Friends and Family

Tpap17
New Community Member

 I am thinking of buying an item from a private party, they want me to send money thru Friends and Family, am I going to be protected if anything goes wrong?

 

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kernowlass
Esteemed Advisor
Esteemed Advisor

@Tpap17

 

NO ....

 

A friends / family (or gift payment) is intended as a transfer of funds from family or friends to one another. For this reason, there is no processing fee when payment is made with bank or PayPal balance.
However as it is a “gift” payment, there is also no Buyer protection as no goods or services should have been exchanged.

If he was not a close mate or family member you should never use that option as it enables the seller to evade his paypal fees and negates your buyer protection at the same time.
You also risk having your account limited for using this option when you are purchasing goods as its against Paypal rules.



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kernowlass
Esteemed Advisor
Esteemed Advisor

@Tpap17

 

NO ....

 

A friends / family (or gift payment) is intended as a transfer of funds from family or friends to one another. For this reason, there is no processing fee when payment is made with bank or PayPal balance.
However as it is a “gift” payment, there is also no Buyer protection as no goods or services should have been exchanged.

If he was not a close mate or family member you should never use that option as it enables the seller to evade his paypal fees and negates your buyer protection at the same time.
You also risk having your account limited for using this option when you are purchasing goods as its against Paypal rules.



Advice is voluntary.
Kudos / Solution appreciated.
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Anonymous_User
Not applicable

"am I going to be protected if anything goes wrong"?

 

There's no protection assuming you are purchasing an item and sending the money as "Friends and Family" - there's some really info in the User Agreement that explains Buyer Protection - you may want check out the details.

 

 

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