Pay Pal

  • avatar

    by: RHuesler
    New SaleHoo Member
    3 posts

    Pay Pal

    Posted 10 Feb 09 7:52 pm.

    Hello everybody,
    i asked a supplier why he would not accept Pay Pal since this is pretty much the only form of payment i send.
    This is what he replied:
    Due to the financial control on the foreign exchange, the PayPal account in China could not
    withdraw more than $2,500 to the bank account in one month, that is to say it should take
    about 40-60 days to cash the payment if we withdraw the payment via check. Hope for your
    understanding !
    Does anybody know if this is true??
    Thanks
    Robert
  • avatar

    by: GRBoutique
    SaleHoo Master Member
    291 posts

    Re: Pay Pal

    Posted 10 Feb 09 8:05 pm.

    If sending payment to china, be very very careful. Alot of scammers out there specially if they don't accept credit card payments. If this supplier ask you for a bank transfer or western union,...... TURN BACK AND RUN! Do not in any way send payments via this form because you'll never see your money again. I hope this helps.
  • avatar

    by: dancerstar1216
    New SaleHoo Member
    1 posts

    Re: Pay Pal

    Posted 12 Feb 09 4:13 am.

    Actually most suppliers in China are not allowed to have a credit card. Their government only gives credit card permissions to the higher ups. I guess they don't want to have the debt problem that we are facing in the U.S. While I agree that Western Union and money transfers are generally a bad idea, sometimes that will be the only way to pay for Chinese merchandise. Make sure that you ask a lot of questions and cover all your bases. Who knows, they may be legit.
  • avatar

    by: GRBoutique
    SaleHoo Master Member
    291 posts

    Re: Pay Pal

    Posted 12 Feb 09 6:12 am.

    They best way to know if the company is legit or not if dealing with Chinese companies is to really visit the country. Heck, I will not deal online nor via phone due to the fact that almost all chinese so called suppliers are scammers. Not talking trash, I'm just stating the facts. If a company states that they do not accept credit cards due to whatever reason, I'll just turn back and run, no questions ask. At least that way, I will not have headaches in the end.
  • avatar

    by: planes
    Forum Moderator
    721 posts

    Re: Pay Pal

    Posted 13 Feb 09 5:48 am.

    I deal with a company in Hong Kong that happily accepts credit cards and Paypal. As a matter of fact they tell me to use Paypal.

    So if you running into companies saying they wont use them then just move on.

    Its just not worth it!
  • avatar

    by: bayericlowe
    SaleHoo Master Member
    486 posts

    Re: Pay Pal

    Posted 13 Feb 09 4:41 pm.

    Trust me, you don't want to do that at all.

    Ask the seller if they can get Google Checkout. Google Checkout is basically a merchant account and is fraud proof, anyone in China or overseas can have and has HAD a Google Checkout account before.

    You are not required to use any sort of credit card with Google Checkout, thank goodness. Much better option than Paypal.
  • avatar

    by: RHuesler
    New SaleHoo Member
    3 posts

    Re: Pay Pal

    Posted 14 Feb 09 7:27 pm.

    Thanks a lot for all the info. Sometimes it is tempting to order and pay with a non secure method.
    I will move on, as suggested, until i find a trusted company.
    Cheers
    Rob
  • avatar

    by: wholesalelist101
    SaleHoo Master Member
    507 posts

    Re: Pay Pal

    Posted 14 Feb 09 7:50 pm.

    Rob what are you looking to sell? Where are you located?

    link hidden WHOLESALE LIST

    link hidden COLLECTIBLES / GIFTS