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Forced towards Paypal ONLY... might not be a bad thing!

BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭
The checks in the mail, life is beautiful, etc.,etc.,etc... it's a BS lately when dealing with EBay buyers.

In the 7-8 years that I have been selling odds-n-ends never have I ever dealt with non paying bidders.

Just in the last few months I'm now dealing with my 5th case.

Time to set-up every listing as Instant Paypal Payment Required.

No Mo Mr. Nice Guy... as my mug below is now available for purchase! image


imageimage
To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!

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    I didn't fully understand that Broadstruck, probablt because I am not a seller.

    As a buyer I have never used anything other than patpal. Of course since I am not in the US it is the only reasonable way.

    I admit I can not understand (I do NOT mean not agree) with the problems of sellers accepting paypal. I am sure there are many reasons I just don't understand.
    Becoming informed but still trying to learn every day!
    1-Dammit Boy Oct 14,2003

    International Coins
    "A work in progress"


    Wayne
    eBay registered name:
    Hard_ Search (buyer/bidder, a small time seller)
    e-mail: wayne.whatley@gmail.com
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    BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭


    << <i>I didn't fully understand that Broadstruck, probablt because I am not a seller.

    As a buyer I have never used anything other than patpal. Of course since I am not in the US it is the only reasonable way.

    I admit I can not understand (I do NOT mean not agree) with the problems of sellers accepting paypal. I am sure there are many reasons I just don't understand. >>



    There's been a big whine fest on only taking paypal due to their percentage hit.

    However offering the buyer the option of sending a Personal Check, Money Order, or Cashiers Check just isn't working lately.

    So this is more of a Pro-Paypal post in a way.
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
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    ttownttown Posts: 4,472 ✭✭✭
    Well the old saying "Careful what you wish for" has come true. Over the years there's been many post on issues with sellers and buyers transactions. Well guess what Ebay heard you and now they are making sure you get your item (at least a chance with a CC) and money.
    This version of Ebay sure sucks compared to it when I started in 1997.

    I wish they'd leave it alone for awhile I don't need them messing up my searches and sure don't want all the fakes from China showing up in the collectors searches!
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    I like the immediate payment required option. It takes out all the guess work and weeds out the deadbeats.
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    BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭


    << <i>I like the immediate payment required option. It takes out all the guess work and weeds out the deadbeats. >>



    Me too, yet feel this is the last resort... Sad but "you wanna play, you gotta pay".

    This keeps the deadbeats from doing any rapid mouse clicking.

    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
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    << <i>

    << <i>I like the immediate payment required option. It takes out all the guess work and weeds out the deadbeats. >>



    Me too, yet feel this is the last resort... Sad but "you wanna play, you gotta pay".

    This keeps the deadbeats from doing any rapid mouse clicking. >>



    Thats how I have always used eBay. Why bid to win if you can't pay? That would not make any sense to me.
    Becoming informed but still trying to learn every day!
    1-Dammit Boy Oct 14,2003

    International Coins
    "A work in progress"


    Wayne
    eBay registered name:
    Hard_ Search (buyer/bidder, a small time seller)
    e-mail: wayne.whatley@gmail.com
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    blu62vetteblu62vette Posts: 11,968 ✭✭✭✭✭


    << <i>

    No Mo Mr. Nice Guy... as my mug below is now available for purchase! image


    imageimage >>



    Please dont spam the US forum with your sales, go to the BST! imageimage
    http://www.bluccphotos.com" target="new">BluCC Photos Shows for onsite imaging: Nov Baltimore, FUN, Long Beach http://www.facebook.com/bluccphotos" target="new">BluCC on Facebook
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    BECOKABECOKA Posts: 16,961 ✭✭✭
    I'm actually for Paypal, I like keeping things simple.
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    notwilightnotwilight Posts: 12,864 ✭✭✭
    I haven't had any problems with check/mo's lately. Here is what I have a problem with:

    $50 item
    ebay fees: $6.36
    paypal: $1.75
    the ebay fee is over 10% but paypal is not a big deal on this item and makes it easy.

    $5000 item
    ebay fees: $143.35
    paypal fees $145.30
    The ebay fee is more reasonable but paypal is now more than the ebay fee.

    $10000 item
    Ebay fees $243.35
    Paypal fees: $290.30.

    Do you guys all realize that for high value items the paypal fees are higher than ebay fees? Are you ok with paypal/ebay taking over $500 on a $10,000 coin? I see lots of whining about dealer markups. Are you ok with paying dealer markup and then this percentage on top of that to paypal/ebay?


    --Jerry

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    RussRuss Posts: 48,514 ✭✭✭
    No mail payments is a stupid decision that is nothing more than a fee grab. Plenty of collectibles buyers will leave eBay.

    Russ, NCNE
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    RussRuss Posts: 48,514 ✭✭✭
    Jerry,

    If you're paying 2.9% to PayPal, you're getting screwed.

    Russ, NCNE
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    << <i>The checks in the mail, life is beautiful, etc.,etc.,etc... it's a BS lately when dealing with EBay buyers.

    In the 7-8 years that I have been selling odds-n-ends never have I ever dealt with non paying bidders.

    Just in the last few months I'm now dealing with my 5th case.

    Time to set-up every listing as Instant Paypal Payment Required.

    No Mo Mr. Nice Guy... as my mug below is now available for purchase! image


    imageimage >>






    Just wait until someone decides to reverse their paypal payment on you 3 months after buying AND leaving a positive feedback. Paypal's stance on this? "Your out of luck and owe us $xxx UNLESS you can provide the tracking number, have a nice day". Hang on to ALL tracking numbers FOREVER!image
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    I'd be interested in buying the mug, but only if you'd accept a check via mail.
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    notwilightnotwilight Posts: 12,864 ✭✭✭


    << <i>Jerry, If you're paying 2.9% to PayPal, you're getting screwed. Russ, NCNE >>



    No, I'm at 2.2 but I didn't change the calculator at this exercise. I also left out the powerseller rebate since most readers aren't powersellers. --jerry
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    BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭


    << <i>No mail payments is a stupid decision that is nothing more than a fee grab. Plenty of collectibles buyers will leave eBay.

    Russ, NCNE >>



    Russ, what percentage do the hence men you send out to collect charge image
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
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    SmittysSmittys Posts: 9,877 ✭✭✭✭✭
    I got paid by an echeck threw paypal for 230.00 fees were only 5.00
    I liked that, but basicly I think I'm at 2.95 too, how do I get that down cheaper
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    RussRuss Posts: 48,514 ✭✭✭


    << <i>"Your out of luck and owe us $xxx UNLESS you can provide the tracking number, have a nice day". >>



    You mean they require that a seller comply with their stated seller protection policy? Just like every other merchant processing company on the planet? Damn them.

    Russ, NCNE
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    blu62vetteblu62vette Posts: 11,968 ✭✭✭✭✭


    << <i>I'd be interested in buying the mug, but only if you'd accept a check via mail. >>



    if i pay via postal money order and you ship USPS, am I gaurenteed a broken mug in shipping? image
    http://www.bluccphotos.com" target="new">BluCC Photos Shows for onsite imaging: Nov Baltimore, FUN, Long Beach http://www.facebook.com/bluccphotos" target="new">BluCC on Facebook
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    RussRuss Posts: 48,514 ✭✭✭


    << <i>I liked that, but basicly I think I'm at 2.95 too, how do I get that down cheaper >>



    Volume. PayPal provides merchant rates. $3k a month - 2.5%. $10K a month - 2.2%. $100K a month - 1.9%.

    Russ, NCNE
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    BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭


    << <i>

    << <i>I'd be interested in buying the mug, but only if you'd accept a check via mail. >>



    if i pay via postal money order and you ship USPS, am I gaurenteed a broken mug in shipping? image >>



    Yes and as an added bonus I'll fill it with some freshly brewed dark roast columbian prior to shipping! image
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
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    OPAOPA Posts: 17,162 ✭✭✭✭✭


    << <i>

    << <i>"Your out of luck and owe us $xxx UNLESS you can provide the tracking number, have a nice day". >>



    You mean they require that a seller comply with their stated seller protection policy? Just like every other merchant processing company on the planet? Damn them.

    Russ, NCNE >>



    image
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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    ChrisRxChrisRx Posts: 5,619 ✭✭✭✭


    << <i>No mail payments is a stupid decision that is nothing more than a fee grab. Plenty of collectibles buyers will leave eBay.

    Russ, NCNE >>



    Exactly! The instant paypal payment was available before this mandatory paypal payment.
    image
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    OPAOPA Posts: 17,162 ✭✭✭✭✭


    << <i>

    << <i>No mail payments is a stupid decision that is nothing more than a fee grab. Plenty of collectibles buyers will leave eBay.

    Russ, NCNE >>



    Exactly! The instant paypal payment was available before this mandatory paypal payment. >>



    Not to sure if I agree with "Plenty of collectibles buyers will leave eBay" ..... as a buyer it's cost effective to open a PayPal acct. No M.O. fees or Postage Fees. Personally, I prefer paypal as a buyer or seller.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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    ChrisRxChrisRx Posts: 5,619 ✭✭✭✭


    << <i>

    << <i>

    << <i>No mail payments is a stupid decision that is nothing more than a fee grab. Plenty of collectibles buyers will leave eBay.

    Russ, NCNE >>



    Exactly! The instant paypal payment was available before this mandatory paypal payment. >>



    Not to sure if I agree with "Plenty of collectibles buyers will leave eBay" ..... as a buyer it's cost effective to open a PayPal acct. No M.O. fees or Postage Fees. Personally, I prefer paypal as a buyer or seller. >>



    For the long run (and if you sell higher priced items) Paypal eats away at any profits you make (if any after all the fee's)
    image
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    RussRuss Posts: 48,514 ✭✭✭


    << <i>Not to sure if I agree with "Plenty of collectibles buyers will leave eBay" ..... >>



    Then you're not getting the eMails I'm getting. This YTD, I've received over $33K in mail payments. Plenty of these buyers have made it crystal clear that they will not sign up for PayPal, ever.

    Russ, NCNE
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    OPAOPA Posts: 17,162 ✭✭✭✭✭


    << <i>

    << <i>Not to sure if I agree with "Plenty of collectibles buyers will leave eBay" ..... >>



    Then you're not getting the eMails I'm getting. This YTD, I've received over $33K in mail payments. Plenty of these buyers have made it crystal clear that they will not sign up for PayPal, ever.

    Russ, NCNE >>



    obviously not. I can't recall the last time I received a non PayPal payment, but on the other hand, eBay is not my livelyhood and I only average about 30 sales per month.



    << <i>For the long run (and if you sell higher priced items) Paypal eats away at any profits you make (if any after all the fee's) >>



    I don't considere 3% or less excessive ... It would almost cost you that much if you had a merchant account that accepts credit cards. Now the eBay fees, that's another story...
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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    It just seems like yesterday that I was getting a $10 referral fee for everyone that I got to sign up for Paypal. Prior to 1999 most all sales were checks. I never had a problem and still don't with checks. It's the buyers though that are so darn inpatient. Once they win something - they want it yesterday. I'm afraid there's no putting the monster back in the cage that I helped create.

    It's the rising ebay fees and lack of seller feedback that are the real killers.

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