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Thread: Is paypal still the best thing to sell to people overseas?

  1. #1
    Senior Member zoossh's Avatar
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    Default Is paypal still the best thing to sell to people overseas?

    have got lost in touch with it. i know when things sold, the money won't be able to be withdrawn into real cash if i do not have an american bank account, but i do not know of better methods that is simpler for me and the buyer.

    anyone knows better?

  2. #2
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    Default Re: Is paypal still the best thing to sell to people overseas?

    I've cashed out my Paypal balance to my DBS/POSB account before.

  3. #3
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    Default Re: Is paypal still the best thing to sell to people overseas?

    generally, that puts more trust with oversea buyers.

    just never accept western union cheques.
    takes 25sgd plus more than 30 days to cash out.
    on top of that, a 2~3% commission on the total amount on the cheques.

    paypal is the way to go. do take in mind about the exchange rate and up to 4% comm as well. but at least you feel safer.

  4. #4

    Default Re: Is paypal still the best thing to sell to people overseas?

    no problems with paypal yet. ya it charges a bit but not a lot
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  5. #5
    Senior Member melvin's Avatar
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    Default Re: Is paypal still the best thing to sell to people overseas?

    Adviseable to use TT transfer?

  6. #6
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    Default Re: Is paypal still the best thing to sell to people overseas?

    TT not safe for buyer.

    if you can offer TT, well, depend on whether buyer will trust you.
    TT can be recalled as well, if they file in for fraud.
    so it's very much value dependent as well.

    small amount, TT does not justify.
    big amount, you dun feel safe.

    overseas...paypal is still my prefered option.
    buyers prefer that because there is next to zero cost on their part.
    well, there's always postal money and money in post~

    money in post is risk on buyers' part again.
    have to do registered post plus track back for them.
    they have to bear the cost.

  7. #7

    Default Re: Is paypal still the best thing to sell to people overseas?

    Quote Originally Posted by melvin View Post
    Adviseable to use TT transfer?
    Paypal's the way to go

    Have done transactions of value S$1.5k without any problems before

  8. #8
    Senior Member melvin's Avatar
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    Default Re: Is paypal still the best thing to sell to people overseas?

    Quote Originally Posted by Zann Tiang View Post
    TT not safe for buyer.

    if you can offer TT, well, depend on whether buyer will trust you.
    TT can be recalled as well, if they file in for fraud.
    so it's very much value dependent as well.

    small amount, TT does not justify.
    big amount, you dun feel safe.

    overseas...paypal is still my prefered option.
    buyers prefer that because there is next to zero cost on their part.
    well, there's always postal money and money in post~

    money in post is risk on buyers' part again.
    have to do registered post plus track back for them.
    they have to bear the cost.
    How abt as a seller?

  9. #9
    Senior Member melvin's Avatar
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    Default Re: Is paypal still the best thing to sell to people overseas?

    Quote Originally Posted by Klose View Post
    Paypal's the way to go

    Have done transactions of value S$1.5k without any problems before
    They transact in all amount? do they have a cap?

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