PayPal vs BT

[watchmad]

Hi,

I’ve read the FAQ on PayPal but…

If you were selling an £5-10k watch, would you accept PayPal F & F? Is there protection for the buyer and can PayPal hold onto funds/return funds if a complaint is raised?

[blackal]

Hi,

I’ve read the FAQ on PayPal but…

If you were selling an £5-10k watch, would you accept PayPal F & F? Is there protection for the buyer and can PayPal hold onto funds/return funds if a complaint is raised?

Friends and Family - being free to use............ Of course - carries no indemnity of any sort.

[wileeeeeey]

I’ve always paid using PayPal f&f via Amex for watches on here which was great for airmiles but had a phone call from Amex a few months ago telling me if I do it again they will cancel my card. Back to bank transfer now!

[Chris_in_the_UK]

Zero protection with F&F.

[NigeG]

I’ve always paid using PayPal f&f via Amex for watches on here which was great for airmiles but had a phone call from Amex a few months ago telling me if I do it again they will cancel my card. Back to bank transfer now!

Crikey that’s a bit draconian from Amex.

I never realised that you could do that, I could have been a few thousand avios points up if I’d known


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[andy100]

I’ve always paid using PayPal f&f via Amex for watches on here which was great for airmiles but had a phone call from Amex a few months ago telling me if I do it again they will cancel my card. Back to bank transfer now!

I'm far from an expert but that sounds like it could be taken by Amex as a form of laundering? i.e. you pay your partner via Paypal F&F with your Amex to gain the air miles, then they/you still have the full money + air miles.

Happy to be corrected if I'm wrong though on that.

I sometimes use my Mastercard to pay for things via Paypal but don't think I can use it for F&F transactions, only Goods & Services (i.e. buying from eBay or online shops who offer Paypal as an option).

[xellos99]

Paypal on this forum, your having a laugh

[watchlovr]

Zero protection with F&F.

Yes, as a buyer, no issues as a seller.

[lewie]

£5- £10k I’d maybe want to collect it -

[Boss13]

I’ve always paid using PayPal f&f via Amex for watches on here which was great for airmiles but had a phone call from Amex a few months ago telling me if I do it again they will cancel my card. Back to bank transfer now!

That is a signal that you are buying too many watches!

[Foxmod]

I'd want to collect

[Wallasey Runner]

I closed both my PayPal and e-bay accounts earlier this year, don’t miss either. Debit card when buying off dealers, BT for private.

[Chris_in_the_UK]

Yes, as a buyer, no issues as a seller.

Except that under the 'friends and family' system it's not intended for buying or selling.

[kace]

I'm far from an expert but that sounds like it could be taken by Amex as a form of laundering? i.e. you pay your partner via Paypal F&F with your Amex to gain the air miles, then they/you still have the full money + air miles.

Happy to be corrected if I'm wrong though on that.

I sometimes use my Mastercard to pay for things via Paypal but don't think I can use it for F&F transactions, only Goods & Services (i.e. buying from eBay or online shops who offer Paypal as an option).

They're probably viewing it as taking cash advances without paying interest.

[JPCain86]

I was ripped off with someone who paid using F&F. They did a chargeback months later and I lost the money.

[Essexman]

Yes, as a buyer, no issues as a seller.

Unfortunately not true. Buyer can fund PayPal via credit card and later do a charge back, thus screwing the seller as they used friends and family, with no PayPal protection.

[stefmcd]

Unfortunately not true. Buyer can fund PayPal via credit card and later do a charge back, thus screwing the seller as they used friends and family, with no PayPal protection.

Wow, that's news to me. Thanks.

[andy100]

I was ripped off with someone who paid using F&F. They did a chargeback months later and I lost the money.

Unfortunately not true. Buyer can fund PayPal via credit card and later do a charge back, thus screwing the seller as they used friends and family, with no PayPal protection.

I wasn't aware of chargebacks via F&F either, so thanks for the heads-up!