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Buyer using Zelle does this look like fraud?
- Thread starter MarkWtbyCT
- Start date
Main difference is that PayPal will charge you anywhere from 3 to 13% for that "protection". Zelle has no fees.
Glad you asked TB about this first because it is clearly a scam, hate seeing people fall for this crap.
That's fairly common knowledge. There's no free lunch, so insurance comes at a cost. 3% is pretty reasonable to me. I've never seen it higher than that. When/how doest it get to 13%? Is that when there's a currency exchange involved?
Anytime a buyer wants to send you more for a refund later you can rest assured their payment will be fraudulent.
eBay + PayPal will add up to ~13.
3% is completely unreasonable to me considering how much money PayPal makes already, your credit card company includes better protection at no cost. The second something else becomes popular I will happily close down my 15+ year old PayPal account and never look back.
I will never ship anything without payment in full in my hands, period. The only payment service that is at least legit, is Paypal. The rest I don't trust.
It's not even remotely conceivable that the message you received was actually from Zelle.
Also, "fool me once shame on you, fool me twice shame on me." If someone tries to scam me once, there's no way I'm even going to give them a chance to scam me twice. I think you can safely ignore this person.
Also, "fool me once shame on you, fool me twice shame on me." If someone tries to scam me once, there's no way I'm even going to give them a chance to scam me twice. I think you can safely ignore this person.
Exactly.
Zelle is excellent, and does require your bank accepts it. But's it's done all through your bank.
I'd have already fronted him off there's no way I'm sending anything without full payment up front I prefer cash in hand at the time of sale if that can't happen I'll have to wait till it does
buldog5151bass
Kibble, milkbones, and P Basses. And redheads.
Yeah that is an old trick used on CL especially. Who would send an additional $500 with the hopes the other person would refund it?
It’s a scam. Zelle is an instant transfer. Every time. Also, it is not intended for this sort of thing.
Cash, PayPal, or hit the bricks.
Cash, PayPal, or hit the bricks.
The scam is not that. The scam is "I will send you a $2500 payment for this $2000 thing and you'll send me back the additional money." The additional money gets sent back to the scammer before the original $2500 payment is determined to be fraudulent. So the scammer gets $500.
THIS IS FRAUD. ZELLE DOES NOT REQUIRE A BUSINESS ACCOUNT. THIS IS A CLASSIC SCAM. I WON'T SAY WHO THE SCAMMER IS BUT ZELLE DOES NOT WORK LIKE THAT
Zelle using an AOL email account? HA!
I also find it very unusual that the BUYER would agree to send more money above the agreed-on purchase price. If I was asked to do this, I would immediately cancel everything and back out of the sale.
I also find it very unusual that the BUYER would agree to send more money above the agreed-on purchase price. If I was asked to do this, I would immediately cancel everything and back out of the sale.
