Personally, I see PayPal as a necessary evil. It can offer protection for both buyer and seller, but it comes with additional fees. Yes, sellers can get scammed too. Venmo now offers an option for protection. The Seller Seller has a 3 to 4% fee taken out of their payment as a transaction fee. Also, the seller’s money can be on hold until the wig actually arrives to the buyer and part of the protection. There is a place in PayPal where you can add tracking information. When the wig/topper gets delivered, the money is USUALLY released within 24 hours. Often, the buyer will need to go into the app and manually release the money and acknowledge they have indeed received the package. If you do not know the other person in the transaction from the community and feel VERY comfortable with them, it’s best to always use PayPal Goods & Services (G&S). and pay for the extra protection. If you are the Seller, you can ask in your listing that the buyer pays the fee, or add the percentage into your listing. For example, if you are selling a $1,200 piece, multiply 1,200 x 3% = $36.00. The fee will end up being more like $38 due to another transaction fee they include. You can choose to pay the fee yourself, share it with the buyer or have them pay it, depending on how you want to work it out. It offers the buyer protection, too, so they should be willing to work with you.
RED FLAGS!!
If the Seller will only do PayPal Friends & Family (F&F), Venmo, or Zelle, this is a big red flag! If you really
want the piece, you can offer to pay the PayPal fees for G&S. If they don’t want to do that, walk away!
There are SO many scammers in this community. It’s very sad, but true. People steal photos from other
women’s listings and from the major wig brands. This is why you want to make sure the person you are
dealing with truly is selling the piece they are offering. DO NOT send anything you are selling until you
have received the payment. When using Goods and Services (G&S) the money is often held/pending
until the package has been delivered. This is to protect the Buyer. Often, the buyer will need to go into
the app and manually release the money and acknowledge they have indeed received the package. Both buyer and seller should enter the tracking number into PayPal to help facilitate the release of payment.