paypal Gift is only free if you use a Paypal balance or direct-from-bank method; credit/debit card "Gifts" are charged fees. Either way, if you use it for regular commerce you are not only circumventing (that's a polite word instead of the one I want to use) Paypal's ability to earn a profit (and they're not abnormally profitable from a business standpoint), but you're also eliminating your recourse for a transaction gone bad.
Paypal offers zero protection for a "Gift" transaction. You're on your own.
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Locked
822 Posts |
Quote:
No where does it say on PayPal that you can't use gift payments in the way I described. Wow. You've got to be kidding me. If you can't follow it by the payment type names themselves (Goods, services, gift, etc... duh.) I'll point it out for you, gift is on the personal tab, this is from the user agreement that you agreed to.... Quote:
"Personal Payment" means amounts sent between two individuals (not to or from a business) without a purchase. Examples of Personal Payments include sending a gift to a friend or paying a friend back for your share of a lunch bill. Cmon' you can come up with a different story now right... to justify your not stealing? |
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Valued Member
United States
100 Posts |
Scubu, thank you for pointing that out to me. You may choose not to believe it (since you've already called me a thief repeatedly), but I was unaware that was in the agreement and hadn't viewed it in many years. I had to go and find it on their site and view it myself. It is quite clear and also has the following: 4. Receiving Money. 4.1 Receiving Personal Payments. If you are selling goods or services, you may not ask the buyer to send you a Personal Payment for the purchase. If you do so, PayPal may remove your ability to accept Personal Payments. As such, I won't use gift payments as a form of payment anymore. Perhaps that will make you happy. I'm sure you are also fine with the fact that in years past I had a personal account and was fine with working within the limits of that ($500 monthly limit, no credit card payment reciepts). Ebay/PayPal forced me to upgrade to Premier and in so doing pay a percentage on every payment received not just credit cards. I'm sure you are fine with the strong arm tactics they've used over the years. In a perfect society you could go elsewhere, but there is no elsewhere. After they stopped "EXPLICITLY" allowing all payments related to guns and ammunition a similar service "GunPal" started up but it turned out to be a farce. I'm sure if PayPal (and hence ebay) knew of all the thousands of firearms/gun/ammo related transactions that were run through them each day "discretely" they would refund all such funds and fees rendered immediately, don't you think? And just for future reference (if you so care). You can make your point and bring others around to your way of thinking easier - if you aren't such an butt about it. (That's funny, I didn't type butt).. :) Earl Edited by EarlB
01/25/2012 3:51 pm
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Pillar of the Community
United States
1391 Posts |
"You're wrong. Gift is free. Period."
"Paypal Gift is only free if you use a Paypal balance or direct-from-bank method credit/debit card "Gifts" are charged fees."
That explains it. When I've always used gift I was charged a fee.
Also, I just was reading through the Paypal website and apparently if you account is NOT linked with a bank account you will not be able to transfer in gift mode for free.
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Pillar of the Community
United States
2254 Posts |
Quote:
Listen tough guy, if you're going to play the sarcasm card, play it with a full deck. I'm listening now and so is the rest of the staff. Figure out a different way to get your point across Scubu because you are dangerously close to stepping over the line that I just drew in the sand. Having said that, I do agree with you on the topic that is off topic.  Quote:
if you aren't such an butt about it. (That's funny, I didn't type butt).. :) Our software has skills.  Hopefully we've helped the OP since this thread was semi hijacked. I will say that paying with the "gift" option is extremely risky. Just because you know someone online doesn't mean that you really know them. You can't get money back or dispute a gift! |
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Previously Banned Member
107 Posts |
have been selling on ebay for 8 years and this was true a few years ago. However, ebay changed its policies. As biokemist6 stated: "Sellers are most definitely responsible for items arriving safely to buyers, stating otherwise is against ebay rules". This creates a problem for sellers because most coins are shipped by first class lettermail without tracking or insurance to keep postage costs down. Out of the last 500 packages that I shipped by lettermail, I only had 2 buyers report that they did not receive their coins. I ask the buyer to wait 30 days from the date that I mailed the coins. If after 30 days, the buyer still claims that he has not received his coins, I give a full refund including shipping & handling charges. I have only had to give 2 refunds (one for $30+ and one for $50+ It is most important to price your items realistically. I check current market prices such as online dealers' prices, ebay prices and "Current Trends" from Canadian Coin News for the coin that I am listing. Also, when you decide on an amount for shipping & handling charges, remember the following costs: ebay listing fees, ebay seller fees, Paypal fees, packaging materials (2x2 coin flips, padded envelops, etc.) and actual postage costs. I find it better to include these expenses in the shipping & handling charges. Remember, if a Canadian seller sells a BU one dollar coin to another Canadian on ebay for $1.99 and charges $1.99 for shipping & handling, his total income is $3.98 and from that, he has the following expenses: ebay listing fee $0.20, ebay seller fee $0.48, Paypal fee $0.54, 2x2 flip $0.04, padded envelope $0.46, postage stamp $0.69 with taxes ($1.20 to U.S.) plus the $1.00 for the coin ($1.58 per coin if he bought from dealer @ $34.95 per roll plus 13% taxes). Also remember, the postal service may lose 1% of your packages and you may have to refund the buyer. Many of the BU coins that I sell are from rolls that I buy from dealers as mentioned above. My actual cost to sell that coin and mail it to the buyer in Canada is $3.99 (see breakdown above). If I sold the coin for $1.99 and if I charged 1.99 for shipping & handling, I would have an income of $3.98 and only lost 1 cent on the deal. If I had got the coin for face value, I would have made 57 cents on the deal. I am disabled and sell on ebay to keep busy and sane. If I do better than break even, I am happy. The guys who make real money (from my selling on ebay) are ebay, Paypal and Canada Post (not me). |
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Previously Banned Member
107 Posts |
To lie or cheat is morally wrong ... everyone should pay their dues. Do you cheat Paypal by saying a purchase is a gift and do you justify it by convincing yourself that Paypal makes too much already? Do you cheat your country by stating a purchase is a gift on the customs forms to save duties or taxes and do you justify it by convincing yourself that you pay enough taxes already? Why not shoplift because Walmart is already rich enough? Where do you draw the line? Do the right thing ... tell the truth and pay your dues! I was standing in line waiting to buy a ticket to a movie. The man ahead of me was with his 12 year old son. A sign said adults $8.50 and children under 11 years old $6.50 ... As he approached the ticket counter, I heard the man say: "tell the lady you are 10 years old" ... What lesson did the boy learn ... was it worth $2.00 to his dad? Edited by coinvet
02/02/2012 3:15 pm
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Posted 01/25/2012 12:21 pm
