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1 minute ago, Goldhooked said:

Paypal only charge 3.4% + 20p for a standard transaction that gives you full protection so even on a £1000 purchase that's only an extra £3.60.  Probably worth it for the peace of mind and full Paypal protection you get with it.

3.4% of £1000= £34 plus the 20p

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I wont be accepting Friends And family for my silver... I want everyone to feel safe. That extra £2 call it is nothing to worry too much about. That's my view.

Thank you @Goldhooked for your input.

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1 minute ago, seXes said:

Why not just do a bank transfer with transferwise or similar service?

Paypal aint no friend to the little guy.

I am looking into a lot of payment options. I want to be safe and stay away from Pay Pal if I can.

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I have been using transferwise over a year. I like their service. It only cost when you send money, low fee and good/better exchange rate.
Compare the exchange rate (I use www.XE.com)and fees.
And do you really want to support paypal, who wants to dictate what youtubers/forums can say or not.

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12 minutes ago, jonrms said:

I am looking into a lot of payment options. I want to be safe and stay away from Pay Pal if I can.

I am using Revolut with some forum members, which is a UK based program, cheaper conversion for me to the pound, and works out great!

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Thank you both, I am in the UK as MOST of you know...… LOL

But I plan on selling my poured silver as and when both in the UK and abroad to the USA.

No major advertising, I wont be a big business like BYB … heck My kids will get the profits... I will get the money back to buy more silver.

And this will be for another subject.. and when I am ready.. But How do I register to donate to a Charity apart from the online cause...… Perhaps contact a specific charity in person?

 

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yes Transfer-wise is like cost 50% less than PayPal

it is much easier to see the exchange rate and fees

when I tried to ask for bank account and full names, people in the US freak out.

but in here and down under, people are more acceptance of such information

it is not my bank account, it is the number given by the bank to me, so I have many of such numbers, if I am not happy, the numbers got changed into new ones just like credit cards numbers, they got replaced rather often

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Transferwise is a good alternative to Paypal if you're sending funds to a different country/currency.  But its no good for sending GBP to GBP, which I would imagine most of the transactions @jonrms will conduct will be, as was the problem transaction this thread was about in the first place.

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Well a partial result.  

My bank gave me £25 As a good will gesture. 

So I lost £25. Oh well. I won't cry. I hate PayPal though. Really HATE!!

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2 hours ago, jonrms said:

So I lost £25. Oh well. I won't cry. I hate PayPal though. Really HATE

I realise you'll be hurting Jon, I hate losing money too especially when it's a result of something I could have avoided.

However, let me make the case for Paypal.

I also used to hate them in the days when I sold a fair amount of stuff on ebay and you had to offer PP as the preferred paymant option. Gawd the expense.

Nowadays though I don't sell so much stuff so it's not a big issue any more so I can focus more on the flipside.

Paypal F&F is the best thing since sliced bread; it must have saved me hundreds in PP fees when buying on here and from other trusted people. Imagine what it's saved everyone on this forum in the last few years!

Also, the last few years as I have branched out and started buying more from overseas, standard PP had allowed me to send money to all corners of the earth in complete safety. Imagine doing that without the buyer's safety net that is Paypal.

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12 minutes ago, sovereignsteve said:

Also, the last few years as I have branched out and started buying more from overseas, standard PP had allowed me to send money to all corners of the earth in complete safety. Imagine doing that without the buyer's safety net that is Paypal.

Just one question, how is PayPal FF a safe way? I thought no buyer protection at all...

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22 minutes ago, FFkook said:

Just one question, how is PayPal FF a safe way? I thought no buyer protection at all...

There is no buyer protection with FF. PayPal make nothing out of it so won't get involved.

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40 minutes ago, FFkook said:

Just one question, how is PayPal FF a safe way? I thought no buyer protection at all...

I quote myself;

57 minutes ago, sovereignsteve said:

standard PP had allowed me to send money to all corners of the earth in complete safety.

 

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4 minutes ago, sovereignsteve said:

...............

 

Convenient yes, safe? No..

Don't get me wrong though, I dont mind using PayPal, but I prefer other methods with better conversions...

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14 minutes ago, FFkook said:

Convenient yes, safe? No..

Don't get me wrong though, I dont mind using PayPal, but I prefer other methods with better conversions...

why isn't standard paypal (invoice) safe?

Fx conversion rates are bad yes, but if you use a fee free credit card it helps a lot. Not as good as it used to be as PP have started charging fees for credit cards but the whole package is better than not having it at all.

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10 minutes ago, sovereignsteve said:

why isn't standard paypal (invoice) safe?

Well, it doesn't protect you any better than regular bank transfer. So how is PPFF safe. There is no insurance, all built on trust with the seller... 

So how could it possibly be safe..

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11 minutes ago, FFkook said:

Well, it doesn't protect you any better than regular bank transfer. So how is PPFF safe. There is no insurance, all built on trust with the seller... 

So how could it possibly be safe..

He’s not saying F&F is safe, he’s saying the standard PayPal service (the one you pay a fee for) is safe.

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Thank you all, I think my biggest issue is the friends and family. I have bought and paid for goods from MANY MEMBERS on here. They will agree I never had a issue. 

But leaving out 1 letter, then contacting them immediately,  which wasn't touched or seen at the time, and PayPal doing nothing about it hurts. 

My bank said despite a goodwill gesture of £25 ( half) was welcomed and unexpected.  They still advise me to contact the financial ombudsmen.  I doubt there is anything that can be done, so I accept my loss. 

I will now on ask for a invoice or money request to my email. But as far as me typing for F+ F that's gone. 

 

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F+F is not free, sometimes there are costs tgat the person sending the money has to pay. 

I typed it 3 times and I didn't notice it auto corrected but called immediately. 

No more F+F ever from me. It's not unfair to blame it. There is no recourse and a ton of risk to the person sending the money. 

When my pieces get assayed, I won't ask for F+F. I will just use normal PayPal and pay the 1.20 fee or what ever 

 

 

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