Search
Recommended Products
Related Links


 

 

Informative Articles

An Introduction To eBay Consignment
After I started selling on eBay, I was approached by friends without computers who wanted me to sell their items for them. They had heard stories about the outrageous prices items some ebay auctions brought. They knew I could get more money for...

Dropshipping - Can you use it on eBay in the UK as well as the USA?
If you are interested in selling on eBay, you might wonder where you can get items to sell. I'm talking about after you've exhausted the logical first places, such as items in your garage or loft or spare bedroom! One of the drawbacks for...

Five Simple steps to your first eBay sale!
It's surprisingly simple to get started posting your very first auction on eBay. Here's what you need to do. Step 1: Open an eBay seller's account. If you've bought things on eBay, then you already have an account - just log in with it and click...

How To Determine What's Really Selling On Ebay.
If you want to make the most money you can on eBay, then you need to know what sells. But how can you find that out? The Manual Way. If you're just starting out, you might find it easier to simply go to your category, tick 'Completed...

Is There Life After eBay?
Almost all sellers recognize that eBay is where the traffic is. And in auctioning, where the traffic is, the money is also. So why bother with any place but eBay? Because eBay is also the place of highest fees and not always the best place for...

 
Google
Ebay Selling Making Sure You Get Paid

WHEN PAYMENT MATTERS

When everything's settled after the seller has posted a product in eBay, there's only one thing that needs to be accomplished: payment mode.

When selling something, the most important thing a seller must consider is how he or she shall be paid. This is a very risky decision since a lot of fraudulent activities in eBay involve payment.

PAYPAL

This is the most common way of paying a seller on eBay.

PayPal is an online business that facilitates the transaction of transferring a monetary amount between a merchant account and an online buyer. Because it is electronic, it is basically a paperless transaction.

It was in October 2002 when PayPal was purchased by eBay. Before, PayPal was just a choice of most eBay users, whether it's a buyer or a seller. The other choices that time involves eBay's subordinate, BillPoint.

However, due to a relative percentage of PayPal, being the most widely used mode of payment by almost fifty percent of eBay buyers and sellers, eBay had eventually phased out BillPoint and concentrate more on PayPal.

Right now, there is another company that is in the same line of business like PayPal. This competitor is known as BidPay. There had been reports that a number of eBay buyers and sellers resort to this kind of payment scheme.

ESCROW

For high-priced items, eBay recommends that the method of payment should be with an eBay approved escrow service like the one that


can be found at www.escrow.com

Buyers and sellers should take note that there are fake escrow companies lurking in eBay. Hence, it's important to detect if the escrow company that the buyer and the seller deals with is approved by eBay.

EBay recommends that sellers, as well as buyers, should only contact eBay approved escrow companies like escrow.com for Canada, U'.S., and U.K. eBay users; escrowaustralia.com.au for eBay users in Australia; escrow-europia.com for eBay users in Spain and Italy; ebay.iloxx.de for German eBay users; and tripledeal.com for eBay users in France, Netherlands, and Belgium.

EBay strongly warns its buyers and sellers not to do transaction concerning wire transfers like the Western Union. This is a very unsafe mode of payment because it does not guarantee the concerned person that the process will be smooth.

So, it's best for every seller and buyer on eBay to opt for the mentioned payment methods so as to be sure of an honest and reliable business transaction. Besides, eBay will protect the sellers and buyers if the transactions were made under these approved eBay mode of payment.

About the author:



Jay is the web owner of http://www.the-lowest-prices.com Online Shoppping, a website that provides information and resources on online shopping malls and discounts. You can visit his website at: http://www.citydeals.net Online Deals