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  • P0CKETCHANGEP0CKETCHANGE Posts: 2,560 ✭✭✭✭✭

    PayPal is still HA's preferred log-in method, however.

    Nothing is as expensive as free money.

  • alaura22alaura22 Posts: 3,194 ✭✭✭✭✭

    I'm not sure why they don't advertise that more.

    They do, it's said on every listing!

    Payments accepted:
    PayPal and Credit Card (Visa, MasterCard, Discover, American Express), Check/Money Order, eCheck, Wire, BitPay (BTC, LTC & Others)

  • CopperindianCopperindian Posts: 1,484 ✭✭✭✭✭

    Personally, I’ve had no problems at all with Zelle. PayPal f&f works well between buyers & sellers that have a trusted business relationship. I haven’t had the need to add Venmo, but others seem to use it as a go-to.
    Also agree GC has plenty of options, but might add a couple more for their buyers’ convenience.
    These days, I avoid 3% PayPal.

    “The thrill of the hunt never gets old”

    PCGS Registry: Screaming Eagles
    Copperindian

    Retired sets: Soaring Eagles
    Copperindian

  • messydeskmessydesk Posts: 19,969 ✭✭✭✭✭

    @jmlanzaf said:

    @DeplorableDan said:

    @jmlanzaf said:

    @DeplorableDan said:

    @Manifest_Destiny said:

    @DeplorableDan said:

    @BAJJERFAN said:

    @Manifest_Destiny said:
    They also keep the 3% fee on refunds, which I imagine is why retails are dropping them.

    I don't ever recall getting less than a full refund via PP. Why don't more places start taking Venmo? As for Plaid I don't always keep a high balance in checking so I defer to a CC instead.

    Venmo is owned by PayPal.

    Good to know. I don't use Venmo either. Our bank has Zelle which I've used a few times. I mostly use credit cards for anything on line these days.

    Zelle is awesome, and imo should be the standard that overtakes checks, but the problem with many banks is that they place these arbitrary limits where you can only send $1000 or $2000 in one transaction, and some of the small banks only let you send that amount PER MONTH.

    When the banks will finally embrace Zelle to the fullest extent, my life will be so much easier.

    I would never use Zelle with anyone I don't know. Zelle is the same as cash and there is no recourse if something goes wrong.

    I used Zelle once last year and they accidentally duplicated the payment. They even flagged it themselves as an error. But they refused/ were unable to reverse the erroneous payment. Fortunately, I knew the guy and he sent it back.

    I get that, it’s all relative and highly dependent on where someone swims in the pool and who they’re buying from. For lower value coins sub $1000 , PayPal makes more sense.

    For example, many of the more public Facebook groups like the ones that @Mick999 sell in, the members there will preach to everyone how you should always use PayPal no matter what. The mods are not that good at vetting membership and people get scammed often because of their ignorance.

    In the groups that I moderate and participate in, it’s a strong community of trusted sellers heavily reliant on reference checks and vouches from the community. Also very gold oriented, so the average transacting is much larger. You’ll get laughed at if you opt to use PayPal for a cheap double eagle where you’ll be making a $90 donation to PayPal for buyer protection from someone who someone that regularly handles much higher transactions and volume on a regular basis.

    I agree. And I would include people like Heritage in the Circle of Trust.

  • BAJJERFANBAJJERFAN Posts: 31,082 ✭✭✭✭✭
    edited May 19, 2024 12:25PM

    COT

    If you have to ask, you're not in it.

    theknowitalltroll;
  • jt88jt88 Posts: 3,003 ✭✭✭✭✭
    edited May 19, 2024 12:34PM

    @alaura22 said:

    I'm not sure why they don't advertise that more.

    They do, it's said on every listing!

    Payments accepted:
    PayPal and Credit Card (Visa, MasterCard, Discover, American Express), Check/Money Order, eCheck, Wire, BitPay (BTC, LTC & Others)

    well, it is not like HA you can just pay with e-check and credit card online easy. if you want to pay GC with credit card you need to call them and spend about 20 to 30 minutes with them on the phone so they can get your credit card number and charge to it. I never pay with e-check with GC so I don't know what is the process for that but I am sure it is not like HA you can do it online issue free. I know you guys like GC but please admit that GC needs a lots of improvements before they can complete with HA and SB. Don't get me wrong, I like GC too but I want more improvement from GC.

  • Manifest_DestinyManifest_Destiny Posts: 6,896 ✭✭✭✭✭

    @jt88 said:

    @alaura22 said:

    I'm not sure why they don't advertise that more.

    They do, it's said on every listing!

    Payments accepted:
    PayPal and Credit Card (Visa, MasterCard, Discover, American Express), Check/Money Order, eCheck, Wire, BitPay (BTC, LTC & Others)

    well, it is not like HA you can just pay with e-check and credit card online easy. if you want to pay GC with credit card you need to call them and spend about 20 to 30 minutes with them on the phone so they can get your credit card number and charge to it. I never pay with e-check with GC so I don't know what is the process for that but I am sure it is not like HA you can do it online issue free. I know you guys like GC but please admit that GC needs a lots of improvements before they can complete with HA and SB. Don't get me wrong, I like GC too but I want more improvement from GC.

    I agree, GC need to accept CC's on line.

  • alaura22alaura22 Posts: 3,194 ✭✭✭✭✭
    edited May 19, 2024 1:07PM

    @jt88 said:

    @alaura22 said:

    I'm not sure why they don't advertise that more.

    They do, it's said on every listing!

    Payments accepted:
    PayPal and Credit Card (Visa, MasterCard, Discover, American Express), Check/Money Order, eCheck, Wire, BitPay (BTC, LTC & Others)

    well, it is not like HA you can just pay with e-check and credit card online easy. if you want to pay GC with credit card you need to call them and spend about 20 to 30 minutes with them on the phone so they can get your credit card number and charge to it**. I never pay with e-check with GC so I don't know what is the process for that but I am sure it is not like HA you can do it online issue free.** I know you guys like GC but please admit that GC needs a lots of improvements before they can complete with HA and SB. Don't get me wrong, I like GC too but I want more improvement from GC.

    You're really are not understanding it.
    You set up an e check account with GC, You then use it to pay for the auction ONLINE no hassles. AND if you use that payment option your BP is 10% not the 12.5% if you use a CC

    Your dislike of Paypal makes it more difficult to process payments, if you used Paypal you can process the invoice online without having to call GC to put it on a CC, you just do it through Paypal.
    I've been using e check for YEARS on GC and I never had any issues AT ALL.

    Do some research before you go making statements

  • jt88jt88 Posts: 3,003 ✭✭✭✭✭
    edited May 19, 2024 1:46PM

    @alaura22 said:

    @jt88 said:

    @alaura22 said:

    I'm not sure why they don't advertise that more.

    They do, it's said on every listing!

    Payments accepted:
    PayPal and Credit Card (Visa, MasterCard, Discover, American Express), Check/Money Order, eCheck, Wire, BitPay (BTC, LTC & Others)

    well, it is not like HA you can just pay with e-check and credit card online easy. if you want to pay GC with credit card you need to call them and spend about 20 to 30 minutes with them on the phone so they can get your credit card number and charge to it**. I never pay with e-check with GC so I don't know what is the process for that but I am sure it is not like HA you can do it online issue free.** I know you guys like GC but please admit that GC needs a lots of improvements before they can complete with HA and SB. Don't get me wrong, I like GC too but I want more improvement from GC.

    You're really are not understanding it.
    You set up an e check account with GC, You then use it to pay for the auction ONLINE no hassles. AND if you use that payment option your BP is 10% not the 12.5% if you use a CC

    Your dislike of Paypal makes it more difficult to process payments, if you used Paypal you can process the invoice online without having to call GC to put it on a CC, you just do it through Paypal.
    I've been using e check for YEARS on GC and I never had any issues AT ALL.

    Do some research before you go making statements

    I think you are the one really don't understand. With HA and now SB you don't want to setup anything. You can use e-check to pay online any time you want. Please don't try to mislead people. Be honest. don't just say good things about GC. Their not as good as HA and SB. Even their site said credit card but when you try to click on credit card it will point to PayPal that's not the same as pay with credit card. it is pay with PayPal. Got it?

  • alaura22alaura22 Posts: 3,194 ✭✭✭✭✭

    @jt88 said:

    @alaura22 said:

    @jt88 said:

    @alaura22 said:

    I'm not sure why they don't advertise that more.

    They do, it's said on every listing!

    Payments accepted:
    PayPal and Credit Card (Visa, MasterCard, Discover, American Express), Check/Money Order, eCheck, Wire, BitPay (BTC, LTC & Others)

    well, it is not like HA you can just pay with e-check and credit card online easy. if you want to pay GC with credit card you need to call them and spend about 20 to 30 minutes with them on the phone so they can get your credit card number and charge to it**. I never pay with e-check with GC so I don't know what is the process for that but I am sure it is not like HA you can do it online issue free.** I know you guys like GC but please admit that GC needs a lots of improvements before they can complete with HA and SB. Don't get me wrong, I like GC too but I want more improvement from GC.

    You're really are not understanding it.
    You set up an e check account with GC, You then use it to pay for the auction ONLINE no hassles. AND if you use that payment option your BP is 10% not the 12.5% if you use a CC

    Your dislike of Paypal makes it more difficult to process payments, if you used Paypal you can process the invoice online without having to call GC to put it on a CC, you just do it through Paypal.
    I've been using e check for YEARS on GC and I never had any issues AT ALL.

    Do some research before you go making statements

    I think you are the one really don't understand. With HA and now SB you don't want to setup anything. You can use e-check to pay online any time you want. Please don't try to mislead people. Be honest. don't just say good things about GC. Their not as good as HA and SB. Even their site said credit card but when you try to click on credit card it will point to PayPal that's not the same as pay with credit card. it is pay with PayPal. Got it?

    You make it sound like HA and SB are the greatest auction house around.
    That's fine if you think that
    I've been a Legacy member of HA for over 30 Years so I know all about them.

    With all the payment options available on GC AND the 10% BP VS the 20% @ HA and 17.5% @ SB and costly shipping compared to GC I'll stick with GC, MY preferred auction company.
    And I'm not in any way misleading anyone!

    **"Even their site said credit card but when you try to click on credit card it will point to PayPal that's not the same as pay with credit card. it is pay with PayPal."
    **
    What is the difference if you use your CC using Paypal VS using your CC? I have many different CC on Paypal and can use any of them, there is NO extra fee involved just the 2.5% fee compared to the 0% fee if using e check

  • jt88jt88 Posts: 3,003 ✭✭✭✭✭
    edited May 19, 2024 2:49PM

    @alaura22 said:

    With all the payment options available on GC AND the 10% BP VS the 20% @ HA and 17.5% @ SB and costly shipping compared to GC I'll stick with GC, MY preferred auction company.

    If you say this earlier I am not going to argue with you. What I don't agree with you is that you said GC takes credit car and e-check online. They are not, at least you need to call them to set it up first. For credit card you might need to call them each time to pay.

    What is the difference if you use your CC using Paypal VS using your CC? I have many different CC on Paypal and can use any of them, there is NO extra fee involved just the 2.5% fee compared to the 0% fee if using e check

    That's just your opinion, what I was trying to point out is that GC did not accept credit card payment online and you argued they are. Again, accepting PayPal online is not the same as accept credit card online. I am not saying HA or SB is the best but as far as payment method concern they are best than GC. Again, I like GC too as you are but I just want GC getting better, that's all.

  • jt88jt88 Posts: 3,003 ✭✭✭✭✭

    @alaura22 , let's make peace, no need to argue any more since we both understand each other pretty much. I am just like you, like GC's commission charge, shipping charge and shipping speed. I don't have issue with GC but just want GC to get better.

  • alaura22alaura22 Posts: 3,194 ✭✭✭✭✭

    Peace

  • ProofCollectionProofCollection Posts: 6,171 ✭✭✭✭✭

    @alaura22 said:

    I'm not sure why they don't advertise that more.

    They do, it's said on every listing!

    Payments accepted:
    PayPal and Credit Card (Visa, MasterCard, Discover, American Express), Check/Money Order, eCheck, Wire, BitPay (BTC, LTC & Others)

    Yeah, but the option doesn't appear until you call and set it up. I sent them dozens of checks until I finally I figured it out. So yeah maybe they say it everywhere, until it shows up as something you can click on most people will assume you can't do it even when it says you can.

  • ConnecticoinConnecticoin Posts: 12,864 ✭✭✭✭✭

    @jmlanzaf said:

    @Connecticoin said:
    Good riddance. Paypal keeping the 3% fee on refunds was essentially theft when they were linked with ebay.

    Some credit cards charge an extra 3% > @Connecticoin said:

    @jmlanzaf said:

    @Connecticoin said:
    Good riddance. Paypal keeping the 3% fee on refunds was essentially theft when they were linked with ebay.

    Some credit cards charge an extra 3% for processing the return payment.

    So they engage in usury AND theft.

    No. They charge a fee to process payments. Process 2 payments. Charge 2 fees. It's actually quite logical as the service provided is the same in both cases.

    They should not get paid to process payments that are refunded. Their marginal cost to “process” is zero. But because they have an oligopoly they get away with this theft and usury (27.99% APR or more).

  • 124Spider124Spider Posts: 940 ✭✭✭✭✭

    For various reasons, PayPal has become my least favored payment method, only used when nothing else is available.

    For the record, eCheck on GC is as easy as can be. I log in when the auction is through, and I'm done in a minute or less. And I have the coin by Wednesday, typically.

  • jmlanzafjmlanzaf Posts: 34,251 ✭✭✭✭✭
    edited May 20, 2024 2:14AM

    @Connecticoin said:

    @jmlanzaf said:

    @Connecticoin said:
    Good riddance. Paypal keeping the 3% fee on refunds was essentially theft when they were linked with ebay.

    Some credit cards charge an extra 3% > @Connecticoin said:

    @jmlanzaf said:

    @Connecticoin said:
    Good riddance. Paypal keeping the 3% fee on refunds was essentially theft when they were linked with ebay.

    Some credit cards charge an extra 3% for processing the return payment.

    So they engage in usury AND theft.

    No. They charge a fee to process payments. Process 2 payments. Charge 2 fees. It's actually quite logical as the service provided is the same in both cases.

    They should not get paid to process payments that are refunded. Their marginal cost to “process” is zero. But because they have an oligopoly they get away with this theft and usury (27.99% APR or more).

    Paypal doesn't but they do keep the original processing fee. It is standard practice in the industry. You just don't notice if you don't have a merchant account with other providers.
    Their "marginal cost" is the same in reverse as forward with perhaps a smaller insurance premium. It may even be higher if it is the result of a charge back. Fees vary depending on the CC and the type of refund. It's sometimes zero, sometimes a flat nominal fee, sometimes a percentage. But I don't know any payment processor that routinely refunds the processing fee. Why should they? They provided the service. It's not their fault someone wants a refund.

  • AzurescensAzurescens Posts: 2,750 ✭✭✭✭✭

    I'm pretty sure PayPal exists solely as a front for 0% interest loans. I mean think about it. You just let someone build a business and wait for their balance to get big enough, then just rug pull them and seize their funds. You don't have to pay any interest and if you're ever sued you can afford an army of lawyers with all your other stolen money. It costs money to sue someone and you just disabled a small business owner's revenue stream.

    You're functionally unstoppable, and there's no sign the government will do anything to protect people who used your services. In fact, the people in power own a boatload of shares in your theft ring, why would they work against their interests?

    Why would you ever stop? That's right, you don't, so you open up another payment processing provider (Venmo) where you run the same playbook. You provide the illusion of choice to people and all they do is fall into another one of your traps.

    You can keep this money for at least 6 months according to your terms of service, but if you setup bad enough customer service, you can stonewall people and delay delay delay. Indeed, there are some people who have been out of money for years. And of course, if anything ever happens to those people, like say a pandemic, old age or any number of accidental deaths, you just keep it.

    I mean honestly explain to me how I'm wrong. I've been banned from a boatload of websites and subreddits for pointing this out.

  • lermishlermish Posts: 2,921 ✭✭✭✭✭

    @Azurescens said:
    I'm pretty sure PayPal exists solely as a front for 0% interest loans. I mean think about it. You just let someone build a business and wait for their balance to get big enough, then just rug pull them and seize their funds. You don't have to pay any interest and if you're ever sued you can afford an army of lawyers with all your other stolen money. It costs money to sue someone and you just disabled a small business owner's revenue stream.

    You're functionally unstoppable, and there's no sign the government will do anything to protect people who used your services. In fact, the people in power own a boatload of shares in your theft ring, why would they work against their interests?

    Why would you ever stop? That's right, you don't, so you open up another payment processing provider (Venmo) where you run the same playbook. You provide the illusion of choice to people and all they do is fall into another one of your traps.

    You can keep this money for at least 6 months according to your terms of service, but if you setup bad enough customer service, you can stonewall people and delay delay delay. Indeed, there are some people who have been out of money for years. And of course, if anything ever happens to those people, like say a pandemic, old age or any number of accidental deaths, you just keep it.

    I mean honestly explain to me how I'm wrong. I've been banned from a boatload of websites and subreddits for pointing this out.

    So you're claiming their entire business model is fraud? Maybe but I doubt it. I do not care for Paypal and I don't care for their business practices but you are very likely wrong.

    They are currently paying 4.3% on deposits and earning more than 5% risk free on short term t-bills. They are operating as a bank. Paypal has many billions of dollars on deposit. For every $1B on deposit they are generating (at least) $12M per year in revenue. You really think that they plan to make life difficult and risk their entire business by holding on to thousands of dollars of business owners money? Not impossible but it makes zero sense and smacks of a wild conspiracy theory to me.

  • jmlanzafjmlanzaf Posts: 34,251 ✭✭✭✭✭

    @Azurescens said:
    I'm pretty sure PayPal exists solely as a front for 0% interest loans. I mean think about it. You just let someone build a business and wait for their balance to get big enough, then just rug pull them and seize their funds. You don't have to pay any interest and if you're ever sued you can afford an army of lawyers with all your other stolen money. It costs money to sue someone and you just disabled a small business owner's revenue stream.

    You're functionally unstoppable, and there's no sign the government will do anything to protect people who used your services. In fact, the people in power own a boatload of shares in your theft ring, why would they work against their interests?

    Why would you ever stop? That's right, you don't, so you open up another payment processing provider (Venmo) where you run the same playbook. You provide the illusion of choice to people and all they do is fall into another one of your traps.

    You can keep this money for at least 6 months according to your terms of service, but if you setup bad enough customer service, you can stonewall people and delay delay delay. Indeed, there are some people who have been out of money for years. And of course, if anything ever happens to those people, like say a pandemic, old age or any number of accidental deaths, you just keep it.

    I mean honestly explain to me how I'm wrong. I've been banned from a boatload of websites and subreddits for pointing this out.

    I think I see why.

    Are you planning on learning a lesson from all this banning?

  • AzurescensAzurescens Posts: 2,750 ✭✭✭✭✭

    @lermish said:

    @Azurescens said:
    I'm pretty sure PayPal exists solely as a front for 0% interest loans. I mean think about it. You just let someone build a business and wait for their balance to get big enough, then just rug pull them and seize their funds. You don't have to pay any interest and if you're ever sued you can afford an army of lawyers with all your other stolen money. It costs money to sue someone and you just disabled a small business owner's revenue stream.

    You're functionally unstoppable, and there's no sign the government will do anything to protect people who used your services. In fact, the people in power own a boatload of shares in your theft ring, why would they work against their interests?

    Why would you ever stop? That's right, you don't, so you open up another payment processing provider (Venmo) where you run the same playbook. You provide the illusion of choice to people and all they do is fall into another one of your traps.

    You can keep this money for at least 6 months according to your terms of service, but if you setup bad enough customer service, you can stonewall people and delay delay delay. Indeed, there are some people who have been out of money for years. And of course, if anything ever happens to those people, like say a pandemic, old age or any number of accidental deaths, you just keep it.

    I mean honestly explain to me how I'm wrong. I've been banned from a boatload of websites and subreddits for pointing this out.

    So you're claiming their entire business model is fraud? Maybe but I doubt it. I do not care for Paypal and I don't care for their business practices but you are very likely wrong.

    They are currently paying 4.3% on deposits and earning more than 5% risk free on short term t-bills. They are operating as a bank. Paypal has many billions of dollars on deposit. For every $1B on deposit they are generating (at least) $12M per year in revenue. You really think that they plan to make life difficult and risk their entire business by holding on to thousands of dollars of business owners money? Not impossible but it makes zero sense and smacks of a wild conspiracy theory to me.

    It's not fraud if you're never held accountable.

  • AzurescensAzurescens Posts: 2,750 ✭✭✭✭✭

    @jmlanzaf said:

    @Azurescens said:
    I'm pretty sure PayPal exists solely as a front for 0% interest loans. I mean think about it. You just let someone build a business and wait for their balance to get big enough, then just rug pull them and seize their funds. You don't have to pay any interest and if you're ever sued you can afford an army of lawyers with all your other stolen money. It costs money to sue someone and you just disabled a small business owner's revenue stream.

    You're functionally unstoppable, and there's no sign the government will do anything to protect people who used your services. In fact, the people in power own a boatload of shares in your theft ring, why would they work against their interests?

    Why would you ever stop? That's right, you don't, so you open up another payment processing provider (Venmo) where you run the same playbook. You provide the illusion of choice to people and all they do is fall into another one of your traps.

    You can keep this money for at least 6 months according to your terms of service, but if you setup bad enough customer service, you can stonewall people and delay delay delay. Indeed, there are some people who have been out of money for years. And of course, if anything ever happens to those people, like say a pandemic, old age or any number of accidental deaths, you just keep it.

    I mean honestly explain to me how I'm wrong. I've been banned from a boatload of websites and subreddits for pointing this out.

    I think I see why.

    Are you planning on learning a lesson from all this banning?

    Never. If nothing else, it only solidifies my conviction that I'm right and am being silenced. Financial forums seem to have a really big problem with me pointing this out.

  • jmlanzafjmlanzaf Posts: 34,251 ✭✭✭✭✭

    @Azurescens said:

    @jmlanzaf said:

    @Azurescens said:
    I'm pretty sure PayPal exists solely as a front for 0% interest loans. I mean think about it. You just let someone build a business and wait for their balance to get big enough, then just rug pull them and seize their funds. You don't have to pay any interest and if you're ever sued you can afford an army of lawyers with all your other stolen money. It costs money to sue someone and you just disabled a small business owner's revenue stream.

    You're functionally unstoppable, and there's no sign the government will do anything to protect people who used your services. In fact, the people in power own a boatload of shares in your theft ring, why would they work against their interests?

    Why would you ever stop? That's right, you don't, so you open up another payment processing provider (Venmo) where you run the same playbook. You provide the illusion of choice to people and all they do is fall into another one of your traps.

    You can keep this money for at least 6 months according to your terms of service, but if you setup bad enough customer service, you can stonewall people and delay delay delay. Indeed, there are some people who have been out of money for years. And of course, if anything ever happens to those people, like say a pandemic, old age or any number of accidental deaths, you just keep it.

    I mean honestly explain to me how I'm wrong. I've been banned from a boatload of websites and subreddits for pointing this out.

    I think I see why.

    Are you planning on learning a lesson from all this banning?

    Never. If nothing else, it only solidifies my conviction that I'm right and am being silenced. Financial forums seem to have a really big problem with me pointing this out.

    Er... that's one possible interpretation. But by that logic, pleading "not guilty" is an admission of guilt.

  • Jacques_LoungecoqueJacques_Loungecoque Posts: 733 ✭✭✭✭✭

    I can understand why one would be irked by being told a firm accepts CC’s online and then gets routed through PayPal. PP has become to many, a rather divisive company. Those folks do not want PP making one cent from/off them.

    What I cannot understand is how advertised accepted payment methods could be become that murky? What necessitated that? Good communication is a key to harmony. Case in point……

    Having fun while switching things up and focusing on a next level PCGS slabbed 1950+ type set, while still looking for great examples for the 7070.

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