Best way to accept payment?

chipperhead · 13 Mar 2009 at 09:01

A couple of months ago I posted a video on youtube regarding a subject I would say I am an expert in.
Someone from Canada has emailed me and said they are interested in what I have to offer, I've told them it will cost $900.
What would be the most secure way for them to pay me as I can't afford for them to claim the money back which I believe they possibly can using paypal?

ColdAsIce · 13 Mar 2009 at 09:21

Send as a paypal gift? Direct bank transfer will cost them more money to send.

RSR · 13 Mar 2009 at 10:47

What about use a Bank Transfer (IBAN)?

Its probably much safer then paypal.

Andy

chipperhead · 13 Mar 2009 at 13:39

andyd said:
What about use a Bank Transfer (IBAN)?

Its probably much safer then paypal.

Andy

I'd just be wary about giving them my account number and sort code, I appreciate it is on every cheque but is it 100% safe?
Didn't Jeremy Clarkson print his account and sort code in a newspaper and someone fleece him?

iaind · 13 Mar 2009 at 13:47

chipperhead said:
I'd just be wary about giving them my account number and sort code, I appreciate it is on every cheque but is it 100% safe?
Didn't Jeremy Clarkson print his account and sort code in a newspaper and someone fleece him?

Yeh someone set up a DD to a charity from his account

Paypal is the best bet

Glaucus · 13 Mar 2009 at 13:49

Paypal Gift this can't be refunded, or bank transfer.

Glaucus · 13 Mar 2009 at 13:50

chipperhead said:
I'd just be wary about giving them my account number and sort code, I appreciate it is on every cheque but is it 100% safe?
Didn't Jeremy Clarkson print his account and sort code in a newspaper and someone fleece him?

yes this can be done, however you are 100% guaranteed and you will be refunded all money. It's part of the DD guarantee.

chipperhead · 13 Mar 2009 at 13:52

Paypal gift sounds good to me.

chipperhead · 14 Mar 2009 at 11:08

AcidHell2 said:
Paypal Gift this can't be refunded, or bank transfer.

I did this and sent him some info, today paypal has informed me that he has opened a dispute and has taken the money from my account.
Not happy.

apeZ · 14 Mar 2009 at 11:12

I would go through Bank Transfer personally, don't really trust a 'middleman' like Paypal.

Dynix · 14 Mar 2009 at 11:14

AcidHell2 said:
Paypal Gift this can't be refunded, or bank transfer.

Yes it can.

PayPal gift just waives the fees for you. That's it.

Glaucus · 14 Mar 2009 at 11:16

Xtrm2Matt said:
Yes it can.

PayPal gift just waives the fees for you. That's it.

it's a personal payment and not for goods and as such can not be disputed.

chipperhead · 14 Mar 2009 at 11:19

AcidHell2 said:
it's a personal payment and not for goods and as such can not be disputed.

The email paypal has sent me says:

A review of recent transactions indicates that you might have received a
payment that the PayPal account holder did not authorise.

Glaucus · 14 Mar 2009 at 11:20

chipperhead said:
The email paypal has sent me says:

A review of recent transactions indicates that you might have received a
payment that the PayPal account holder did not authorise.

That is not a dispute that is fraud investigation.

Dynix · 14 Mar 2009 at 11:20

AcidHell2 said:
it's a personal payment and not for goods and as such can not be disputed.

Anything can be disputed with PayPal. I have dozens of transactions a week through my account, all of which are for non-physical, virtual goods, and yet PayPal still ignore this.

But I was clearing up that the Gift option doesn't secure you against a chargeback/reversal; simply, it waives the fees.

Glaucus · 14 Mar 2009 at 11:23

Xtrm2Matt said:
.

But I was clearing up that the Gift option doesn't secure you against a chargeback/reversal; simply, it waives the fees.

that is not my understanding of it.

Dynix · 14 Mar 2009 at 11:26

AcidHell2 said:
that is not my understanding of it.

I may be wrong of course, but the way I see and have experienced it (i.e. I've had a few reversals happen on gifts) is that it only waives the fees.

Glaucus · 14 Mar 2009 at 11:28

Xtrm2Matt said:
I may be wrong of course, but the way I see and have experienced it (i.e. I've had a few reversals happen on gifts) is that it only waives the fees.

I'm pretty sure it can not be reversed for things like damaged item/didn't receive ect as it is a gift and as such is not covered by there buyer protection policy.

JAzz · 14 Mar 2009 at 11:57

Something like Western Union or Moneygram would give the guy like no protection but sending that kind of money might be a problem for him. Or maybe bank transfer but just remember to wait for the money to clear first before doing anything, happened to a friend of mine where like a week later the bank froze his account saying it was stolen money and took the money out.

Paypal would be the easiest though.

moremoney · 14 Mar 2009 at 12:12

Ask them to split the cost for extra security of your choice.
If they decline then you can assume it is a scam.
Bank Transfer is best.

Best way to accept payment?

Hitman

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