As a newer seller, what are payment methods I can safely accept?

Discussion in 'Sythe.org Support' started by Chemist, Oct 13, 2022.

As a newer seller, what are payment methods I can safely accept?
  1. Unread #21 - Oct 14, 2022 at 5:31 PM
  2. Sound
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    As a newer seller, what are payment methods I can safely accept?

    Re-read your own top quote.
    Re-read it six more times.
    Re-read it eleven more times until it sinks into your head.

    Unless you can afford to lose the money, do not accept paypal.
    It's literally gambling with that money, except zero upside to you.
     
  3. Unread #22 - Oct 14, 2022 at 5:32 PM
  4. Chemist
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    As a newer seller, what are payment methods I can safely accept?

    I understand I'm being excessive with the questions but I'd like to get it right. I'm sure you were in my place at one point, y'know?
     
  5. Unread #23 - Oct 14, 2022 at 5:32 PM
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    As a newer seller, what are payment methods I can safely accept?

    The amount of risk you're willing to take is entirely up to you of course.
    i'm not saying you will get chargebacks, i'm also not saying you're going to be safe.

    especially new traders are targeted by sketch shit
     
  7. Unread #24 - Oct 14, 2022 at 5:33 PM
  8. Chemist
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    As a newer seller, what are payment methods I can safely accept?

    Also, I do really appreciate you bigger guys putting in the time to help me out.
     
  9. Unread #25 - Oct 14, 2022 at 5:33 PM
  10. Sound
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    As a newer seller, what are payment methods I can safely accept?

    I was, and then I lost $600 to paypal and learned my lesson. I'm trying to help you.
    Stop trying to make it work, unless you can afford to lose the money. You're literally putting yourself at risk for zero gain. Have buyers use Crypto, if they can't, move onto the next customer who can.
     
  11. Unread #26 - Oct 14, 2022 at 5:34 PM
  12. Chemist
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    As a newer seller, what are payment methods I can safely accept?

    So you're saying JUST crypto? Not even CashApp balance only?
     
  13. Unread #27 - Oct 14, 2022 at 5:37 PM
  14. Sound
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    As a newer seller, what are payment methods I can safely accept?

    @Jacky is easily one of the biggest gold dealers on Sythe (and likely one of the largest period, not just on Sythe), he only uses Crypto. If he can be one of the largest sellers using only Crypto, there's no reason you should even consider PayPal.
    The only reasons the big boys accept other payment types, is they charge a reasonable amount more to use those payment methods as a means of covering for the losses they'll inevitably get. Not to mention they have security practices such as ID verification.
     
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  15. Unread #28 - Oct 17, 2022 at 6:04 PM
  16. MAGZ
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    MAGZ Nothing has to go here tbh.

    As a newer seller, what are payment methods I can safely accept?

    As Sound has made it pretty clear.. PayPal is reversible.

    Some people take bank transfers and payments through Zelle (which is pretty much also a bank transfer).

    Crypto is probably your best bet because you have confirmation of funds being received that can’t be social engineered. However, you’ll have to account for you loss when selling crypto and buying crypto so you can properly sell your product at the price that works for you best.
     
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