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PayPal's APM (Alternative Payment Methods) Policy

Paypal has emailed to say it's introducing new policy on Alternative Payment Methods. It's a long message, with lots of info on possible chargebacks and refunds for which I'd be responsible (the policy's principally aimed at sellers). TBH I don't really understand it & cannot find any explanation which doesn't simply revert back to the T&Cs (which the email contained). 
I'm a very small time seller (mostly house de-cluttering stuff + patterns for the aprons I make); most months I don't sell anything, & almost all my sales are <£20. 
But I'm worried about the implications of the new policy. What do others think about it?

Comments

  • Spoonie_Turtle
    Spoonie_Turtle Posts: 10,675 Forumite
    10,000 Posts Sixth Anniversary Name Dropper
    On which platform do you sell?
  • soolin
    soolin Posts: 74,522 Ambassador
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    soobell said:
    Paypal has emailed to say it's introducing new policy on Alternative Payment Methods. It's a long message, with lots of info on possible chargebacks and refunds for which I'd be responsible (the policy's principally aimed at sellers). TBH I don't really understand it & cannot find any explanation which doesn't simply revert back to the T&Cs (which the email contained). 
    I'm a very small time seller (mostly house de-cluttering stuff + patterns for the aprons I make); most months I don't sell anything, & almost all my sales are <£20. 
    But I'm worried about the implications of the new policy. What do others think about it?
    I'm being lazy and haven't started to try and decipher these new rules yet, I will get round to doing it later at some point. I sell so little privately now that I'm not going to worry about it until I actually start using paypal in any great numbers - I'm mainly concentrating on Vinted /ebay at the moment so no need to be concerned.


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