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02-22-2008, 07:58 PM #1
Newbie question on B/S/T payments
I'm pretty new here. How do people usually pay or get paid for things they post in the B/S/T thread? I may have some razors and other things I'm looking to get rid of soon. Is Paypal easy? what about personal checks? Or straight up cash in an envelope? Sorry for a potentially ignorant question.
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02-22-2008, 08:05 PM #2
Paypal seems to be the preferred method.
Paying by check would obviously slow
things down.
John
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02-22-2008, 09:05 PM #3
Paypal and Postal Money orders are both safe, easy, and quick.
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02-22-2008, 10:58 PM #4
Cash in an envelope is probably NOT recommended. PayPal is used for pretty much everything, as far as I can tell.
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02-23-2008, 04:33 PM #5
First, keep in mind that BST is not a substitute for ebay... it's a place members can use to buy/sell/trade an occasional razor, etc. Ie, don't plan on running a "razors-for-sale" business on the SRP BST forum. Also, keep in mind that we have an International membership... you'll need to restrict your for-sale posting if you are unwilling to deal with international shipping and/or payment issues.
Paypal is the most universal payment method and it's available for most, but not all countries. It is preferred by many because no one has to leave their home to buy anything or deposit anything and the funds are guaranteed to be there. The seller incurs fees for Paypal. When receiving foreign payments you need to make sure the buyer remits in US Funds.
Money orders are the second most popular payment method. USPS "green" money orders work well domestically. Many countries have "international money orders" that are cashable in the US (analogous to the USPS "pink" money order that is used by US buyers when making Canadian purchases). In some international situations the funds may be placed on hold for awhile by your bank. The buyer incurs a fee to purchase the MO and the seller may incur a fee depending on the MO and where they cash it... USPS MO's are cashed free at USPS offices. International money orders may/may not be in US Funds... plan on dealing with exchange rates in some cases.
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02-23-2008, 06:41 PM #6
Thanks for the thorough reply Joe.