iazybandit Offline Upload & Sell: On
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p.6 #17 · p.6 #17 · Alert: Uninsured payments and tips for safe transactions | |
yeiter wrote:
"So your payment is only released to you when you provide tracking and when I think it is delivered. After a few days or so, the payment is released to you."
It seems to me that this would be a no brainer best way for PayPal to operate...The seller does not get access to the money, which PayPal holds, until the buyer provides confirmation that he/she has received the item as described...regardless of whether you are a premier member or whatever. Just seems like sound business idea...am I wrong?
While I am at it, I am also not convinced that insurance is worth the expense...I have done some googling and it can be a royal pain in the glutes to recoup your loss from the USPS etc...best insurance is lots of bubble wrap? Again, I would be interested in other opinions...I have never purchased insurance.
In response to a recent post about the market degrading, I have been buying and selling stuff via eBay and other sites incl CL for years and have never had an issue until just this past week. The seller seemed a little odd but then I figured that PayPal would hold the money until I got the 100-400 lens...I was wrong.
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I'm a Premier and if you send me money (regardless of amount), no money is held. Once I receive payment, its in my account and I can transfer it out if I wanted to. The only payment that would be put on hold is an eCheck where PayPal needs to have the payment clear. Once its cleared, payment is in my account and they tell me to ship. Those who are having money temporarily held until its been confirmed may be Personal accounts? Can someone confirm?
If you wrap your item up properly and securely, I honestly don't think there is a need for insurance. Insurance would be more for the event that the package is lost and can not be found.
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