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Question about Paypal Gift

Karmices

Karmices

AK Super Member
Subscriber
I use Paypal Gift a lot in Barter Town without issue of any sort. But here's my short story and question.

I listed a really nice Technics SL1200 on Craigslist for $250.00. A guy emailed me with his number and I called and talked to him about the table. He said he'd buy it and have his daughter pick it up from and bring it to him over Thanksgiving break (he lives 4 hours from me). I told him he'd have to Paypal gift me the money, which he did, so I'm all paid up. Now is there anyway he can file a chargeback if he used his credit card to fund this through Paypal? I'm 99.8% sure he can't file a dispute through Paypal but not sure about chargebacks. I just don't want to be out the turntable and the money.
 
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Don't loose any sleep over it. Everybody's heard some wild anecdote but he gifted you the cash. He's the one at risk.
 
cubby01 said:
Don't loose any sleep over it. Everybody's heard some wild anecdote but he gifted you the cash. He's the one at risk.
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wrong. if the buyer used a hacked or fraudulent PP acct. or stolen credit card your going to lose. unless i know the person i never do sales like this.

gift or not.
 
No, this is one of the main reasons one shouldn't gift as a buyer that doesn't have confidence in the seller. You have no recourse. It was a 'gift'. You should be fine in this case. It would also depend on whether or not the account is 'verified'. If it is, you should be fine. If not, questionable.
 
stereocuuple said:
wrong. if the buyer used a hacked or fraudulent PP acct. or stolen credit card your going to lose. unless i know the person i never do sales like this.

gift or not.
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Sounds like you have a bias against Paypal.

If the OP was really concerned (I wouldn't be), there's an easy solution. That is to have the daughter bring $250 in cash when she picks up the turntable. OP can reverse the PP gift transaction, and the buyer can verify this immediately before going further and then continues as a cash transaction. The PP is in essence just a commitment to buy in that case.... a rather firm commitment IMO.
 
cubby01 said:
Sounds like you have a bias against Paypal.

If the OP was really concerned (I wouldn't be), there's an easy solution. That is to have the daughter bring $250 in cash when she picks up the turntable. OP can reverse the PP gift transaction, and the buyer can verify this immediately before going further and then continues as a cash transaction. The PP is in essence just a commitment to buy in that case.... a rather firm commitment IMO.
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I was hoping the daughter would bring cash, but she doesn't have that much on her, so Paypal Gift was the route to go. The buyer is also Paypal verified.
 
Karmices said:
I was hoping the daughter would bring cash, but she doesn't have that much on her, so Paypal Gift was the route to go. The buyer is also Paypal verified.
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Cool.

stereocuuple's (Eric or Erin?) point is a good one though -- in the case of fraud anyone could be screwed. Somebody hands you a counterfeit $100 bill and you take it then you are out $100. Same thing. I just see the scenario you gave as a very small risk. You have email correspondence from the PP users email account, you can ID the daughter, etc, etc. There's other things to worry about in life.
 
You're doing him the favor. Why didn't you just use the regular Paypal and charge him the 3%. No muss, no fuss.
 
ekmanning5 said:
You're doing him the favor. Why didn't you just use the regular Paypal and charge him the 3%. No muss, no fuss.
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Because it's a face to face transaction. If it's handled as a merchandise transaction (3% fee) with seller protection then (per Paypal) the item must be shipped with proof of delivery in case transaction if challenged.

All this stuff is on Paypal's site. Anyone using PP should know how to get the strait dope from them, on their site and in their FAQs and not rely on often conflicting comments in public forums.

Ed, if this were a shipping transaction I'd be in total agreement with you. Paypal's buyer protection does protect the seller against "unauthorized payment, an item not received claim, or a chargeback" (per paypal) as long as certain conditions are met.
 
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