Money Transfer
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I am selling a car & the person buying has agreed to pay via my Pay Pal Account. I assume i have to provide the buyer with the bank account details registered on my PayPal profile. How safe is this process or have I got the process wrong.
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Seller Protection
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No, you do not provide the buyer with bank account info. Just your PayPal email address. But in order to withdraw funds, you will need to link your bank account to your PayPal account. A word of warning, should the buyer file a dispute, your sale is not eligible for PayPal Seller protection and are liable if the payment is later reversed or invalidated on vehicles.
https://www.paypal.com/au/webapps/mpp/ua/useragreement-full?locale.x=en_AU#seller-protection
Kudos & Solved are greatly appreciated. 🙂
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