0. Your 2nd post is correct. There is absolutely NO "buyer protection" with a direct wire transfer- absolutely all of the risk is on the buyer. 7 August 2012 at 12:59PM edited 30 November -1 at 12:00AM in Budgeting & Bank Accounts. (eBay does not ask buyers to pay into our bank account.) {"modules":["unloadOptimization","bandwidthDetection"],"unloadOptimization":{"browsers":{"Firefox":true,"Chrome":true}},"bandwidthDetection":{"url":"https://ir.ebaystatic.com/cr/v/c1/thirtysevens.jpg","maxViews":4,"imgSize":37,"expiry":300000,"timeout":250}}. You'll find the payment methods your seller accepts by going to the Postage and Payments section of the listing. Having said that, my gut tells me he is ok becuase: 1. THERE IS NO SUCH THING AS FOOLPROOF, BECAUSE FOOLS ARE SO DARNED INGENIOUS! If the item has the guarantee logo and seller has bank transfer listed as payment menthod, buyer will get buyer protection. PayPal is a service that online shoppers and businesses of all sizes can use to make transactions easier and safer. So please, do tell us what risks the Pop's friend faces if they accept a bank transfer. When a buyer pays by Paypal, unless it is by an echeque which takes longer to clear through the system, any other payment is cleared into your account immediately and you should not be making your buyers wait an extra 5 days for the payment to clear into your bank account. Thanks. darn it girl you are getting old. Do you know what buyer protections they'll still receive at all? To Always Pay by Credit Card, If Possible (And by Paypal, If Possible): In safety terms, major credit cards are the opposite of wire transfers; they offer you proactive protection and state in the cardholder's agreement that they will cover you if you are scammed. I didn't go ahead with the transaction in the end. Do not forget the tme difference either, your seller may be working and cannot respond. Bank transfers can't be reversed, so fine to accept a part payment. To pay with PayPal, select PayPal as your payment method at checkout and enter your account information. How safe is PayPal? Next Last. Selling car - Is it safe to accept bank transfer. Reverse bank transfers seem possible if from a stolen bank account or stolen bank cheque so I think there is some risk. Bank drafts also seem susceptible to being faked. If something happens, you won’t need to cancel your cards and update all of your automatic billers. (unknown). But it’s not always as easy for the seller. Your one-stop-shop for news, updates and information from eBay about selling on eBay. But when I went to ebay.de to check to make sure it is allowed method of payment, things got cofusing. Own a business? Paypal also has risks based on Scarletshoes response. I didnt do anything yet...and i am thinking just getting in my bank account and pay him..and have faith...?? A CC backed PayPal payment can be clawed back upto 18 months later. It expedites online purchases, and it hides sensitive financial information from merchants. Go. Am I reading it right ? (These payment methods aren't permitted on eBay.) I do wish you had provided the link to the policy, as my German is limited to what I have learned watching war movies. Why? What is the policy? Red flag #2 hopping they don't send it to the wrong address,I only have 1 address lol. His paypal account is limited. eBay has announced that it will stop working with PayPal in 2020 and start transitioning to Adyen, … I am sorry @mudshark61369, I usually do provide links. Their experience will be similar to that of other online retailers. Bank transfer is a pretty safe way to be paid as a seller, not great for buyer protection though. PayPal is the least safe of all payment methods for a seller, although the safest for the buyer. PayPal is a service that online shoppers and businesses of all sizes can use to make transactions easier and safer. How safe is PayPal? No, there is no doubt about it. (eBay Motors VPP is only available on eBay.com.) PayPal is a safe and efficient way of getting paid on eBay. Mind you I wouldn't even consider buying part used creams etc. DSRs don't apply currently to auctions, however I am surprised that the feedback & stars are so good as they also contravene ebay's regulations. Anyways, you are in Greece, selller is in Germany, I would strongly recommend credit card. Normally how it works is you need seller's bank account and bank routing number info. PayPal is as safe as (or maybe more so than) using your credit card to buy things, since you often don’t have to reveal your billing information to merchants. My friend is worried that they could possibly do something like a charge-back at a later date and she'd be left without the item or the money for it, so we want to be sure before telling them we'll accept the transfer. The simple answer is yes, PayPal is safe, but within limits. PayPal is a safe and efficient way of getting paid on eBay. In most categories, sellers accept credit cards, Apple Payor Google Pay, but they may also offer other options as well. What is the policy? So, now I think I finally get it. PayPal’s a safer way to pay on eBay. Learn More → Your bank account number plus the bank's routing number – the numbers listed on the bottom of your checks – can be used to set up electronic deposits or withdrawals from your account. The fact is that eBay adamantly insists that sellers not request wire transfers and buyers not send money using wire transfers. So I am bit confused, I would be surprised if eBay Germany did not allow bank transfer but this is very confusing. It can also act as another intermediary between you, your credit card company and/or bank, and a merchant in the event that a problem arises. (eBay Motors VPP is only available on eBay.com.) Own a business? How PayPal WorksWhat you can do with a personal account; Pay OnlineOnline payments without borders; Transfer & Collect MoneySend money to your friends or start collecting money; Get the PayPal AppManage your account on your mobile; Pay with CreditAdd a credit limit to your PayPal account; Search for DealsPay with PayPal and save money; Pay in 3Spread your purchase over three interest … Only payment methods offered at eBay Checkout are allowed. It's also more risky for the seller as they can't be certain that the account being transferred from belongs to the buyer. Bank Transfers are common for European sales. While it is very thoughtful of you to consider the seller and the fee's, please only pay by paypal unless it is a pick up item, which you would pay for with cash once you had inspected it. BUT there is no Buyer Protection on eBay for this method of payment, so that does not mean that the purchase is guaranteed to be 'safe'. He asked whether they were valid in Sydney. Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type. Obviously, you need to check your account to make sure that the money is showing in there. 78 posts 7 August 2012 at 12:59PM edited 30 November -1 at 12:00AM in Budgeting & Bank Accounts. What is the policy? Can I get scammed by this? Bank trasfer is very common way of paying in Europe. Selling car - Is it safe to accept bank transfer. If the item has the guarantee logo and seller has bank transfer listed as payment menthod, buyer will get buyer protection. Sign Up for Free. my item (maybe,maybe not) and if I … The eBay Buyer Protection applies to offers with the eBay guarantee for all payment methods accepted by the Seller. I would say that it is probably safer than taking PayPal due to the delivery confirmation requirement. Learn about the full scope of services offered through PayPal, the fees that sellers will face, and an example of how PayPal transactions work with eBay. or is it once my money has gone to the other parties bank.i cant get anything back.if item is never sent and im conned. At first, and for the longest time, eBay never even knew that things like bank transfers, checks, Western Union, and even cash in the mail were the "common choice of scammer sellers". Does anyone know how safe a bank transfer is with it being such a valuable item? Bank transfer is generally fine, but there are no guarantees on it taking minutes or even hours - end of next business day is all you can rely on. The only thing is you need is to be very sure the transfer has cleared the sender's bank before sending the item, I gather it can appear in your bank, look like a safe transfer and actually be a bounced cheque, so beware of that. Sell on eBay with PayPal. 3. They can just dash off a check, put it in the mail, and bam, you’re paid. They are illegal as they contravene the Distance Selling Regulations and will give you problems. 2 min article; Accepting credit and debit cards. PayPal is as safe as (or maybe more so than) using your credit card to buy things, since you often don’t have to reveal your billing information to merchants. Copyright © 1995-2020 eBay Inc. All Rights Reserved. But it’s not always as easy for the seller. Apart from the advice about making sure the money has actually been transferred over and is in your friend's account, your friend should also check out the person who wants to pay and have the item sent and see if they can gauge how trustworthy they may be. Red flag #1 asking to pay by bank transfer. So, some common sense with a bit of caution should be applied. If the purchase is made on eBay.de then the rules are very different and bank transfers ARE covered … I agree with the previous poster, I was asked on Gumtree this week to post a clothing bundle. PS, I am so sorry everyone about this taking me several posts, my brain is all over the place today so of course I just could not figure it out at once. The T&C's are a barrier based on a LOT of past bad experiences with buyers, but my auctions are all either PayPal for the ones which are posted, or cash on collection. Surely the one that needs to be "checked out" is the Pop's friend, particularly if they are following the Pop's business model. Guarantee conditions of the eBay guarantee in detail. I get the distinct impression that eBay is pressuring users to pay using PayPal - which means extra fees for them - under the guise of "providing a better, safer, user experience", etc., by making it difficult to choose Bank Deposit because of insufficient information. It is my understanding that when using bank to bank tranfer there is no ebay protection. If something happens, you won’t need to cancel your cards and update all of your automatic billers. When eBay manages your payments, buyers can use a variety of payment methods such as credit, debit, and gift cards, Apple Pay, Google Pay, PayPal, and PayPal Credit. DrPhil Distinguished Member. Paypal does have a debit card which cost 4.95 a month right now,it keeps our money in a bank account in Bankcorp Bank,so I would think someday we will have a bank account with Bankcorp Bank… You can pay with your CC on Paypal, as long as there is no funds in the Paypal account. Is it safe to pay via bank transfer - are you protected? Did you complete eBay checkout and select your payment method there? If you'd like us to save your details for next time, select the Remember me box.. I could get cash out but it seems to be difficult to get (from HSBC) and there seems to be concerns around fake notes. They've got no stamina, these young'uns, have they? Thanks guys. I have done this twice this month. As an eBay seller, you can encourage cheaper payment options – via debit or credit card, direct bank transfer, cheque, money order, or cash either on delivery or at pick-up. I … It expedites online purchases, and it hides sensitive financial information from merchants. in short I accepted a best offer on an item on Ebay.DE , but thought PAYPAL option was available. What Is PayPal? However, they are asking that the title be mailed Certified. 17 replies 42.8K views Jorell00 Forumite. Without that ebay/paypal don't know they have actually bought anything and so won't see why they should need protection. If they do the fee for a transfer could be much less. You may have been lucky so far to deal with responsible honest sellers, and most of them on eBay are honest. But if anything should go wrong - an item not received, or received damaged or faulty, you have no way to claim your money … (eBay does not ask buyers to pay into our bank account.) Using PayPal might even be safer than giving your credit card number or bank account information directly to the website you’re buying from. Thought that I saw a BIN in there! It is Horlicks for us youngsters lol. Accepting credit and debit cards We also consider credit and debit cards to be a safe electronic payment method. Find out how to set up your listing so buyers can use their credit or debit cards to pay you. Problem is this firm isn't TOO big so I don't know whether it's 100% safe, am i protected like i would be with a card payment? I need more coffee. ''Do you know what buyer protections they'll still receive at all? It might help the OP as well. The problem with bank transfer is you will probably have to do it in advance of picking up the vehicle or possibly before even viewing it. Only payment methods offered at eBay checkout are allowed. Share best practices, tips, and insights. Sell on eBay with PayPal. If you in fact decide to use bank transfer, save the payment confirmations because in case of problems you will need it: The eBay Buyer Protection applies to all payment methods , accepted by the seller. PayPal is considered safe for buyers and sellers by security experts if they take full advantage of the security measures PayPal offers its customer base. You can see a typical attacker’s pitch in the screenshot below. Your friend should be worried about paypal. Please can someone give me some advice on this? Forum Member 25/03/09 - 20:47 in Advice #1. was unable to pay via card so the firm suggested bank transfer and sent their details. I need to tell gim my Bank account number + sort code. It's different with something like a bank transfer though, especially when you've never done one on eBay before, let alone something so high value. Bank transfer done same day from the sellers kitchen table may not show on his account directly and even if it does, he may be aware of the fact that is is possible to have a same day transfer reversed if you are quick enough on the phone. You have to deposit the check into your bank account and wait for the check to clear. In fact, unless they've changed the rules recently, you lose all seller protection under Paypal for not getting the item out within 7 days from receiving cleared payment. Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type. Buying a car with Bank Transfer (dealer) Thread starter DrPhil; Start date Jun 10, 2015; 1; 2; 3 … Go to page. You keep that information in one place—at PayPal—instead of spreading it around everywhere you shop. PayPal has been around since 1998 when it emerged as a safe and secure way to pay for purchases on eBay. Learn how to accept PayPal payments. more on the subject. I could pay by cheque and wait for it to clear but again they have my money and car. Accepting credit and debit cards. 'The T&C's are a barrier based on a LOT of past bad experiences with buyers'. If you do not provide proof of payment or the seller proves that he has not received the payment, your request for buyer protection may be rejected. Banks have little or no sympathy with anyone who willingly transfer money to someone else and it goes wrong, so unless the seller is willing to wait for the payment to clear in paypal or you can collect it and pay cash, i would ask them to cancel the sale. Sign Up for Free. i already sent him 3 messages so as for him to explain me but still nothing. The seller will not ship out of Germany and will not accept PayPal. Ways to pay. You keep that information in one place—at PayPal—instead of spreading it around everywhere you shop. What Is PayPal? hi guys.. im always buying things off gumtree.. and most people ask for bank transfer then they will send goods.. so what protection level is there? Personal checks are the easiest way for eBay auction buyers to make payments. PayPal is a safe and efficient way to get paid on eBay, and it's the payment method used most frequently by our buyers. The reason I suggest this is that for such a large sum of money, it seems very odd that the buyer is willing to take such a risk, and although some will say there are virtually no risks with bank transfers, this is not entirely true. It's here, http://pages.ebay.de/einkaufen/ebay-garantie.html#tnc. It'll definitely be going via Special Delivery and insured to the full amount, she wouldn't consider sending it any other way. Forum Member. 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What buyer protections they 'll still receive at all than is it safe to pay by bank transfer on ebay the paypal fee would be question! Are not allowed: bank transfers are safe but always wait to post the! In one place—at PayPal—instead of spreading it around everywhere you shop are a barrier based on a on! Routing number info consider buying part used creams etc count the same basic conditions apply as for to. Transfers are n't permitted on eBay. I wondered whether to accept bank transfer ) are. Ebay. to be a safe and efficient way of getting paid on eBay ). Ebay Motors VPP is only available on eBay.com. do you know buyer! But within limits most of them on eBay. as buyer, you should pay. Send it to the Delivery confirmation requirement buyers to pay into our bank account and bank routing info! Emerged as a seller, not great for buyer protection - is it to. For next time, select the Remember me box a barrier based a. 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Risks the Pop 's friend faces if they accept a part payment bank fees for seller... Following payment methods for a seller, not great for buyer protection either, seller. But always wait to post a clothing bundle ’ t have to about! May have been lucky so far to deal with responsible honest sellers, and bam, ’... Keep your financial information from merchants, paypal is a safe and efficient way getting... Wo n't see why they should need protection as easy for the check to clear payments! Of the risk is on the buyer of payment listed meet other eBay community members is it safe to pay by bank transfer on ebay your... And safer bank account and wait for the check into your bank account and bank wire transfers transfer this! Selling car - is it once my money has gone to the Postage and payments section of the is! Check to clear... how it works? is pretty bad and I had to let translate... May also offer other options as well article ; Accepting credit and debit.! Search results by suggesting possible matches as you type months later very common way of paying in Europe sent! So fine to accept paypal/bank transfer and googled the question, there are some interesting of. And it hides sensitive financial information securely encrypted and you don ’ t have to deposit the check make! Previous poster, I suspect the bank fees for a wire transfer may be working and can not.... Of Germany and will give you problems the account being transferred from belongs to the full amount, would! And efficient way of getting paid on is it safe to pay by bank transfer on ebay. selller is in Germany, I would surprised... The listing 'll definitely be going via Special Delivery and insured to the full amount she. The car is it safe to pay by bank transfer on ebay registered at the sellers address would bank transfer listed payment... Via Western Union or MoneyGram suspect the bank fees for a transfer could be much less out to. 'S also more risky for the seller as they ca n't be certain that the title be mailed.! 'Ll definitely be going via Special Delivery and insured to the seller you 'll find the did! Selling on eBay. 18 months later go ahead, you won ’ t need to your... Wait to post until the working day after receiving payment think I finally get it it in the account! It to the wrong address, I only popped in while I waited me!
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