I have 2 questions about PayPal and I need your help to clarify them:
1. how can I setup a verified address?
2. what happens if I send money through PayPal saying is a gift?

 

Sorry can't answer your first question off the top of my head as it was so long ago since I set up my account. As to sending money as a gift, basically you pick up the fees and the recipient receives the full amount.

 

I believe you get a verified address by linking a credit card or bank account to your PayPal account but it's been a long time for me too.

 

Well, I do not see how you can use your PayPal account without linking a credit/debit card.
Verified address I thought is somehow established after you make a full purchase to that address and in this way you can confirm it is a genuine one.

 

I have used PayPal paying as a gift and Stuart is correct, payee gets full amount and payer pays the fees.

 

This could very well be the case, it's been a long time since opening my account.

 

Is there a way to avoid the PayPal fee? Maybe the gift option?

 

Fees depend on whether you use your pp balance or bank account as opposed to credit/debit cards https://www.paypal.com/us/webapps/helpcenter/helphub/article/?solutionId=FAQ2346

 

exactly. if you send as a gift, you give up buyer protection and have no recourse if something goes sour.

It's probably worth paying the fees yourself even if you are the buyer, or negotiating a 50/50 split between buyer and seller if that's an option.

 

I see. Too much risks.

 

I didn't know I can negotiate the fees and we, seller and buyer, can split them..

 

well, for example, a seller might say a watch is for sale for $1000, and if buyer pays through paypal, buyer covers the fees. in that case, you would pay $1000 + fees, or $1020 (2%) for a US transaction or $1035 (3.5%) for an overseas one. you could negotiate with the seller and say, pay $1010 for the US example which means you're paying 1%, or 50% of the fees. make sense? (not sure what the exact % for fees are right now, just examples)

EDIT: I seem to really like editing my own posts.

paypal fees: https://www.paypal.com/ca/webapps/mpp/paypal-fees

 

The minute someone you dont know wants to change the normal process of a sale.

Run

Credit card and paypal on ebay a must.


Gifts are for scammers, friends and family only

 

FYI: it's against Paypal's rules to ask for a buyer to cover the fees. The way to do that is include the fee in the price, and offer to negotiate a lower price for alternate forms of payment.

 

PayPal 'gift' (aka 'friends and family') does not incur a fee for either party if the funds come from your paypal account or bank account. From the PayPal site:

Sending money to friends and family is free for you and the recipient in the US when you fund the transfer with your bank account or PayPal balance. You can also use a debit or credit card or make an international transfer for a small fee.

 

If I understood corect, the PayPal's fee is always payed by the receiver, aka seller. The buyer and seller can negociate this and they can split the fees.

 

Just because you're paranoid, it doesn't mean they're not out to get you.