Gumtree- PayPal or Cash?

dukeGR4 on 02/10/2019 - 21:23

Good evening folks,

Probably concluding a sale tomorrow and it's a big ticket sale worth 1600 AUD. Was wondering if I should accept payment via cash or paypal.

My mate said paypal has its own risk, including chargebacks (ie. stolen card). As for cash i'm also considering the (low) risk of getting mugged after the transaction, as well as receiving counterfeit notes. But i live in the CBD and the transaction would happen there as well so the former shouldn't be too big a problem, but the latter is probably unavoidable.

Which option should i go for?

General Discussion

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Gumtree
Gumtree

Comments

  • Stone Monkey on 02/10/2019 - 21:28
    +9

    Gumtree is cash only for me.

  • Ryanek on 02/10/2019 - 21:30
    +8

    Cash

    /thread

  • Seraphin7 on 02/10/2019 - 21:31
    +5

    Cash. Do it in the bank, deposit over the counter. Hand over the goods when the teller gives you a receipt.

    • mousie on 02/10/2019 - 22:22
      -1

      banks are not paddys markets. dumb idea

    • datafellows on 03/10/2019 - 11:10

      Sold my car this way :)

  • chriise on 02/10/2019 - 21:31
    +1

    Cash.

  • Ughhh on 02/10/2019 - 21:32
    +4

    If you look at every gumtree related thread, you'll be 100% confident in your final decision and glad you didn't use PayPal

  • Kaz0551 on 02/10/2019 - 21:34
    +1

    Cash cash cash cash cash

  • resubaehtgnolhcs on 02/10/2019 - 21:46
    +5

    itunes gift cards, which you can also use to pay tax debts for the ATO ;)

  • follow on 02/10/2019 - 22:01
    -1

    out of the two, cash.
    there are other ways, such as payid and beem it.
    most banks have a $1000 daily limit for payid.
    beem it has a $1000 daily limit.

  • 87percent on 02/10/2019 - 22:14
    +2

    Cash only for gumtree

  • SlowCarSlow on 02/10/2019 - 23:57

    You can do a quick (and somewhat accurate except super good fakes) check of notes by turning on your phone's flashlight and putting them over the light. There will be a small "50" or "100" that is only visible under direct light. Also check the clear windows for the "50" or "100" which should be indented. Each note will take about 5 seconds once you get a rhythm going.

  • Marcsie on 03/10/2019 - 05:06

    Do you need to ask a simple question like this ? omg ! Of course CASH !!!

  • AustriaBargain on 03/10/2019 - 07:45

    He could send the money as a gift which PayPal won't let a Rosie be initiated over, but if the buyer funds that PayPal payment with a credit card, then they could ask their credit card provider to charge that payment back. PayPal probably have no choice but to accept the chargeback, and PayPal probably would want their 1600 PayPal dollars back from you too. or else they would be out $1600 and scammers would have bankrupted PayPal or their insurers years ago.

  • seraphim2017 on 03/10/2019 - 09:02

    If as an Ozbargain member you even have to ask, then….. paypal. See you back here when it's reversed/you've been ripped off.

    Cash, straight to the bank, done.

    Gumtree is cash only, this should flash up whenever you open the app!

    TL:DR

    Gumtree=Cash Sales

  • Jade81 on 03/10/2019 - 09:51

    Cash. PayPal is a pain and I was forced to use it once to receive a payment/refund they charge a fee to send to your bank account.
    NO hassle to have a decent look at the notes and do the exchange near a bank branch or am ATM that accepts deposits so you're not carrying it.
    Unless this person's given you some reason for concern……..

  • cupcake on 03/10/2019 - 10:17

    Paypal does not cover Gumtree. Very risky so cash only with Gumtree.

  • wannagrababargain on 03/10/2019 - 14:14

    I feel that this topic should be a sticky by now.

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