How to Protect Yourself as Seller and Buyer

I still stress that folks do their homework before blindly sending money to someone (not just on the board), especially when being asked to "gift" it.

Sadly some of the more notorious scam artists are still hanging around this hobby, even after being banned from SB... hope that new recruits don't fall victim to their bullshit.

 

resolved

 

I just want to add, and then I am done too, that I never doubted his character. But it is still a good idea to have buyer (and also seller) protection in any large transaction. Things happen. It is really a simple question about whether personal payments are safe for large transactions with anyone.

cindy

 

Wandering off topic . . . needlessly retracing steps and deleting all responses! It used to happen a lot and always seemed kinda punk-ass to me!

 

Just wanted to add the biggest scammers here have been long-time members with thousands of posts. Don't mean nuttin.

 

Glad to see the spirit of RFSO is still alive in 2014.

Oh..wait...

 

Gift payments are either for bonafide gifts or for transactions between two people who have complete trust in each other. Doesn't matter if one party is an old member if the other party (whether new or not) doesn't know the other party. After all, it's not like old members have never turned into douchebags.

 

I believe its something like 250$ value where its required to have a signature otherwise you get assed out due to policy or something. I learned that on a thread here not too long ago, its good to know.

 

dead horse = beat to a pulp

 

its a good horse, what can i say

 

beat that 250$ to a pulp... i've been burned that way, only then did I learn this rule... if its blasted out there enough, to protect one persons wallet, it's worth it.

 

Truth ^^^

 

In case you didn't get the email from PayPal in regards to the upcoming policy changes (or take the time to read it), there's one in particular that that makes no sense to me:

Starting May 15, 2014 the $250 sig confirmation rule is being changed to $750 (the same goes for returning a $750+ item back to the seller).

https://www.paypal.com/webapps/mpp/ua/u ... le.x=en_US

I just cant understand why PP would chose to triple the dollar amount required for sig confirm, which will probably lead to a huge increase in "item not received" claims (and a lot more work for them) as a result.
Can someone please help explain to me PayPal's possible reasoning behind this?

*This is NOT an April Fool's joke.

 

Right, just as it was before with the $250+...

Do you not foresee a lesser mandate of sig confirmation equaling a lot more "item not received" claims for PayPal to deal with (whether legitimate or not)? I would totally understand if the value was lowered, but this in effect will make PayPal 3x more liable to cover the seller in the event something goes wrong. From a business standpoint this makes zero sense to me (higher call volume + more liability). Every other mega-corporation goes around cutting corners and expenses, why would PayPal do the opposite? It just doesn't add it up in my book... so I'm asking for help understanding.

So who's going to be protected? Say I buy something for $500 and it gets stolen from my doorstep because I didn't need to be home to sign for it... Great, PayPal will protect the seller (who wasn't required to have me sign), so where does that leave me? PP sure as hell isn't going to kick out a grand out-of-pocket to cover both parties... are they?

Today's news aside (and trying to stay on topic), I hope people kick out the couple extra dollars to insure any high value packages they ship via USPS (which includes sig confirm). Not just to help protect the contents from possible theft on the receiving end, but also from the abuse that definitely can (and does) happen in transit.

 

Although much of this great info should be painfully obvious, it sadly is needed these days, aye.

As for me, I always have my tail covered with at least several pairs of iron trousers, and I won't send *ANY*thing, regardless if its a $1 trading card, without full insurance and delivery confirmation. It should also go without saying that bubble wraps, peanuts, and inner security is a must. If a box I'm sending can't survive at the bottom of an ocean or stand a kick down the alleyway, its NOT being sent out. I'm also a huge believer in mummification via heavy-gauge packing tape.

Have you ever received a video game that was just tossed sloppily into a cheap envelope, the edge of the cartridge actually poking out through a corner? What about a figure actually broken to pieces due to disrespect and utter carelessness? And how did that make you feel?