Dockside Chat - Paypal

THE HULL TRUTH is the world's largest FREE network for the discussion of Boating & Fishing. Whether you're researching a new boat, or are a seasoned Captain, you'll find The Hull Truth Boating & Fishing Message Forum contains a wealth of information from Boaters and Sportfishermen around the world.




View Full Version : Paypal


Elusive
03-21-2012, 06:51 AM
I don't like using PP, but if you buy online (I do alot) it seems to be a necessity

Last year they told me I was approaching my Max Limit on purchases without being "verified". I could either give them my bank account info or accept their credit card.

Since my only experience with credit card fraud was somehow related to PP according to my bank, so I declined giving them bank account info and took the credit card (which I did not use)

Here we are a year later and they will not process any purchases until I give them bank account info

Do you guys give them bank account info ?

Is there a way around this ?

I was thinking of opening an account with a minimum amount stricly for this purpose

Any other ideas ?


Jus Teasin
03-21-2012, 07:03 AM
Open a new account just for your Paypal. This is what I did, and I keep the least amount of $$ in it, since I ALWAYS use a credit card for purchases.
Paypal will rarely be on your side in disputes, but your credit card company will...... almost always.

Ghetto Lobster
03-21-2012, 07:09 AM
I've been using PP for quite a few years both as a buyer and seller without any issues whatsoever. It's my preferred method when selling items on line (not e-bay).


Bugbuster
03-21-2012, 07:27 AM
I like paypal. Makes it a lot easier.

NCcarguy
03-21-2012, 08:14 AM
I'm a big paypal fan. I actually use it a lot, and for more than just purchases. It's an easy way for me to shift money to different banks when needed, I just tied them all to paypal.

Onewolf
03-21-2012, 08:20 AM
I have a 'special' checking account used only for Paypal. I've used Paypal for about 5 years with no problems.

John_Madison CT
03-21-2012, 08:22 AM
I don't know how we bought/sold things to individuals before Paypal. I love it.

SIM
03-21-2012, 08:46 AM
I don't like using PP, but if you buy online (I do alot) it seems to be a necessity

Last year they told me I was approaching my Max Limit on purchases without being "verified". I could either give them my bank account info or accept their credit card.

Since my only experience with credit card fraud was somehow related to PP according to my bank, so I declined giving them bank account info and took the credit card (which I did not use)

Here we are a year later and they will not process any purchases until I give them bank account info

Do you guys give them bank account info ?

Is there a way around this ?

I was thinking of opening an account with a minimum amount stricly for this purpose

Any other ideas ?

Over half of our internet sales from our web sites are thru Paypal. Most all of our oversea's transactions are from it. Never had any problems with the bank account info. We have an account just for it and drain it daily.

You will need to have a valid credit card on file with them, to cover things if you don't have any money in the account.

We have never had any problems with them. None. We'll...I guess their would be one.....the rates are to steep, but I think all of the credit card charges in general are ridiculous. But...its a cost of doing business.


Andy

SCSaltwater
03-21-2012, 09:00 AM
I don't know how we bought/sold things to individuals before Paypal. I love it.

+1, the days of waiting for check/mo, then giving it 7 days to clear before you shipped out the buyer's product were horrible. I personally have two paypal accounts tied to two separate (main) bank accounts for myself and my other half. Never had an issue.

nate.
03-21-2012, 09:06 AM
Open a new account just for your Paypal. This is what I did, and I keep the least amount of $$ in it, since I ALWAYS use a credit card for purchases.
Paypal will rarely be on your side in disputes, but your credit card company will...... almost always.

great advice.

mikeloew
03-21-2012, 09:09 AM
The only thing bad about a separate account for PP is at lot of banks charge a monthly fee if you do not have an average minimum amount in that account.

Eyeball
03-21-2012, 09:11 AM
Open a new account just for your Paypal. This is what I did, and I keep the least amount of $$ in it, since I ALWAYS use a credit card for purchases.
Paypal will rarely be on your side in disputes, but your credit card company will...... almost always.


What he said.

I opened an acct specifically to satisfy PayPal. Once that was done, I registered by credit card with PayPal, then closed the bank acct. I only pay via credit card through PayPal. Been several years, PayPal hasn't looked or doesn't care that the bank acct is now gone.

Curmudgeon
03-21-2012, 09:29 AM
Things must be changing. They 'want' you to have a verified bank account, but I've never had a problem with other than a CC, and it's the CC with the least balance. No way do they get bank account info ... ;)

Jimm
03-21-2012, 12:26 PM
My Home Depot now takes PP.

aiian
03-21-2012, 12:46 PM
I noticed that over the weekend too, I tried it & no dice.

Home Depot now accepts PayPal cards.

Frank007
03-21-2012, 08:05 PM
Are you saying that if you are buying from merchants that use Paypal using your credit card, that they want you to register a bank account with them?

When you buy from a merchant using Paypal, does the merchant normally pass the cost of Paypal (2.9%) to you the customer as a separate charge?

Gator56
03-22-2012, 12:10 AM
I opened a wire transfer account where it's a secondary account at my bank that is exclusivly for paypal and ones that want to pay us by credit card then I transfer those monies into our business account, paypal has no other information on the main account.

Crabpot Man
03-22-2012, 02:53 AM
The only thing bad about a separate account for PP is at lot of banks charge a monthly fee if you do not have an average minimum amount in that account.

If you open it at a bank you already deal with you can usually find a free account.

GulfC
03-22-2012, 03:17 AM
They tried to get me to verify a few years ago so I finally gave in and did. Within a few months I bought something on Ebay. The next thing I knew, the purchase was deducted straight from my connected account. I was furious with the Ebay Seller which as it turned out did not know how it happened. She claimed to have had the same thing happen. I'm no longer "verified."

mikeloew
03-22-2012, 06:37 AM
They tried to get me to verify a few years ago so I finally gave in and did. Within a few months I bought something on Ebay. The next thing I knew, the purchase was deducted straight from my connected account. I was furious with the Ebay Seller which as it turned out did not know how it happened. She claimed to have had the same thing happen. I'm no longer "verified."

Yes PP really tries hard to make you use your checking account, you have to jump through hoops now to change their default setting to use your CC. I have checked the CC box to pay for item, next time I sign in it defaults back to checking account.

Eyeball
03-22-2012, 06:42 AM
When you buy from a merchant using Paypal, does the merchant normally pass the cost of Paypal (2.9%) to you the customer as a separate charge?


That is called a surcharge, and surcharges for credit card purchases are unlawful in California, where PayPal is based.

It is also why Ebay does not permit surcharges for any items sold through there website ... another California based company.

Frank007
03-22-2012, 08:11 AM
That is called a surcharge, and surcharges for credit card purchases are unlawful in California, where PayPal is based.

It is also why Ebay does not permit surcharges for any items sold through there website ... another California based company.

I recently had a vendor not in California add a Papal cost to an invoice. I hadn't seen that occur before. It is like charging you to use a credit card.

Stillherejim
03-22-2012, 05:22 PM
PP Bad Bad bad



Search Engine Friendly URLs by vBSEO 3.2.0