PayPal lets you "pay after delivery"

[Rakehellion]

Don't pay until after you receive your item. :awe:

https://www.paypal.com/webapps/mpp/pad-get-pay

What could go wrong?

 

[MustISO]

I have a feeling someone out there is about to not get a whole lot of items.

 

[SunnyD]

Reading the terms... yeah, no thanks:

If buyer selects PAD as the payment method:
- The entire transaction amount will be funded from the buyer's primary bank account linked to buyer's PayPal account, even if the buyer has a balance in their PayPal account, except where there are insufficient available funds in the primary bank account. Buyer authorizes PayPal to submit the debit to buyer's primary bank account for the amount of the transaction, and resubmit it again if the initial debit is rejected or insufficient. In the event there are insufficient available funds in buyer's primary bank account, buyer authorizes PayPal to fund the remaining amount of the transaction from any of the following sources: buyer's PayPal account, credit card, or debit card. For each payment using PAD, buyer authorizes PayPal to debit the primary bank account for the full amount of the payment 14 days after the transaction date, or sooner in accordance with buyer's instructions. PayPal will send buyer by email a reminder before the scheduled debit.

 

[John Connor]

So this pretty much fucks the seller on ebay? The seller wouldn't get payed for 15 damn days?

 

[QueBert]

So this pretty much fucks the seller on ebay? The seller wouldn't get payed for 15 damn days?

Why wouldn't they? If I buy an iPad on Newegg using Paypal. PP doesn't charge for me for 2 weeks, but no way in hell is Newegg not going to get paid instantly. I don't see how it would be any different for a seller on Ebay.

 

[slag]

I didn't read the fine print, but does the seller sign up for this, or only the buyer?

nm, just the buyer

 

[Red Squirrel]

Wow way to screw sellers. This whole idea does not even make sense, if you're buying through any retailer you pay first then get your item. As a buyer, it's just something that you are used to doing.

Now what's going to happen is there will be a flood of buyer scammers. They'll buy items but never pay for them.

 

[Rakehellion]

Reading the terms... yeah, no thanks:

Seems like it just shifts blame to the bank. If you don't pay, you're overdrawn and PayPal doesn't have to fund your scams.

 

[Rakehellion]

So this pretty much fucks the seller on ebay? The seller wouldn't get payed for 15 damn days?

The seller gets paid, the buyer doesn't pay.

 

[John Connor]

Oh. Thanks for clarifying. I sell on ebay and so does my mom. In fact she suplements her income from ebay from her baby doll clothes she sells for baby dolls.

 

[13Gigatons]

Can PayPal just admit that they are a useless scam?

 

[dawp]

I refuse to use paypal for anything.

I'm trying to sell a car and someone from the 312 area code wanted me to take paypal and arrange delivery. I ain't going to do that for a car I'm trying to sell for cash.

it just screamed scam to me, they didn't even ask what condition the car was.

 

[chimaxi83]

I refuse to use paypal for anything.

I'm trying to sell a car and someone from the 312 area code wanted me to take paypal and arrange delivery. I ain't going to do that for a car I'm trying to sell for cash.

it just screamed scam to me, they didn't even ask what condition the car was.

I'm in the 312. For a fee of a mere 50% of your selling price, I'd be happy to facilitate the sale. We will pay upon delivery. :sneaky: