Showing posts with label paypal account. Show all posts
    Showing posts with label paypal account. Show all posts

    Wednesday, April 15, 2009

    Paying with Paypal on eBay

    Is it safe to use Paypal with eBay?
    I have been an active member of the eBay community for the last 4-5 years and have been using Paypal since day one! Especially now that Paypal has come up with a new policy that you cannot sell on eBay unless you have a Paypal or a Merchant account.
    OPEN A PAYPAL ACCOUNT NOW
    You can also read another post I recently wrote about steps on "How to open a Paypal Account"
    Here are a few advantages and disadvantages of using paypal on eBay:

    Advantages:

    • Secure - no need to give out your credit card and personal details to each seller when you buy something
    • No Monthly Fees or Costs if you a buyer, if you are a seller then fees apply accordingly
    • A lot of eBay users trust and already have paypal accounts
    • Lower transaction fees then 2CO MoneyBrokers and many others.
    • Great for Start up businesses or small volume business.
    • Great for an extra payment option for High Volume and Large Businesses.
    • Fast and easy Payment
    • Easy to transfer funds/withdraw to your credit card whenever needed with only a lot payment of EUR2 per transaction
    • Free to withdraw funds to your bank account if you are in the USA

    Disadvantages:

    • Customer service - takes a long time to solve a problem if you have one, but once you reach someone it usually gets solved
    • Charge backs - easy to file a dispute when you purchase something, so if you are a seller you tend to have problems with customers requesting their money back. (personally have never had that problem - I think if your a good seller and honest your customers should not need to file a dispute against you)
    • Minimum withdrawal amount USD 10, EUR 10, GBP 6, etc
    • High fees, especially when you sell a lot usually a the end of the day you feel the small sums piling up!

    I hope I managed to give a little advice, more my personal experience of using paypal. Overall paypal is great and I would suggest it to everyone. I think its secure and very user friendly. And besides eBay accepts it what else one might need? :)

    If you feel that this is exactly what you need you can open an account by clicking this link :OPEN PAYPAL ACCOUNT NOW
     

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