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?
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!
Zero protection with F&F.
When you look long into an abyss, the abyss looks long into you.........
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).
Paypal on this forum, your having a laugh
£5- £10k I’d maybe want to collect it -
I'd want to collect
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.
I was ripped off with someone who paid using F&F. They did a chargeback months later and I lost the money.