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A few questions about Paypal

Discussion in 'Market Discussion' started by TR_BE, Apr 7, 2012.

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  1. TR_BE

    TR_BE Newcomer

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    A few questions about Paypal
    Hi,

    I am planning on selling a large amount of rsgp via Paypal. I've read the stickies but some questions remain. I've never done a Paypal trade before.

    - What's Paypal's cut? If, for example, we agree that he will buy 1000$ worth of rsgp from me, how much will be left after I received it and transferred it to my bank account?

    - How long after I traded the rsgp can I expect to see the money on my Paypal account? (assuming the buyer transferred immediately after rsgp trade)

    - For how long can the buyer charge back his money after I received the payment?

    - Once the money is on my Paypal account, can I immediately transfer it to my bank account? Can the buyer charge back his money if it is already transferred to my bank account?
     
    TR_BE, Apr 7, 2012
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  2. Kevster

    Kevster Forum Addict
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    A few questions about Paypal
    If they gift it I'm pretty sure theres no fee at all.
    Instant
    45 days
    It takes 2-5 days.
    I highly suggest only trading with highly trusted users.
     
    Kevster, Apr 7, 2012
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  3. termo555

    termo555 Active Member

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    A few questions about Paypal
    Paypal is pretty rigged. Don't even try working with it if you never used it and it's unverified. Your funds might get frozen & tons of other shit can happen. Just sell your GP to trusted traders for WU/LR/MB.
     
    termo555, Apr 7, 2012
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  4. TR_BE

    TR_BE Newcomer

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    A few questions about Paypal
    WU is alot safer? What is their cut?
     
    TR_BE, Apr 7, 2012
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  5. Killswitch

    Killswitch We will fall to rise again
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    A few questions about Paypal
    - What's Paypal's cut? If, for example, we agree that he will buy 1000$ worth of rsgp from me, how much will be left after I received it and transferred it to my bank account?
    If the buyer sends the money as a gift there will be no fees charged, however the only exception is when paypal has to convert the currency (for example euros to usd) - I don't know how much would be deducted.

    - How long after I traded the rsgp can I expect to see the money on my Paypal account? (assuming the buyer transferred immediately after rsgp trade)
    3-5 business days if it was sent via bank transfer, instant if sent via paypal balance

    - For how long can the buyer charge back his money after I received the payment?
    45 days

    - Once the money is on my Paypal account, can I immediately transfer it to my bank account? Can the buyer charge back his money if it is already transferred to my bank account?
    You can transfer it immediately, however if the buyer charges back your paypal will be in negative balance.

    ^ This being said I recommend that you sell your gold to EXTREMELY trusted members or staff only from this forum.
     
    Killswitch, Apr 7, 2012
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