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Bidder want to pay by Paypal Installments

Sam_Fallow
Sam_Fallow Posts: 923 Forumite
Part of the Furniture 500 Posts Combo Breaker
in Ebay, auctions, car boot sales, post & parcels
We have an interesting item listed on eBay that is attracting worldwide attention and the auction runs until Sunday. There is one bidder based in Russia that has 100% feedback and is asking if we will accept instalments via Paypal.

I suggested the new Paypal Credit option but they didn't seem interested in that. Is it possible to create a Paypal payment plan without a Premium or Business account?

Or should I just politely say no?

Any advice or experiences would be gratefully appreciated.
I don't like morning people. Or mornings. Or people.
«13

Comments

  • bxboards
    bxboards Posts: 1,711 Forumite
    Just block them. Don't even engage with them.

    Technical reason: Paypal seller protection only applies when items are paid for in full in one payment.

    Don't even be polite, don't engage, someone is trying to scam you.
  • mrcol1000
    mrcol1000 Posts: 4,799 Forumite
    Part of the Furniture 1,000 Posts
    As above. If there is that much interest, losing one buyer is not going to change the selling price
  • Sam_Fallow
    Sam_Fallow Posts: 923 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Thanks for the replies, they agree with my initial reaction but I didn't want to deny what may be a genuine bidder.

    I have seen ways of generating a payment plan through Paypal but have never done anything like this before and wondered if it was a possible solution.

    I think I'll go with the replies given. Thank you.
    I don't like morning people. Or mornings. Or people.
  • theonlywayisup
    theonlywayisup Posts: 16,032 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    bxboards wrote: »
    Just block them. Don't even engage with them.

    Technical reason: Paypal seller protection only applies when items are paid for in full in one payment.

    Don't even be polite, don't engage, someone is trying to scam you.

    Just as an aside, paying in instalments doesn't give the buyer any protection either.

    To the OP, we have recurring payments from a couple of customers who buy ongoing stock of items. Might you be able to set something up that way?
  • ballisticbrian
    ballisticbrian Posts: 4,005 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    To the OP, we have recurring payments from a couple of customers who buy ongoing stock of items. Might you be able to set something up that way?


    You're not really in the same boat as the OP though are you.
    Warning: any unnecessary disclaimers appearing under my posts do not bear any connection with reality, either intended, accidental or otherwise. Your statutory rights are not affected.
  • shaun_from_Africa
    shaun_from_Africa Posts: 12,858 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    theonlywayisup wrote: »
    Just as an aside, paying in instalments doesn't give the buyer any protection either.


    The buyer would lose their Paypal protection but if their Paypal account was funded with a credit card then they would still have the option to attempt a chargeback via their card issuer.
  • forgotmyname
    forgotmyname Posts: 33,075 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Can the buyer cancel the recurring payment?
    Censorship Reigns Supreme in Troll City...

  • pinkshoes
    pinkshoes Posts: 20,675 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Why not let them pay in CASH installments, and you will send it once the final installment is paid?
    Should've = Should HAVE (not 'of')
    Would've = Would HAVE (not 'of')

    No, I am not perfect, but yes I do judge people on their use of basic English language. If you didn't know the above, then learn it! (If English is your second language, then you are forgiven!)
  • theonlywayisup
    theonlywayisup Posts: 16,032 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    ballisticbrian wrote: »
    You're not really in the same boat as the OP though are you.

    I didn't say I was, so I am not sure what your comment actually means?
  • theonlywayisup
    theonlywayisup Posts: 16,032 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    shaun_from_Africa wrote: »
    The buyer would lose their Paypal protection but if their Paypal account was funded with a credit card then they would still have the option to attempt a chargeback via their card issuer.

    Most if not all (these days) card issuers revoke any sort of protection when paying by a third party merchant such as Paypal.
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