How do I request money to be fully covered? (Selling an item)
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Hi
Someone wishes to purchase a £300 item from myself and pay via PayPal.
Is the safest way just to click REQUEST MONEY or is it best another way, like creating an invoice or getting them to send money without requesting it etc?
What is the correct way of getting the £300 before I post the item?
Thanks
Mike
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Seller Protection
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As long as its a goods / services payment then you would have seller protection BUT that protection is not a 100% coverall, so your best bet is to read up on paypals seller protection policy so you can risk assess your sales. A money request or invoice is best as you can fully describe the item that you are selling.
You may be subject to the new seller hold (info on that in link below) but once cleared you can click on withdraw/transfer funds and send it to any linked funding source approved for withdrawals for the country you are in.
https://www.paypal.com/us/brc/article/funds-availability (that's the U.S link but the information is the same).
However be very careful as lots of scams about.
1. A lot of scammers encourage you to accept a Paypal payment and if you don't have an account ask you to open one.
2. Do not get scammed via spoof emails that look as if they are from Paypal.
3. Never send anything unless the funds are showing in your Paypal account balance, even if you are a new seller and subject to the new seller hold the funds would still show in your balance but have pending or on hold by them.
4. Do NOT send anything to an address that is not the buyers Paypal registered address.
5. Do not be fooled by your so called buyer and "Paypal" telling you that you either have to >>>
a. Send the item and provide a tracking number BEFORE the funds show in your balance.
b. You have to pay the buyers shipping agent via western union or moneygram OR any other payment transfer option before payment is credited to you.
6. Do not accept payment for sales using the family / friends option.
7. Remember sellers send invoices and not buyers so if you get an invoice or money request pending then you have NOT been paid if its not actually in your Paypal balance.
8. Any buyer asking you to send a gift card as well as their item is suspect as you will get a fake Paypal email saying they have paid but need to give them the gift card code first, thats all they want and you will never get paid.
9. If you are a seller you never have to send money or any sort of voucher to a buyer for anything account related.
Advice is voluntary.
Kudos / Solution appreciated.

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