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How does paypal work?

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Old May 7th, 2010, 09:52   #1
Brokenwings
 
Join Date: Apr 2010
Location: Ottawa, Orleans (Ontario)
How does paypal work?

I have an account but never used it.
Me and this guy made a good deal on a gun i will buy, he told me to send the money by typing in his email in paypal (i get that part)

Then what? o.O Is he going to get the money before i get the shipment orrr?
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Old May 7th, 2010, 10:04   #2
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Basically you open your Paypal account and input all your personal contact information. Since at this point you have no money in that account you will need to link it to either your bank account for instant transfer or assign a credit card. Then when you send money it will prompt you for the payment method you want to use.

It's pretty straight forward. Just take some time to go through the setup process. Make sure if you do add a credit card, that your billing address for the card matches exactly with the address you provided for your Paypal account.

And yes, he will get the money before the product ships. That is standard business practice. Make sure you are comfortable with this person as a seller.
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Old May 7th, 2010, 10:09   #3
Brokenwings
 
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Alright cool, But theres still no way on seeing if i will get the shipment?

What happens if he gets the money an did clearly sent it, and i get nothing in return?
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Old May 7th, 2010, 10:10   #4
Blackthorne
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I only deal with Pay Pal users who are verified. Google it.

If the seller doesn't have a confirmed address walk away.
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Old May 7th, 2010, 10:17   #5
Brokenwings
 
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How do you check if there have a confirmed adress?
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Old May 7th, 2010, 10:23   #6
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It will show "confirmed address" in bold green right beside the address
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Old May 7th, 2010, 10:29   #7
Brokenwings
 
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Okay cool. i cant see that yet cause my own account hasnt been confirmed. (using debit)
gotta wait 3-5 days apparently.

thanks guys!
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Old May 7th, 2010, 12:55   #8
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I personally don't like paypal that much. They will sometimes screw you and take your money/limit you (seemingly randomly). It's rare but I've heard from a few people who have had that done to them.

As for how it works the username/account is linked to the email address so you just input the sellers info and paypal will transfer the funds from your bank account or credit card if you've linked it.

Also buyer MAY decide to screw you but with a confirmed address it's less likely because paypal will screw them for scamming if they're caught. Make sure your package is tracked and if a dispute is opened up just show paypal the receipt/tracking number and hopefully you won't be limited.
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Old May 7th, 2010, 13:53   #9
Hata
 
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IMO, paypal is great, easy and safe. (Beside you have to wait 5 business days to transfer the fund from paypal to your back which really suck... )
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Old May 7th, 2010, 14:06   #10
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I've gotten "screwed" a few times, and paypal has been good about getting me my money back. I really like the paypal credit card. Once someone tried to buy like $300 in chocolate, and they stopped it, and got me a new card with a few weeks.
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Old May 7th, 2010, 15:00   #11
Ronald Chang
 
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In my experience, Paypal is too slow, expensive (usually the sellers transfer the service charge which should, according to Paypal, be paid by the seller, to the buyer).

I have tried to place an pre-order with an ASC retailer who only accepts Paypal. It turned out my payment AND pre-order was all cancelled by the retailer as he did not want to wait for the transfer of money from my bank account to Paypal one.

And he tried to pushed me to have an Paypal credit card, which required extra charge on my purchase.

I don't like it as it made the cost of the "pre-order" airsoft item become very expensive, and not worth the wait and all the effort.

Personally, I highly prefer direct deposit (free of charge), then followed by EMT (reasonable service charge of $ 1.5, but have daily limit of $1,000).

Last edited by Ronald Chang; May 7th, 2010 at 15:11..
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Old May 7th, 2010, 15:07   #12
oniwagamaru
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how are you getting charged 5 dollars for EMT? isnt it supposed to be $1.50?
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Old May 7th, 2010, 15:07   #13
DarkAngel
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Paypal is NOT safe by any means. If you are purchasing via Ebay, then they will deal with things when situations arise. However, If you purchased the item outside of Ebay, Paypal will do Absolutely NOTHING. I Learned this the hard way when a package was lost by Canada Post. They say "There is nothing they can do" and basically walk away with your money laughing. Over 500$ worth of parts went missing.

Fucking Douchebags.
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Old May 7th, 2010, 15:10   #14
Ronald Chang
 
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Quote:
Originally Posted by oniwagamaru View Post
how are you getting charged 5 dollars for EMT? isnt it supposed to be $1.50?
Oops. You are right. It's only $ 1.50. Post edited.
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Old May 7th, 2010, 15:39   #15
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Quote:
Originally Posted by DarkAngel View Post
Paypal is NOT safe by any means. If you are purchasing via Ebay, then they will deal with things when situations arise. However, If you purchased the item outside of Ebay, Paypal will do Absolutely NOTHING. I Learned this the hard way when a package was lost by Canada Post. They say "There is nothing they can do" and basically walk away with your money laughing. Over 500$ worth of parts went missing.

Fucking Douchebags.
That needs to be delt with by Canada Post then, not Paypal.

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