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Any reason not to let someone use PayPal Credit?

Posted: Wed Jun 01, 2016 12:08 am
by harlequintde
I completed a trade back in 2015 with the buyer requesting that I send him an Invoice via PayPal so that he could use a 0% financing option through PayPal Credit. At the time, I didn't see any reason not to, as it looked like the sale would be protected on my side as long as I followed the normal rules(retain tracking information, signature required for delivery, only shipping to the address on the paypal payment receipt).

I did a quick search and nothing came up, but I figured that it doesn't hurt to ask as I've had another buyer request to use it to pay for their purchase., Anyhow, if anyone has had a bad experience, or a good reason not to use a US based buyer use it to purchase from me, please do share!

Thank you for taking the time!

Re: Any reason not to let someone use PayPal Credit?

Posted: Wed Jun 01, 2016 5:26 am
by Tyrius
It should be the same as a normal payment for you but It would allow them to make payments on the purchase to paypal. It's just a credit line through paypal. If they don't make the payments to paypal it's the same as them not paying for any other credit card.

Re: Any reason not to let someone use PayPal Credit?

Posted: Wed Jun 01, 2016 4:07 pm
by reegsk
What Tyrius said.

With PayPal credit, any purchase over 100% to a business or via an invoice gets 6 months of 0% interest. If you just send the money, it doesn't count as a purchase, so you don't qualify. But on the seller end, it comes through like any other payment, with the same protections and everything.