I'm about to sell something and receive a rather big amount of money. I know the buyer fairly well, so he would be able to mark the payment as gift and save me $300 on fees.
It's my personal paypal with my real info. Would you recommend doing that?
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No doubt. if you are getting a payment that big then the small $300 in fees should be nothing. When people want to send large payments to me I just offer them free shipping and a huge discount if they send a check or money order. Some take the offer and some done. Doesnt hurt to ask. People do it all the time. I purchased a hot tub locally for my folks and when I went to pay with my CC they owner dropped the price by $500 if I went to the bank and got cash. It was a debit anyway so it didnt hurt to do it. He was going to have to pay the huge Visa fees so he avoided it and even could pocket the money away from the tax man.
Another reason to ask them to pay other than paypal is that you will hit 20k much much faster with huge payments like that.
So which is the safest stealth paypal to stealth paypal transaction? personal? service? mass payment? sending an invoice? which would be recommened? Thank you in advance.