pay pal gift

[Yorkshire Sam]

While I often browse the for sale section, I have never bought or sold anything but have been intrigued by the mention of pay pal gift.
While I have used paypal occasionally I have never heard of it elsewhere. Can someone explain it to me? Its purpose, how it works, and how you do it.

 

[NazNomad]

Long story short ... If you choose to send money, you can opt to do so as a 'gift', the result being there are no fees for the transfer.

 

[paulm]

The important thing to be aware of is that if using paypal gift there is no protection to the payer if goods aren't received, aren't as described or any other problem with the transaction.

It's supposed to only be used for sending money to family, friends and similar, not for commercial transactions hence there are no protections available that you would otherwise get by paying normally by paypal.

Many forums prohibit people selling and specifying payment by gift as it could in theory I believe also cause problems for the forum but even not it can cause problems for everybody if a transaction goes bad.

 

[Rorschach]

As covered above there is no protection but also no fees if you use the gift option.

If you don't know the person involved, don't use it as you won't covered, but if you know the person and trust them then you can save a bit money using it.

 

[Harbo]

I thought the person paying the money ( buyer) still pays fees but not the receiver ie seller in this case?

Rod

 

[Wuffles]

The person who receives the money will be charged the fees, it is normal (well, define normal) for the receiver to request to add the fees onto the amount if the sender chooses to pay the non-gift way.

Edit: doubting myself now, think that's right anyway.

 

[Homerjh]

receiver pays no fees with gift.

 

[marcros]

The person who receives the money will be charged the fees, it is normal (well, define normal) for the receiver to request to add the fees onto the amount if the sender chooses to pay the non-gift way.

Edit: doubting myself now, think that's right anyway.

no, that is incorrect. for gift, the sender pays the fees, but there may be no fees, for example if it is funded from a paypal balance. The seller receives the full agreed amount.

If done the normal way, the seller may well add some on to the price to cover fees, but the buyer is covered by paypals buyer protection- insurance for want of a better word. The seller receives the agreed amount, less the paypal fees.

 

[Wuffles]

The person who receives the money will be charged the fees, it is normal (well, define normal) for the receiver to request to add the fees onto the amount if the sender chooses to pay the non-gift way.

Edit: doubting myself now, think that's right anyway.

no, that is incorrect. for gift, the sender pays the fees, but there may be no fees, for example if it is funded from a paypal balance. The seller receives the full agreed amount.

If done the normal way, the seller may well add some on to the price to cover fees, but the buyer is covered by paypals buyer protection- insurance for want of a better word. The seller receives the agreed amount, less the paypal fees.

No, for gift there are no fees at all if funded from PayPal balance or via bank account- no idea about credit card.

 

[Random Orbital Bob]

That's my understanding. Nobody pays any fees if the transaction is funded from a balance existing in the paypal account or the account is linked directly to your bank.

 

[marcros]

that is what i was trying to say. if from a credit card (and I think debit card) there are fees- paid by the sender.

 

[dynax]

paypal gift no longer exists, it come under the title of friends and family, there are no fees at all using this method, i use it a lot for buying and selling from another forum i belong to, there is an element of trust involved as there is no protection in place for the buyer or the seller, only use it if you trust the buyer or seller,

 

[DiscoStu]

I sent money yesterday using PayPal from my phone and selected the friends and family option (no gift option is shown) and was still charged. I think that Marcos is right in that there may be no fee if you have funds in your PayPal account.


Sent from my iPhone using Tapatalk

 

[iNewbie]

I recently paid via the gift/friends thing (a month ago) via credit card and it cost me about £5 for £110.

 

[Wuffles]

The person who receives the money will be charged the fees, it is normal (well, define normal) for the receiver to request to add the fees onto the amount if the sender chooses to pay the non-gift way.

Edit: doubting myself now, think that's right anyway.

no, that is incorrect. for gift, the sender pays the fees, but there may be no fees, for example if it is funded from a paypal balance. The seller receives the full agreed amount.

If done the normal way, the seller may well add some on to the price to cover fees, but the buyer is covered by paypals buyer protection- insurance for want of a better word. The seller receives the agreed amount, less the paypal fees.

I rush-read that earlier Marcos, we were saying the same thing as I was talking about non-gift/friends & family fees being charged to the receiver, interesting that there are fees for sending a gift payment using a credit card and that they are (and I guess should be) charged to the sender. Worth remembering.