Safest way to pay for an item on GB?

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safest way to pay on line imho. is to get a visa (or like) money card at a groceriy store for exact amount. works just like a credit card, seller can only chargbe you on agreed price and it has no direct link to your bank account like a debit/credit card.
 
What if the seller wants real money, not a debit card? Frankly if I was selling a gun and someone sent me a card I'd send it back and post neg feedback. What does the seller say he will accept as payment? Don't send a bushel of carrots if he doesn't want carrots. Just my .02.
 
What if the seller wants real money, not a debit card? Frankly if I was selling a gun and someone sent me a card I'd send it back and post neg feedback. What does the seller say he will accept as payment? Don't send a bushel of carrots if he doesn't want carrots. Just my .02.
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not what i meant, do the transaction with the card like a regular credit card transaction. If the seller accepts credit card payments. they work the same,just like a credit card and that way your credit card or debit card info can not be stolen or abused.
unless he wants carrots then send him carrots.
 
medalguy said:
What if the seller wants real money, not a debit card? Frankly if I was selling a gun and someone sent me a card I'd send it back and post neg feedback. What does the seller say he will accept as payment? Don't send a bushel of carrots if he doesn't want carrots. Just my .02.
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Well... because it's 2011. If you expect to do business and sell things online, get with it or get out. Money orders are only for people who can't be bothered to keep up with the way the rest of the modern world does business. If you can't either, then online sales aren't for you.
 
Bubbles said:
Quite a few gun dealers don't accept CC's as most transaction processors won't work with dealers who sell online.
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There are a myriad of services that do intermediate exchanges, just like PayPal. If PayPal doesn't do guns, then someone will.
 
Perhaps in your "modern world" Ash that 's the way it is but I have made numerous transaction on GunBroker and at least three quaters wanted a safe money order and a lot of times a Postal money order.
There are several reasons some dont like dealing with credit card services,cost being one of them.
By the way I have never been burned on a GB auction.
 
heeler said:
Perhaps in your "modern world" Ash that 's the way it is but I have made numerous transaction on GunBroker and at least three quaters wanted a safe money order and a lot of times a Postal money order.
There are several reasons some dont like dealing with credit card services,cost being one of them.
By the way I have never been burned on a GB auction.
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If a buyer is paying the CC fees, aside from the cost for setup, which is then easily paid for by the innumerable customers who will frequent your service because of how much easier transactions become, what cost is there to the seller exactly?
 
heeler said:
Not all sellers on GB are storefront dealers.
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What difference does that make? Many are, and those who aren't, I see kids at local music shows with iPods/iPads and small credit card reader adapters. There are literally people with fruit stands on the side of the road who are more advanced than the average GB dealer.
 
With the last one I bought, I just directly deposited the cash in the sellers account. I walked into a branch of the bank he used in my town and made a counter deposit with the account number the seller provided. I was able to verify his name and address with the teller. I sent the money instantly and faxed a FFL. He put the gun in the mail that afternoon.
 
I've bought a lot on GB, sold some. Most were good transactions, had to fight with one to get my money back, GB will be no help. I had some sellers with inaccurate descriptions; some slightly worse, some big and intentional. I've also been pleasantly surprised the other way. I've learned to only buy from folks with over 10 or so positive feedback and greatly prefer good pictures. I've had better luck with forums, especially for collector items.

When I sold something it was MO only. I have a Paypal account, but I'm not going to risk getting it locked by a bad payment description or something. The seller's description should cover the payment methods, shipping costs, etc...if you don't like the terms don't bid.
 
With the last one I bought, I just directly deposited the cash in the sellers account. I walked into a branch of the bank he used in my town and made a counter deposit with the account number the seller provided. I was able to verify his name and address with the teller.
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Thats a new one. He gave you fis bank account information????? If I read that right, that is the most unsecure way to do a tranaction I have heard of.
 
You're not a gun dealer are you?

Ash_J_Williams Well... because it's 2011. If you expect to do business and sell things online, get with it or get out. Money orders are only for people who can't be bothered to keep up with the way the rest of the modern world does business. If you can't either, then online sales aren't for you.
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Credit Cards vs. Money Orders

It has nothing to do with how "the modern world does business". It has everything to do with the security of the transaction itself.

When a seller accepts only a certified check or money order and ships the gun....the deal is done. If the buyer is unhappy with the firearm he and the buyer have to work out an mutual agreement to return the gun/partial refund/etc. Sellers love certified checks and money orders because they are guaranteed funds.....no waiting for a personal check to clear, no authorization codes, no monthly service fees, and it makes for pretty easy accounting.

When the buyer accepts a credit card the deal isn't "done" until the deadline for a charge reversal, or charge cancellation has passed. The gun may have arrived in perfect condition, but the buyer can still go to his credit card issuer and file a claim. The reason buyers love to use a credit card is because of this ability....if the item is not received or is not as described you get your $$$ back. For a seller you not only have to cover your transaction fee, but often monthly fees and then hope the customer doesn't try to hit you with a chargeback. Then you get to sit and wait while your cc processor takes days to deposit your $$$.
 
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Credit Card Only

I believe that 98% of the sellers/buyers on all of the auction sites are honest folks, but it only takes one or two bad apples to create problems for the rest of us. For ANY Internet auction site I will only do business with a seller who accepts credit cards and offers a fair inspection/return option.

I realize I have missed out on some potential good deals, but how many good deals are wiped out by one bad sale?
 
Thats a new one. He gave you fis bank account information????? If I read that right, that is the most unsecure way to do a tranaction I have heard of.
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You read it right....I assume you mean him giving me his account info was insecure for him. I don't find it any more insecure than writing a check.
 
Hmm...Good point Colt.
As obvious as that is I never even thought about it that way.
 
mrgreentie said:
Hilarious! I'm seriously am considering throwing this quote on my Facebook page. Priceless!

...
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You show me any other modern business that isn't gun sales that doesn't work with credit or debit cards, or any online payment form, and accepts nothing but check or money order, and I'll show you a business who hasn't changed the way they function in 20+ years.
 
Not worth bothering with really Ash.
I cant understand why your wound so tight about all of this.
 
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