Payfail/Eastern Bay advice

[CasualStogie]

I'm in the middle of a transaction through payfail and the big auction site (not the cigar one). This is my first time selling there and I was wondering if anyone had any tips from experience or things they've heard about avoiding scams, etc.

 

[vivalanation734]

Don't ship to anyone in Africa. Only take payment with pay fail. Instantly transfer the $ to your bank account

 

[CasualStogie]

Instantly transfer the $ to your bank account

I tried doing this, but apparently I have to ship with the money in my payfail account first. I guess the reason is that otherwise I could charge and not send anything. But, there is a hold until three days after the buyer receives the item or 21 days after the sale (whichever is first). So, the money is in the pay fail account-I just cant transfer it out yet. Payfail says this is a security measure for Eastern Bay sales in case any problems arise during the transaction. Any reason to be worried there, or is that pretty standard?

 

[aherzing]

IIRC this waiting period of 21 days (or until positive feedback is left?) is sort of a temporary thing for new users- my guess is it ensure that you aren't just creating ** accounts to scam people and are actually using it properly. When I started I had this limitation but it was lifted after a couple sales/weeks and then I could instantly transfer to my bank account or spend the $ using my ****** debit card.

So in short that money is safe as long as you do your end properly and also make sure to ALWAYS get a tracking number or delivery confirmation number.

Back when I first started seeking stuff on eBay and was skeptical like you, I would print this shipping label, pack the box, but before shipping I would take a picture with the contents in the box an the label in the picture... I know if it came to it that wouldn't actually serve as proof but it made me feel better about it.

 

[CasualStogie]

Ah, good info! Thanks for the help.