[ForSale-Swap] paypal

doc kd4e at verizon.net
Wed Jul 7 21:27:25 EDT 2004


fkamp at comcast.net wrote:
> Well, it is sortof, kinda on topic.  Has to do with payment for an item
> forsale.
> 
> Also, I figure you guys would have a good handle on any service like
> paypal.
> 
> Do you use paypal?  If so what are the risks and benefits.  I am not
> interested in a sales pitch, just real experiences.
> 
> The reason I ask is that I am getting offers to pay using paypal even
> though I make it clear that it is not an accepted form of payment.
> 
> Of course if the buyer has a pal who stops by and pays in cash, he can
> take the item with him when he leaves.  My pals won't do that for me.  I
> doubt anyone else has pals like that either.
> 
> Regards,
> Frank Kamp

I use it for smaller amounts as it is handy to have for small
purchases online.

I had trouble in the past extracting my money from PayPal and
they have an absurdly long hold on deposits -- way longer than
an electronic transfer takes so I have to believe they are
profitting from the interest gathered -- same as the banks.
(I think NY and some other states legislated limits on the
bank holds years ago.)

Yes, I'd use it for small stuff, no I would not for costly
items.

IMHO, YMMV ... 73, doc kd4e



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