Safe payment method

edited 12 January 2021 at 7:07PM in Ebay, auctions, car boot & jumble sales
3 replies 85 views
dwpn00bdwpn00b Forumite
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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?

Replies

  • soolinsoolin Forumite, Ambassador
    69.4K Posts
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
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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 .
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  • dwpn00bdwpn00b Forumite
    47 Posts
    Part of the Furniture 10 Posts Combo Breaker
    Forumite
    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 .
    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.
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