Posted By:
warshawlawI occasionally sell high value cards and I always insist on old-fashioned check or MO for them. Paypal fees are low percentage-wise but high in absolute dollar terms when you are talking four figure sales. If someone wants to use plastic to pay, they can always get a check from the plastic men--seems like I shred a hundred unsolicited cash advance checks a month. I also do not like Paypal's rip and run refund tactics. I'd rather have the check, wait for it to clear, then send the item, to be sure I don't get ripped off.
We also forget wire transfers. If the $$ are large and someone wants to pay quickly and securely, they can always do a bank to bank wire transfer--Wells Fargo charges $10 to receive one, which is far less than Paypal's 2.3% on a sale of $1,000.
I do like the convenience of having paypal to pay for items, but I have never passed over an item I wanted just because the seller did not accept paypal.