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Old 08-16-2014, 03:09 PM   #1 (permalink)
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Default Paypal "Pay After Delivery" Feautre? Could actually help a lot...

Just got an email from paypal about a new feature called "Pay after delivery". Basically someone buys something from you and selects that option and Paypal will actually send you the money on their behalf and then once the buyer receives the money Paypal will take the money from their bank account within 14 days. This could help tremendously with NPB but could hurt Paypal if they have to deal with half the stuff eBay sellers have to deal with... Thoughts?
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Old 08-16-2014, 03:16 PM   #2 (permalink)
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Seems easily abused I buy an item select that option then go close my bank account once the item is sent. Or issue a stop payment on it. Don't see how it would help with non-payers.

Hope there is a way for sellers to block this.
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Old 08-16-2014, 03:17 PM   #3 (permalink)
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I buy an item $300 and leave $10 in my bank account..see any issues?
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Old 08-16-2014, 03:27 PM   #4 (permalink)
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will actually make it easier for scammers since they will not even have to pay.

1 - "buy" a card
2 - seller ships
3 - "buyer" claims not as described, sends back fake, keeps original
4 - no need to wait for a refund since no payment was made
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Old 08-16-2014, 03:29 PM   #5 (permalink)
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Default

Quote:
Originally Posted by shrevecity View Post
Seems easily abused I buy an item select that option then go close my bank account once the item is sent. Or issue a stop payment on it. Don't see how it would help with non-payers.

Hope there is a way for sellers to block this.
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Originally Posted by Srt42004n View Post
I buy an item $300 and leave $10 in my bank account..see any issues?
Then Paypal will be coming after you with legal force...
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Old 08-16-2014, 03:32 PM   #6 (permalink)
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Quote:
Originally Posted by glen87 View Post
will actually make it easier for scammers since they will not even have to pay.

1 - "buy" a card
2 - seller ships
3 - "buyer" claims not as described, sends back fake, keeps original
4 - no need to wait for a refund since no payment was made
You're correct but nothing will be perfect. I was more looking at this from the viewpoint of the buyers who need a few days to pay because they're waiting for funds to hit their account but now they can buy it, pay instantly, and pay once the money hits their account and the seller gets instant payment.
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Old 08-16-2014, 03:32 PM   #7 (permalink)
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I think it's been around for a while - I've used it a couple of times, seems like it became an option around two years ago.
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Old 08-16-2014, 03:32 PM   #8 (permalink)
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I think it's been around for a while - I've used it a couple of times, seems like it became an option around two years ago.
Oh.... Well nevermind guess I'm just behind lol.
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Old 08-16-2014, 03:33 PM   #9 (permalink)
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Quote:
Originally Posted by Swipe79 View Post
I think it's been around for a while - I've used it a couple of times, seems like it became an option around two years ago.
have not noticed it either.
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Old 08-16-2014, 03:35 PM   #10 (permalink)
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Could have been a beta test thing or limited to certain users only. Now they are rolling it out to everyone. I always pay for auctions, so maybe they figured I was a safe bet for testing it out.

Quote:
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Oh.... Well nevermind guess I'm just behind lol.
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Old 08-16-2014, 03:40 PM   #11 (permalink)
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Then Paypal will be coming after you with legal force...
No they will just not pay the seller or at most send the buyer to collections. If a buyer needs a few extra days to pay what is so hard about contacting the seller. Most sellers will work with buyers who contact them.
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Old 08-16-2014, 03:42 PM   #12 (permalink)
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Sounds great....if you're a scammer
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Old 08-16-2014, 03:47 PM   #13 (permalink)
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Another horrible idea from the world's biggest fake bank.
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Old 08-16-2014, 03:55 PM   #14 (permalink)
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Another horrible idea from the world's biggest fake bank.
Fake bank? I do not believe they even attempt to pretend to be a bank.
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Old 08-16-2014, 04:21 PM   #15 (permalink)
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I've had that option as a buyer from quite some time now. I don't know all the details but it pulls the payment directly from whatever account you have linked. I guess if you don't have an account or credit card linked then you can't use it or you will just be going into the negative. As a seller you won't notice anything different and it's all going to be on paypal's end and it is better than an echeck since you get paid right away.

I guess there may be the downsides as listed that I never thought about if they are possible. There is a 2 week difference from when you pay to when pp takes the funds.

Buying, I've had items not delivered to me by the time the payment was taken out. Selling, I have no clue how many people are using it.

people are going to scam no matter what payment option they use.
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Old 08-16-2014, 07:41 PM   #16 (permalink)
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Knowing Paypal, there will be no risk to them. If a buyer finds some way to not pay, closes the bank account, etc., than Paypal will just take the money back from the seller.
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Old 08-16-2014, 08:09 PM   #17 (permalink)
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yea it's been around for a while and its going to be the death of me lol
i just used it to get my Galaxy S5 repaired.. wasnt going to have the money until next week but now i have two weeks to get it
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