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7 Steps to Easier eBay Shipping
If you're like me, you probably hate packing and shipping the things you sell on eBay. Don't get me wrong, I love selling on eBay. I just don't like the shipping part. I find it monotonous to hunt for boxes, wrap the items, drive back and forth...
How to Bid Smartly on EBay
In today's hectic world, millions of people have fallen in love
with online shopping... and a fun, unique way to shop online is
at eBay.
eBay has fast become a favorite destination of bargain seekers
everywhere. Buyers get to bid on products...
How to Get eBay Coupons
You have to be very lucky to be one of the chosen few who receive an eBay coupon by email. These coupons are just like cash that you can use towards anything you buy on eBay - the only conditions being that you pay using PayPal, and that you are...
I cannot tell a lie - Washington's hair selling on eBay
Reported in The Enquirer on July 17th BOONEVILLE, KY. An eastern Kentucky woman hopes to fetch at least $750,000 for a Revolutionary War map and a few strands of hair that she says belonged to George Washington. Christa Allen from Kentucky needs...
The 5 Mistakes that lose you money on eBay
I am often asked by subscribers to UK Auctionline web site to
have a look at their eBay listings. This is usually because they
are not doing as well selling their items as they had hoped.
When I go and look at the listing I will often find that...
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Using Paypal for eBay Purchases
Paypal is the preferred payment choice for many buyers because Paypal allows buyers to pay instantly for eBay purchases. In this article, we will review using Paypal on eBay from the buyer's point of view.
Since eBay purchased Paypal, it has become even easier for buyers and sellers to complete auction sales. Buyers like Paypal because they can quickly and easily pay online. In fact, some bidders will only bid on items they can pay for with Paypal.
One thing that confuses buyers is some sellers accept Paypal payments through credit cards, while others only accept transfers. You see, with Paypal a buyer can fund the transaction in three ways. This can confuse buyers, and cause problems.
Here's the three ways to fund a Paypal transaction:
1. Transfer from a bank account tied to the user's Paypal account.
2. Transfer from a Paypal balance.
3. Payment from a Credit Card.
The first two options cost Paypal nothing in processing fees. Credit cards cost about 2 percent to process, and Paypal passes this cost on to merchants. Some eBay sellers do not want to pay this fee for service, so they only accept payments by transfer. This confuses buyers who win auctions and assume a credit card transaction is fine.
Paypal wants users to transfer funds, and not use their credit cards. Not only is this cheaper for Paypal, but there is no risk of a chargeback.
A chargeback is when a buyer reverses the charge on a credit card by contacting his bank. Most, maybe all, banks will reverse a credit card charge with little or no investigation if the card holder contests the charge. The money is taken right out of the merchant's bank account -Paypal in this case.
Paypal makes it
difficult to use a credit card to send money through Paypal. This is done making the credit card payment option difficult to find, and warning users about the "risk" because you cannot buy Paypal's insurance.
With a credit card purchase, you do not need Paypal's insurance. Your bank will reverse the charge free if the seller scams you.
One other way Paypal makes it hard for users to instantly send money with a credit card is by limiting the total amount you can charge.
The first time I tried to use Paypal to pay for an eBay auction, I was unable to use my credit card because the amount was above the limit. That was a $700 item. I think the single item limit is $500, but could not find confirmation of this. The lifetime limit, or total amount you can send all eBay sellers with a credit card is $2,000.
If you wish to pay for an item with a credit card through Paypal you should confirm the seller takes card transactions. This can be done reviewing the auction and looking for the credit card logos adjacent to the Paypal logo in the payment methods screen.
Whenever you pay for an eBay auction through Paypal, you should check the seller's Paypal status. Do not send large amounts to unverified users, and watch that the user's address matches the auction details.
Paypal is an easy way to pay for your eBay purchases.
About the Author
Terry Gibbs is the author of two best selling eBay books "The Auction Revolution," and "The Complete Guide To eBay Consignment Sales." Learn more at his website: http://www.news.iwantcollectibles.com
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