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Paypal Payment After Delivery

Discussion in 'Ebay' started by marusia, Jun 30, 2012.

  1. marusia

    marusia Senior Member

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    Hey Everyone,

    Last night I went to pay for a subscription service, and noticed a seemingly new feature available called "Pay After Delivery". Apparently as long as you have a good buying history and a bank account attached to your Paypal account, you can make a purchase on an item and be debited from your account 14 days after purchase without any credit applications or what not.

    I wanted to put together a little thread to combine all the info for those of us who prefer not to have to sift through several pages to find what we are looking for. :)

    To see if you have this method of payment available to you, go to make a purchase. When you get to the Payment Method, click on "change". There will be a "Payment After Delivery" if it is available to you.

    After I paid last night, this is what my transaction said:

    [​IMG]

    If you click on details, this will show at the top:

    [​IMG]

    Paypal's explanation on this:

    What is Pay After Delivery?
    Pay After Delivery gives you 14 days for your item to be delivered before you pay for your purchase. There's no cost to you - because the money is deducted from your bank account, there's no credit check and no credit card fees.
    How it works

    Click the "Enroll" button to sign up for the Pay After Delivery service ? there is no cost to you.
    Add and confirm your Bank Account so that you can take advantage of Pay After Delivery.
    PayPal will pay the seller immediately, but will not deduct the money from your bank account until 14 days later.
    We'll send you a reminder email four days before we deduct anything so you won't find any surprises.


    Terms and Conditions:


    The Pay After Delivery ("PAD") payment option allows qualifying buyers to purchase eligible items and wait up to 14 days to pay for them. The PAD payment option is only available for eligible purchases under $10,000.00 and is not available to all buyers. In order to use PAD, qualifying buyers must have a valid checking or other qualifying account at a bank which is linked to their PayPal account and identified as their primary bank account from which funding transfers may be withdrawn; if there is no valid linked bank account then PAD will not be available, even if the qualifying buyer has used PAD before. Where a buyer and item purchased are eligible for PAD, which shall be determined in PayPal's sole discretion, buyer may choose the PAD payment option at the time of purchase. Although PayPal will not impose a fee for a buyer's use of PAD, it is possible a third party, such as the financial institution holding the primary bank account, may impose a fee in connection with the payment or purchase, in addition to the amount of the transaction.

    If buyer selects PAD as the payment method:


    - The entire transaction amount will be funded from the buyer's primary bank account linked to buyer's PayPal account, even if the buyer has a balance in their PayPal account, except where there are insufficient available funds in the primary bank account. Buyer authorizes PayPal to submit the debit to buyer's primary bank account for the amount of the transaction, and resubmit it again if the initial debit is rejected or insufficient. In the event there are insufficient available funds in buyer's primary bank account, buyer authorizes PayPal to fund the remaining amount of the transaction from any of the following sources: buyer's PayPal account, credit card, or debit card. For each payment using PAD, buyer authorizes PayPal to debit the primary bank account for the full amount of the payment 14 days after the transaction date, or sooner in accordance with buyer's instructions. PayPal will send buyer by email a reminder before the scheduled debit.


    - Where buyer has qualified for and initiated a PAD transaction, PAD will be identified as buyer's preferred payment method for future eligible transactions; however, buyer may change their preferred payment method at any time for future transactions. Buyer will still need to select the PAD payment option for each qualifying payment at the time of the transaction. Buyer may select a different payment method for future transactions and change their payment method at the time the buyer makes the payment.


    - Buyer's PayPal Purchase Protection rights described in Section 13 of the User Agreement will apply to a purchase using a PAD payment option, except a buyer using PAD must file a dispute within 45 days from the date of the purchase. If buyer has a problem with their purchase buyer must follow the procedures described in Section 13 of the PayPal User Agreement. If buyer files a dispute within 14 days of making the purchase with PAD, PayPal will debit the primary bank account after the resolution process is complete and only if buyer loses. Buyer authorizes PayPal to debit their primary bank account for the full amount of the payment if buyer loses a PayPal Buyer Protection claim.


    PayPal has the right, at any time and in its sole discretion, to terminate, cancel, suspend or modify the PAD payment option, qualifications or eligibility for PAD, or any buyer's ability to use PAD.



    Source:

    Code:
    https://www.paypal.com/us/cgi-bin/webscr?cmd=xpt/Marketing/general/PADLaunch-outside

    I like the concept of being able to make purchases on short term credit, as long as you know what you are doing. I think this would be a good concept for those who know how to roll over inventory or services quickly...or possibly even outsource, as long as you are responsible.

    As far as selling, I was wondering if anyone had negative thoughts on this. I could see it opening potential issues for cheap bastards who have no intentions of paying, and just filing claims before the 14 days are up. As a seller, does anyone have concern with this?

    Sorry if it's been discussed before, it's new to me and wanted to share. *curtsy*
     
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  2. wowhaxor

    wowhaxor Executive VIP Premium Member

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    Cool feature, hate PP but I will take a look and recommend it to buyers as well.
     
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  3. boom1

    boom1 BANNED BANNED

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    looks good, pp are guaranteeing the funds which is highly unusual for them. I guess they make more money with people the "trust" as there are no cc fees

    guess this is only us for now, hopefully will be rolled out
     
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  4. marusia

    marusia Senior Member

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    I didn't know it was just US. I did know that they've had something like this in the works since 2010 and the articles I read said they are working on expanding it. Who knows, maybe it will be like other Paypal features where they are just testing and seeing if this is something they want to spread or eventually shut down.