Protection when we use paypal gift ?

[g_vezina_c55]

When we use Paypal Gift as a payment method, any protection for the buyer ?

Any reclamation possibilities ?

[npa589]

Short answer? No. Only use it for well established sellers and if a high dollar purchase, I recommend it be a requirement for the card(s) to be insured.

[bnorth]

No you have no protection as a buyer when using paypal gift. I am on 1 forum that will delete your account if you even ask to be paid with paypal gift because it is how scammers ask for payment to protect themselves.

It is ok with someone you know or a low end card. The fact almost everyone on this site asks for it and wants to sent $100 cards in a PWE really worried me at first till I had been on the site for a while and learned most on here could be trusted.

[HRBAKER]

Just a question, why would they offer you any protection for something you are not paying for?

[g_vezina_c55]

Thanks everyone for the reply.

[Texxxx]

Originally Posted by npa589

Short answer? No. Only use it for well established sellers and if a high dollar purchase, I recommend it be a requirement for the card(s) to be insured.

I am one that does not insure high dollar cards I sell. I self insure. I may have to pay out for a card that gets damaged or lost from time to time but in the long run I will come out way ahead money wise. I understand this is not for everyone. If I loose a $2000 card it's not going to kill me.

[frankbmd]

Originally Posted by Texxxx

I am one that does not insure high dollar cards I sell. I self insure. I may have to pay out for a card that gets damaged or lost from time to time but in the long run I will come out way ahead money wise. I understand this is not for everyone. If I loose a $2000 card it's not going to kill me.

I agree. If I had insured all the packages I have sent in the last seven years, it would have cost me at least $1000 and probably more. My total losses due to the post office or a dishonest buyer who claimed not to receive are $25. If requested, I will insure at the buyer's expense. Gifting on this forum has not posed any problems. For those uncomfortable with this, adding 3% for the buyer protection that PP offers is fine as well.

[autograf]

Do you use Delivery Confirmation then? If you don't insure and self insure, that's great but without DC or some form of it, you could be scammed without a card actually getting lost. Over a period of time, insurance does get to be very costly. I can see benefits for both ways..........

I'd also be concerned about anyone using a PWE on a $100 card. What does a padded envelope cost?

[Leon]

Paypal gift (Friends and Family) is a different product and I always know there are no protections. That is also why I don't mind taking it or giving it with most on this board, especially folks I know. This board is a bit different than most BUT WE ARE getting to be quite large. So, if you feel uncomfortable I strongly recommend using regular paypal and paying the fees. I do pay paypal fees many times because I want the protection.

[npa589]

Agreed, I have insurance through Collect Insure. It protects the collection, and added within the policy is insurance for an item on the way to its buyer, and the deductible is 150-200$.

Originally Posted by Texxxx

I am one that does not insure high dollar cards I sell. I self insure. I may have to pay out for a card that gets damaged or lost from time to time but in the long run I will come out way ahead money wise. I understand this is not for everyone. If I loose a $2000 card it's not going to kill me.