Post
Topic
Board Service Announcements
Re: BTC buy&sell - best rates from HiRiBi.com
by
alababaju
on 05/05/2017, 20:07:41 UTC
I have two questions please.

1. Can you send PayPal payments in GBP?
My account is GBP and seeing as you're a U.K. company I feel it might be cheaper for both of us to avoid double conversion.

2. Can you send via 'Pay a friend or family'?
That should remove most questions about transaction reversal. Thanks.

Thank you.

Replying my own post.

When I didn't receive a response here I decided to send the above questions via the email address included in the first post. This was the reply I got:

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Hello.

We send only in USD and as "goods and services" but we cover all fees.


Alex HiRiBi Support


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Someone (not HiRiBi) recently just reversed three PayPal transactions after I sent them Bitcoin. Claiming that 'I took' the money from their account and they did not make the order. I am still speaking with PayPal as this just happened yesterday.

However I advise everyone to avoid trading via PayPal if the person you are trading doesn't use the 'Pay a friend and family' method. I don't know why HiRiBi would refuse to pay via a hard to reverse method if we are sending them Bitcoin via an irreversible method.

Also dissapointingly they said they cover all fees, seemingly ignoring the very point I raised above telling them I got less than the quoted amount because of PayPal fees.

There are many ways to reverse F&F transactions as well. Not sure why so many people mistakenly take it as being "safe." It's no safer than sending payment for goods.

Can you tell me how one would reverse a Friends and Family transaction? PayPal explicitly states that it's not covered by Buyer Protection (the reason it's free I guess) and I remember seeing a few posts on the PayPal community page about people who said they were scammed on eBay after the seller requested they send via F&F and they did so, then the seller dissapeared. All the replies were along the lines of "your money is gone".

Please though if you do know how Friends and Family transactions can be reversed, please share. Thanks.