Paypal transaction question - goods and services - any help is much appreciated
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I'm planning on make a paypal goods and services transaction where I am the seller. The item I am having swapped is worth more than $1000. In the goods and services, am I right to assume paypal can cover $750 and needs a written signature? Also if everything has been bank/credit card certified for people's accounts, there's no faking it? Is that a correct assumption? As long as I am fulfilling my end in providing the item within 7 days, packaged well and all the other rules. I'm just trying to be cautious as this is my first time with a larger transaction. They can't **bleep** me over once they have something pending and there's no pull out of the situation if I live up to my side, right? Thanks for any help in advance. -JC
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PayPal deals with money, not trades. This means you SELL the item for a specific value. Send the buyer a PayPal invoice to include product pictures, description, shipping, and price. Buyer pays. You ship.
You include online tracking to show delivery. For over $750 you need to include signature for delivery confirmation.
If someone sells you something it is reversed.
Your sale is only contingent on receiving payment, nothing more.
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Paypal is a payment processor,buyer can pay you using Paypal fund,credit card or bank account.
read Paypal seller protection to learn more.
There is no protection for certain categories and there is no protection for item not as described.
say you sold a ROLEX and it turns out to be a fake.
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