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> Credit Card Companies Now charging CASH ADVANCE Transaction Fees on F&F Payments? !
euro911
post Jun 11 2020, 05:40 PM
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Well, apparently the CC company I have associated with my paypal account has decided to charge CASH ADVANCE transaction fees when sending funds to 'Friends & Family' via paypal (IMG:style_emoticons/default/blink.gif)

In reviewing my current statement. I noticed they charged me a $10. transaction fee on a $31. purchase from another local World member (IMG:style_emoticons/default/screwy.gif)

From now on, I'll add in the 3% fee the seller bears when accepting a paypal payment (up to a break-even point), instead of the using the 'F&F' method.
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rhodyguy
post Jun 12 2020, 07:02 AM
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Cheating a company out of a pethetic few dollars by skirting the rules while buying or selling to what is actually a stranger, NOT a true family member nor a true friend, is cheap and stupid. You're selling your word, bond and honor for cheap. One makes a liar of themselves EVERY time they engage in the behavior
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larryM
post Jun 27 2020, 04:04 PM
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cheating goes 2 ways - the huge problem with paypal is that a buyer might decide to file a "not as described" "didn't like it" or other ruse case upon which the paypal "investigation" always results in the money being taken back from seller, AND/ OR they might also file a case with their credit card in which case the card takes the money back from paypal & paypal take it back from you - this can be done up to 6 months after the item delivered iirc (ask me how i know this)


and too often your item & your costs to ship is gone forever - too many fraud "buyers" out there


we all tend believe everyone on a forum is an honest & honorable fellow; but the realities of electronic commerce are proving otherwise - and we really don't know that hail fellow whose handle appears on our pages do we?

some of us have been victimized by the scammmers working our forums which only adds to the paranoia (, but i learned from that)




QUOTE(rhodyguy @ Jun 12 2020, 06:02 AM) *

Cheating a company out of a pethetic few dollars by skirting the rules while buying or selling to what is actually a stranger, NOT a true family member nor a true friend, is cheap and stupid. You're selling your word, bond and honor for cheap. One makes a liar of themselves EVERY time they engage in the behavior
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euro911   Credit Card Companies Now charging CASH ADVANCE Transaction Fees on F&F Payments? !   Jun 11 2020, 05:40 PM
mepstein   I either send from my pp balance or my debit card ...   Jun 11 2020, 05:50 PM
GregAmy   PayPal has always charged a fee if you F&F wit...   Jun 11 2020, 06:20 PM
euro911   Nope ... been sending paypal 'F&F' pay...   Jun 11 2020, 06:55 PM
GregAmy   It's clear the issue is with your credit card ...   Jun 11 2020, 07:43 PM
911GT2   And this is coming from someone that is decisivel...   Jun 12 2020, 04:07 AM
euro911   Of course it's the CC company that's impos...   Jun 11 2020, 09:34 PM
914werke   And this is coming from someone that is decisively...   Jun 11 2020, 10:08 PM
rhodyguy   Cheating a company out of a pethetic few dollars b...   Jun 12 2020, 07:02 AM
euro911   Cheating a company out of a pethetic few dollars b...   Jun 12 2020, 09:54 AM
larryM   cheating goes 2 ways - the huge problem with paypa...   Jun 27 2020, 04:04 PM
Mikey914   I don't have a problem sending to friends, and...   Jun 12 2020, 07:40 AM
76-914   And if there is a problem with the part ordered yo...   Jun 12 2020, 01:54 PM
euro911   Egads guys - apparently comprehension skills have ...   Jun 12 2020, 11:09 PM
euro911   Well, I called the CC company (BofA) to find out w...   Jun 18 2020, 04:41 PM
rhodyguy   That's terrible. Is the card the only biz you ...   Jun 18 2020, 05:10 PM
euro911   It WAS. They're history now :stooges:   Jun 18 2020, 09:17 PM
euro911   UPDATE (To paraphrase Joe Biden: ... So here...   Aug 26 2020, 03:33 PM
mepstein   I’m not sure how all this has worked out for you...   Aug 26 2020, 03:55 PM
euro911   Did you miss the part where I mentioned that I was...   Aug 26 2020, 04:31 PM


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