School me on electronic forms of payment.

Joined
Aug 11, 2018
Messages
396
I don’t sell hardly anything on the classifieds, let alone sell and ship. Call me old fashioned, I don’t really mind.

What’s the best form of electronic payments? PayPal, Venmo, others? Do they charge additional fees or now taxes for the buyer or seller? What should I know about selling and buying and using electronic payments?
 
Zelle and Apple Pay are best if you’re confident in who you are working with. They are instant and have zero fees.

PayPal and Venmo can be less ideal for multiple reasons. They are anti 2A and may freeze / withhold funds if it’s obviously a 2A relation transaction. The “buyers protection” is completely at the risk of the seller- the seller is never protected and the buyer could easily get their $ back. They also charge a fee and take more time to get into your account.
 
As said. Venmo and PP are anti gun. I like Zelle and use it whenever I can, never had a problem with a transfer of money. There is no safer way to send money. You can get screwed just as fast with a USPS MO as well as cash. Know who you are sending money to.
 
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