Reciving money as gift with Paypal

[DTR]

Those bastards have threatened to cut me off from being able to receive money as gift.


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Dear,

We recently changed our pricing so that all PayPal customers can receive
money from friends and family within the US for free. PayPal merchants
receiving money as payment for a purchase, continue to incur fees.

We’re not sure if you are aware of this, but we noticed that some of
your customers are sending you personal payments for purchases.
Unfortunately, this violates our rules, and we need your help correcting
this. Please don’t ask or allow your customers to use personal payments
to pay for their purchases.

If we continue to see such activity after Nov 15, 2010, we may have to
disable your ability to receive personal payments, and then you will pay
fees for all money received through PayPal.

You can find more information about payment types and fees in sections
4.2 and 8 of our User Agreement – just click “Legal Agreements” at the
bottom of any PayPal page.

If you have any questions, concerns, or think we may have made a
mistake, please contact us at P2P@paypal.com. Thank you for helping us
resolve this matter.

Sincerely,

P2P Risk Monitoring Team

PayPal

 

[JLSE]

In all fairness, if you are circumventing fees, they have every right.

I use this option to transfer money sometimes as 5-7 days to transfer
to my bank account is too long.

You can also bet your a$$ that the team responsible for looking at
such activity is larger than their customer service reps.. :toilet:

 

[DTR]

In all fairness, if you are circumventing fees, they have every right.

I use this option to transfer money sometimes as 5-7 days to transfer
to my bank account is too long.

You can also bet your a$$ that the team responsible for looking at
such activity is larger than their customer service reps.. :toilet:

I thought the fee was for providing buyer protection. Since the customer is waiving the protection what is the fee for?

 

[ped]

Using the paypal service maybe?

Staff cost money, buildings cost money...

You get nothing for nothing in this world

 

[JLSE]

I thought the fee was for providing buyer protection. Since the customer is waiving the protection what is the fee for?

You point out two reasons with that statement. 1, they make nothing on it,
and 2, it cost them more headache when a deal goes 'bad'.

While they may offer no buyer protection, the buyers credit card company
can and usually does.

Im sure they have had their share of CC chargebacks related to
purchases made, and unhappy buyers.

The fact that they look for it, says quite a bit.

 

[DTR]

You point out two reasons with that statement. 1, they make nothing on it,
and 2, it cost them more headache when a deal goes 'bad'.

While they may offer no buyer protection, the buyers credit card company
can and usually does.

Im sure they have had their share of CC chargebacks related to
purchases made, and unhappy buyers.

The fact that they look for it, says quite a bit.

You can not send money from a credit card as gift without paying fees. The only way not to pay a fee as the sender is if the money comes from a checking account probably for that exact reason.

I understand they have to make money too. I guess it is all irrelevant since I have to stop accepting payments as gift anyway.:beer:

 

[JLSE]

You can not send money from a credit card as gift without paying fees. The only way not to pay a fee as the sender is if the money comes from a checking account probably for that exact reason.

I understand they have to make money too. I guess it is all irrelevant since I have to stop accepting payments as gift anyway.:beer:

Any form of payment not solely governed by paypal, including a bank account
will always retain the 'final word'.

Just raise your prices accordingly, and feed the PP monster...

 

[ped]

As WB said up there ^^ take into account the fees and adjust your prices accordingly, most other people do, a ballache agreed but this is paypal for you.

 

[DTR]

I never had a problem eating the fees until I started with these diodes telling people they had the option of paying as gift if they wanted to save the $2. The picked up on that real quick. It is not worth them limiting my account.

The main reason I posted was to see if others have had similar notices from them.

 

[hakzaw1]

I just got some re-payments for shipping which is NOT a purchase( a service payment) I hope they dont send me one like that-- I am sorry if anything I did caused anyone to get such a email.

--hello google-check? how do I sign up?

 

[lasersbee]

@ DTR...

So basically... if I sent you $0.10 a hundred times as a gift...
you'd be up Sh!t creek without a paddle....:crackup:....ROFLMAO...:crackup:

J/K....:eg:

Jerry

 

[DTR]

@ DTR...

So basically... if I sent you $0.10 a hundred times as a gift...
you'd be up Sh!t creek without a paddle....:crackup:....ROFLMAO...:crackup:

J/K....:eg:

Jerry

I can see you doing that.

I think that if I refuse the payments they should have nothing to say but it would take me as long to refuse them as it took you to send them.

 

[lasersbee]

I can see you doing that.

I think that if I refuse the payments they should have nothing to say but it would take me as long to refuse them as it took you to send them.

Not to you....
but maybe someone else...:eg:

Jerry

 

[Flaminpyro]

I have been told by a member here that if you accept it as a gift you will have to pay taxes on it also ?

 

[DTR]

I have been told by a member here that if you accept it as a gift you will have to pay taxes on it also ?

I have heard that before somewhere.:thinking:

 

[GoRdOn_B]

I read a thread on cpf a while ago about not sending as gift because the buyer cannot get a refund if the item doesn't show, because its a gift and not a purchase.