Pay Pal

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sgt tee
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Pay Pal

Postby sgt tee » Wed Sep 30, 2015

Can someone PM me or write it here why they do not take Pay Pal. When I see that in a sale I move right on and look some where else. I just was thinking there must be a reason for no PPG or PPL

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lucky43113
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Re: Pay Pal

Postby lucky43113 » Wed Sep 30, 2015

2 reason they may need the money in hand or they have been warned by pp about taking to many gift payments
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sgt tee
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Re: Pay Pal

Postby sgt tee » Wed Sep 30, 2015

OK thanks

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silverbender
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Re: Pay Pal

Postby silverbender » Wed Sep 30, 2015

200 transactions and $20,000 generates a 1099 and is reported to the IRS.
https://www.paypal.com/us/webapps/mpp/irs6050w

Disputes can lock your account,funds can be withdrawn as per a paypal decision in a case when you have no funds in your account.
When things turn bad it can get ugly quick.
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NorthernStacker
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Re: Pay Pal

Postby NorthernStacker » Wed Sep 30, 2015

Going to hijack this thread a tiny bit, so since money orders are used here in some case instead of PPG etc, how does that work? Do both parties send at the same time or does one party, ie the seller hold the shipment until he gets/cashes in the money order. It may sound stupid but I have never done a transaction with a money order before, I like the idea since there is no transaction trail through PP etc. Was just curious of proper procedure using money orders on here.
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mtforpar
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Re: Pay Pal

Postby mtforpar » Wed Sep 30, 2015

NorthernStacker wrote:Going to hijack this thread a tiny bit, so since money orders are used here in some case instead of PPG etc, how does that work? Do both parties send at the same time or does one party, ie the seller hold the shipment until he gets/cashes in the money order. It may sound stupid but I have never done a transaction with a money order before, I like the idea since there is no transaction trail through PP etc. Was just curious of proper procedure using money orders on here.


It is up to the parties in question to set the terms. In my case, I would wait for receipt of the money and then ship the goods if I were the seller but I do that on every sale regardless of payment method.
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mnymgr1
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Re: Pay Pal

Postby mnymgr1 » Wed Sep 30, 2015

with check payments, if both parties are 'established', normally payment is made first, then metal is shipped after payment is received. If you've done business with others here multiple times, I'd just say from personal experience the metal goes out the same day that payment is mailed. In most cases, the priority box will arrive at the buyers house before payment is received in a 1st class envelope.

for newer members, they should still expect to send metal or payment first
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sgt tee
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Re: Pay Pal

Postby sgt tee » Wed Sep 30, 2015

OK I understand!!!!!!!!!

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BarsandStars
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Re: Pay Pal

Postby BarsandStars » Wed Sep 30, 2015

silverbender wrote:200 transactions and $20,000 generates a 1099 and is reported to the IRS.
https://www.paypal.com/us/webapps/mpp/irs6050w

Disputes can lock your account,funds can be withdrawn as per a paypal decision in a case when you have no funds in your account.
When things turn bad it can get ugly quick.



PPG transactions are not counted in what they put on the 1099, nor towards that $20k. They only report what has been processed w/ the fee. I keep all my PPG payments separate so I can reconcile them against sales and add them to what the 1099 says. If you don't, you're not properly reporting your sales. Last year I think PP reported something like $85k in processed payments through my one account. When I added in the PPG payments it was well over $100k and that's what I reported.
Payments accepted via Paypal (no fee or add 2.9%), Check, USPS MO, or Cash (Item will ship when funds are received)

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agnostic
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Re: Pay Pal

Postby agnostic » Wed Sep 30, 2015

PayPal is a money grubbing corporation. Move right along.....
I will never use PayPal.
With all due respect :D

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Marchas45
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Re: Pay Pal

Postby Marchas45 » Wed Sep 30, 2015

agnostic wrote:PayPal is a money grubbing corporation. Move right along.....
I will never use PayPal.
With all due respect :D


"With all due respect"
Speak your mind don't you. Had me laughing out loud. Lol
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BarsandStars
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Re: Pay Pal

Postby BarsandStars » Wed Sep 30, 2015

agnostic wrote:PayPal is a money grubbing corporation. Move right along.....
I will never use PayPal.
With all due respect :D

and we thank you for your valuable contribution to this discussion :clap: :lol:
Payments accepted via Paypal (no fee or add 2.9%), Check, USPS MO, or Cash (Item will ship when funds are received)

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xippi
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Re: Pay Pal

Postby xippi » Wed Sep 30, 2015

thepmetalstacker wrote:
agnostic wrote:PayPal is a money grubbing corporation. Move right along.....
I will never use PayPal.
With all due respect :D

and we thank you for your valuable contribution to this discussion :clap: :lol:


very true
But they are good for one thing
Discounted shipping
I saved 1.21 on my last Priority shipment. :shock:
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Mr. Ed
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Re: Pay Pal

Postby Mr. Ed » Wed Sep 30, 2015

It sure makes the GB's a lot easier to manage. Had to have a couple of conversations with them after they threatened me but, we ended up on the same page and have had no issues in the last 6 or so GB's. I do understand that it is not for everyone for a variety of reasons and I respect that. Just sayin :)
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Double3
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Re: Pay Pal

Postby Double3 » Thu Oct 01, 2015

xippi wrote:
thepmetalstacker wrote:
agnostic wrote:PayPal is a money grubbing corporation. Move right along.....
I will never use PayPal.
With all due respect :D

and we thank you for your valuable contribution to this discussion :clap: :lol:


very true
But they are good for one thing
Discounted shipping
I saved 1.21 on my last Priority shipment. :shock:

You can do the same on USPS.com

but PP is good for FC shipping. :thumbup:

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silverbender
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Re: Pay Pal

Postby silverbender » Thu Oct 01, 2015

Double3 wrote:
xippi wrote:
thepmetalstacker wrote:
agnostic wrote:PayPal is a money grubbing corporation. Move right along.....
I will never use PayPal.
With all due respect :D

and we thank you for your valuable contribution to this discussion :clap: :lol:


very true
But they are good for one thing
Discounted shipping
I saved 1.21 on my last Priority shipment. :shock:

You can do the same on USPS.com

but PP is good for FC shipping. :thumbup:
There are a few methods that USPS.com will not discount that pp will. What is FC shipping?
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Shortstack McAygee
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Re: Pay Pal

Postby Shortstack McAygee » Thu Oct 01, 2015

Double3 wrote:You can do the same on USPS.com

but PP is good for FC shipping. :thumbup:


Yeah, how come I can do Priority at USPS.com, but not 1st class??

They ever going to fix that?

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Double3
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Re: Pay Pal

Postby Double3 » Thu Oct 01, 2015

silverbender wrote:
Double3 wrote:
xippi wrote:
thepmetalstacker wrote:
agnostic wrote:PayPal is a money grubbing corporation. Move right along.....
I will never use PayPal.
With all due respect :D

and we thank you for your valuable contribution to this discussion :clap: :lol:


very true
But they are good for one thing
Discounted shipping
I saved 1.21 on my last Priority shipment. :shock:

You can do the same on USPS.com

but PP is good for FC shipping. :thumbup:
There are a few methods that USPS.com will not discount that pp will. What is FC shipping?

First class.

What methods does USPS.com not discount that PP does.

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silverbender
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Re: Pay Pal

Postby silverbender » Thu Oct 01, 2015

You might have got it with first class if that is what you were saying.
I`m not sure but before I found out how to use paypal shipping when it is not linked to an Ebay sale, I could not do what I wanted at a discount so I used a recent Ebay label and changed the ship to address.
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tinbox
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Re: Pay Pal

Postby tinbox » Thu Oct 01, 2015

Mr. Ed wrote:It sure makes the GB's a lot easier to manage. Had to have a couple of conversations with them after they threatened me but, we ended up on the same page and have had no issues in the last 6 or so GB's. I do understand that it is not for everyone for a variety of reasons and I respect that. Just sayin :)


Threatened you with what? Closing your account I'd assume?


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