Tag Archives: PayPal

New AMEX App Feature: Split Purchases & Request Venmo or PayPal Payments from Others

Good morning everyone.  I was checking my American Express credit cards on the AMEX App and was shown a new feature where you can split purchases with friends and family members.  You make the purchase on your American Express credit / charge card and then you can request payment from your Venmo or PayPal account.  Supposedly, this is a “seamless way to split payments.”  In this post, I will show you how the process works.

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Send Offers to Buyers Watching your eBay Items (New Feature / Possibly Targeted)

Good afternoon everyone.  A few weeks ago, Vihn at Miles Per Day wrote an article called Ebay adds the ability to edit prices and quantities to all active listings on one page.  I have been using that repricing feature for several weeks and thought all eBay sellers were aware of that feature, but apparently not.  I have also been using a new eBay selling feature where you can send offers to buyers who are watching your eBay items.  Historically, only eBay buyers could make offers to eBay sellers, not the other way around.  It looks like eBay is experimenting with this new feature.  I haven’t had great success (maybe eBay buyers are unfamiliar with this new feature or the offers I made are not attractive enough to eBay buyers – I don’t know).  But I will show you how to send eBay offers to buyers watching your items.  Sign into your eBay account, click on the Listings tab, and then click on Active (to view all active eBay listings).

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Do This Now: Change Default Payment Setting in Venmo to Private

Good afternoon everyone.  Venmo just updated their app and made privacy a key component of the app.  Doctor of Credit also shared this article from a researcher who analyzed 18 million Venmo users from last year to see who users were paying and what they were paying for.  The main conclusion from the researcher was that most users’ transaction details (except dollar amounts) were publicly available and that most users had no idea that they could make their transactions private.  You might think that sharing your Venmo transaction details publicly is no big deal, “I have nothing to hide.”  But what if you went to the same bar every Thursday evening and paid you friend for “Drinks at Bar123.”  If you had a stalker, they could easily figure out your habits and find you.  That might be an extreme example, but it is possible.

In today’s post, I will show you how to easily change your default payment settings to private.  You can also retroactively change your past payments to private.  As an example, when I sign into my Venmo app, I can click on the globe icon and it will show me all public payments in real time from around the world.  I do not know any of these people, but yet, I can see who they are paying and what they are paying for.  Let’s go through the Privacy on Venmo screens and learn about the different privacy setting levels.

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PSA: Do NOT Use Zelle or Venmo to Pay People on Craigslist, eBay or Strangers Online

Good afternoon everyone, I hope your Presidents’ Day Weekend is off to a great start.  I just spent the last hour or so reading about horror stories where people were scammed on Craigslist when they paid with Zelle (Tech Crunch and Reddit). Since I wrote a post on how to send money to friends (or other bank accounts) with Zelle, I felt that it was my duty to inform my readers about this scam.

After reading the Tech Crunch and Reddit posts, here is how the scam works. The buyer sees tickets on Craigslist and reaches out to the seller. The seller says they can transfer the tickets to the buyer immediately after payment is received and recommends using Zelle, since that is their preferred way to be paid. Luckily, the buyer has used Zelle in the past and *thinks* that since the service is offered by their bank and other big banks, that all transactions are protected. After the buyer pays the seller via Zelle, the seller disappears and stops responding to calls, texts, and emails. The buyer complains to their bank, but since Zelle is set up to pay friends and family members, there is no purchase protection offered through Zelle, therefore, their bank cannot help them recover their money.

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PayPal Extras MasterCard Targeted Offer: 1,000 Bonus Points After Making 3 Purchases

Good morning evening everyone.  I have a short post this evening.  I just received an email from Synchrony Bank regarding my PayPal Extras MasterCard.  If I make 3 purchases between now and February 28, 2018, I will get 1,000 bonus points.  Since 6,000 points = $50 statement credit, 1,000 bonus points is worth ~$8.33.  This offer is targeted and all I had to do to enroll in the offer was click the Activate Offer button in the email.

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