eBay Business Tips - The Secrets of Selling on eBay Using PayPal
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When you start out on your quest to make money selling on eBay, you will be able to offer bidders payment options on your auctions. Your payment options may include credit card payments, snail mail checks or services like PayPal. Of all these, PayPal is the best option.
You are more likely to accept credit cards if you have an eBay store. Merchant accounts are more expensive and not worth messing around with if you do not have a large inventory. Taking checks by mail may increase the number of people who bid on your auctions but the process will take much longer and you will risk the check not clearing after your long wait. PayPal is a great alternative to direct credit cards and checks.
When you accept payment through PayPal, the amount taken out for the transaction is smaller than most other payment options. This means you will see a bigger profit than you would from taking Visa, MasterCard or Discover. With PayPal, winning bidders can use their credit cards for payment and still do it through your PayPal account.
When customers already have a verified PayPal account, they will often keep a sum of money in that account for immediate payments on purchases such as those made due to winning bids on eBay. Payment in this way is very fast and secure.
Even if an auction winner does not have money in their PayPal account, they may choose to have it transferred from their bank into their account within a few days. You will be notified when the transaction has been completed and then you can send the item without concern over payment. It is easier and simpler to make money selling on eBay when you have a PayPal account.
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You are more likely to accept credit cards if you have an eBay store. Merchant accounts are more expensive and not worth messing around with if you do not have a large inventory. Taking checks by mail may increase the number of people who bid on your auctions but the process will take much longer and you will risk the check not clearing after your long wait. PayPal is a great alternative to direct credit cards and checks.
When you accept payment through PayPal, the amount taken out for the transaction is smaller than most other payment options. This means you will see a bigger profit than you would from taking Visa, MasterCard or Discover. With PayPal, winning bidders can use their credit cards for payment and still do it through your PayPal account.
When customers already have a verified PayPal account, they will often keep a sum of money in that account for immediate payments on purchases such as those made due to winning bids on eBay. Payment in this way is very fast and secure.
Even if an auction winner does not have money in their PayPal account, they may choose to have it transferred from their bank into their account within a few days. You will be notified when the transaction has been completed and then you can send the item without concern over payment. It is easier and simpler to make money selling on eBay when you have a PayPal account.
Click Here to download your FREE report called "Instant Money Secrets: How You Can Make $500-$1,000 Per Day Online Using A Simple Secret 3-Step System!" Instant Money Secrets