Jump to content

Welcome to Nissan GT-R Heritage
Register now to gain access to all of our features. Once registered and logged in, you will be able to create topics, post replies to existing threads, give reputation to your fellow members, get your own private messenger, post status updates, manage your profile and so much more. If you already have an account, login here - otherwise create an account for free today!
Photo

PayPal cracking down on gift payments

- - - - -

  • Please log in to reply
18 replies to this topic

#1
Doug@WGP

Doug@WGP

    Stage 4 Member

  • Vendors
  • 2,447 posts
  • Joined 25-April 13
Hey All -

Got an email today from PayPal... they've apparently been auditing our transactions over the past year and stated that it seems many of our customers pay us with gift payments... They've stated that this is a violation of their policies and going forward they'll be monitoring all of the transactions for this type of activity. If it continues they'll be blocking our account from using gift payments... As a result they also applied a 15% reserve to all of our transactions holding the money unavailable for 90 days!

Going forward in response to these issues we'll no longer be accepting or sending any gift payments, and will be offering a 3% cash discount on any payments received!

Has anyone else received a similar email?

Doug Ross
Owner of Weapons Grade Performance
-Northeast/Pacific Northwest Shops where we ONLY work on GT-Rs
-Owner/Builder of the 1st Ever Home Garage GT-R Drivetrain Removal
Cobb Protuner / EcuTek Tuner
-All Wheel Drive Mustang Dyno in House
doug@weaponsgradeperformance.com
Our Online Store
East Coast Location 226 N. Plains Industrial Rd, Wallingford CT 06492 203-668-4765


#2
Aequitas & Veritas

Aequitas & Veritas

    Stage 1 Member

  • Member
  • 119 posts
  • Joined 20-October 15
  • LocationKansas

Not yet, I don't sell a lot but the past 4 sales I've done in the past week have all been gifted. We shall see though


IG - NoCrustGTR


#3
Stuart@T1

Stuart@T1

    Stage 4 Member

  • Vendors
  • 640 posts
  • Joined 29-July 13

We haven't allowed money to be sent in as a gift for as long as I have been here, and probably well before that. Doug, are you assessing CC processing fees on your other non-cash invoices?


  • bpauto likes this

t1sig%20new_zpsrcxzxhwf.jpg


#4
Doug@WGP

Doug@WGP

    Stage 4 Member

  • Vendors
  • 2,447 posts
  • Joined 25-April 13

We haven't allowed money to be sent in as a gift for as long as I have been here, and probably well before that. Doug, are you assessing CC processing fees on your other non-cash invoices?

Interestingly CT law prohibits the addition of card processing surcharges so I've just been eating the 3%, but since we opened the Seattle shop I have been and I'm working on implementing better methods to capture them all the time.

Doug Ross
Owner of Weapons Grade Performance
-Northeast/Pacific Northwest Shops where we ONLY work on GT-Rs
-Owner/Builder of the 1st Ever Home Garage GT-R Drivetrain Removal
Cobb Protuner / EcuTek Tuner
-All Wheel Drive Mustang Dyno in House
doug@weaponsgradeperformance.com
Our Online Store
East Coast Location 226 N. Plains Industrial Rd, Wallingford CT 06492 203-668-4765


#5
bpauto

bpauto

    Stage 4 Member

  • Vendors
  • 544 posts
  • Joined 17-September 13

If you have a "business" PayPal account, the "send as gift" function is completely deactivated. It makes sense, as there is virtually no protection on gift transactions (especially for the payer).


SigRevision23.jpg

 

                                                   213.745.6954 | sales@gt-rr.com                                                   
Official North American Distributor: Top Secret, Amuse, Mines, Do Luck, Varis, TOMMYKAIRA / Rowen, Voltex, JUN, ESPRIT, Top Racing, ZELE + More!

#6
L.L.

L.L.

    Stock

  • Member
  • Pip
  • 23 posts
  • Joined 02-September 16
  • LocationSan Diego

Interestingly CT law prohibits the addition of card processing surcharges so I've just been eating the 3%, but since we opened the Seattle shop I have been and I'm working on implementing better methods to capture them all the time.

 Does CT law allow "cash discounts" ?


IMG_1064_400.jpg

2015 Nissan GT-R Premium

AMS Alpha 9+ Turbochargers | AMS Alpha Induction Kit | AMS Alpha Front Mount Intercooler
AMS Alpha 3" Intakes | AMS Alpha 90mm Downpipes | Litchfield 102mm Triple Silenced Exhaust
AMS 4.0 BAR Map Sensor | AMS Alpha Coolant Expansion Tank | AMS Alpha Splash Shield 

Speed Density on Cobb AP3 | ID1300 Injectors | Tial Q BOV | DW300C Fuel Pumps | GotBoost Flexfuel Kit | GotBoost Fuel Pressure Monitoring Kit 

 

#7
Doug@WGP

Doug@WGP

    Stage 4 Member

  • Vendors
  • 2,447 posts
  • Joined 25-April 13

Does CT law allow "cash discounts" ?

Yes. So basically I have to raise all of my prices by 3% and then offer the discount.

Doug Ross
Owner of Weapons Grade Performance
-Northeast/Pacific Northwest Shops where we ONLY work on GT-Rs
-Owner/Builder of the 1st Ever Home Garage GT-R Drivetrain Removal
Cobb Protuner / EcuTek Tuner
-All Wheel Drive Mustang Dyno in House
doug@weaponsgradeperformance.com
Our Online Store
East Coast Location 226 N. Plains Industrial Rd, Wallingford CT 06492 203-668-4765


#8
Doug@WGP

Doug@WGP

    Stage 4 Member

  • Vendors
  • 2,447 posts
  • Joined 25-April 13

If you have a "business" PayPal account, the "send as gift" function is completely deactivated. It makes sense, as there is virtually no protection on gift transactions (especially for the payer).

Mine is a business account but still allows sending. I think they deactivate it after a certain threshold as stated in their email.

Doug Ross
Owner of Weapons Grade Performance
-Northeast/Pacific Northwest Shops where we ONLY work on GT-Rs
-Owner/Builder of the 1st Ever Home Garage GT-R Drivetrain Removal
Cobb Protuner / EcuTek Tuner
-All Wheel Drive Mustang Dyno in House
doug@weaponsgradeperformance.com
Our Online Store
East Coast Location 226 N. Plains Industrial Rd, Wallingford CT 06492 203-668-4765


#9
bpauto

bpauto

    Stage 4 Member

  • Vendors
  • 544 posts
  • Joined 17-September 13

Mine is a business account but still allows sending. I think they deactivate it after a certain threshold as stated in their email.

 

Wow, that's interesting. I don't believe we've ever had the option activated. Was yours a personal that got converted into a business account?


SigRevision23.jpg

 

                                                   213.745.6954 | sales@gt-rr.com                                                   
Official North American Distributor: Top Secret, Amuse, Mines, Do Luck, Varis, TOMMYKAIRA / Rowen, Voltex, JUN, ESPRIT, Top Racing, ZELE + More!

#10
Doug@WGP

Doug@WGP

    Stage 4 Member

  • Vendors
  • 2,447 posts
  • Joined 25-April 13

Wow, that's interesting. I don't believe we've ever had the option activated. Was yours a personal that got converted into a business account?

Yup :)

Doug Ross
Owner of Weapons Grade Performance
-Northeast/Pacific Northwest Shops where we ONLY work on GT-Rs
-Owner/Builder of the 1st Ever Home Garage GT-R Drivetrain Removal
Cobb Protuner / EcuTek Tuner
-All Wheel Drive Mustang Dyno in House
doug@weaponsgradeperformance.com
Our Online Store
East Coast Location 226 N. Plains Industrial Rd, Wallingford CT 06492 203-668-4765


#11
bpauto

bpauto

    Stage 4 Member

  • Vendors
  • 544 posts
  • Joined 17-September 13

Yup :)

 

Ahhhh, that might be why then.


  • Doug@WGP likes this

SigRevision23.jpg

 

                                                   213.745.6954 | sales@gt-rr.com                                                   
Official North American Distributor: Top Secret, Amuse, Mines, Do Luck, Varis, TOMMYKAIRA / Rowen, Voltex, JUN, ESPRIT, Top Racing, ZELE + More!

#12
socalaviator

socalaviator

    Stage 1 Member

  • Member
  • 129 posts
  • Joined 23-February 15

Maybe try using another option for those customers not wanting to pay any fees like paypal charges?  



#13
doctorspeed1

doctorspeed1

    Stock

  • OEM Member
  • Pip
  • 42 posts
  • Joined 13-September 13

Maybe try using another option for those customers not wanting to pay any fees like paypal charges?

The more recently updated gmail app allows you to request and send money. I haven't used it yet, but I don't believe there are fees involved. I think you need Google Wallet?

https://blog.google/...il-app-android/

#14
cjmatt

cjmatt

    Stage 4 Member

  • Member
  • 406 posts
  • Joined 29-January 14
  • LocationDetroit

try venmo



#15
Chris3g

Chris3g

    Stock

  • Member
  • Pip
  • 70 posts
  • Joined 02-April 14
  • LocationNorthern NJ
PayPal owns Venmo
  • Doug@WGP likes this

2015 Premium Jet Black
WGP built / HKS GT1000 / ShepTrans / EcuTek 


#16
choerizo

choerizo

    Stage 4 Member

  • OEM Member
  • 1,527 posts
  • Joined 12-September 13
  • LocationAustin, TX

I have a business paypal account that still allows gift, but my transactions are very small.



#17
haul s

haul s

    Stage 3 Member

  • Member
  • 382 posts
  • Joined 18-October 14
  • LocationAtlanta, GA

As a business, if your CC transaction processing discount is anywhere near 3%, you need a new transaction processor. Why not ditch PayPal and open a real merchant account?


2014 Nissan GT-R Black Edition - haulin' ass!
sigpic71174_3.gif
---
2004 Audi B6 S4 Sedan MT6 - SOLD - OG ass hauler
Brilliant Red, Black/Silver


#18
Doug@WGP

Doug@WGP

    Stage 4 Member

  • Vendors
  • 2,447 posts
  • Joined 25-April 13

As a business, if your CC transaction processing discount is anywhere near 3%, you need a new transaction processor. Why not ditch PayPal and open a real merchant account?

We have a card processing co at closer to 1.75. We offer paypal as a convenience to our customers.
  • haul s likes this

Doug Ross
Owner of Weapons Grade Performance
-Northeast/Pacific Northwest Shops where we ONLY work on GT-Rs
-Owner/Builder of the 1st Ever Home Garage GT-R Drivetrain Removal
Cobb Protuner / EcuTek Tuner
-All Wheel Drive Mustang Dyno in House
doug@weaponsgradeperformance.com
Our Online Store
East Coast Location 226 N. Plains Industrial Rd, Wallingford CT 06492 203-668-4765


#19
bpauto

bpauto

    Stage 4 Member

  • Vendors
  • 544 posts
  • Joined 17-September 13

Facebook payments are pretty convenient, too. No transaction fees.


  • Tim and Doug@WGP like this

SigRevision23.jpg

 

                                                   213.745.6954 | sales@gt-rr.com                                                   
Official North American Distributor: Top Secret, Amuse, Mines, Do Luck, Varis, TOMMYKAIRA / Rowen, Voltex, JUN, ESPRIT, Top Racing, ZELE + More!




0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users