“Does Grailed only accept PayPal?”, before that let’s look through the Grailed company. Grailed is a private type company that offers different kinds of fashion-related kinds of stuff, apparel, and accessories for men. This peer-to-peer company was founded in 2013 and headquartered in the greater New York area, East Coast, north-eastern United States of America. This company has become worldwide famous as a destination for second-hand designer gear. The company has a diverse range of brands like H&M, GAP, Gucci, Nike, Prada, Supreme, Adidas, Calvin Kline, Chanel, Ralph Lauren, and many more. So, does Grailed only accept PayPal?
Grailed Company deals in:
- Footwear
- Bottoms
- Accessories like wallets, hats, glasses, belts, sunglasses
- Like polos, shirts, sweaters, knitwear, hoodies
- Sneakers
- Tailoring items like formal shirting, trousers, suits, Blazers, Vests, tuxedos
Offers to the customers:
There is a binding offer that states an agreement between the buyer and the seller regarding the payment. The payment is completed only when the buyer makes an offer and the seller accepts the binding offer. Until the seller accepts it, no money is credited from the buyer’s account.
Grailed payment system:
Grailed has partnered directly with PayPal to process all the transactions for marketplaces. This new payment method is smoothly started for handling transactions and gives benefits to the customers. There are many benefits associated with this new payment system:
- Mobile Optimization: Many things such as searching for transactions, attaching shipping information become easier through this payment system. The buyers who usually work on mobile phones can easily check out and have a better experience through this payment system.
- Transparency of payment: There is a single location that outlines fees like Grailed fees, PayPal fees and buyers can profit at one place.
- PayPal Credit: This new transaction system will allow the buyers to pay for the items they have purchased through PayPal credit during the checkout which will increase the sales of the company.
About PayPal:
PayPal Holdings, Inc. Is a public type financial technological industry. This company operates an online payment system in most countries where online money transfers are supported.
Steps to order an item from Grailed website through PayPal:
- The first step to order any item is to locate the item you wish to buy from the website.
- When you decide to buy a particular or a bunch of products, you can buy it by using the” Buy it now” option.
- There is one more alternative to buying which is by making an offer on the item. For making an offer you first need to sign up or log in to the website and then make an offer on the item. When any seller accepts or counters your offer, you will be notified through email or Grailed messages. Now, it is in the hands of the buyer to accept or decline the counteroffer. If you choose to accept the proposal you need to send your payment through PayPal.
- After you have sent your payment through PayPal you will be directed back to the official website of Grailed.
- Now, the website of Grailed opens, and an option called “Pay with PayPal ” pops up. When you click on the pay with PayPal option there appears a prompt showing checkout with credit or debit card under the PayPal login.
- You can use any of the two cards to pay directly without using a PayPal account.
- But if you need to pay from the PayPal account then you first have to sign up or login in to your PayPal account and then do the payment. When paying through PayPal’s account, you qualify for purchase protection.
Can a person sell the items on Grailed without PayPal?
For selling any item at Grailed it is mandatory to have a PayPal business account. On the other hand, if you wish only to buy products on Grailed, it is not compulsory to have a PayPal account.
Conclusion:
Grailed is a company that deals in Men’s fashion products and this website accept payment through a PayPal account. This article covers all aspects of how to use PayPal while buying or selling items at Grailed. This article also answers the question of whether items can be sold without a PayPal account or not, the benefits associated with the PayPal payment system, and the offers given to the customers.
FAQs
- What is the percentage Grailed collects on a person’s sales?
Grailed collects a 9% Commission on a person’s sales and this Commission includes PayPal fees.
- Is selling items at Grailed full of risks and scams?
If a person is doing transactions in an offsite mode then there are chances that this selling will result in fraudulent activity. But, the company actively bans users who do unsafe and offsite transactions.
- Which company owns Grailed?
Grailed was founded by Arun Gupta, who is also the chief executive of the company and this industry is led by Index Ventures.
