alterego Posted July 5, 2015 Report Share Posted July 5, 2015 Hello. I'm purchasing watch from a forum member and he asked me to send the funds as "gift." I have no clue about this and I'd be thankful if somebody would comment or PM me about how to do it. Thank you Link to comment Share on other sites More sharing options...
jpz5142 Posted July 5, 2015 Report Share Posted July 5, 2015 When sending funds as gift select for family and friends vs payment for goods or services. Just my 2 cents, unless you know and trust the seller whatever savings on your end by not covering the fees might be a risk as sending funds via gift leave you with little recourse if the deal goes south. Link to comment Share on other sites More sharing options...
konadoc Posted July 5, 2015 Report Share Posted July 5, 2015 Using PayPal choose "gift" option for " friends and family". This allows neither party to deal with "fees". It is designed to be able to send money for reasons other than goods/ services. This is the way most m2m purchases are made. Obviously there is a level of trust involved, as your recourse is less strong if the deal goes bad. But remember what you are buying. I've never had a problem, and most folks are pretty reputable. Link to comment Share on other sites More sharing options...
alterego Posted July 5, 2015 Author Report Share Posted July 5, 2015 Thank you both for the tip. I tried and surprisinly the option "sending money" which is the starting pointo for choosing friends and family versus Payment is not in the bar. Right next to ACCOUNT the only option is sending payment. As I'm accessing PP from South America I wonder if PayPal has different option policies for different parts in the world. What is bothering me is that I have to satisfy the sller's request for sending the payment as "gift", so as to avoid paying the fees. Link to comment Share on other sites More sharing options...
jpz5142 Posted July 5, 2015 Report Share Posted July 5, 2015 Yes, I think many countries do not have the gift option. Just let the seller that your account can't send as gift and see how you guys can split the fees. Link to comment Share on other sites More sharing options...
tomhorn Posted July 5, 2015 Report Share Posted July 5, 2015 As a general rule, I will never send money as a gift. You lose any chance at recourse if the deal goes bad. Send it normally and pay the fee so the seller gets the amount you agreed upon. If the seller refuses, then don't do the deal. My exceptions to the rule are if the amount is insignificant, or I have done business with the seller before and don't care if I lose both the money and whatever I am purchasing. Link to comment Share on other sites More sharing options...
kernow Posted July 6, 2015 Report Share Posted July 6, 2015 As has been said, only use 'gift payment' for someone you know and trust. I was asked for it on one of my first M2M purchases here and the seller scammed people out of a lot of money. Fortunately I took the above advice and I paid the extra for the PayPal fees and I managed to recover all my money. Link to comment Share on other sites More sharing options...
Mike on a bike Posted July 6, 2015 Report Share Posted July 6, 2015 READ HERE: http://www.rwgforum.net/topic/177124-buyingselling-read/ Link to comment Share on other sites More sharing options...
alterego Posted July 8, 2015 Author Report Share Posted July 8, 2015 Thank you all: I paid the fee and the watch is on its way. Link to comment Share on other sites More sharing options...
pam007 Posted July 8, 2015 Report Share Posted July 8, 2015 Sorry I've been in the rep game long enough to never pay by gift, ever. Even trusted dealers, sellers and modders have been known to "disappear" with no apparent reason. Link to comment Share on other sites More sharing options...
alterego Posted July 9, 2015 Author Report Share Posted July 9, 2015 Sorry I've been in the rep game long enough to never pay by gift, ever. Even trusted dealers, sellers and modders have been known to "disappear" with no apparent reason. I agree. This is a tricky world and it's better being cautious than naive. As you probably noticed in another thread I started yesterday, a friend was ripped off when impulsively bought a 6538 frankedn rep he though was a gen. I don't know how much paid for it, but I'm sure he paid a few grand for it and I'm afraid hel'll never get his money back from the inescrupulous seller. Link to comment Share on other sites More sharing options...
droptopman Posted July 9, 2015 Report Share Posted July 9, 2015 I use gift payment all the time with friends or people on the forums I deal with regularly or if it is an amount I am not concerned about losing. People I do not know I will not pay by gift. If one of my friends falls off the deep end and burns me, so be it. Link to comment Share on other sites More sharing options...
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