Appears a similar payment system is on the rise. Based with “old glory bank” based out of Oklahoma. If they can do the same service without the “terms and conditions “ PayPal has instilled. I’d be for it.
Do your due dillengence on this format..........What Is FedNow? The Government’s First Instant Payment Service Just Launched
Money transfers and bill payments will happen instantly, even on weekends and holidays.money.com
Yeah not a chance I will consider that for even a second. .Do your due dillengence on this format..........
This is all well and good UNTIL it’s a gun related item...Most all those money transfers do not allow a refund or credit if it turns out to be a scam!! Your best bet is paypal invoice paid with a guarenteed credit card. The seller sends the buyer an invoice. The buyer pays the invouce with a guarenteed purchase credit card.. The seller does not get the card numbers...if the item doesn't arrive within so many days the seller must show proof of shipment and the seller gets no money until the parcel is delivered ( paypal/ CC) holds the funds. Once sale is complete the seller gets his money, if the item is not right, then the item is returned and money refunded. Simple, easy and safe, no one gets there money until all are satisfied...why would anyone use anything else ??
....because buyers will just file a claim that something isn't right and will get refunded without returning the goods. Refunds might be good for buyers but not sellers.Most all those money transfers do not allow a refund or credit if it turns out to be a scam!! Your best bet is paypal invoice paid with a guarenteed credit card. The seller sends the buyer an invoice. The buyer pays the invouce with a guarenteed purchase credit card.. The seller does not get the card numbers...if the item doesn't arrive within so many days the seller must show proof of shipment and the seller gets no money until the parcel is delivered ( paypal/ CC) holds the funds. Once sale is complete the seller gets his money, if the item is not right, then the item is returned and money refunded. Simple, easy and safe, no one gets there money until all are satisfied...why would anyone use anything else ??
Nope, on the invoice/ CC system nobody gets there money until everyone has there stuff. Have had to use this quite a few times, no one ever lost anything. All parties have to be satisfied before funds are handed out...best part is there are time limits.....because buyers will just file a claim that something isn't right and will get refunded without returning the goods. Refunds might be good for buyers but not sellers.
So who paid for the return shipping? How about credit card fees, somebody had to pay those too.Nope, on the invoice/ CC system nobody gets there money until everyone has there stuff. Have had to use this quite a few times, no one ever lost anything. All parties have to be satisfied before funds are handed out...best part is there are time limits.