Chap in USA wants to buy something from me which costs £60. He wants to use PayPal for payment (I had asked for Visa payment). I've had a look at paypal.com but it seems a bit of a hassle for a one-off and small transaction - I will have to pay fee and how they deal with currency conversions is not clear. Anyone any experience of this US based system. PS. He also asked if I accept Discover cards but have never heard of these?? Thanks, David

 

I use it. Its quick and efficient. As far as I'm aware, you only pay to receive money - the sender can send cash "free" as it were.

 

Ive used it but its a bit of a hassle to workout the conversion rate but if HES sending you the money you shouldnt have any problems.
ive never heard of a Discover card but that shouldnt worry you,soon as you the receive money into your account send out the goods.

[Edited by planky - 6/14/2002 5:47:36 PM]

 

i used it no problems

 

Thanks guys - will probably give it a go on your reassurances. Will also be useful lesson for future transactions. David

 

Ive used it too, No probs, and Id guess a lot safer than some methods of payment online.

 

I use it, you do get charged for international transactions. You need to set up and account and then put your bank account details in there so you can withdraw the money. I think you will lose 3% of the value of the money you recieve, and he will lose a similar amount. It also takes 5 working days to clear your UK Bank acount, once you have withdrawn the funds on the paypal site.


It works though, just a bit slow. Discovery card is a US based payment system like VISA.

 

i hate it it ****ing sucks, really irritating to use and set up. put me off ebay and all that. also send loads of junk emails to you.

 

Ive been using it for about 18 months now, never had a problem and very helpful when i purchased something from the usa and had a problem.

 

paypal are hopeless - if you do use them - pray you don't ever have to use their helpline - they never reply to e-mails - shoddy

'eggpay' from egg.com is a million times better - plus egg don't take a slice of your money - plus you get notifications when maoney is sent and also when the receiver collects - top marks.

Paul W

 

Thanks for input everyone. Don't like the idea of giving my bank account details on the net though...(someone might nick my overdraft!!). David

 

I use paypal , no problem at all. It was a pain to setup though. You can transfer your paypal balance to a UK bank account as well, as long as the min transfer amount is $25. As with most things these days they take a cut out of it. I just add that into the price of the item.

edited to say, I have never got any junk mail from them yet

[Edited by mannyo1 - 6/15/2002 12:02:26 PM]

 

and you always get a mail from them when you recieve funds!

 

I prefer nochex (www.nochex.co.uk). Having used both, nochex is best.

 

Yeah Nochex is MUCH better but for overseas transactions you can only uses Paypal at the mo.

 

Pay pal is ok, ive used it for loads of overseas purchasing.
and as for the currency conversion.
goto ask jeeves and type £$ so you can use their conversion tool.