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Old 03-17-2007, 02:54 PM
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Default Paypal....protection for sellers?

Posted By: jay behrens

If you really feel the need to take Paypal as a seller then you need to do 2 things:

1: Open up a new checking account dedicated to Paypal. When you get moey in your Paypal account, drain into your new checking account.

2: Open up a new savings account or use your existing checking account. When you get money in your new checking account, IMMEDIATELY transfer the money out of the new checking account. This will keep PayPal from getting access to it.

If you are a buyer, PayPal is great. If you are a seller, it sucks royal arse. I convience of getting paid right away isn't worth the nightmare you set yourself up for. It's not like we sell impulse purchase items. Our little carboard babies are something that people plan to buy and set aside money for them. Paypal is only good for catching impulse buys and there are so few in our segment of the hobby.

Jay

I love pinatas. You get to beat the crap of something and get rewarded with candy.

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