This has been mentioned like an ‘annual topic; I know. It I am just bringing it up again because I have noticed an ‘uptick’ in the suggested use in BST posts recently.
We are obviously a community’. But that being said; most of the people on this forum are not friends. Most of us may be on friendly terms with one another. But we are not necessarily friends.
Many guys know each other more by screen names than real names. And just as many have limited knowledge of the age of others or even what they look like or exactly where they live.
PayPal friends and family option is to move Money to others. NO GOODS AND SERVICES; period.
If you save anybody a few bucks by using f&f; you have Zero recourse if you end up on the scammer end of a deal. If you get jammed and you cry to PayPal. They will immediately know one specific thing about you. That you are just plain Stupid. No second guess.
Paypal charges fees for a reason. They are a Business; not a non profit organization.
Taking the position that ‘PayPal makes enough money off me’ is pure lunacy. When you use a service; you pay for that service. You can’t go into McDonald’s a few weeks in a row and then next time you go you want free food because they have already made enough money off you.
The PayPal fees are part of the transaction. You simply calculate them into the deal.
Say…you want to sell a yo-yo. You want $100 to pocket when the deal finalized. So; you calculate shipping(approximately $10; priority and insured for value) and PayPal fees(say… about $3 on a hundred). So asking price is $113; including shipping and fees. <> simple😉 > make adjustments accordingly for various price points.
PayPal Goods and Services is cheap insurance to help you get either the yo-yo or your money back.
In deals with actual friends or family; then the correct option is up to you.
I think there should be a forum rule against posting a BST and stating friends and family only.
Anybody that skips the PayPal fees with some weak cop out excuse deserves just what might go wrong. No mercy here.
PayPal G and S is not just a fee. It is Insurance that will help you save money on Kleenex.