[vintagetoppsguy]

There have been a few dealers come forth saying they accept PP at shows. This is just as easy for a buyer to dispute as a credit card charge. If a dealer accepts PP at a show, there is no proof that the merchandise actually exchanged hands. With an eBay order or online order, there is delivery (or signature) confirmation that shows the buyer received the item. In person, at a show, there is no proof that the buyer received the item. All they have to do is file a dispute with PayPal and say they never received it and there is actually no proof that they did. PP F&F is even easier to dispute. All they have to say is that they sent it to the wrong person. If you're a dealer and choose to ignore this, then that's on you. That said, I wouldn't worry about smaller purchases, but I would never take PP or CC at a show for a $6K card.

For buyers that can't understand why some dealers don't take CCs, PP, or other forms of payment, a charge back is a huge hit on a $6K purchase. For the dealer that operates on a 10% profit margin, he has to sell $60K worth of inventory just to break even on that loss. If he operates on a 20% profit margin, he has to sell $30K. And so on, but hopefully you get the point. Why would a dealer make themselves vulnerable like that? Makes no sense. It’s easier just to not take those forms of payment. Are the dealers going to lose some sales? Absolutely. But there will always, always, always be another buyer right behind the other one that’s willing to pay cash.

If you still can't understand it, think of it this way. If you were to lose your wallet, would you rather it contain $6K cash, or a credit card with a $6K available credit limit? Of course you would say the credit card, right? Why? Because you wouldn't be responsible for any fraudulent charges. You would just dispute them. On the other hand if you lose a wallet with $6K cash, you'll likely never see that again. If you understand this simple concept, then how in the world can you blame a dealer for not accepting a $6K credit card charge and leave himself vulnerable to a charge back?