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Active: 1391 users

Safe way to sell online?

Blogs > Sfydjklm
Post a Reply
Sfydjklm
Profile Blog Joined April 2005
United States9218 Posts
June 30 2008 17:16 GMT
#1
Right now i find myself in a situation where i need to sell some stuff over the internet, however i am not really sure as to which service to use for transaction? As far as i understand paypal is the most popular and trusted, however ive heard a lot of stories of fraud, where buyer pulled his payment back after receiving the item of interest.
Any advice?

twitter.com/therealdhalism | "Trying out Z = lots of losses vs inferior players until you figure out how to do it well (if it even works)."- Liquid'Tyler
DeadVessel
Profile Blog Joined April 2006
United States6269 Posts
June 30 2008 17:18 GMT
#2
wat kinda stuff?
ulszz
Profile Blog Joined June 2007
Jamaica1787 Posts
June 30 2008 17:19 GMT
#3
ebay? probably best for selling shit online... unless you already have the sell set up and just need money transaction. but ya paypal is prolly safest although a pain in the ass to set up an account.
everliving, everfaithful, eversure
zdd
Profile Blog Joined October 2004
1463 Posts
June 30 2008 17:21 GMT
#4
https://www.escrow.com/index.asp
All you need in life is a strong will to succeed and unrelenting determination. If you meet these prerequisites, you can become anything you want with absolutely no luck, fortune or natural ability.
shmay
Profile Blog Joined July 2004
United States1091 Posts
June 30 2008 17:29 GMT
#5
paypal. i've never had any problems using it to sell stuff through ebay.
KOFgokuon
Profile Blog Joined August 2004
United States14900 Posts
June 30 2008 18:46 GMT
#6
agreed, ebay and paypal
Jonoman92
Profile Blog Joined September 2006
United States9106 Posts
June 30 2008 19:25 GMT
#7
On July 01 2008 03:46 KOFgokuon wrote:
agreed, ebay and paypal


Yes I think this is the safest way. Even when using ebay and paypal you can have issues with buying things but I think selling is pretty safe. You can be really safe by moving all money from your paypal account once you're paid to your bank/checking account and that way there's no way the buyer can somehow "take" their money back or reverse the transaction.
Polemarch
Profile Joined August 2005
Canada1564 Posts
Last Edited: 2008-06-30 20:14:13
June 30 2008 20:13 GMT
#8
On July 01 2008 04:25 Jonoman92 wrote:
Show nested quote +
On July 01 2008 03:46 KOFgokuon wrote:
agreed, ebay and paypal


Yes I think this is the safest way. Even when using ebay and paypal you can have issues with buying things but I think selling is pretty safe. You can be really safe by moving all money from your paypal account once you're paid to your bank/checking account and that way there's no way the buyer can somehow "take" their money back or reverse the transaction.


I don't know if that's absolutely true... Paypal may be able to debit it out of your account or credit card. The buyer can do a chargeback on the credit card, and I doubt Paypal assumes that risk.

That said, don't let the risk scare you away. eBay's reputation system is pretty helpful. We sell some stuff online through Paypal without doing any reputation or whatever checking, and the fraud rate is less than 1%.

Or if you're in a major city and want to meet the person and sell locally, craigslist can be good.
I BELIEVE IN CAPITAL LETTER PUNISHMENT!!!!!
Raithed
Profile Blog Joined May 2007
China7078 Posts
June 30 2008 20:54 GMT
#9
porn?
comabreaded
Profile Blog Joined July 2003
United States2166 Posts
June 30 2008 21:40 GMT
#10
On July 01 2008 05:13 Polemarch wrote:
Show nested quote +
On July 01 2008 04:25 Jonoman92 wrote:
On July 01 2008 03:46 KOFgokuon wrote:
agreed, ebay and paypal


Yes I think this is the safest way. Even when using ebay and paypal you can have issues with buying things but I think selling is pretty safe. You can be really safe by moving all money from your paypal account once you're paid to your bank/checking account and that way there's no way the buyer can somehow "take" their money back or reverse the transaction.


I don't know if that's absolutely true... Paypal may be able to debit it out of your account or credit card. The buyer can do a chargeback on the credit card, and I doubt Paypal assumes that risk.

That said, don't let the risk scare you away. eBay's reputation system is pretty helpful. We sell some stuff online through Paypal without doing any reputation or whatever checking, and the fraud rate is less than 1%.

Or if you're in a major city and want to meet the person and sell locally, craigslist can be good.


Paypal can't take funds not in there for a refund (they can't debit your checking or charge your credit card). They will just email you to tell you that you owe funds, and won't let you send any money. If you receive any money on the account they will take it.

If a seller scams someone and the buyer does a chargeback, PayPal eats the loss.

Buyers are pretty much 100% protected. Sellers are the ones who can get screwed. If someone buys something from you, says it's broken, files a complaint with PayPal, then sends you a rock in the mail, PayPal will still refund them 100%. You will eat the cost. Even if you try to argue your case, the PayPal reps are pretty stupid and don't even care. I know because someone bought a Mac G4 from me, stripped the motherboard and CPU out, and sent back an empty case. PayPal refunded him completely.
I put the fu in fun
Polemarch
Profile Joined August 2005
Canada1564 Posts
June 30 2008 21:53 GMT
#11
Thanks for the info, comabreaded!
I BELIEVE IN CAPITAL LETTER PUNISHMENT!!!!!
GeneralStan
Profile Blog Joined August 2007
United States4789 Posts
June 30 2008 23:26 GMT
#12
If you can sell it locally, Craigslist is ideal.
¯\_(ツ)_/¯
Krohm
Profile Blog Joined May 2007
Canada1857 Posts
June 30 2008 23:48 GMT
#13
On July 01 2008 06:40 comabreaded wrote:
Show nested quote +
On July 01 2008 05:13 Polemarch wrote:
On July 01 2008 04:25 Jonoman92 wrote:
On July 01 2008 03:46 KOFgokuon wrote:
agreed, ebay and paypal


Yes I think this is the safest way. Even when using ebay and paypal you can have issues with buying things but I think selling is pretty safe. You can be really safe by moving all money from your paypal account once you're paid to your bank/checking account and that way there's no way the buyer can somehow "take" their money back or reverse the transaction.


I don't know if that's absolutely true... Paypal may be able to debit it out of your account or credit card. The buyer can do a chargeback on the credit card, and I doubt Paypal assumes that risk.

That said, don't let the risk scare you away. eBay's reputation system is pretty helpful. We sell some stuff online through Paypal without doing any reputation or whatever checking, and the fraud rate is less than 1%.

Or if you're in a major city and want to meet the person and sell locally, craigslist can be good.


Paypal can't take funds not in there for a refund (they can't debit your checking or charge your credit card). They will just email you to tell you that you owe funds, and won't let you send any money. If you receive any money on the account they will take it.

If a seller scams someone and the buyer does a chargeback, PayPal eats the loss.

Buyers are pretty much 100% protected. Sellers are the ones who can get screwed. If someone buys something from you, says it's broken, files a complaint with PayPal, then sends you a rock in the mail, PayPal will still refund them 100%. You will eat the cost. Even if you try to argue your case, the PayPal reps are pretty stupid and don't even care. I know because someone bought a Mac G4 from me, stripped the motherboard and CPU out, and sent back an empty case. PayPal refunded him completely.

Yes there is lots of bad things about ebay. I'm sure it is the safest however you can get ass raped at any moment.

Don't ship over to the UK for starters. Paypals policies totally screw you over. The buyer can say he didn't receive any item, and he'll get full refund. You get screwed, end up owning paypal, and you lose your item(s).

There is just so many loops holes that can be exploited. The reps really suck too as the previous poster stated. They don't care.

Paypal went through a large class action suit because of how shoddy it was. It's fixed up a bit, but it's still crap."

But yeah, just ebay or craigslist.
Not bad for a cat toy.
Jonoman92
Profile Blog Joined September 2006
United States9106 Posts
July 01 2008 00:45 GMT
#14
Wow comabreaded that really sucks. If he lived within a few 100 miles of me I might have the urge to find where he lives and burn it or something.
Jonoman92
Profile Blog Joined September 2006
United States9106 Posts
July 01 2008 00:47 GMT
#15
Can't you just always keep $0 in your paypal account and if they try to scam you into saying you owe money just close/never use the account again? Then open a new one with a different credit card/bank account and a new e-mail?
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