[s-cars] Audi Paypal Transaction

[jimk at spotgraphicsinc.com]

As an alternative to wiring money, I recently signed up for c2it
(www.c2it.com).  This is a service offered by Citibank (you do NOT have
to be an existing  customer), the advantages are that it is only
$10/transaction (thus cheaper than "wiring money") and it can be used to
send money internationally (what I need).  The really cool thing is that
you can link it to your credit card, and as long as you use any Citibank
or AT+T Universal credit card, it shows up as a purchase as opposed to a
cash advance - so you then get the normal payment grace period as well
as whatever rewards the particular card offers, if any.  The money can
either be deposited into someone's account or you can have a check sent
to the recipient in their local currency (originating in whatever
country they are in.).  Yeah, $10 is a lot for a small transaction, but
if you need to send a few hundred overseas, it beats sending cash in an
envelope and is cheaper than wiring.  Paypal is not yet an option for
international transactions (that I know of).
No affiliation,
Jim Klein


Message: 1
Date: Tue, 10 Dec 2002 21:15:45 -0800
From: Greg Johnson <gregsj2 at attbi.com>
To: S Cars <s-car-list at audifans.com>
Subject: [s-cars] Audi Paypal Transaction

OK guys, I'm in the midst of a potential Audi parts transaction.   They
buyer has suggested Paypal.  I don't know a thing about Paypal and their

website is in *desperate need* of a FAQ.   Since this is not technically

Audi stuff, can you BTDTs contact me off list and tell me about Paypal.
  Why PayPal instead of wiring money?   A cashier's check? How does the
transaction work?   Most importantly, how does the buyer get paid?   TIA

for your help.

Greg J