The Rolex Forums   The Rolex Watch

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX


Go Back   Rolex Forums - Rolex Watch Forum > Classifieds > Buyers/Sellers "Who's Who" ?!?!

Reply
 
Thread Tools Display Modes
Old 5 December 2018, 01:07 PM   #1
teknic88
"TRF" Member
 
teknic88's Avatar
 
Join Date: Sep 2018
Real Name: Rigoberto Rami
Location: Las Vegas
Watch: Citizen EcoDrive
Posts: 18
PayPal or Bankwire

I’m a new member of this forum, and have a question for all the sellers here, or everyone with an opinion: I’ve noticed that a lot of the watches for sale ads state that “PP can be used by established members”. PayPal is widely used and have been around for a while. It protects both buyers and sellers, and buyers, and the buyers pay a fee to use this type of payment. So why “only the established members”? I guess that’s my question. Thanks in advance.


Sent from my iPhone using Tapatalk
teknic88 is offline   Reply With Quote
Old 5 December 2018, 03:09 PM   #2
CorradoBrit
"TRF" Member
 
CorradoBrit's Avatar
 
Join Date: Nov 2010
Location: Europe bound
Posts: 1,410
Coz unscrupulous buyers can use the system and initiate chargebacks. 'Established members' with a track record of successful buying and selling are more reliable and less likely to scam an unfortunate seller.
CorradoBrit is offline   Reply With Quote
Old 5 December 2018, 03:24 PM   #3
Baco Noir
"TRF" Member
 
Baco Noir's Avatar
 
Join Date: Dec 2007
Real Name: Roger
Location: Colorado
Watch: this ya'll
Posts: 4,814
Quote:
Originally Posted by CorradoBrit View Post
Coz unscrupulous buyers can use the system and initiate chargebacks. 'Established members' with a track record of successful buying and selling are more reliable and less likely to scam an unfortunate seller.


^^^ This. Search here and WatchUSeek and you’ll see the stories of the bad buyers returning used watches after 5.5 months after the deal was done due to suspected personal financial issues and PP siding with the buyer, or the buyer who had one for a few weeks and then says it stopped working but was found to have ordered a replacement crown from the manufacturer. Abuse of the PP system by bad buyers is why I only take wire transfer.
__________________
Current Collection: Rolex 116710BLNR & 216570 polar Explorer II; Omega Apollo 8 Speedmaster; Tudor BB Bronze Bucherer Blue Edition; Heuer Heritage Autavia; Nomos Club Sport Neomatik 42; Breitling Aerospace, Avenger Blackbird, & Superocean 44; Seiko Black Monster; Mickey Mouse Timex Electric; and dare I say it...an Apple Watch too
Baco Noir is offline   Reply With Quote
Old 6 December 2018, 12:39 AM   #4
77T
2024 ROLEX DATEJUST41 Pledge Member
 
77T's Avatar
 
Join Date: Dec 2010
Real Name: PaulG
Location: Georgia
Posts: 40,708
x2 + 1 additional reason.

At times unscrupulous buyers will fund the PP payment via a credit card and the seller now has dual liability. The buyer can challenge via the CC and PP has no option but debit the seller’s account.




Sent from my iPhone using Tapatalk Pro
__________________


Does anyone really know what time it is?
77T is offline   Reply With Quote
Old 6 December 2018, 12:50 AM   #5
alexthegreat123
2024 Pledge Member
 
Join Date: Jan 2009
Real Name: Alex
Location: Cincinnati, OH
Watch: GMT 16710 w/ 3186
Posts: 8,212
Paypal "protects" seller..... funny
__________________
GMT Master II 16710 w/3186 "M" Coke
SeaDweller 16600 "M"
alexthegreat123 is offline   Reply With Quote
Old 10 December 2018, 02:29 AM   #6
southtexas
2024 ROLEX DATEJUST41 Pledge Member
 
southtexas's Avatar
 
Join Date: May 2011
Location: Great State of TX
Posts: 5,683
Quote:
Originally Posted by teknic88 View Post
I’m a new member of this forum, and have a question for all the sellers here, or everyone with an opinion: I’ve noticed that a lot of the watches for sale ads state that “PP can be used by established members”. PayPal is widely used and have been around for a while. It protects both buyers and sellers, and buyers, and the buyers pay a fee to use this type of payment. So why “only the established members”? I guess that’s my question. Thanks in advance.


Sent from my iPhone using Tapatalk


How, exactly, do PayPal policies protect a seller?


Sent from my iPhone using Tapatalk
__________________
Forty six & 2 are just ahead of me.

Follow me on Instagram @ccrolex
southtexas is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

OCWatches

DavidSW Watches

Coronet

Takuya Watches

Bobs Watches

Asset Appeal

My Watch LLC


*Banners Of The Month*
This space is provided to horological resources.





Copyright ©2004-2024, The Rolex Forums. All Rights Reserved.

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Rolex is a registered trademark of ROLEX USA. The Rolex Forums is not affiliated with ROLEX USA in any way.