Horizons Unlimited - The HUBB

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-   -   Beware Paypal (https://www.horizonsunlimited.com/hubb/the-hubb-pub/beware-paypal-41341)

Massive Lee 7 Aug 2016 18:38

I run a "small" business (designing and producing race parts and accessories) and only accept Paypal at a rate of $5k /week and never had a problem, nor my clients. I sure hate the 3% fee, but it would be similar if accepting credit cards.

Lee

gatogato 8 Jan 2017 19:37

Quote:

Originally Posted by _CY_ (Post 445831)
one must understand paypal/ebay only cares for paypal/ebay. they go to great lengths to protect itself but cares little to nothing for seller, who pays all the fees.

so one MUST understand the rules and take steps accordingly. for instance if one is selling a DVD player on ebay. one must take a series of videos/pictures showing DVD operating in every possible mode. if crooked buyer says DVD tray is broken .. you pull out video proving otherwise, etc. etc.

what PITA to sell goods this way .. much easier to sell on craigslist!
I've all but stopped selling on ebay but still purchase small items on ebay.


Well said, in the early days of ebay/paypal the system worked great because there was an adequate checks and balances system on buyers and sellers. When Meg Whitman came in, I'm pretty sure she tried to mimic Amazon's system of courting 'the mega sellers." She did her best to tip the playing field towards the big guys and I think that strategy worked to increase profits for a while, but now ebay has lost of its core following.

As a seller on ebay, I think a lot of the issues have to do with what demographic of people you are normally dealing with. If you are selling used electronics/ video games then it is going to be a lot of young kids buying your products. If you are selling new race parts then it is going to be 35-65 year old high income people.

Alan31 14 Jan 2017 13:01

I recommend being wary of all large companies. Not just eBay and Paypal, but Amazon, Google, Facebook, even Apple throw some weird shit at times. I've heard multiple horror stories about all of them.

Its ridicilous what they sometimes get away with, but most of the case it goes well though. I haven't had any issues myself personally, but I'm trying to make sure that I always have a plan B.

brclarke 14 Jan 2017 20:12

Quote:

Originally Posted by Alan31 (Post 555011)
I recommend being wary of all large companies. Not just eBay and Paypal, but Amazon, Google, Facebook, even Apple throw some weird shit at times.

And all types of corporations, not just tech companies.

gatogato 15 Jan 2017 00:18

Quote:

Originally Posted by brclarke (Post 555036)
And all types of corporations, not just tech companies.

And not just corporations, but all business dealings. lol


I think the above 2 posters must have been high when posting. :offtopic:


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