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Hi there, I hope that all is going well.
I'm new to using PayPal and I have only made a few transactions. However, I would like to know when supposedly receiving money via Friends and Family is there any clearance fee that I would need to pay from my end? If so, would PayPal take the fee from the money that would be sent or the sender would pay that fee? Also, would PayPal send a message to say that someone wants to send me money then after they would take out their fee? I would like to know how the process works. Please let me know. Thanks in advance for your help.
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Its against Paypal rules to accept a family / friends payment for selling goods and you risk your Paypal account being limited if you do so.
A buyer would not be able to open a Paypal dispute for non-receipt of item OR item not as described as they would have no Paypal buyer protection.
However they can still open a dispute for an unauthorised transaction OR do a chargeback (via their card issuer) and you may well lose as you would have no Paypal seller protection.
Advice is voluntary.
Kudos / Solution appreciated.
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Its against Paypal rules to accept a family / friends payment for selling goods and you risk your Paypal account being limited if you do so.
A buyer would not be able to open a Paypal dispute for non-receipt of item OR item not as described as they would have no Paypal buyer protection.
However they can still open a dispute for an unauthorised transaction OR do a chargeback (via their card issuer) and you may well lose as you would have no Paypal seller protection.
Advice is voluntary.
Kudos / Solution appreciated.
- Mark as New
- Bookmark
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- Permalink
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