posted on December 1, 2002 05:39:37 AM new
Maybe this has been asked before but I was not able to find it. Has anyone used the PayPal money back guarantee in thier ebay auctions and what do you think about it.
Thanks
posted on December 1, 2002 07:09:03 AM new
From what I understand, if you've been selected to participate, you're using it now. You have to physically go into Paypal to turn it off. I think it's a great idea. Doesn't cost us, the sellers, anything. Returns are done strictly through Paypal and we won't be affected. At least that's how I understand it. If anyone knows different, please enlighten me. Of course, Paypal makes more money off of it because it's not free to the buyer. It's a good idea especially if you are selling high-end items. Instead of the merchandise coming back to the seller and the seller having to issue money back, it's all on Paypal. Sounds good to me. I just hope Paypal knows what they've gotten themselves into.
posted on December 1, 2002 07:37:57 AM new
One other thing, the buyer can only use it 3 times in a year.
But if you are a highend low volume buyer, paypal could be eating some merchandise. After all, I have a broken Hummel and win the auction for my replacement, I pay for the guarantee, tell paypal it arrived broke and send them my broken one and get my money back. All I actually paid was the paypal fee for the guarantee. SWEET!
(Just thinking out loud)
Ain't Life Grand...
