Once you’ve met, inspected the vehicle and come to an agreement, it’s time to finalize the deal. There are many options to transfer money, both online and in person. Let’s take a look at the benefits of each.
Requesting or offering deposits for items on the site is not recommended. However, some sellers do request one. Never pay a deposit on a vehicle you haven’t seen in person. If you have seen it and you’re not completely comfortable leaving a deposit, it may be best to move on to another deal.
Cash is often the safest option for sellers because it’s the hardest to fake. However, it’s not impossible. If you’re accepting cash for a large purchase, make sure you know how to recognize counterfeit currency.
Carrying cash as a buyer can have its own risks and can be less convenient. Consider the situation and decide what’s best for you.
Cheques are easier to fake than cash, and there’s no guarantee that they won’t bounce. The safest option is to ask for a certified cheque and go to the bank with them to cash it before you give them the item.
PayPal is a great tool for sending and receiving money online, but it’s important to use it safely. The Kijiji app has a built-in PayPal system that will allow members to complete a payment up to $9,999 directly through PayPal’s secure channels. Payments made through the Kijiji app may be eligible for PayPal’s Seller Protection.
If you accept a PayPal payment outside of the app, double check that it’s genuine. Payment notification emails can be faked, so check your account independently of the email to verify that the funds have reached your account. We do not recommend using PayPal’s Friends and Family payment option, as this skips their internal security and doesn’t offer protection.
If you’re ever not sure about a PayPal transfer, you can contact PayPal directly for help verifying it.
Money Transfer/Western Union/MoneyGram
Electronic transfers are easy to fake, and hard to verify. If you decide to accept payment through one of these methods, don’t give them the item until you’ve been able to confirm with 100% certainty that the funds are in your account.
Note: If any buyer sends you an electronic transfer and then asks you to move some of the funds somewhere else – especially if they require the funds to be moved before you actually receive the money – don’t do it! This is likely an SMS scam.