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Topic: selling credits using PayPal question

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Subject: selling credits using PayPal question
Date Posted: 1/29/2011 6:37 PM ET
Member Since: 6/26/2010
Posts: 624
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I want to sell some of my credits.  I have a PayPal account, but only used it once to pay someone.  How does it work to "get paid"?  I have a card on file with PayPal.  I want to know for sure how it works before I sell someone credits.

Thanks for any help you can give me!

Date Posted: 1/29/2011 6:53 PM ET
Member Since: 1/2/2011
Posts: 212
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Anybody can send money to your Paypal account, they just need to know the email address you have linked to your Paypal account.

 

ETA: If you don't use your Paypal account much to pay for things you will want to withdraw the funds at some point. I know it's free to move funds to a bank account linked with your Paypal, but they used to charge a fee (around $5.00?) to move funds to a debit/credit card. You may want to check and see if this is still correct.



Last Edited on: 1/29/11 6:59 PM ET - Total times edited: 1
Date Posted: 1/29/2011 6:55 PM ET
Member Since: 5/15/2005
Posts: 1,328
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You give your paypal email address to the person wishing to send you money. Then paypal will notify you that money is in your account and you can buddy them the credits. If you have it linked to a bank account, you can transfer the money to your bank account.



Last Edited on: 1/29/11 8:23 PM ET - Total times edited: 1
Date Posted: 1/29/2011 8:04 PM ET
Member Since: 7/2/2010
Posts: 868
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Be careful with asking to pay by gift.  It is against the credit selling rules although everyone seems to do it. 

Date Posted: 1/29/2011 8:22 PM ET
Member Since: 5/15/2005
Posts: 1,328
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Thanks Becki. I did not realize that.

Date Posted: 1/29/2011 8:43 PM ET
Member Since: 7/23/2006
Posts: 15,930
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You can accept a gift card, you probably should just make that something you work out in a personal message.

The team DID say this about buying credits:

 

All right, here is the PBS Team word on this.

You can sell your PBS Credits here.  (And this should be done in the Book Bazaar, not this Forum.)

You cannot sell anything else.

That means that [removed name], you could have posted "Anyone want to sell me some credits?  Contact me by PM if so," and then in Personal Messages explained what you are willing to pay.  But you should not post a topic selling anything for credits.  If in PM negotiations anyone was willing to accept the currency of another site for PBS credits, then you could make the exchange.  

It is a small point, but there you have it.  Don't hawk your wares (whatever they are) for credits.   But you can ask if anyone is looking to sell credits, and negotiate payment with them privately.

We are sure someone else will find a way to do the above inappropriately somehow, and we will hear from members again asking us to clarify, but for now this is the ruling.

 

Also, this is in the red sticky Book Bazaar rules thread:

  • Requests for buying or offers to sell credits.  This can be done via any payment method the seller likes, at the price the seller wants.  Exception: the seller cannot ask for books at greater than PBS price in exchange for these credits.

 



Last Edited on: 1/29/11 8:44 PM ET - Total times edited: 1
Date Posted: 1/29/2011 9:31 PM ET
Member Since: 1/22/2008
Posts: 688
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This can be done via any payment method the seller likes, at the price the seller wants. 

Where did Becki K. get the information that you cannot use the gift option. I have not seen that anywhere.

Date Posted: 1/30/2011 8:25 AM ET
Member Since: 8/23/2007
Posts: 26,510
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You could ask for an Amazon gift card if you don 't wnat to deal with paypal.  You just give them the email you use for amazon.

Date Posted: 1/30/2011 5:36 PM ET
Member Since: 6/26/2010
Posts: 624
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I'm thinking of going with the Amazon Gift Card.   Thanks for all the help!  

Date Posted: 2/1/2011 7:30 AM ET
Member Since: 11/18/2008
Posts: 99
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I have found the amazon gift card to be the easiest way to buy credits :)