alright guys what's going on DJ's here
Collective kicks comm wanted to bring
you guys the follow-up to the original
video that I did about PayPal scams and
how to protect yourself a little bit
better when dealing with PayPal I
covered things from the buyer
perspective I'll link that video in the
description but this video is going to
focus on preventing PayPal scams from
the sellers perspective because there's
definitely some loopholes and definitely
some things you need to look out for as
a seller so you don't get burned at the
end of the day so let's go ahead and
jump into it
basically there's a couple different
ways that you can accept money from
PayPal you can accept money as a gift
and you can also accept money through
invoice when you accept money through a
gift you think that there's a hundred
percent protection to that but there is
actually some loopholes that you need to
be aware of so you don't get bird and
it's kind of like a risky scenario so
let's say I was selling this pair of
turtledoves for twelve hundred dollars
or something like that on on the open
market which if you lucked out you got
them at retail and you're trying to sell
them for like twelve hundred dollars I
mean this is a scenario where it's very
real because there's people that really
lucked out on getting a pair of Yeezys
that's like the shoes but they like
having the extra money a little bit
better they can use that towards other
things I'm not blaming the people that
do that I don't think it's a bad
scenario necessarily if you lucked out
and got a pair of the pirate box for
retail and you're trying to sell them
for a little bit of extra money it's
like kind of a nice experience that you
can make money off of something and in a
significant amount of money off of
something but there's also a lot of risk
involved as a seller so if you don't
watch yourself and know what you're
doing and this is the first time sort of
scenario for you like you got to be
careful because there's some savvy
buyers out there that can pigeonhole you
and basically make you lose your money
and so that sweet concept of making five
hundred dollars off of Scheuer whatever
it might be
turns into a nightmare because now
you're you're you know five hundred plus
in the hole on something that you want
up so selling Plus potentially out a
pair of sneakers so lots of things to be
aware of but let's go ahead and get into
it so let's say you're selling this
let's say I sold this on a Facebook
group for $1,200 and I wanted to do a
local meet up with somebody and they
wanted to go ahead and give me $1,200
for that shoe but and I'm like sure
or that let's do that and then they tell
me hey actually I don't have 1200 cash I
only have 200 cash and I have $1,000 in
my PayPal account and I'll just transfer
the money to you as a gift and then when
we meet up then basically we'll just
make sure that money goes through and
then everything should be clear now I
tweeted about this the other week and I
was asking people you might would you be
clear in this situation if you have
somebody that gives you money and then
you receive it like what's the
consequences that can anything actually
happen so that person can potentially
reverse their gift to you and then take
back that thousand dollars a lot of
mixed reviews a lot of people are saying
everything should be fine there were
people saying yes there is risk they can
do something against you which is
contact their bank and reverse a
transaction or say that it was
unauthorized unauthorized transaction on
the credit card if their money in their
PayPal account was funded through their
credit card they can do that and then
PayPal can't do anything against that
and then they can pull that back that
thousand dollars so there is actually a
little bit of risk involved with that
that's not too likely that's something
like that's going to happen but it is a
possibility that that can't happen where
you can get that money reversed even
through gifts so a little bit riskier
obviously if they just brought 1200 cash
to the table then you have less risk but
let's say that they did this route
having them PayPal gifted is a good
option but it can be reversed so the
other option is let's say if I didn't
want to do gift I was like well let's go
ahead and do the invoice so I can have
seller quote unquote seller protection
on this item
I contacted PayPal and asked them a lot
of these questions so that's kind of
where I'm getting my information from
but basically if you do that and if you
meet up in person you won't be PayPal
protected from a transaction of an item
if you don't have a shipping number and
so when you're meeting up in person you
don't get shipping information because
you're just exchanging goods and
services in person they can't they can't
verify that you actually gave them the
product so it becomes riskier in person
if you do an invoice then if you even do
a gift so you definitely want to try to
recommend the gift scenario in that in
that sort of scenario that being said
you get
the invoice let's say you're selling
this to somebody out of state then you
get the shipping information and you can
go through the invoice process and you
have seller protection at that point so
if the person then says nine ever got my
item like you you know like you never
shipped me the shoes then PayPal can
actually step in and say yeah he did
ship the shoes here's the item tracking
number which is really important for you
to actually have signature confirmation
if it's a really expensive item as well
it's really important to know that
there's signature confirmation there and
it happened to me as a seller I shipped
a pair of shoes as somebody and they
said that they never got the package and
it automatically as a seller PayPal
automatically freezes your funds so I
was out the money up until everything
was resolved I contacted PayPal I said
hey what's going on I can see that this
item it wasn't this one it was just a
random pair of shoes I can see this item
was shipped and the the seller or the
buyer excuse me put a freeze on the
shipment and had him redirected to a
different spot and say they were never
delivered and like the USPS never said
it was delivered it was a really shady
situation but PayPal sided on my side
because they saw that it was going to be
delivery confirmation and the seller
excuse me the buyer ended up redirecting
the the shipment and so because of that
they freed up the funds and I got my
money back but so there's some
situations that can happen with that now
let's say as a seller I ship this shoe
to somebody and then the seller claims
that I sent them a replica pair of
sneakers and then they open up a case
against me now I'm let's say on $1,200
in the hole because that's a 1200 I
freeze on my account on that until
PayPal investigates this whole thing and
then meantime this buyer ends up selling
or shipping back a pair of fake Easy's
and then they're taking my $1,200 and I
know this is a situation that can happen
as well which is really kind of scary
and there's a really scandalous people
out there and hopefully karma comes and
bites them in the ass and the end of the
day but if this ends up happening to you
the buyer opens up a case selling saying
that you sent them a fake pair of shoes
then eBay our PayPal investigates this
and then you will go ahead and they'll
send back the pair of shoes to you
at that point you can go ahead and open
a countersuit or counterclaim back to
them saying that they didn't ship back
the item that was shipped to them and
then PayPal goes through and
investigates again and it's this huge
battle of he-said she-said sort of stuff
so at the end of the day man it's really
really risky to go ahead and ship a
thousand dollar pair of shoes somewhere
across the US or whatever and then try
to to make that sale happen the other
thing is is and I don't know I haven't
had too much experience with
international shipping but historically
like international shipping is really
really dangerous like you can get into a
lot of stuff because they couldn't
originally confirm delivery confirmation
at some places and because of that
PayPal automatically would like side
with them because you couldn't that you
couldn't prove that it was delivered
because that location doesn't accept
delivery confirmation so it's important
that if you do ship internationally that
they do have the ability to confirm the
delivery so if somebody offers you two
thousand dollars for this shoe and
you're trying to sell for twelve hundred
like just know that there's some there's
a reason why they're offering more
because there's a good chance that they
can go ahead and open the claim against
you and get all the money back and then
and then you know say that was never
delivered then you're out the money for
the shoe and then they don't have to
ship back anything because there was
nothing that was proven so that's kind
of it in a nutshell as far as I can tell
from the seller perspective so there's a
lot of risk involved my two cents is try
to sell to somebody that you can trust
try to sell to somebody like I would
definitely go through a consignment shop
afire you if you had an authentic
product that you were trying to sell and
make a profit on if you don't know what
you're doing consignment shops like are
definitely somebody that that do or go
through somebody that that you know that
really knows how to do this sort of
stuff but if it's your first time
selling something and you're trying to
sell a thousand dollar pair of shoes
definitely do your research before you
go ahead and do that because you can be
out a significant amount of money
there's some snakes out there and they
will get you so hopefully this will be
an informative video for you guys
waiting in the comment section though
let me know what I missed
trying to cover things as thoroughly as
I can but the baby's crying downstairs
and I gotta get back downstairs and help
out the wife thank you guys for watching
again and we'll catch you guys for some
more videos soon
peace