Pay Pal
- Thread starter Warstud
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I need more info but it sounds intriguing. What are the fees like?
Paypal brings huge controversy as far as linking your checking account and their having rights to go in there and take what they want under flimsy circumstances. Generally this is if you sell, not buy, but some people are holding off because of this.
If there is something specific you want on ebay, you can buy it and then have a day to pay, so I guess you could go to DG and put that specific amount on a card. Could still save the "un-banked" people vs buying local.
Could also be a new way of laundering money or sending cash to relatives in South America.
Paypal brings huge controversy as far as linking your checking account and their having rights to go in there and take what they want under flimsy circumstances. Generally this is if you sell, not buy, but some people are holding off because of this.
If there is something specific you want on ebay, you can buy it and then have a day to pay, so I guess you could go to DG and put that specific amount on a card. Could still save the "un-banked" people vs buying local.
Could also be a new way of laundering money or sending cash to relatives in South America.
I worked fraud prevention for them for 8.5 years. Most of their products and services are pretty good and I still use them a lot for online purchases. That being said, I would skip the temporary/pre-paid card products they offer if you have access to traditional banking products.
PayPal is expensive, but convenient. For transactions between Canadians we can use Interac for free, but if one party is outside the country and you want to make a "Card Not Present" transaction, you need to either use a Credit Card (Debit Cards are not the same product in the US versus other countries, but you might be able to use a Debit Card as well) or something like PayPal.
Selling on eBay is massively skewed towards the buyer's protection, but there are ways to protect yourself if you are a seller as well. For example, if your listing title says "For Parts or Repair Only" then the buyer cannot make a claim for non-function, appearance, etc. If you instead indicate the condition in the text of your auction, you are screwed if the buyer complains about appearance, function, suitability, etc. Just one example.
Selling on eBay is massively skewed towards the buyer's protection, but there are ways to protect yourself if you are a seller as well. For example, if your listing title says "For Parts or Repair Only" then the buyer cannot make a claim for non-function, appearance, etc. If you instead indicate the condition in the text of your auction, you are screwed if the buyer complains about appearance, function, suitability, etc. Just one example.
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