Paypal vs Credit Card

MatsyLR

MatsyLR

MatsyLR

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Thought I would put this here.
First time Credit Card user here (credit score), set up via direct debit to pay of everymonth, will never not pay.
Searching around online gives you various different answers that don't say very much, contradict each other or flat out refuse to give an answer.

Paypal has certain protection that is based on there own policy's.
Credit Cards have certain protection (for purchases between £100 and £30,000) based on law.

Questions is:
Link Credit Card to Paypal, buy something with the Credit Card details through Paypal, do you have Paypal protection, or Credit Card protection? (no balance in Paypal account, using Card details only)
Is it best when spending over £100 to buy directly through Credit Card if the above answer is Paypal protection only.
Is there any reason to not use Credit Card via Paypal for purchases under £100?

Thank you :)
 
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If you buy for example a CPU through a paypal account linked to a credit card my understanding is PayPal pay for the cpu and you then give PayPal the funds required for the purchase they made on your behalf. If you bought the cpu directly with your credit card then you bought the cpu so get the normal credit card protection. If you use PayPal I think this means you don’t get credit card protection for the seller of the cpu as you effectively did not buy it from them , PayPal did.

This could be very wrong and someone else may know better.
 
Thanks for the quick answer DarkHorizon.
That's one of the answers I've seen online but I've also seen the complete opposite or even you have both protection.
I asked my bank and they couldn't even answer it :/
 
CircleFaust said:
thanks, looks like it's 3.4% + 20p ,
Click to expand...

Remember eBay charges 10% commission on top of the 3.4%! You have to pick your battles. Sometimes it's better to sell on CEX or Music Magpie. You won't get as much, but they pay for your shipping and there's no commission. Plus, you get more protection i.e. you won't have a buyer pulling a fast one on you by claiming it's faulty then they switch devices and return a faulty one to you that wasn't yours. Even if you have tonnes of evidence, eBay always sides with the buyer. Except for the one time I filed against a seller (item not received) and they sided with the seller :rolleyes:
 
Pawnless Endgame said:
Remember eBay charges 10% commission on top of the 3.4%! You have to pick your battles. Sometimes it's better to sell on CEX or Music Magpie. You won't get as much, but they pay for your shipping and there's no commission. Plus, you get more protection i.e. you won't have a buyer pulling a fast one on you by claiming it's faulty then they switch devices and return a faulty one to you that wasn't yours. Even if you have tonnes of evidence, eBay always sides with the buyer. Except for the one time I filed against a seller (item not received) and they sided with the seller :rolleyes:
Click to expand...

yes cheers, it's some hifi equipment so CEX would be out. trying to figure how much i need to charge to make back all the selling fees!
i'm thinking of only accepting bids from people with 10 or more positive feedback or something. will definitely be getting it signed and insured when shipping too
 
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