Hi all,

I've been using the site for a while but never used the market place.

I am considering selling some modules and have some questions regarding payment methods.

How do people usually transfer money to each other on here?

I would prefer to avoid big fees charged by eBay and Reverb, but I am also concerned about selling things 'off grid'. Is there a safe way of doing it this way?

Could any of you explain the usual way of doing business here and which methods are most at risk. Is it possible for people to reverse payments even after they have received a product?

Saying that, I imagine this is quite an honest place. Please enlighten me :)

Thanks in advance


paypal

"some of the best base-level info to remember can be found in Jim's sigfile" @Lugia

Utility modules are the dull polish that makes the shiny modules actually shine!!!

sound sources < sound modifiers < modulation sources < utilities


Cool thanks, I guess you still have to hope you get an honest person that doesn't try charge-backs via paypal but it is what it is.

If anyone has any tips to cover my back it would be appreciated


don't do friends and family if they are not friend or family - pay the fees, get the protection

"some of the best base-level info to remember can be found in Jim's sigfile" @Lugia

Utility modules are the dull polish that makes the shiny modules actually shine!!!

sound sources < sound modifiers < modulation sources < utilities


don't do friends and family if they are not friend or family - pay the fees, get the protection
-- JimHowell1970

Is the protection an additional service or part of the standard PayPal service?

Thanks


I'm pretty sure it's standard when you pay the 3% or whatever that you have to pay for non-friends and family transactions

"some of the best base-level info to remember can be found in Jim's sigfile" @Lugia

Utility modules are the dull polish that makes the shiny modules actually shine!!!

sound sources < sound modifiers < modulation sources < utilities


I'm pretty sure it's standard when you pay the 3% or whatever that you have to pay for non-friends and family transactions
-- JimHowell1970

Thanks very much for your help!


I always chuckle when I see someone say they want to receive payment by Venmo. I would never do anything except PayPal with 3% because it protects both the seller and buyer. Do those that want to be paid using Venmo send the item first and then receive payment after the buyer receives and is ok with item? I'm guessing not

JB


For calculating paypal fees I use this: https://www.salecalc.com/paypal?p=100&l=us&r=0&e=0&f=0&m=2&c=0


I always chuckle when I see someone say they want to receive payment by Venmo. I would never do anything except PayPal with 3% because it protects both the seller and buyer. Do those that want to be paid using Venmo send the item first and then receive payment after the buyer receives and is ok with item? I'm guessing not
-- jb61264

I agree that you need to act only through PayPal. The fact is that with this option there is the possibility of a refund in case of disputes, which protects the buyer, but can create problems for the seller. Just a week ago I read about top card issuing providers, I used https://dashdevs.com/blog/top-card-issuing-providers/ for this. It’s worth understanding these things if you want to work in this field. Any wrong move or wrong choice and you will remain in the red.