PayPal question on local sale

[displacedtexan]

If they won't accept cash with proper I.D. then I walk.

Who uses ID selling stuff on Facebook Marketplace?

 

[Scottyboy]

Who uses ID selling stuff on Facebook Marketplace?

Apparently you have found the 1/1,000,000,000

 

[sndmn11]

I would have no problem with a f&f paypal transaction on a local sale.

 

[Where's Bruce?]

I would have no problem with a f&f paypal transaction on a local sale.

You and a lot of other guys wrongfully have no problem using PP friends and family on the purchase of goods. Not only does this eliminate the buyers protection from fraud by Paypal but it is a clear violation of their policy and a blatant ripoff of PP who is providing a valid service and deserves to get their small fee for it. Ethics, ya know? Moreover, many of us have paypal business accts so violating the policy could cost you big time if PP closes your account (which they are entitled to do if you violate their terms). It should be Standard Operating Procedure to require sellers to refrain from openly circimventing Paypal's policies and abide by them by NOT asking for the friends & Family gift option and for them to pay the 3% fee they agreed to when establishing their PP acct. Add that 3% to your sales price but do not ask others to add it, that's another violation of Paypal's agreement. In addition, sellers who accept gift funds from buyers are opening themselves up to huge repercussions and a minimum $2500.00 per instance penalty. Per the PP website:

Actions We May Take if You Engage in Any Restricted Activities

If we believe that you’ve engaged in any of these activities, we may take a number of actions to protect PayPal, its customers and others at any time in our sole discretion. The actions we make take include, but are not limited to, the following:
Terminate this user agreement and/or close or suspend your PayPal account, and we may refuse to provide the PayPal services to you in the future.

Limit your access to our websites, software, systems (including any networks and servers used to provide any of the PayPal services) operated by us or on our behalf, your PayPal account or any of the PayPal services, including limiting your ability to pay or send money with any of the payment methods linked to your PayPal account, restricting your ability to send money or make withdrawals.

Hold your PayPal balance for up to 180 days if reasonably needed to protect against the risk of liability or if you have violated our Acceptable Use Policy.

Suspend your eligibility for PayPal’s Purchase Protection program and/or PayPal’s Seller Protection program.

Contact buyers who have purchased goods or services from you using PayPal, your bank or credit card issuer, other impacted third parties or law enforcement about your actions.

Update inaccurate information you provided us.

Take legal action against you.

If you’ve violated our Acceptable Use Policy, then you’re also responsible for damages to PayPal caused by your violation of this policy.

If you are a seller and you violate the Acceptable Use Policy, then in addition to being subject to the above actions you will be liable to PayPal for the amount of PayPal's damages caused by your violation of the Acceptable Use Policy. You acknowledge and agree that $2,500.00 U.S. dollars per violation of the Acceptable Use Policy is presently a reasonable minimum estimate of PayPal's actual damages considering all currently existing circumstances, including the relationship of the sum to the range of harm to PayPal that reasonably could be anticipated because, due to the nature of the violations of the Acceptable Use Policy, actual damages would be impractical or extremely difficult to calculate. PayPal may deduct such damages directly from any existing PayPal balance in any PayPal account you control.

If we close your PayPal account or terminate your use of the PayPal services for any reason, we’ll provide you with notice of our actions and make any unrestricted funds held in your PayPal account available for withdrawal.

You are responsible for all reversals, chargebacks, claims, fees, fines, penalties and other liability incurred by PayPal, any PayPal customer, or a third party caused by or arising out of your breach of this agreement, and/or your use of the PayPal services. You agree to reimburse PayPal, any PayPal customer, or a third party for any and all such liability.


Many break the agreement with Paypal for personal gain but my ethics won't allow me to. It's not right.

 

[*zap*]

When the government and corporations behave in an ethical manner maybe more people will.....right now it sure seems like every man for himself..
ymmv

 

[CorbLand]

You and a lot of other guys wrongfully have no problem using PP friends and family on the purchase of goods. Not only does this eliminate the buyers protection from fraud by Paypal but it is a clear violation of their policy and a blatant ripoff of PP who is providing a valid service and deserves to get their small fee for it. Ethics, ya know? Moreover, many of us have paypal business accts so violating the policy could cost you big time if PP closes your account (which they are entitled to do if you violate their terms). It should be Standard Operating Procedure to require sellers to refrain from openly circimventing Paypal's policies and abide by them by NOT asking for the friends & Family gift option and for them to pay the 3% fee they agreed to when establishing their PP acct. Add that 3% to your sales price but do not ask others to add it, that's another violation of Paypal's agreement. In addition, sellers who accept gift funds from buyers are opening themselves up to huge repercussions and a minimum $2500.00 per instance penalty. Per the PP website:

Actions We May Take if You Engage in Any Restricted Activities

If we believe that you’ve engaged in any of these activities, we may take a number of actions to protect PayPal, its customers and others at any time in our sole discretion. The actions we make take include, but are not limited to, the following:
Terminate this user agreement and/or close or suspend your PayPal account, and we may refuse to provide the PayPal services to you in the future.

Limit your access to our websites, software, systems (including any networks and servers used to provide any of the PayPal services) operated by us or on our behalf, your PayPal account or any of the PayPal services, including limiting your ability to pay or send money with any of the payment methods linked to your PayPal account, restricting your ability to send money or make withdrawals.

Hold your PayPal balance for up to 180 days if reasonably needed to protect against the risk of liability or if you have violated our Acceptable Use Policy.

Suspend your eligibility for PayPal’s Purchase Protection program and/or PayPal’s Seller Protection program.

Contact buyers who have purchased goods or services from you using PayPal, your bank or credit card issuer, other impacted third parties or law enforcement about your actions.

Update inaccurate information you provided us.

Take legal action against you.

If you’ve violated our Acceptable Use Policy, then you’re also responsible for damages to PayPal caused by your violation of this policy.

If you are a seller and you violate the Acceptable Use Policy, then in addition to being subject to the above actions you will be liable to PayPal for the amount of PayPal's damages caused by your violation of the Acceptable Use Policy. You acknowledge and agree that $2,500.00 U.S. dollars per violation of the Acceptable Use Policy is presently a reasonable minimum estimate of PayPal's actual damages considering all currently existing circumstances, including the relationship of the sum to the range of harm to PayPal that reasonably could be anticipated because, due to the nature of the violations of the Acceptable Use Policy, actual damages would be impractical or extremely difficult to calculate. PayPal may deduct such damages directly from any existing PayPal balance in any PayPal account you control.

If we close your PayPal account or terminate your use of the PayPal services for any reason, we’ll provide you with notice of our actions and make any unrestricted funds held in your PayPal account available for withdrawal.

You are responsible for all reversals, chargebacks, claims, fees, fines, penalties and other liability incurred by PayPal, any PayPal customer, or a third party caused by or arising out of your breach of this agreement, and/or your use of the PayPal services. You agree to reimburse PayPal, any PayPal customer, or a third party for any and all such liability.


Many break the agreement with Paypal for personal gain but my ethics won't allow me to. It's not right.

Good and services is a service. It provides an insurance policy to the transaction. If the parties come to agreement that the insurance policy is not needed and elect to do the transaction friends and family, we haven’t stolen anything from PayPal.

The service PayPal provides is the protection for the seller/buyer. If I don’t need that protection, I am not going to pay for it. I would love to see PayPal go after everyone that uses friends and family instead of goods and services.

 

[Where's Bruce?]

Good and services is a service. It provides an insurance policy to the transaction. If the parties come to agreement that the insurance policy is not needed and elect to do the transaction friends and family, we haven’t stolen anything from PayPal.

The service PayPal provides is the protection for the seller/buyer. If I don’t need that protection, I am not going to pay for it. I would love to see PayPal go after everyone that uses friends and family instead of goods and services.

That's not what the agreement says. It's not optional. Read the agreement, it's crystal clear. Violators are subject to account closures and other, more aggressive recompense.

 

[sndmn11]

That's not what the agreement says. It's not optional. Read the agreement, it's crystal clear. Violators are subject to account closures and other, more aggressive recompense.

Does the agreement define "friend" or "family"?

 

[Mojave Kid]

I don't trust them, their dispute resolution center is worthless.

 

[Where's Bruce?]

Per https://www.paypal.com/us/webapps/mpp/ua/useragreement-full

Receiving payments​

If you use your PayPal account to receive payments for the sale of goods or services or to receive donations, you must:

• Pay any applicable fees for receiving the funds.
• Not ask your buyer to send you money using the “send money to a friend or family member.” If you do so, PayPal may remove your PayPal account’s ability to accept payments from friends or family members.

 

[CorbLand]

Good thing I have a lot of friends that need money so I request something as collateral until the money is received back.

 

[Where's Bruce?]

I don't trust them, their dispute resolution center is worthless.

I have had to file a half dozen disputes with Paypal for purchases of things that either didn't show up or the item was nothing like the advertisement for it, fortunately I always pay their fee. I have been reimbursed every time without delay. They have even removed one of the vendors from their system for committing obvious fraud. In addition, I use PP for my businesses as an alternative payment option and have never had one problem with them.

I refuse to abuse the F&F option PP provides when purchasing items because I want the dispute protection which you sacrifice by using F&F and because their fee is small and just. They are in business to make a buck like the rest of us and they earn it. Those who abuse the F&F option are petty thieves violating the terms they agreed to. Ethics to some people are selective. Once you compromise yours, it becomes easier and easier to do it again until you have none left.

 

[CorbLand]

I refuse to abuse the F&F option PP provides when purchasing items because I want the dispute protection which you sacrifice by using F&F and because their fee is small and just. They are in business to make a buck like the rest of us and they earn it. Those who abuse the F&F option are petty thieves violating the terms they agreed to. Ethics to some people are selective. Once you compromise yours, it becomes easier and easier to do it again until you have none left.

You want the protection so you pay for it. If I don't want it, I don't pay for it. I opt out of vision insurance every year because I do not need it and run the risk of not having it. It is not theft to not pay for a service you do not need or use. Do you buy something every time you walk into a store?

Also, ethics are not selective, they are subjective.

 

[BRTreedogs]

If this wasn’t a scam attempt, I suppose since this guy used friends and family to transfer the funds, he’s naive about getting scammed himself.

I don’t know who would just send someone $1000 bucks via friends and family though because I never replied to his request asking if it was OK to send a deposit.

Now he wants to meet and pay cash. Id rather not get robbed or murdered over $3500 so I‘m passing on the whole thing.

You understand I don't think can't simply refund him now.
You will have to initiate a f&f back to him.

Alot of you guys have been financially stable for way to long and don't work with goons. Most people have to make payments on everything.
$3500 is way more cash then most people have.
I know guys that can't even pay a cell phone payment before pay day. If something get screwed up and they miss 1 day pay they have to make rent late.
If the buyer is verified and sends it friends and family and it instantly comes thru you have nothing to fear.
Just make sure PayPal says you have been sent a payment from so and so via f&f.
Just make sure it doesn't says funds will be held. If they are not verified it can take some time to clear.
I highly doubt the dude has selected you for random murder and gifted you 1k to make sure you show up.

 

[3forks]

You understand I don't think can't simply refund him now.
You will have to initiate a f&f back to him.

Alot of you guys have been financially stable for way to long and don't work with goons. Most people have to make payments on everything.
$3500 is way more cash then most people have.
I know guys that can't even pay a cell phone payment before pay day. If something get screwed up and they miss 1 day pay they have to make rent late.
If the buyer is verified and sends it friends and family and it instantly comes thru you have nothing to fear.
Just make sure PayPal says you have been sent a payment from so and so via f&f.
Just make sure it doesn't says funds will be held. If they are not verified it can take some time to clear.
I highly doubt the dude has selected you for random murder and gifted you 1k to make sure you show up.

I spoke to PayPal and did refund the guy his money after receiving guidance from PayPal that I was just refunding what the buyer sent me and how to do it.

The PayPal rep was just as stupefied as I was as to why someone would send as large deposit via friends and family without a conversation about it. The rep actually said to me 3 different times during our conversation, “you could keep this guy’s money and not deliver the product and he could do nothing about it”. I’d never do that, but it almost felt like the PayPal rep was telling me to do it.

 

[Wvroach]

I spoke to PayPal and did refund the guy his money after receiving guidance from PayPal that I was just refunding what the buyer sent me and how to do it.

The PayPal rep was just as stupefied as I was as to why someone would send as large deposit via friends and family without a conversation about it. The rep actually said to me 3 different times during our conversation, “you could keep this guy’s money and not deliver the product and he could do nothing about it”. I’d never do that, but it almost felt like the PayPal rep was telling me to do it.

Man I'd be really concerned on refunding him. At least for a good week or 2.

This resonates like the old craigslist scams where they would give you a "cashier's check" or at least it looked that way, and you cash it and it's all fine until a week later when it bounces and they have the item or had you send them a portion of the funds back because they "accidentally overpayed'.

I had a friend get hit with that a few years ago for a few thousand.

 

[BRTreedogs]

Man I'd be really concerned on refunding him. At least for a good week or 2.

This resonates like the old craigslist scams where they would give you a "cashier's check" or at least it looked that way, and you cash it and it's all fine until a week later when it bounces and they have the item or had you send them a portion of the funds back because they "accidentally overpayed'.

I had a friend get hit with that a few years ago for a few thousand.

Its PayPal friends and family.
It ether instant cleared or its being held.
There's no in between.

 

[lmeyer]

It's been a while since I have reviewed thier terms but but from what I remember there is no protection offered for face to face transactions even if using goods and services .

 

[Wvroach]

Its PayPal friends and family.
It ether instant cleared or its being held.
There's no in between.

Would that hold true if person a didn't have the funds in the account to fund that transaction?
Most times when I use f&f or even g&s with my checking account it doesn't actually come out for 2-4 days. The person receiving the funds has instant availability though .



You may be right but I'd be cautious about it.

 

[BRTreedogs]

Would that hold true if person a didn't have the funds in the account to fund that transaction?
Most times when I use f&f or even g&s with my checking account it doesn't actually come out for 2-4 days. The person receiving the funds has instant availability though .



You may be right but I'd be cautious about it.

Yes because your verified with a Credit card on file. PayPal is taking your money at that point.
If you only have a bank account on file you are not verified.
The receiver will get an instant email. But if you read it will says the funds are being held until cleared. And it won't show in your PayPal balance.