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30 December 2009, 09:18 PM
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#1 |
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"TRF" Member
Join Date: Dec 2008
Real Name: Mike
Location: South Carolina
Watch: 3.3M 1655 Mk I
Posts: 2,384
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Question About Pay Pal ...
For the guys who sell/ship a lot of watches, is PayPal still a safe way to do business as long as you are dealing with a buyer with a verified address? Over the past few months, I have heard about a PayPal scam where the buyer files a complaint against the seller after receiving the merchandise and PayPal freezes the funds, or pulls the funds out of the seller's account - or something like that. Any advice? I prefer bank wires, but have done business through PayPal with verified addresses before. I just don't know anything about my prospective buyer. He's new here with zero posts.
Thanks, Mike 
__________________
"A little sleep, a little slumber, a little folding of the hands to rest, and poverty will come upon you like a bandit, and scarcity like an armed man." Proverbs 24 "It is better to remain silent and be thought a fool, than open your mouth and remove all doubt." Unknown "Better to be a nobody and yet have a servant than pretend to be somebody and have no food." Proverbs 12 |
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30 December 2009, 09:20 PM
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#2 |
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Banned
Join Date: Dec 2007
Real Name: steven
Location: tampa bay
Watch: 1680 18k sub
Posts: 6,672
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I would be very very careful..
it is very dangerous to use paypal if its from someone you dont know..they can easily do a chargeback thru their credit card company or just file a merchandise not as described complaint and then its up to you to proove that your merchandise wasnt fake etc..very bad news.. |
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30 December 2009, 09:24 PM
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#3 | |
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"TRF" Member
Join Date: Dec 2008
Real Name: Mike
Location: South Carolina
Watch: 3.3M 1655 Mk I
Posts: 2,384
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Quote:
Take care.
__________________
"A little sleep, a little slumber, a little folding of the hands to rest, and poverty will come upon you like a bandit, and scarcity like an armed man." Proverbs 24 "It is better to remain silent and be thought a fool, than open your mouth and remove all doubt." Unknown "Better to be a nobody and yet have a servant than pretend to be somebody and have no food." Proverbs 12 |
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30 December 2009, 10:32 PM
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#4 |
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"TRF" Member
Join Date: Aug 2009
Location: USA
Watch: See my signature
Posts: 1,189
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As a seller, Bank wire is preferred. As a buyer Credit Card or PayPal is preferred.
BUT BUY THE SELLER NOT THE ITEM!!!
__________________
"Woody and Jen say hey from North Kakalaki"  19019, 19018x3, 17000x2, 16570x2, 16220, 5700, 1501, 6564, 16030, 16710, 16610 
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30 December 2009, 11:10 PM
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#5 |
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"TRF" Member
Join Date: Apr 2008
Real Name: ChrisTOPHer
Location: Sydney
Watch: Rolex, Brellum,
Posts: 12,601
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__________________
 "Where no counsel is the people fall, but in the multitude of counselors there is safety." Member No.# 11795 |
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30 December 2009, 11:24 PM
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#6 |
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"TRF" Member
Join Date: Oct 2009
Real Name: Steve
Location: America
Watch: 16610
Posts: 100
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If they trust you, you can always get them to "gift" you the amount, you also wont have to absorb the fee that way. The buyer has no recourse however
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31 December 2009, 05:15 AM
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#7 |
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"TRF" Member
Join Date: Dec 2008
Real Name: Mike
Location: South Carolina
Watch: 3.3M 1655 Mk I
Posts: 2,384
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Thanks!
Thanks everyone for your replies. The watch is gone and everyone is happy!
Mike
__________________
"A little sleep, a little slumber, a little folding of the hands to rest, and poverty will come upon you like a bandit, and scarcity like an armed man." Proverbs 24 "It is better to remain silent and be thought a fool, than open your mouth and remove all doubt." Unknown "Better to be a nobody and yet have a servant than pretend to be somebody and have no food." Proverbs 12 |
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