Home› Trading Cards & Memorabilia Forum

Why do sellers say "Paypal Cash Transfer Only"?

262Runner262Runner Posts: 606 ✭✭✭
in Trading Cards & Memorabilia Forum
I do not understand this. Can the seller really tell if I pay from my checking account or my credit card? Why does it matter to him anyway? I prefer to use my credit card, just a little added protection....

Link

Collecting all cards - Gus Zernial
Post Cereal both raw and PSA Graded (1961-1963)

Comments

  • AkbarCloneAkbarClone Posts: 2,476 ✭✭✭
    If they only have a personal account (not a business account) then they can accept bank/cash transfers for free. For them to accept credit card payments, they have to upgrade to a business account and will incur Paypal fees to accept payments.

    The link you provided shows a seller you displays the Paypal logo with credit card icons, which would still confuse some buyers who don't read the full description. I thought there was a way to display the Paypal logo without the credit card icons also listed. He should look into that just to make his auctions 100% clear with all potential buyers.
    I collect Vintage Cards, Commemorative Sets, and way too many vintage and modern player collections in Baseball (180 players), Football (175 players), and Basketball (87 players). Also have a Dallas Cowboy team collection.
  • stevekstevek Posts: 29,048 ✭✭✭✭✭
    This is the way PayPal offers seller accounts. One type of PayPal seller account cannot accept credit cards - this is the type of PayPal seller account which I have - I just state this in my auctions "no credit card payments through PayPal" and have never had a problem with a buyer. If not liking this...then don't bid.
  • lostdart58lostdart58 Posts: 2,938 ✭✭✭
    One can have a NON -business paypal account which is not charged fees for cash transfers. This PERSONAL PAYPAL account has other limitations such as no more then $500/month of sales. ( I believe...)
    Collector of:Baseball
    1955 Bowman Raw complete with 90% Ex-NR or better

    Now seeking 1949 Eureka Sportstamps...NM condition
    Working on '78 Autographed set now 99.9% complete -
    Working on '89 Topps autoed set now complete


  • jrdolanjrdolan Posts: 2,549 ✭✭
    Edited to remove what everybody just said while I was typing.

    I agree with the reason for using a CC on large transactions. If PayPal decides to be unhelpful in a dispute, your CC company will get the money back.
  • wufdudewufdude Posts: 356 ✭


    << <i>This is the way PayPal offers seller accounts. One type of PayPal seller account cannot accept credit cards - this is the type of PayPal seller account which I have - I just state this in my auctions "no credit card payments through PayPal" and have never had a problem with a buyer. If not liking this...then don't bid. >>



    Just curious, do you think not accepting credit card payments through Paypal has impacted the prices that you realize for your auctions? I would seem to think that there are alot of people that would bid up items if they know they will just end up charging it.
  • 262Runner262Runner Posts: 606 ✭✭✭
    I will normally not bid on larger ticket items, over $100, if I cannot use my credit card. It is simply for the added security. I have been on the losing end of a scam or two and do my best to avoid those situations.

    If I'm not using a credit card through paypal, I will usually send a check, then I at least have my canceled check as proof of payment in a dispute. That has never happened, but better to be safe then out a few hundred bucks.

    Thanks for all your input, it makes a bit more sense now. I still do not understand why a seller would not want to accept credit cards, I believe you are limiting your bidder base by not offering that service, especially on items perceived as "large ticket" purchases. If you can get one or two more bidders on your auctions because you accept credit cards, I would think that would easily cover the 3 - 5% fee you are charged.

    Although, in the case of this auction, I will probably bid on and buy the card anyway, I need this card for my set and It has NOT been readily available on ebay in a 7 as of late.

    262

    Collecting all cards - Gus Zernial
    Post Cereal both raw and PSA Graded (1961-1963)

  • AhmanfanAhmanfan Posts: 4,391 ✭✭✭✭
    Here is my Mays psa 7 ending today: http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&amp;item=5209368295&amp;rd=1&amp;sspagename=STRK:MESE:IT&amp;rd=1

    That Maris's bottom right corner would be a worry for me.
    John
    Collecting
    HOF SIGNED FOOTBALL RCS
  • SnowballSnowball Posts: 361


    << <i>I do not understand this. Can the seller really tell if I pay from my checking account or my credit card? Why does it matter to him anyway? I prefer to use my credit card, just a little added protection....

    Link >>




    262, seller on your link has a business account (I believe). When a seller has a buyer protection logo means that it's a business account. Some sellers (who have business/premier) doesn't have logo because either they opt out or their bank account is unverified. I know a business/premier account can no longer block payments made by CC. You can use CC unless seller gives you a different email address. Even if he/she accepts cash transfer (or services, quasi cash, goods, other auctions, etc) seller still gets charge paypal fees because seller has business account. Personal account doesn't carry that logo below the seller ID.











    RIP Snow
Sign In or Register to comment.