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Safe payment method
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dwpn00b
Posts: 53 Forumite
If you're selling online i.e. shpock or gumtree, what's the safest payments method? Bank transfer or cash? If someone came with cash, not sure I can spot new fake notes.
Can someone reverse a bank transfer?
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Comments
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If selling face to face then cash is best , just learn what a fake note looks like. Bank transfers can’t be reversed but it becomes difficult to use bank transfer for collection, do they pay first and trust you to have given them the right address and described the item correctly, or do you trust them to collect and pay later? it makes things far too complicated .I’m a Forum Ambassador and I support the Forum Team on the eBay, Auctions, Car Boot & Jumble Sales, Boost Your Income, Praise, Vents & Warnings, Overseas Holidays & Travel Planning , UK Holidays, Days Out & Entertainments boards. If you need any help on these boards, do let me know.. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.All views are my own and not the official line of MoneySavingExpert.0
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With new notes where would one even look? So bank transfer would be they are outside your house, they pay with app and you hand over item.soolin said:If selling face to face then cash is best , just learn what a fake note looks like. Bank transfers can’t be reversed but it becomes difficult to use bank transfer for collection, do they pay first and trust you to have given them the right address and described the item correctly, or do you trust them to collect and pay later? it makes things far too complicated .0
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