Sale agreed outside ebay, what's the safest way to receive money?

hamperman

If it's cash make sure they are not 50 pound notes. Paypal is the safest route usually. I made that mistake by doing Bank Transfer and got burnt.

soolin

hamperman wrote: »

If it's cash make sure they are not 50 pound notes. Paypal is the safest route usually. I made that mistake by doing Bank Transfer and got burnt.

Really? You would prefer PayPal on an item rather than good hard cash or a nice safe bank transfer?

Are you on the right thread?

RFW

hamperman wrote: »

If it's cash make sure they are not 50 pound notes. Paypal is the safest route usually. I made that mistake by doing Bank Transfer and got burnt.

I'll take my chances with £50 and £100 notes over Paypal any day. I can check a note when the buyer is in front of me. There's naff all I can do if the buyer claims he's not received the item if I accept Paypal.

Paypal is very safe for a buyer, it's a minefield for a seller.

hermum

staples sell the counterfeit note pens for £3.49, by asking the buyer to gift you the money they have no security.
Personally if I was buying something I wouldn't gift PP the money or bank transfer, I would be thinking that you were a dodgy seller, especially if I had asked to pay cash on collection & you were insisting I paid another way before I collected the goods.

giantmutantbroccoli

If you really don't want to take cash for whatever reason, get them to do a bank transfer. The safest way to do that (and best if you plan to do this more than once) is to have a separate account just for that - don't give them the details of your personal account. A bank transfer cannot be reversed as easily as a PayPal payment, and the bank will deal with any fraudulent currency. They might not be happy to pay by transfer though, as they don't have the option to get their money back if you don't show up or the goods aren't as described.
Cash is still the best option for both parties.
PayPal, however you do it, is a terrible idea for a collection item. In order to stay safe with PayPal (or any card payment method) you need to know that the person buying the item is the person who owns the PayPal account or card. Usually you can just make sure that you only send the purchased item out to the address on the card or PayPal account, but if they're collecting there's no way for you to know what address they're coming from - there's no way, in short, for you to know that they own the account or card that they're paying with. Is it theirs? Is it their mum's? Did they buy it off a criminal forum? Did they stumble across it on a library computer after the previous user failed to log out?

Lomast

RFW wrote: »

I'll take my chances with £50 and £100 notes over Paypal any day.

Unless you are in Scotland i would not touch a £100 note i had one once and even the bank were saying there was no such thing till they phoned head office and finally allowed me to pay it in

martindow

hamperman wrote: »

I made that mistake by doing Bank Transfer and got burnt.

As a seller how can you get burnt with a bank transfer? For a buyer of course there is a considerable risk.

Obviously_the_best

Bank transfer or cash in hand are usually the best ways. Cash in hand is better, and money tester pens cost £2ish down Staples if you really don't trust the person. Bank accounts can be used fraudulently, just as any other electronic payment method.