posted on May 13, 2003 05:07:27 AM new
I sold an item to a bidder in Europe. He paid by paypal.
I don't mind taking PP if he paid from his paypal balance, but I get nervous when foreign bidders pay with a CC.
How can I tell his source of funds with PP?
I check the details of the transaction and it says "type of payment ... instant"
I have no idea what that means, and it doesn't seem to indicate the source of funds.
posted on May 13, 2003 05:43:54 AM new
if you have a personal account instead of business or premier account,you can only accept paypal fund not credit card,so this is how you know,
but with a premier or business card,you dont really know.
posted on May 13, 2003 06:37:29 AM new
there is also an extra 1% discount fee for accepting foreign payment.
go figure,seller takes on more risk(no seller protection) and pay extra 1 %.
you can tell them to buy you a money order from www.bidpay.com
