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• #402
But it also costs one of you 3%(?) in charges, the gift payment only costs £1.50 I think. I bought and paid for a bike via gift recently but it was from rih so it really depends on their track record.
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• #403
You'd have to be a helluva cheapskate to demand gift payment because of the 3% fee. Make me think you're the kind of person who'd also scrimp on the packaging material too..
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• #404
gift for people i know, not if if i don't. Simples.
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• #405
it is 4% and it can become quite much especially if you are selling stuff over 500pounds
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• #406
A £500 purchase would cost an additional £20 in fees.
More than worth it for the protection afforded, when compare to gifting the money. -
• #407
yes if the buyer pays, its fine.
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• #408
The seller should pay the fees. Just factor fees into your asking price.
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• #409
I believe even DK suggests that the buyer should pay if he/she wants the protection. Classifieds rules, suggestions section I think.
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• #410
You'd have to be a helluva cheapskate to demand gift payment because of the 3% fee. Make me think you're the kind of person who'd also scrimp on the packaging material too..
Bit dramatic. I paid Rih via gift, bike was extremely well packed and he got it to me from Holland in three days.
Why pay more if you don't need to? I'm not suggesting paying by gift to everyone
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• #412
PayPal Gift payment offers no protection at all. Nor are there any PayPal charges either to Buyer or Seller, associated with such transactions. This service is effectively same as a Bank Transfer, for those who have/use bank accounts. In recent years new banking laws have come into effect which promotes almost instant (same-day) transfers through automated banking systems. Prior to this, Bank Transfers would take 3-5 working days to clear.
A standard, basic PayPal payment attracts a charge of 3.4% + 20p paid for by the Seller, ie. the one receiving the payment. What this covers, in terms of protection to buyer, is non-delivery of goods, nothing more.
But the more pressing question has to do with dealing with PayPal in the first place after you have dealt with a buyer or seller. You have to be wary.
Corporate Scams make scammers look like child's play.
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• #413
Only non-delivery? So zero help / protection if the seller sends you a banana instead of a bike?
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• #414
Indeed, Banana via Royal Mail Special Delivery at that.
Surely this is not news?
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• #415
fetches bananas from fridge
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• #416
Have I mentiond Jazz Cycles yet? I imagine I wrote quite a text about them but cant remember posting it.
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• #417
PayPal Gift payment offers no protection at all. Nor are there any PayPal charges either to Buyer or Seller, associated with such transactions.
the part about no charges associated with "gifting" through paypal is not true, as stated above by Fruit. maybe you were talking about transaction within one country? i for sure know it does cost to "gift" by paypal abroad.
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• #418
^ not from UK > NL or the other way around....
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• #419
The complete PayPal price list of fees is in their T&C's.
https://www.paypal.com/uk/cgi-bin/webscr?cmd=_display-fees-outside
Of-course I was referring to PayPal's basic service which does not attract fees. Sending money abroad involves a currency exchange which has its own fees attached.
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• #420
i will find out soon enough how good paypal is in either retreiving money or getting the seller to get of his ass and send me my frame, i will file a dispute tomorow.
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• #421
oh no man! is that bulgarian lo-pro you're talking? i hope it goes well, man
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• #422
it arrived today, i guess the seller was just the quiet type :)
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• #423
quiet's no good when you have to wait and wait and wait
in any case great it all worked out -
• #424
Have I mentiond Jazz Cycles yet? I imagine I wrote quite a text about them but cant remember posting it.
what happened with jazz cycles? When i used to live in london I had many good experiences there.
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• #425
So what you are all saying is.....
Craig Windfield/winmister999
slim4130
Highlandpro (aka Steelisreal)
Jonnyrau (aka Leaf eater)
Steelisreal
Leaf eater (aka 'Liam')
Paypal
^ doubt it. You get really quite good protection (I think?) if you don't gift it, well worth the money