MiamiCuse

I noticed many of the sellers here specifically requested "non CC paypal only" I assume it means they will only accept paypal payment that is funded by a bank account and not a credit card.

I don't understand why there is such a special restriction, is it because PP charges a higher fee for CC funded transaction, or is it because with CC there is a possibility of a dispute by the buyer via the credit card?

I use paypal but fund it via credit card because I don't want my bank account attached to it, and this makes it difficult for me to conduct business with some sellers here, just trying to understand the rationale behind this restriction and why they decided to only deal with non CC paypal.

Thanks for your time.

bgzbgz

Its because paypal charges the seller more for credit card payments.

simpsota

they also limit the number of CC transactions you can do unless you've got a business account.

MiamiCuse

If the issue is with a CC surcharge, then why not have different prices?

For example:

$25.00 for payment by non CC PayPal
$27.00 for payment by CC PayPal

MiamiCuse

I did not know that. I do some buying off eBay, and usually via PayPal, and there are lots of horror stories I heard about linking your bank account with PayPal that's why I don't do it, but I see sometimes it hinders my ability to do business some some of the sellers here.

Guess it's a two edge sword.

simpsota

The fee is something like $0.30 plus 4% of the sale price. It's not negligible, but for me the fee isn't that big of a deal since I'm not really looking to make money, just help fund my "planted tank habit", however the fact that they force you into a business account if you do too many is a big pain which is why I try to limit taking too many CC payments. I guess they're big enough now that they can pretty much tell us what to do.

I've heard of some other services popping up lately, but haven't looked into them yet. I think some others on here have though...

Minsc

If you set up an account to accept credit card payments, paypal slaps those fees on all your transactions.

Therefore, if someone has set up their account so that they won't receive any fees, they can not accept CC payments.

To have different prices would require having two different paypal accounts, one to accept CC and one to accept 'cash'.

Logan's Daddy

I think everyone here has missed one major detail about MiamiCuse's original question....

The issue has nothing to do with how his (her? sorry) paypal account is funded. Accepting non-cc paypal payments just means that the seller only accepts payments from the buyer's paypal account to the seller's paypal account directly, and that they don't accept cc payments directly from people who don't have a paypal account.

If the buyer is paying with a paypal account it doesn't matter what the funding source for that account is, (a bank account, credit card, or otherwise) it is NOT a cc payment, it is just a transfer from one paypal account to the other.

Soooooooooo, the happy news Mr. (or Mrs) MiamiCuse is that since you have a paypal account any payment you make IS a non-cc payment, regardless of the source you fund your paypal account with.

The only way to make the dreaded cc payment would be to actually enter your cc# in the purchase fields without using your paypal account at all.

Hope this makes sense and clears things up a bit, paypal is an awesome resourse and a commonly misunderstood one...

MiamiCuse

I want to make sure I understand you correctly.

When I see "non CC PayPal Only" it means "I do not accept credit card transactions, I only accept PayPal" and not "I accept PayPal but the transaction must not be funded by a credit card"?

If that's the case, wouldn't "no CC, cash or personal checks, payment by PayPal only" be a lot less confusing?

Logan's Daddy

To answer your questions, yes! you understand correctly!

and...

Yes! it would be a lot less confusing, the problem with paypal is that most people don't fully understand how it works.

When people accept paypal payments it is generally safer than a check, and faster than mailing one then waiting for it to clear, they usually add the "no cc" part because of the reasons posted previously by others - accepting the cards directly costs the seller more and that's just annoying as a seller

but like I said, the good news is that you can now buy cuttings to your heart's content!

have fun.