| |
| |
|
Net Auctions and Auction Information |
|
|
|
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. Terry Gibbs is a collector/dealer of old toys and trains, and teaches others how to buy and sell antiques and collectibles. Gibbs is the author of two best selling eBay books "The Auction Revolution," and "The Complete Guide To eBay Consignment Sales." He has also written numerous other books about buying and selling antiques and collectibles. Learn more at his website: http://www.news.iwantcollectibles.com Copyright 2005 IWantCollectibles LLC used with permission.
MORE RESOURCES:
Auctions - Google News |
|
|
|
RELATED ARTICLES
Join the Home-Based Business Revolution Greetings, Friend. So you've decided to go into business. Turn Your eBay Experience Into Even More Profit Everyone's talking about eBay these days. With the frequency of the TV advertising campaigns increasing, and no sign of any sizable competitors the eBay empire is only going to get bigger. E Bay.com HTML Auction Templates: Which is Best for Ebay Selling? There are a plenty of free e bay.com free auction template services out there and I would like to help you find the service that will best suit your needs by comparing what i feel is the top two contenders. How to Sell Your Crafts on eBay Artists, craftspeople and photographers are successfully selling their wares everyday on the online auction site, eBay. According to a recent analysis of eBay sales, a crafts-related item is sold every nine seconds, a scrapbook item is sold every minute, and 40 cross-stitch items sell in an hour on eBay. Why Its a BAD Idea To Promote Hot Selling Products on eBay Do a quick search on Google, Yahoo, or your favorite auction resource site, and you'll quickly discover there are several software programs targeted to vendors who want to promote hot selling products on eBay.The infatuation with hot selling products exists because sellers believe if you target items that have a robust sales pattern, you'll have a better chance at profiting on eBay. Starting an eBay Home Business Do I need to explain what eBay is?If 'Yes', where have you been living for the past 5 years? On Mars?EBay is the world's largest Internet auction site. There are a reported 30,000,000 users, but that number has probably increased in the time delay between me writing this article and you reading it. All Terrain Vehicles (ATVs) Sell Well On eBay ATV auctions are healthy markets on eBay. All terrain vehicles have changed in the last few years (naturally) and the major change has been from one person ATVs to two person models. An Emerging Market in eBay Consignments: The eBay Trading Post (Part II In A Series) In 2002, the eBay consignments business was born, referred to by eBay as the Trading Assistant Program.It's possible that eBay didn't foresee just how much they would benefit form their eBay consignments program. Used Cars For Sale On EBay There are thousands of used cars for sale on eBay everysingle day. In fact, eBay Motors is the most profitablesales division on eBay and naturally there are manyentrepreneurs who are interested in jumping into thismarket. The Effects of eBay on American Merchandising With one brilliantly simple idea, eBay was born just a few short years ago.From its humble beginnings in the Collectibles business, it went on to achieve the lofty heights it enjoys today. EBay Feedback, 5 Key Things All EBayers Should Know eBay's user feedback system is one of the site's most important components. Without the conscientious comments recorded by both buyers and sellers, there would be no way for anyone to build up a trustworthy reputation in the nearly anonymous realm of cyberspace. So, Can You Really Sell EBooks On EBay And Make Cold Hard Cash? Selling eBooks on eBay, and making any worthwhile profit from doing so, is becoming more and more difficult.Gone are the days when you could sell someone else's books on eBay, and it's becoming considerably more difficult to sell ebooks that you might have written yourself or via Public Domain Publications. Be Realistic When Selling on eBay As some of you know, I spent many years buying and selling both on and offline and several of my products are based upon my own experience in this area. I know that the vast majority of my customers and subscribers have an interest in trading whether it be on eBay or at the local market but more and more I am seeing people with completely unrealistic expectations of what they will be able to do. Ebay And Dropshipping, A Marriage Made In Heaven? eBay is the 'BEST' opportunity you can use right now to make money online in the dropshipping business from the comfort of your own home.Thousands of people just like you use eBay auctions on a daily basis to sell and buy products on the Internet; now it's your time to START your own dropshipping home-based business and succeed in the eBay auctions 'game'!There are no special skills required for this dropshipping business, all you need is a computer, Internet access and some basic computer / Internet knowledge. Maria's New Lifestyle: Short Story About The Benefits Shopping On The Net Has Given I've got this strange friend; her name is Maria. Maria's always been a little weird but now things have gotten unworldly altogether. Learn How To Be A Successful eBay Seller Anyone can sell anything on eBay. Open an account, list your product, and wait for the bids to start coming in. 12 Items You CANT Sell On EBay Millions of would-be entrepreneurs want to sell things on ebay. eBay is the #1 home-business opportunity in the world right now, so it's natural that many are eager to find highly profitable items for re-sale on eBay. Just The Ticket - How To Make Hundreds Per Day As A Ticket Broker On eBay! It should be simple - your favourite team/band/theatre play is just about to perform in a couple of weeks. You've waited months for this, now you're going to log on, book the tickets for yourself and your best buddy and bingo?you'll be at the event of the decade for a night to remember. Making Money On EBay Can Be So Simple, Just Let Somebody Else Do All The Hard Work For You OK, so you've been bitten by the eBay bug!You've ransacked the attic, the basement and every other room in your home to find things to sell on eBay.When friends and neighbors ask you where everything has gone, you tell them that you're going for the "Minimalist Look". eBay The Mega Marketplace For Everyone eBay is one of the world's largest market places with over 35 million visitors per day. That first sentence is worth repeating because I want you to realize that eBay gives you the ability to reach a customer base of millions and millions of people which is beneficial to you.
|
| home | site map |
| © 2006 |
