Can someone explain how PayPal protects you and your reservation?

[Sandisw]

I think the key with any DVC rental is feeling comfortable with the owner you are dealing with. A contract is a good idea because it helps to ensure that both owner and renter are clear on all the terms of the transaction. Try to remember that this is a private transaction between you and the owner and that if things go wrong, Disney and a company like Paypal, are not going to get involved.

Up until a guest checks in, the owner owns that reservation and cancel at any time, so if one decides to get into renting this type of reservation, you have to be willing to accept that risk. While it's more of the exception, than the norm, it is something that COULD happen. Your only recourse would be, as others mentioned, to try and sue the owner for return of your money.

One option that may offer more protection, though it costs a little more, is to rent through a company like David's which acts as the middle man between owner and renter. He uses a contract and IRRC, holds back 40 to 50% of the funds from the owner until the guest checks in.. I also believe that if something happens, he will refund a renter's money (not positive). Using someone like this can help those considering to rent a DVC reservation feel a little more comfortable than going with a private person.

Good luck!

 

[Canadian Disney Mom]

I heard we need to pay under "Goods and Services", which has a fee.

You should be able to make the payment as a personal/gift payment without the fee - https://www.paypal.com/ca/webapps/mpp/send-money-online

I have used this a few times with renters and from what they tell me there has never been an additional charge.

 

[supersnoop]

You should be able to make the payment as a personal/gift payment without the fee - https://www.paypal.com/ca/webapps/mpp/send-money-online

I have used this a few times with renters and from what they tell me there has never been an additional charge.

Personal/gift payments come with absolutely no protection and have to be funded from a checking account.

 

[maburke]

Personal/gift payments come with absolutely no protection and have to be funded from a checking account.

But have we not established that there is no protection anyway?

 

[Canadian Disney Mom]

But have we not established that there is no protection anyway?

That is what I thought too & why I suggested the option to avoid the fees.

 

[supersnoop]

True; but I always see the fee as a cost of doing business for the owner. I don't pay that fee when I rent, and there are still some benefits to using a credit card.

 

[maburke]

True; but I always see the fee as a cost of doing business for the owner. I don't pay that fee when I rent, and there are still some benefits to using a credit card.

I give people who rent from me a choice: use a credit card and pay the fees, or use transfer without fees. But I tell them up front that Paypal won't protect them. They can use a credit card if they want, but I don't want them to think they have more protection than they do.

 

[collegejunkie]

Thank you for the replies. We used PayPal Goods/Services for payment protection and used a contract. PayPal was a bit iffy when explaining their protection to me. If you were to buy a week on ebay, for example, there is a listing and description for them to go by in case the person cancels the reservation or something. If you arrange it with someone else, there's nothing to show. With the contract attached to the PayPal transaction, PayPal has a copy of the document. From my understanding, they would be able to step in if I filed a claim.

Hmm.. multiple people have said that there is no protection for rentals. Now I'm a bit worried, but the PayPal rep on the phone said it the way I explained it. I'm not really sure. If anyone has a link to written terms or something specifically about rentals for PayPal, I'd appreciate it!