I am certainly not advising that you send the money without proper protection/ insurance.
When I used PayPal to receive the funds (selling oem bumpers off a jeep) I used my business account for ease, and frankly didn’t think it through having never sold anything through them.
i was notified by PayPal that the buyer had paid and let him come and pick up the parts. Expecting settlement with PayPal within two days.
Online the status kept at pending. After a month with no money I first started emailing them to an extremely slow and frustrating process of trying to figure out why they would not release the money.
it was all but impossible to get anyone on the phone, but I was able to do so after10 days of them “investigating” the issue through a series of emails
By the time I was connected with a live person with an extremely heavy accent after an hour on hold, my patience was thin. I was eventually transferred to a primarily English speaking manager who did releasethe funds which were deposited into my account two days later.
it turns out because I used my business account, they wanted the original copy of the invoice for my purchase of the bumper from my supplier so they could report the transaction to the IRS.
I bought the jeep new with the bumpers attached,, so I had no such documentation. The jeep was owned personally, not by the business. Which I don’t believe would make this a taxable/reportable transaction. My business is not in any way automotive related.
I know this isn’t your issue as a buyer, but more for anyone selling using PayPal, I would strongly advise caution about transacting through PayPal for any transaction not directly related to your business. If the seller accepts business payment, then great, his issue not yours, but if he comes back resisting, it doesn’t necessarily mean it’s a scam.
I subsequently closed all my PayPal accounts