Hoe does pay-pal work?

Question

i wanna start selling items on ebay and i already have a pay-pal and ebay account, but how does it work for sellers? are there n e fees or scams?

Answer 1

As a seller, you will accept PP as a form of payment. Once you have given PP your account numbers, they will deposit funds into your account (minus a small fee). The more you do with them, the less the fee is.

Scams- the worst that can happen is that you a buyer pays with PP and you ship it out immediately. Lets say that it is a fake account. Then PP will tell you to collect the funds yourself. Their "Seller Protection" is not worth as much as they tell you.

If you are a buyer and the seller scams you, you will be told to try to work it out for many days before they MIGHT intervene on your behalf.

There are many sites that detail how PP refuses to honor their seller agreements. One of them is paypalsucks dot com. There may be others.

Like all merchants, you assume a certain degree of risk with each transaction whether you accept PP or not. But, if you are going to sell on Feebay, then PP is the most common form of payment. That is why Ebay purchased PP-because it is a cash cow.

Answer 2

i comprehend it fairly is not an answer yet I agree, Pay pal is drama, and is ridiculous with their costs, and worst, can bypass into your account every time and take funds without your permission. A provider provider account is a stable option. you additionally can check out MoneyBookers and PayPay. they're corresponding to Pay pal yet a minimum of yet another determination nicely worth looking into.