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Collecting payment for a horse through PayPal


SpaceCowboy Reg. Feb 2013	Posted 2015-12-09 8:06 PM Subject: Collecting payment for a horse through PayPal
Veteran Posts: 276	Anyone have experience with this? Anything to look out for?
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Pocob Reg. Oct 2003	Posted 2015-12-09 8:08 PM Subject: RE: Collecting payment for a horse through PayPal
Professional Amateur Posts: 6750 Location: Oklahoma	I have an actual merchant account and accept credit cards for down payments and purchases of horses. I do not use PayPal, but when accepting credit cards it does take a few days for the actual payment to post to my account, even though the credit card transaction has gone through. I'm sure others on here have accepted payments through PayPal.
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cheryl makofka Reg. Jan 2011	Posted 2015-12-09 8:10 PM Subject: RE: Collecting payment for a horse through PayPal
The Advice Guru Posts: 6419	SpaceCowboy - 2015-12-09 8:06 PM Anyone have experience with this? Anything to look out for? A lot of the scammers use Paypal. I wouldn't use it Get them to wire transfer the money
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euchee Reg. Oct 2003	Posted 2015-12-09 8:12 PM Subject: RE: Collecting payment for a horse through PayPal
Lived to tell about it and will never do it again Posts: 5409	I have never used pay pal but have heard about people getting their merchandise then disputing and getting a refund from pay pal. If this is the case you would be out a horse and money.
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komet. Reg. Jun 2012	Posted 2015-12-09 8:14 PM Subject: RE: Collecting payment for a horse through PayPal
Expert Posts: 4121 Location: SE Louisiana	Of all the legitimate ways to transfer funds, PP would be at the bottom of my list. Edited by komet. 2015-12-09 8:18 PM
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SpaceCowboy Reg. Feb 2013	Posted 2015-12-09 8:35 PM Subject: RE: Collecting payment for a horse through PayPal
Veteran Posts: 276	Thank you all, I didn't know if I was being just too old fashioned.
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wishes4kissez Reg. Jan 2011	Posted 2015-12-09 9:49 PM Subject: RE: Collecting payment for a horse through PayPal
Expert Posts: 1261	I have used it once on a horse we sold out of state. It was just a broodmare and the funds came through before the horse shipper showed up so it worked out but they do take a percentage.
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ThreeCorners Reg. Nov 2003	Posted 2015-12-10 7:24 AM Subject: RE: Collecting payment for a horse through PayPal
Tried and True Posts: 21185 Location: Where I am happiest	Pay Pal takes a percentage. You would be better off doing a bank to bank transfere.
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hoofs_in_motion Reg. Apr 2011	Posted 2015-12-10 7:47 AM Subject: RE: Collecting payment for a horse through PayPal
Undercover Amish Mafia Member Posts: 9992 Location: Kansas	euchee - 2015-12-09 8:12 PM I have never used pay pal but have heard about people getting their merchandise then disputing and getting a refund from pay pal. If this is the case you would be out a horse and money. yep I'd be afraid of that
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gypsy1997 Reg. Feb 2007	Posted 2015-12-10 5:47 PM Subject: RE: Collecting payment for a horse through PayPal
Expert Posts: 3104 Location: Arkansas	We just sold a pony this week and did the WalMart money transfer. Super easy. She sent it and I went and picked it up from WM about 15 min later-cash in hand.
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rebel racing Reg. Nov 2009	Posted 2015-12-10 6:48 PM Subject: RE: Collecting payment for a horse through PayPal
Veteran Posts: 100 Location: Oklahoma	I built most of My S10 threw PayPal & always payed the 3% over on transactions because I felt if You did the Gift option they could Scam Ya!!! Other than than Ive never had a problem with em... Ive bought over 10k in products but never a horse threw PayPal... If You dont feel right about it do a Bank transfer or Money Gram/ Western Union... Ive done Money Orders on a few Old Guys that werent into newer technology LoL That worked good also...
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