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A Paypal Offer - Is This Secure?

Hi All,

I am selling a CAT amplifier and have a paypal offer from a buyer who has very little feedback (only one transaction) and does not speak english well and communicates only small bits of information at a time. I am nervous about this. I spoke with paypal and they told me that as long as:

1) I am selling something of substance
2) I ship to the paypal address, no other address
3) I can document the shipping of the product

I am protected as a seller. If this is true, I should be able to accept his offer and make sure that I am shipping to the address listed in paypal, and I should be fine shipping pilot air insured (with tracking and all, including photos of packing, etc). What do you guys think? Is this too much of a risk, or not really a risk at all?
peter_s

Showing 3 responses by peter_s

peter_s OP
1,319 posts
 
Guys - I thought bank transfers were reversable. Am I wrong about that? If they are reversable, they are less secure than paypal... I will ask my banker about this...

Peter
peter_s OP
1,319 posts
 
I am still thinking about selling this guy my $5000 amplifier via paypal. It would be shipped to his paypal certified address. I would do all the necessary documentation. Paypal says that they process disputes within 10 days of registering a dispute. I would document with paperwork and pictures.

Muzicat - did you fight back against the claim? Did you have any opportunity to? If a buyer were trying to scam me, paypal would do no good, as he would have to send the item back, and it is a very big and heavy item. Not worth his time and effort for absolutely no profit. The only time I would get burned is via buyers remorse - and how would the buyer prove their false claim that the amplifier isn't working?

Thanks, Peter
peter_s OP
1,319 posts
 
Thanks all for your input. Ultimately, I decided not to go with Paypal and convinced the buyer to pay with a wire transfer. Once he realized it was the only way I'd be willing to sell it to him (given the vagueries of the deal and lack of conformity with typical procedures), he stepped forward for wire transfer and all went OK.
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