[Closed] PAY PAL??? Whenever I see on the auction that a seller will ONLY accept Pay Pal, I wonder

And guys like 'me' - ( won't use Paypal because I don't trust it.

So, it's disappointing to see something for sale 'only by Paypal'. that I'm interested in bidding on.
A 'huge' turnoff.
Oh, well.

George, you were a banker if I remember correctly ...

the only variable you are not factoring is time.
Time is money. Cashiers Check and Money Orders waste time and create inefficiency, whether this is waiting for the check to arrive, breaking the workflow, or extra time dealing with buyers. Sellers like: sell, get paid, ship, leave feedback, done, deal with issues when they arise. I am a seller, that's what I like.
I am a small volume seller on eBay and I accept all methods of payments, but I don't remember ever being paid by a check or money order. I think these methods of payment are rare these days (D4C is different). As a buyer PayPal is blessing for me, I pay with variety of credit cards, checking accounts, it is safer than credit card, and I can use it on my cell phone.

I have no problem with PayPal. I use it quite a bit. Mine is attached to my American Express card, so the fund transfer is instant for the purchase and I can track my spending through my American Express statement.

I don't bid on items where they only take money orders or cashier's checks. As posted above, time is money and the inherent hassle of running up to the bank or post office to get that done is a waste of time.

Again, to each his own.

+1

Agreed.

The hassle of getting a money order,waiting for ir to be received and cashed,waiting for all that before a seller can ship.....just too much of a problem.
Same with selling an item.I have to go to the bank and deposit it,or cash it at the post office. Paypal is quicker,and it is safe.

I'm disabled and can't drive...

...It's extremely difficult for me to go to the bank. PayPal is a life saver for me. And then there is the time factor.

When I see a seller that only accepts Pay Pal...

...I keep on looking. I do not have a Pay Pal account, nor do I want one. Another turn off for me is that a lot of sellers want to add a 3% or so surcharge (I'm assuming to cover their costs) to the total of the sale price of the model they are selling when accepting Pay Pal. This is just my opinion/thoughts.

eBay forces you to only accept PayPal if you want to get any discounts.

I hate it, but have to play the game.

If you use United States Postal M.O. there is a cost to them and most all private Money Orders. I use Pay Pal along with all other means of payment which work for me. Pay Pal charges 3% for their services (Mostly fair in my opinion) Pay Pal as well as e-bay insure I get my item or my money back. That is important when you are dealing with a stranger, nuff said there! It does take time to go purchase a Money Order also and can be a P. I. A. if there is a line especially if the person in front of you is Old, doesn't understand she can't tell the clerk her family history and also drops her purse several times trying to get that one penny in the bottom of same purse. My apology to the gender if a lady is reading.

At the post office you pay for a money order but not at a bank you do business with. And there is no charge for a cashiers check at a bank either, if you have a good relationship with them.

With regard to Pay Pal, I do not want an account opened up to have it and for the record, I once did order and used Pay Pal and I never got what was ordered.

As for the waiting for a check to clear, that is no more.

In my opinion, the safest payment is a cashiers check or money order. To each their own though.

my points exactly Brian.

LOL, Ronald Casella...you make the process sound like you have to pass a kidney stone.

I've now had several transactions with sellers and all have been completed with in a week (or so) and it has NOT been a hassle to mail a check and wait for my car.

I don't trust those new-fangled checks/MOs or the Post Office. I pay cash and send it Pony Express!

Chav...to each their own. I will NOT use Pay Pal and if that is the only method of payment a seller will accept, I just pass his car on the auction by.

Cashier's checks and Money Orders are not obsolete and they are safe and guaranteed.

You speak of the "time" factor, well in every car auction I've bid on and won, the entire time for the transaction to be complete has never went beyond a week. That is certainly reasonable to me.