Buyers and sellers who need to exchange money safely online should use PayPal Goods and Services. When you use PayPal Goods and Services, your transaction is automatically safeguarded by PayPal Purchase Protection, giving you and your recipient peace of mind.
FAQs
Phishing attacks can also target PayPal sellers. The seller may receive an email from PayPal indicating that monies have been deposited into their account pending confirmation, along with a link or button to click to make the money available to them.
When a payment is sent via the Goods and Services option, the seller is charged the regular USD $0.30 plus 2.9 percent fee (payment receiver). When you’re selling something or providing a service to someone, you’ll employ this payment method.
The two are used for different purposes, as their names suggest. ‘Goods and services’ is for individuals buying from a business or a complete stranger selling something via an internet marketplace, whereas PayPal friends and family is for known contacts who trust each other and want to keep expenses low.
If you report unlawful transactions conducted using your PayPal account within 180 days of the payment date, you can claim a refund. You’re out of luck if you transmitted money to a scammer as part of a phishing scam or using PayPal’s peer-to-peer payments system.
All qualified transactions, such as tangible products, tickets, services, or travel, are covered by our Seller Protection. This service is free, and our Seller Protection covers all of your qualified PayPal transactions.
All qualified purchases made with PayPal, as well as payments made through our website, are covered by Purchase Protection. We demand, among other things, that PayPal accounts be kept in good standing and that a dispute be lodged within 180 days of your purchase or payment to be eligible for Purchase Protection.
Transactions involving items delivered in person in connection with a purchase made in your physical store may be eligible for PayPal Seller Protection if the buyer paid for the transaction in person using the PayPal goods and services QR code.
PayPal’s transaction processing fees range from 1.9 percent to 3.5 percent of the transaction amount, plus a set cost of 5 cents to 49 cents. The amount you pay is determined by the PayPal product you use. Although it may not appear to be a significant sum, a $100 transaction will cost you between $2 and $3.99.
Have a PayPal account that is up to date. Use your PayPal account to pay for the qualified item. Before registering a claim with the Resolution Center, try to contact the seller directly to address your issue. Within the timeframe specified, respond to PayPal’s request for documentation and other information.