[meteorite-list] Sellers, would you like to keep more of your money?

From: LITIG8NSHARK at aol.com <LITIG8NSHARK_at_meteoritecentral.com>
Date: Sun, 28 Jun 2009 00:34:41 EDT
Message-ID: <bef.4873d05f.37784ce1_at_aol.com>

Good evening Folks,

In theory this method to "beat the system" makes a lot of sense.

One caveat, however. It is against PayPal policy, as of June 3, and they
threaten to sanction you if they catch you. You can presume that they will
probably have some software running that will flag accounts with a
significant changeover from commercial payments to personal ones.

Here is their position on the idea:
""Beginning June 3, 2009 PayPal user agreement is being amended as follows:
1. Section 4.2 of the user agreement will read as follows:
?4.2 Receiving Payments for Commercial Transactions and Personal
Transactions.
a. Fees depend on whether you are making a commercial transaction or a
personal transaction. A commercial transaction involves buying and selling
goods or services, and payments received when you send a ?request money? using
PayPal. A personal transaction involves sending money to and receiving
money from friends and family without making a purchase.
b. If you are selling goods or services, you may not ask the buyer to send
you a personal payment for the purchase. If you do so, PayPal may remove
your ability to accept personal payments.?"

Best regards,

Paul Martyn
Savannah
 
 


In a message dated 6/27/2009 11:48:05 P.M. Eastern Daylight Time,
star_wars_collector at yahoo.com writes:

>From what I have read and understand yes, you are still covered.
I have tested this with a couple payments I have made, all have worked
without the fees.

This is more for off ebay purchases with people that are reputable and you
(or anyone else) has bought from in the past. I know I will be offering a
portion of what I will save to the buyers who use this method. This way,
Its not so one sided and will benifit both parties.
As with any transaction, make sure the person is reliable with this method
or the normal one, but for payments to guys like Greg/Adam Hupe and others
(just as examples)- who you know are honest and reliable, this method
would be good option to use and the seller may offer a portion of the cost is
price reduction like I am going to do. Sure it may just come out to a few
dollars here and there, but over time it adds up.

Greg









--- On Sat, 6/27/09, Mark Grossman <markig at westnet.com> wrote:

> From: Mark Grossman <markig at westnet.com>
> Subject: Re: [meteorite-list] Sellers, would you like to keep more of
your money?
> To: "Greg Catterton" <star_wars_collector at yahoo.com>,
meteorite-list at meteoritecentral.com
> Date: Saturday, June 27, 2009, 10:49 PM
> Yes, but does the buyer get the
> PayPal protection that is advertised on the listing if the
> money is sent to an individual instead of to a seller as a
> purchase?
>
> Mark Grossman
>
> ----- Original Message ----- From: "Greg Catterton"
<star_wars_collector at yahoo.com>
> To: <meteorite-list at meteoritecentral.com>
> Sent: Saturday, June 27, 2009 6:50 PM
> Subject: [meteorite-list] Sellers, would you like to keep
> more of your money?
>
>
> >
> > I have found a nice way to "beat the system" when it
> comes to getting money with paypal.
> > Instead of sending money with the purchase tab, use
> the personal tab and you will not have to pay the paypal
> fees when you recieve the money.
> > This can add up to substantial savings over time.
> >
> > Dealers, all you need to do is ask the person buying
> from you is for them to instead of clicking the purchase
> tab, click the personal tab on the paypal send money page.
> > You will pay NO FEES on the money you recieve!
> > Again, this will add up to nice savings over time.
> >
> > Hope this will help some of you out there, in tough
> times (and good ones) every little bit helps.
> >
> > Greg C.
> >
> >
> >
> >
> > ______________________________________________
> > http://www.meteoritecentral.com
> > Meteorite-list mailing list
> > Meteorite-list at meteoritecentral.com
> > http://six.pairlist.net/mailman/listinfo/meteorite-list
> >
>
>



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Received on Sun 28 Jun 2009 12:34:41 AM PDT