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What forms of payment do you accept?

ecf8503

Ideal_Rock
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I am looking to list a ring on LT, and it's value will be in the thousands. As a private seller, what forms of payment do you accept from buyers for a piece of this cost?
 

minousbijoux

Super_Ideal_Rock
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Paypal, or if really high thousands, an escrow service of some kind.
 

Dancing Fire

Super_Ideal_Rock
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Wiring the $$ into your account or a cashier's check.
 

ecf8503

Ideal_Rock
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So do I just contact the bank for wiring instructions? I've never sent or received via wire, so I don't know all the ins/outs and pros/cons.

Is there any seller protection if Paypal is used?

I see most people don't accept returns - is that for any real reason other than to avoid hassle?

Should be in the $7-8k range.
 

minousbijoux

Super_Ideal_Rock
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ecf8503|1443823620|3934248 said:
So do I just contact the bank for wiring instructions? I've never sent or received via wire, so I don't know all the ins/outs and pros/cons.

Is there any seller protection if Paypal is used?

I see most people don't accept returns - is that for any real reason other than to avoid hassle?

Should be in the $7-8k range.

For something in that price range, I would absolutely provide a return period. Unless you are well known around PS (I don't know if that is the case in your situation), there are very few people who will risk that much money on a final sale situation.
 

Dancing Fire

Super_Ideal_Rock
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ecf8503|1443823620|3934248 said:
So do I just contact the bank for wiring instructions? I've never sent or received via wire, so I don't know all the ins/outs and pros/cons.
Yes, ask your bank for the routing # into your account. Money can ONLY be deposited into your account and can't be withdrawn. 100% safe.. ;))
 

arkieb1

Ideal_Rock
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May 11, 2012
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9,717
Paypal is easiest but be aware they charge fees on any transaction.
 

ecf8503

Ideal_Rock
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Dancing Fire|1443839828|3934324 said:
ecf8503|1443823620|3934248 said:
So do I just contact the bank for wiring instructions? I've never sent or received via wire, so I don't know all the ins/outs and pros/cons.
Yes, ask your bank for the routing # into your account. Money can ONLY be deposited into your account and can't be withdrawn. 100% safe.. ;))

Oh this sounds good! Thank you!
 
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