If receiving over $700, shall I use paypal or escrow?

What can you recommend for receiving payments over $700? Shall I use escrow or paypal?

I am a bit unconfident with paypal due to some reports, which makes me think of an alternative.

I am afraid that once they have received their orders, they will have reports or have their credit card cancel the transaction leaving me with nothing.

 

PayPal.

I use PayPal for $1000 transactions all the time. Anything over $2k - $3k and your going to want to look into Escrow. However this really depends on what product or service is being sold. High value = Escrow, Lower Value = PayPal

 

Choose the one you are comfortable with. PP is ok for $700 deals.

 

Paypal will kill you on fee with that amount lol

 

He can receive the money via personal account

 

I guess that works too..

 

I use paypal for transaction of that
size all the time.

But, it is a risk to use paypal. They
can lock up your account, and take
the money on a whim. If you don't
trust the person sending, you are at
a much higher risk using paypal vs
escrow.com.

 

Try Payoneer or Epassporte. It is much safer. And you can withdraw money from any Visa or Mastercard ATM.

 

I would defiantly go with PayPal, have the sender SEND you the payment instead of accepting it through PayPal's gateway. This will save you from the 3% - 4% fee they charge you.

 

I prefer paypal,you can use both,they are both great.

 

I'd just be wary if you don't know the buyer well they could do a payment reversal through PayPal and can leave you with no leg to stand on, PayPal have a history of siding with the buyer regardless of details.

 

Doesn't it automatically upgrade if you receive more than 500$?

 

I prefer Paypal, I've received up to $1000 in a single transaction without a problem Use PP

 

No,My brother tried.It will not automatically upgrade if you receive more than 500$
Paypal allows only 2 accounts per person.(personal & premier)
You will get 2 premier accounts if automatically upgrade
Thanks

 

Well PayPal have this option, so if you don't have ny trust on your buyer then you should use Escrow service for $700. If you think your buyer is honest then you can accept money in PayPal, but it should follow PayPal policy.

 

Paypal payments is ok, but it's your choice. It depends what products your selling.

 

A digital product (a website). Thanks for the suggestions. I may be using escrow, or possibly Payoneer or Epassporte as suggested above.

 

Do not use paypal! Unless you know very well and sure about the buyer. There could be payment reversal and you will end up losing your stuff/service, money and your time.

Good luck