Risk in taking a PayPal gift as payment ?

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mike boss:
Hmmm......... well I can see if his info matches that of the email, etc.
And I will tell the buyer I'd like to see ID upon pick up, and I will record his license plate.
It's only $175... but still !!!!!

JDFan:
Just googled and came up with this : ( http://forums.watchuseek.com/f2/beware-paypal-gift-chargeback-fraud-will-defraud-sellers-784828.html )

--- Quote ---Exclamation BEWARE paypal GIFT chargeback fraud that will defraud SELLERS

Many of you know that sending paypal GIFT payments offer little to no buyer protection.

HOWEVER, there is a loophole where paypal gift can be used to defraud THE SELLER.

I hesitate to share this info, but I think people should know and protect themselves.

Here's the scenario:

The seller asks for the funds to be paid as GIFT, thinking this offers protection for the seller.
The buyer sends a paypal gift using a credit card by clicking on the pay the associated paypal fees option. (I am paraphrasing the exact option here.)
The recipient of the payment (seller) receives the GIFT payment and the full amount shows up in their account as a gift.
Everything looks okay so the seller ships the watch.
Days or weeks later, the fraudster buyer will issue a chargeback with their credit card company by claiming that their credit card was stolen, etc. The lies are easy.
Credit card company will issue a chargeback, and in response, Paypal will hold the associated funds--which are now in the seller's account.
Because this was a GIFT transaction, as far as Paypal is concerned, there was no sale or exchange of goods.
Because there was no sale, the seller cannot use shipment confirmation to argue a legitimate transaction. Evidence of shipment means nothing when there was no official exchange of goods.*
Seller's funds are held/retracted and buyer gets a free watch.

LESSON: DO NOT ACCEPT PAYPAL "GIFT" PAYMENTS IF YOU ARE A SELLER.

*NOTE: If the PayPal transaction occurred using the "item or service" option, then the seller can at least try to fight chargeback fraud by submitting proof of shipping and/or delivery.

--- End quote ---

:dunno

If he's picking them up and it's only $175 why not just make it cash ?

mike boss:
WOW!!!!!

Ok, perhaps I'll just wait til the guy comes CASH in HAND!
I run the risk he will flake, but such in life with Kijiji.
I'd rather run that risk then give away the monitors for free.
Thank you

nitrogen_widget:

--- Quote from: mike boss on March 24, 2015, 11:13:16 am ---WOW!!!!!

Ok, perhaps I'll just wait til the guy comes CASH in HAND!
I run the risk he will flake, but such in life with Kijiji.
I'd rather run that risk then give away the monitors for free.
Thank you

--- End quote ---

My brother will give people a window.
If they don't make that window the next person to show up with cash in hand walks away with whatever he is selling & everyone else is forgotten.
He doesn't have time for people that are "on their way" that never show up or 2 hrs late.

Malenko:
I dont think an inaccurate post from 2013 should be taken as the gospel. If you arent comfortable taking it as a gift, take it as a regular payment and eat the fees, or have him pay cash.

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