FriendsFamily v Std Transaction

page853
Contributor
Contributor

Hi

wonder if someone can help..........

 

I have a seller who is saying that his paypal account was hacked and that on his new paypal account he can only accept friends and family payments - is this correct ?

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kernowlass
Esteemed Advisor
Esteemed Advisor

@page853 

 

Rubbish, do not pay that way, find a better seller.

 

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 paying his paypal fees and negates your buyer protection at the same time.




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kernowlass
Esteemed Advisor
Esteemed Advisor

@page853 

 

Rubbish, do not pay that way, find a better seller.

 

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 paying his paypal fees and negates your buyer protection at the same time.




Advice is voluntary.
Kudos / Solution appreciated.
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page853
Contributor
Contributor

Hi - thanks

 

I know the difference between std and friends and family.

 

What I wanted to know is if what the seller is telling me is correct i.e. his new replacement account can only accept friends and family.

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kernowlass
Esteemed Advisor
Esteemed Advisor

@page853 

 

Answered that already in my first sentence in my above reply !!!


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