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since ‎Jun-11-2012
molsen8810
molsen8810 Contributor
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Re: New Seller. ?? about the transaction process

by molsen8810 Contributor in About Business (Archive)
‎Jun-11-2012 05:20 PM
‎Jun-11-2012 05:20 PM
Does the option to use the PayPal shipping label come up on My Account once funds have been trabferred? All I keep reading is that no matter how you sell your item you'll get scammed. Buyers can deny receiving an item, request chargebacks. How can a legit sale be made? ... View more

Re: New Seller. ?? about the transaction process

by molsen8810 Contributor in About Business (Archive)
‎Jun-11-2012 03:50 PM
‎Jun-11-2012 03:50 PM
That wasn't my question. Perhaps I was unclear. I'm trying to figure out how this process works. Say I have notice that a payment is pending so I then ship my item. I insure it and provide the tracking number to PayPal and the buyer. The postal service confirms delivery. Is it upon the postal service delivery that funds will be released or does the buyer have to acknowledge receipt? I have yet to make a transaction, I just want to clarify my concerns before I do. I'm concerned that a buyer may deny receiving the item. Then what do I do? ... View more

New Seller. ?? about the transaction process

by molsen8810 Contributor in About Business (Archive)
‎Jun-11-2012 03:34 PM
‎Jun-11-2012 03:34 PM
I hoping an experienced user will be able to clarify a few things for me. I'm using PayPal to sell for the first time. I don't intend on using this service again I just have one high ticket item I'd like to sell. I have an interested buyer that is overseas. So as I understand the process: The buyer makes a payment to me. PayPal holds the funds. I e-mail the buyer and PayPal the tracking number for verification. I wait for my buyer to receive the shipment. The buyer confirms with PayPal that the shipment was received and then PayPal releases the funds for me to transfer into my bank account/credit card. If I'm missing something please let me know. Here are my concerns: if I ship the item and tracking confirms the parcel has been delivered, what prevents a buyer from just stating that they never received the item and they demand a refund. At that point should I just be sure to insure the parcel with the postal service. Will PayPal release funds once the postal service has confirmed delivery? It just seems to me that unless you are dealing with honest people, which you won't know until it's too late, you'll get **bleep**ed. Hopefully someone can reassure me that this is a worth while service. ... View more
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