Using Player Auctions for Trading on Sythe
Many of you have been posting questions regarding the website, http://PlayerAuctions.com. The purpose of this thread is to explain what it is, hopefully to put your questions at rest. It is set up in the form of a FAQ series. Hopefully this short guide will clear up any confusions about trading using PA.
NOTE: This will eventually be stickied. I plan on making or finding similar guides for all of the other payment methods and assimilating one sticky to avoid clutter.
1 - What is Player Auctions?
Player Auctions is a website that is similar to eBay and other online trading sites. You register an account and have the option of placing a for sale offer of online goods or buying online goods from someone else's offers. After a trade is completed, the players submit feedback for each other to keep track of the professionalism and trustworthiness of both parties.
It is very easy to set up your own PA account. See RsProd's guide on how to do so.
2 - Why is it so great?
Most customers of PA use their service because they offer charge back protection for payments involving PayPal. The vast majority of Sythe members use PayPal for trades, but it is often considered a very dangerous payment method for untrusted traders. (See this thread for reasons why.)
Additionally, PA is its own middleman system. When a buyer places an order, the payment is placed on hold until the trade is completed and each person confirms the trade. Additionally, the funds are held for up to a week before disbursement to give the buyer more time to dispute the charge if something goes wrong. This means that it is safe for both sellers (by avoiding chargebacks) and buyers (by avoiding scams).
3 - Okay, so what is the catch?
The biggest problem people have with Player Auctions are their fees. The sellers have to take the fees, which are upwards of 10-15% of the total value of the trade, so it is particularly distasteful for those who use it for selling. However, this is bad for buyers, too: sellers have to make a profit, so prices are often higher than they would be here on Sythe.
Another problem is that Player Auctions requests personal information from all members in order to ensure that it avoids fraud as best as possible. All people who deal with more than $200 (or are sending $100 in a single transaction) have to submit additional information about themselves, and even fax/scan a copy of their ID card in extreme cases. This strict verification process causes problems for people who are wary of their information being out in the Internet, but it can also be a problem because legitimate traders will have their payment denied because it seems to fishy. If the payment is denied, the refund process can take several days.
4 - Can I give/receive a vouch for a PA trade?
We do allow members to vouch for eachother in a PA trade, as long as the person receiving the vouch has a selling thread here on Sythe. In any instance where PayPal vouches are accepted, PA vouches are also accepted.
Many of you have been posting questions regarding the website, http://PlayerAuctions.com. The purpose of this thread is to explain what it is, hopefully to put your questions at rest. It is set up in the form of a FAQ series. Hopefully this short guide will clear up any confusions about trading using PA.
NOTE: This will eventually be stickied. I plan on making or finding similar guides for all of the other payment methods and assimilating one sticky to avoid clutter.
1 - What is Player Auctions?
Player Auctions is a website that is similar to eBay and other online trading sites. You register an account and have the option of placing a for sale offer of online goods or buying online goods from someone else's offers. After a trade is completed, the players submit feedback for each other to keep track of the professionalism and trustworthiness of both parties.
It is very easy to set up your own PA account. See RsProd's guide on how to do so.
2 - Why is it so great?
Most customers of PA use their service because they offer charge back protection for payments involving PayPal. The vast majority of Sythe members use PayPal for trades, but it is often considered a very dangerous payment method for untrusted traders. (See this thread for reasons why.)
Additionally, PA is its own middleman system. When a buyer places an order, the payment is placed on hold until the trade is completed and each person confirms the trade. Additionally, the funds are held for up to a week before disbursement to give the buyer more time to dispute the charge if something goes wrong. This means that it is safe for both sellers (by avoiding chargebacks) and buyers (by avoiding scams).
3 - Okay, so what is the catch?
The biggest problem people have with Player Auctions are their fees. The sellers have to take the fees, which are upwards of 10-15% of the total value of the trade, so it is particularly distasteful for those who use it for selling. However, this is bad for buyers, too: sellers have to make a profit, so prices are often higher than they would be here on Sythe.
Another problem is that Player Auctions requests personal information from all members in order to ensure that it avoids fraud as best as possible. All people who deal with more than $200 (or are sending $100 in a single transaction) have to submit additional information about themselves, and even fax/scan a copy of their ID card in extreme cases. This strict verification process causes problems for people who are wary of their information being out in the Internet, but it can also be a problem because legitimate traders will have their payment denied because it seems to fishy. If the payment is denied, the refund process can take several days.
4 - Can I give/receive a vouch for a PA trade?
We do allow members to vouch for eachother in a PA trade, as long as the person receiving the vouch has a selling thread here on Sythe. In any instance where PayPal vouches are accepted, PA vouches are also accepted.
