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Educate me on PayPal

Old 01-06-2017, 09:55 AM
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Default Educate me on PayPal

Just about to start using it to sell a lot of stuff that's been collecting in my basement. When selling and someone says "send me your paypal" they just mean send me a payment request using paypal, right? In that case, I just need their email, correct? When would you use an invoice vs. a simple payment request?

If buying and someone says "use paypal gift" I need to act on their payment request and select "send as gift," right? But in that case, don't I lose buyer protection?

I've searched the paypal site, and it's not entirely clear to me what these answers are. Also, feel free to impart any advice that you think is important.

Appreciate it!
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Old 01-06-2017, 10:14 AM
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I invoice thorough pay pal through their screen options to create an invoice. Very easy. Need e mail address to send invoice. I also update the invoice with their mailing address.


Paying by gift you lose paypal protection as the buyer. You may still have protection through the linked credit card you use. I do not know how using a credit card affects the seller (i.e if there is a fund hold back, etc).


I am pretty sure a buyer can also make a paypal payment to a seller if they have the sellers e mail address. Pretty sure a guy sent me payment before I requested it for a THT reel sale. I only invoice once the item is boxed up and ready to ship as I do not think it is fair to invoice someone and then only make it to the post office a week later.
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Old 01-06-2017, 10:19 AM
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You get their email address for their paypal account. You then login to Paypal and send invoice if you have a business account in Paypal or you just request money.

Or...

You give them your paypal address and have them send you money.

If you send anything as a *gift* you don't get any type of protection.

A lot of us are using Square Cash or Venmo these days to send money back and forth to friends, family, roommates, etc.
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Old 01-06-2017, 01:20 PM
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They want it as a gift because the fees are less (or maybe zero), but in return for you letting them make a little more money, you lose the little protection paypal gives you.

One piece of advise...as a seller, always keep your paypal balance at zero. That way you have some control if someone deserves a refund...otherwise PayPal will just take it.
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Old 01-06-2017, 01:48 PM
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Originally Posted by flyau98 View Post
They want it as a gift because the fees are less (or maybe zero), but in return for you letting them make a little more money, you lose the little protection paypal gives you.

One piece of advise...as a seller, always keep your paypal balance at zero. That way you have some control if someone deserves a refund...otherwise PayPal will just take it.
I believe if PayPal is linked to one of your bank accounts you will lose the money either way. The buyers have the upper hand in the PayPal transaction imo
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Old 01-06-2017, 02:02 PM
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Good info everyone, I really appreciate it.
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Old 01-06-2017, 02:20 PM
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Paypal protects the buyer , they are liberal thieves . If buyer has any issues they refund them at your expense . If you start moving lots of product they hold your account funds and charge big fees still . Get a verified account and you can transfer to your bank quickly. But any issue at all on the buyers end your credit card will be charged and you are burned . No bad feed back is ever posted on ebay . Good luck ! this is why many sellers don't accept it .
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