Is it safe to use paypal as a buyer?

P

papagate$$

Junior Member

Dec 10, 2011

116

22

• Jul 18, 2013

• #1

I'm bidding on a listing on flippa for about $3500-$4000. I asked what payment he preferred and he said paypal.

I know that the buyer for virtual goods like this has a huge advantage on paypal as they can't prove shipment.. So anyways, should I go through with paypal or insist on escrow?

Thanks

 

T

TheeAriGrande

Regular Member

Jul 14, 2013

270

154

• Jul 18, 2013

• #2

As a buyer, you're extremely safe paying via paypal (I don't think it's fair). I'm not sure why the seller chose paypal, especially for that amount of money.

Seems a little fishy to me. Either he is up to something or he's selling his first site. I would look into the sellers history, just to be safe.

 

Last edited: Jul 18, 2013

M

maverickk3

Junior Member

May 13, 2013

134

30

• Jul 18, 2013

• #3

No way paypal , except he deliver domain and content of the site firstly

 

B

bryanon

Supreme Member

Oct 16, 2009

1,343

1,520

• Jul 18, 2013

• #4

maverickk3 said:

No way paypal , except he deliver domain and content of the site firstly

Click to expand...

Exactly.

Even though a possible dispute is likely to end in your favour, PayPal can only return funds that are still present in the account so if it turns out to be a scam, you send the cash via PayPal and only later find out that you don't get the site transferred then in that time the seller can easily empty their PayPal account and there will be nothing for PP to recoup.

Above $1k always Escrow!

 

Tariq Ghazi

Junior Member

Aug 28, 2009

141

20

• Jul 19, 2013

• #5

For less amount Paypal is ok. For this much amount you can better go for Escrow. Because pay pal will return the amount which will be present in the account only. If the paypal account is empty means you can not do anything. Escrow is best for high amount.

 

W9go

Elite Member

May 16, 2011

5,841

1,308

• Jul 19, 2013

• #6

The Commissionin Paypal is quite high ...... so its strage to use it.

 

Young Gun

Newbie

Feb 1, 2013

26

1

• Jul 20, 2013

• #7

PayPal always finds the buyer in favor, they like the play favorites.

 

Z

ZeroHats

Newbie

Jul 20, 2013

26

4

• Jul 20, 2013

• #8

It should be safe, but maybe not for virtual goods.

 

O

otoni54

Newbie

Jul 7, 2013

2

0

• Jul 29, 2013

• #9

You are safe buying via paypal. When good not received you can raise complain and paypal with recover funds/ cover you up.

Check if receiver operates verified paypal account.