Suprised how few sponsors accept Paypal

I think Paypal is catching on more and more. May take a while before it is (or if it ever is) as common as credit cards. There are some retail stores around here now that take it, so it does seem to be slowly gaining ground. Credit cards didn't rise up overnight either, took many years for them to become as popular as they are today.

maybe they do not understand paypal.

 

I sold some trains to another club member and they email me the payment through paypal.  at first I did not understand, but after seeing it work it is really easy.

Having consulted to several retail businesses the issue with them was simply one of the cost. They were able to negotiate better deals (lower cost fees) with their credit card companies.

 

jackson

As a very small business we do take Paypal. I feel that it just makes our customers transactions that much easier. We live in an age where removing as much friction so to speak from the buying process is essential. That being said, we do have a somewhat exclusive market and in a general retail setting where margins are everything I can see resistance to loosing an additional percent or two to Paypal. 

Most brick and mortar stores can get a slightly better credit card rate through their bank.

 

The other issue is Paypal has different charge back rules which has more to do with a store NOT taking PP as payment. Many do not want to deal with it......it would be my reason if I had a store.  

This one is tough.  I work for a small business so I understand cost.  We do not accept Amex for this reason.  But, none of our business is conducted on the internet.  

As a buyer, I have grown to appreciate the service that PayPal provides.  It makes me feel a little safer shopping online and I tend to focus on retailers who accept.  

I certainly prefer to use Paypal. A lot easier to use while online.

This is really my only tangible grip with PP - you have to agree to their remediation.  I prefer my credit card company's remediation - fix it or "f" you    But I do use PP rather frequently as a buyer, and I have NEVER had a single issue with it.  I won't tie my main bank accounts to it - I have a separate account that I keep pretty thin.  But it's not the den of thieves some make it out to be, and it is pretty much the de-facto standard for eBay these days.   I don't wire cash to anyone, and with technology being what it is, a $150 printer can forge one heck of a money order.   If you don't take CC and you don't take PP...

 

...Buh-bye 

Also, the seller has less recourse with PayPal, or so it seems.

Paypal is more secure,  I wish more Forum sponsors used it.

 

On a side note i just watch a story in the news talking about Apple pay and what a threat it is to Paypal.  Anyone take apple pay yet?

I prefer to use the credit card method of payment because I get 2 for 1 on miles.

Mikey

I support PayPal 

Credit cards are MY choice of payment. Do not use the bay and never will - do not like auctions!

     I also like Paypal, and only one time I had to use the warranty program. This was with an ebay purchase. I purchased a Silver King Cornet, for $1400.00. The seller said that the horn had never been re-lacquered. If a horn has been re-lacquered incorrectly, it will always be hard to keep the sound in tune.

     The resolution process at Paypal, only took about three weeks. I faxed them 3 letters about this issue. From a High School Band Director, Music Shop & a Musician. I received a full refund.

     Paypal does work, never had an issue with train purchase.

• Cheers from Michigan

I use my Delta Skymiles debit card for almost 100% of my purchases no matter how small.  I love to fly and am able to go 1st class in many instances.  It's also nice not to have any credit card bills at the end of the month. 

I like to use PayPal  make purchases from smaller companies that might not have the best security on their web sites or computer systems. The idea is to minimize the risk of my credit card information stolen. Paranoid? If you say so.
All else being equal, I will choose a small business that takes PayPal over one that only takes credit cards. And I will pay a little bit more.

Nassau Hobby Center accepts PayPal.

And the seller gets charged a stiff fee.

Train Electrics also accepts PayPal.

 

Neil

That is part of doing business.

 

Art

 

Apple pay you need to be able to use your phone and a card machine or via an app that supports Apple Pay. so it will not work online unless it's via an App that supports Apple Pay. There is no way at this time to enter the info yourself. besides you are just using it as a digital wallet for existing cards.

It is fine by me.  I am not a fan of Paypal.  

Gary, Paypal covered me when I bought a very expensive guitar that was mis represented in the ad as in perfect condition.  Needless to say, it was far from it.  I received a full refund as well.  I don't take paypal for my business though, due to the nature of the business.  But if I had a hobby shop, it would sure make things easier because their statements are awesome.

Gromet is right, we take Paypal, Visa, Amex, Mastercard, Discover and Debit cards too.

 

 

We make it easy to spend your money!

Not required to use the Bay for PayPal.... I have made several purchases and a BIG sale out side of any auction with PP. I understand why traditional vendors shun the method though. They have traditionally set the terms for purchase of their products. But, if they want to stay in business then they need to progress with the times. In a short amount of time paper checks will go the way of computer punch cards, rotary phones, cassette tapes, and VHS. Credit cards are fine but do not offer the same degree of fraud protection as PayPal. 

PayPal costs more for the seller.  It will just make the train prices higher.

Simply put, if a supplier doesn't have PayPal, they don't have my business. Plenty of competitors DO offer it.

When I first looked at it, it seemed highly invasive, and wanted a lot of your personal

information loaded on the net.  Sony and DOD can't protect from hackers.....I refused.

I have been blocked out of some auctions, had friends who have it do the bidding,

and had a couple of auctions canceled because seller refused anything but PP.  That

is just too bad, because my security takes priority over their convenience.  The Bay

tried to impose that on everybody, which just naturally meant I was going to avoid

it like death. They can stuff it.

I agree! And I can tell you that certain OGR sponsors lost some sales from me, due to not having PayPal.

I use PP a lot, but I have to admit, I was very reluctant to tie it to my primary bank account.  It just seems too easy for them to "accidentally" drain my bank account!   My solution was to set up a separate bank account that is tied to the PayPal account, that makes me feel a bit better. 

 

I agree that for a seller, PP isn't such a hot deal, and I can understand folks not accepting it. 

Although they are not a forum sponsor, M.B. Klein -- one of the best train dealers in the country -- accepts Paypal.

 

Luckily for my wife and I .... there's always very little in our checking account. As soon as a direct deposit hits ... automatic payments occurs. We're basically broke.

 

Anyway, I also conduct a lot of toy train business with Paypal .. selling stuff to be able to buy stuff. I use the Paypal debit mastercard to utilize my Paypal balance at businesses that don't accept Paypal.

I have asked both Alan Arnold and M.B. Klein about this...not sure what the deal is.

They seem to be thriving, are really really nice folks, reliable, great inventory..i could go on and on..oh yeah they accept paypal!

 

That is the one draw back with PayPal, and I admit to having issues where they took money from my account to cover a purchase instead of using Pay Pal Credit or one of my CCs.

In fact, once you add a bank account, it is very hard to remove if you have many transactions....because even when no pending are shown, PP always seems to claim there is pending items, when there is not, and thus you cannot delete that bank account until they clear.

I have never given Paypal my Checking information.  Once they offered "Bill me Later/

Paypal credit", I went with that.  I just get a bill once a month and pay it off.

 Ive been active w Ebay and Paypal since 1999 w next to no problems, were mostly model train related items. 

 I presently accept Papal, check or money orders for my bridge products. Id say about 40 percent of my customers use Paypal.

 

jim r

I use Paypal. 99.9 % of the time because it's ebay and seller only takes PP.

But Paypal has done some GREAT marketing.

And for buyers there is very little negative.

Sell a lot and you will soon find Paypal is a blessing and a curse.

And Paypal offers little more protection than your CC issuer does....they just market much better.

Be educated if you sell ANYTHING via Paypal.

Perhaps its safer when compared to someone stealing credit card info. However, there's a catch to the Paypal "safety". I bought some trains from a forum member here and paid with Paypal. The guy never shipped the trains and never replied to my emails asking about them. He simply vanished. I filed a claim with Paypal, and he never replied to them either. Paypal sided with me, BUT couldn't refund a dime to me because he had spent my money from his paypal account and there was no balance left. Until he puts money in his paypal account, I have a fun reminder near the top of the screen that he owes me $115.00, but a slim chance I'll be able to collect. I know he's still alive, attends a train club near his house, and I even found him on facebook. The bottom line is that People can be cheated on Paypal too, and it may not be all its cracked up to be if push comes to shove.

 

Sam

Sam, you have to know who you're buying from, that's pretty universal.

Exactly what I have done for not only Paypal but for all on-line buying, isolated from all of my other banking accounts.  For a while, I also managed to have my Paypal account linked to a CC issued from a bank that I had no account at as well.

 

There are ways to insulate and protect yourself, but it takes effort.