yz2428:
you can still pay the F&F with credit card - you do pay that 3-4% fee. in that case, you can easily take it up with the CC company in case anything happens. in reality, the seller has the higher risk.
i recently bought something off of IG and the guy wanted to argue about F&F being safer for them. it’s simply not true unless the buyer pays directly from the bank, in which case your funds are withdrawn and there is no recourse in most cases - however, i’ve heard some banks can still get the funds back somehow.
ultimately, the only safe way is via direct bankwire or cashier’s check. i believe really large transactions here are done that way.
That’s tremendously helpful. Really appreciate that!!
yz2428:
you can still pay the F&F with credit card - you do pay that 3-4% fee. in that case, you can easily take it up with the CC company in case anything happens. in reality, the seller has the higher risk.
i recently bought something off of IG and the guy wanted to argue about F&F being safer for them. it’s simply not true unless the buyer pays directly from the bank, in which case your funds are withdrawn and there is no recourse in most cases - however, i’ve heard some banks can still get the funds back somehow.
ultimately, the only safe way is via direct bankwire or cashier’s check. i believe really large transactions here are done that way.
Essentially, this passes the cost of the transaction to the buyer / from the seller for the same coverages. I totally get it.
yz2428:
you can still pay the F&F with credit card - you do pay that 3-4% fee. in that case, you can easily take it up with the CC company in case anything happens. in reality, the seller has the higher risk.
i recently bought something off of IG and the guy wanted to argue about F&F being safer for them. it’s simply not true unless the buyer pays directly from the bank, in which case your funds are withdrawn and there is no recourse in most cases - however, i’ve heard some banks can still get the funds back somehow.
ultimately, the only safe way is via direct bankwire or cashier’s check. i believe really large transactions here are done that way.
why would someone pay 3-4% when they could pay 2.9% for g&s and have both protection services?
Scam buyers can take advantage of buyer protection whether they pay through eBay or PayPal g+s so from a seller’s perspective I would rather sell in E4 for the same price as I would on eBay.
Not to mention that I trust people on E4 more than the average eBay buyer