frack paypal!
#443438
September 15, 2015 04:36 pm UTC
September 15, 2015 04:36 pm UTC
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Joined: Apr 2010
Posts: 6,809 Ottawa, ON
Mike Eng
OP
Senior Member, with Far TOO Much Time on Their Hands
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OP
Senior Member, with Far TOO Much Time on Their Hands
Joined: Apr 2010
Posts: 6,809
Ottawa, ON
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Why does anyone still use this shitty payment tool anymore?
I admit a few years ago they saved my butt on being scammed $150 for a UEGO I bought from tuners..never received it. And, I should have been more weary of buying from a guy with only 1 post.
Their fees are ridiculously expensive for nothing.
They hold your funds until the transaction is completed.
I get that you can tap into your credit card for convenience but it's not like you can't do that with your online banking VIA EMT. And I understand you have buyer protection. But come on...buyer's need to use more common sense. (myself included)
Moving forward...if ANYONE buys ANYTHING from me and is IN CANADA...I will NOT ACCEPT PayPal.
If you have a PayPal account, that means you do your banking online...which also means you can email money transfer funds.
End rant.
'99 GSX GT35R '03 CBR 600RR
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Re: frack paypal!
[Re: Mike Eng]
#443442
September 15, 2015 04:51 pm UTC
September 15, 2015 04:51 pm UTC
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Joined: May 2003
Posts: 7,263 Niagara Falls, Ontario
Ziggy Dietrich
Senior Member, with Far TOO Much Time on Their Hands
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Senior Member, with Far TOO Much Time on Their Hands
Joined: May 2003
Posts: 7,263
Niagara Falls, Ontario
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While they are not exactly cheap, I have to stand up and defend Paypal here. We use them as our credit card processor, as they are the ONLY ones that offer any kind of protection for the SELLER. I used to use Moneris, which is the biggest in Canada, but their fees were only SLIGHTLY less, and they offered ZERO protection for the seller. Several times they approved a transaction that I myself determined to be fraudulent and did not fill. One of those occasions, they even had the nerve to charge me a "charge back fee" for returning the money to its rightful owner, even though they themselves had approved the transaction.
Paypal also gives you the option if you are paying with your paypal balance or bank account attached to your paypal account, to send money WITHOUT any fee involved. Of course, in those cases they consider that sending money to "friends", so there is no protection involved, but still it is free!
"bluebird" worlds fastest scooter ridden by me "Whitebird" RIP
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Re: frack paypal!
[Re: Mike Eng]
#443444
September 15, 2015 05:21 pm UTC
September 15, 2015 05:21 pm UTC
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Joined: Apr 2010
Posts: 6,809 Ottawa, ON
Mike Eng
OP
Senior Member, with Far TOO Much Time on Their Hands
|
OP
Senior Member, with Far TOO Much Time on Their Hands
Joined: Apr 2010
Posts: 6,809
Ottawa, ON
|
It's just a matter of time before they're weened out in place of a newer better version of international EMT'S (with protection and NO fee's).
And whoever wins over the masses by having such an institution, will only need to bank their dollars on small advertising of big companies.
Just like the spam that pops up on your "APP" on your smart phone. As long as the service is free, you can deal with the spam.
'99 GSX GT35R '03 CBR 600RR
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Re: frack paypal!
[Re: Mike Eng]
#444099
October 06, 2015 04:11 pm UTC
October 06, 2015 04:11 pm UTC
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Joined: Apr 2010
Posts: 6,809 Ottawa, ON
Mike Eng
OP
Senior Member, with Far TOO Much Time on Their Hands
|
OP
Senior Member, with Far TOO Much Time on Their Hands
Joined: Apr 2010
Posts: 6,809
Ottawa, ON
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After having done multiple transactions with PayPal, I will say that for the life of me, I cannot figure out why they do not immediately deposit the funds into the PayPal account (I get it takes up to 3 business days to go into my bank account, but that's not in question) and it seems no matter what I sell, they hold the funds for up to 21 business days.
I guess maybe I'm becoming patient or am now anticipating this more and more.
Calling them didn't seem to resolve anything. I can't get through to a human being.
I have both a verified credit and chequeing account with them.
So what gives...?
Can anyone enlighten me on why this 21 day policy is in effect with me...?
Still not happy with their fees but at least it's no where near as bad as eBay's fees.
'99 GSX GT35R '03 CBR 600RR
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Re: frack paypal!
[Re: Mike Eng]
#444430
October 19, 2015 06:14 pm UTC
October 19, 2015 06:14 pm UTC
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Joined: May 2003
Posts: 7,263 Niagara Falls, Ontario
Ziggy Dietrich
Senior Member, with Far TOO Much Time on Their Hands
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Senior Member, with Far TOO Much Time on Their Hands
Joined: May 2003
Posts: 7,263
Niagara Falls, Ontario
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You know, if people send you paypal funds as a "gift", and the source of the funds is their paypal balance or bank balance in an account attached to the paypal account, there are no fees for the transfer.
"bluebird" worlds fastest scooter ridden by me "Whitebird" RIP
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