Forum Feedback Suggestion of a Policy to tighten Market Security

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madnav

madnav

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Since Paypal has made changes to it's policy an now withdrawals can take place automatically to user's registered a/c ..

can we start promoting use of paypal as a standard wherever two parties are not completely confident of each other?

registering with paypal is easy and so is linking account and PAN details.

although PAN approval is taking forever :P
 
Good idea for newbies / for people who are less confident.

But

-How to set up Paypal ? & link it ?

-What are paypal charges ?

-And why not ebay.in ?
 
how does paypal compare regarding ebay.in?

i mean wrt to charges and disputes? how easy is it to get your money back if you get a brick instead of a mobile phone?

is there any paypal guarantee like ebay gives upto 10k if we use their system?
 
There are 3 scenarios here.

1) Newbie seller dealing with Oldie buyer - Buyer pays 60% upfront and rest 40% either after getting a tracking number or receiving and testing product

2) Oldie seller dealing with Newbie buyer - Buyer pays 80% upfront (Or even 100% depending on the seller) and rest after the product is shipped.

3) Newbie seller dealing with Newbie buyer - Buyer pays 100% upfront. If required, a market mod can monitor the sale.

I guess the above seems just about right.
 
PayPal isn't a good idea because of conversion charges, and the fact that their customer service is pathetic.

eBay is the lesser evil. However, high brokerage charges would spoil the deal for a lot of folks, unless there are coupons to compensate for them.
 
Can PP be used for domestic transaction? AFAIK - you can't. Don't know if it has been changed recently. IMO that's the reason ebay.in doesn't use PP.
 
I wouldn't recommend using Paypal.

Firstly, Paypal keeps changing its policies for India and we dunno what they would do in the future.

Also, Paypal has its own share of horrible stories.
 
If you are going to use a third party and pay fees to them then what the harm in using ebay? You get a larger no of prospective buyers too.
 
archat68 said:
If you are going to use a third party and pay fees to them then what the harm in using ebay? You get a larger no of prospective buyers too.
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apart from using ebay, if users require any other way of securing their payment then this is suggested.

better than direct payment is what im saying WHEN both buyer and seller have doubts.

or we can always make condolence threads in market section when something happens where the buyer has no control over the sale.
 
There was a long discussion sometime ago regarding payments and market section

I remember that many had suggested a representative or middle man from TE itself for the better of the buyer and seller - i still agree with that rather than using paypal
 
madnav said:
Since Paypal has made changes to it's policy an now withdrawals can take place automatically to user's registered a/c ..
can we start promoting use of paypal as a standard wherever two parties are not completely confident of each other?

registering with paypal is easy and so is linking account and PAN details.

although PAN approval is taking forever :P
Click to expand...

I don't understand how it help to less trusted buyer or seller when the money you pay automatically deposited in to SELLERS ACCOUNT, how it is different than Net Payment or direct bank deposit?
 
i agree with swatikrj a representative or middle man from TE someone who has been here for a longtime and is trustworthy atleast for new buyers and seller as it will help them a lot in dealing without worying of being cheated
 
hhhclihh said:
i agree with swatikrj a representative or middle man from TE someone who has been here for a longtime and is trustworthy atleast for new buyers and seller as it will help them a lot in dealing without worying of being cheated
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It is a responsibility, a liability; and no one would want to take the risk.

itwares had offered to take the initiative for a small percentage as charges which was fine but that did not go through. If something like this can be in place as an option for those who want to then that can be somewhat assuring.

TE as a body need not endorse or take up responsibility, only suggest so like it suggests ebay.

Many would offer the service IF TE allows so. we wont need paypal or ebay in that case.

The escrow may or maynot take advice from members about releasing funds in case of a dispute. Legally he/she can not leave the decision upto members IF he is running this as a service legally.
 
I would advise the members that when you're in doubt - don't go for the deal.

Else take the ebay route if possible. Or for newer members ask for address and id proof of the seller when you're the buyer. When you're selling try to document your sell as much as possible. Make your terms and conditions clear to the buyer. Put as many pictures as possible highlighting any defects. Use insurance while shipping so that both of you are protected in case of any damage during transit.
 
archat68 said:
Can PP be used for domestic transaction? AFAIK - you can't. Don't know if it has been changed recently. IMO that's the reason ebay.in doesn't use PP.
Click to expand...
True, PP can't be used for domestic transactions! At least this is the case up to last week and i've forced to create one more paypal(US based) and paid indian paypal user :P
 
100% payments should only be made if you trust the seller. Else, you negotiate with the seller on part payment or payment post receipt of items.

In any case, not dealing if in doubt is the best option. :)

Setting up a middleman at TE is impractical. People end up losing stuff in the courier even, that doesn't mean that we start a TE Courier service!! :P
 
^ exactly.

setting up a middleman is not practical.

those without i trust or dealing for the first time may ask for acquaintance among in TE similar to market feedback.
 
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