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The Benefits of Using PayPal for Auction Payments There are many ways you can use your PayPal account with eBay auctions. It is very easy, and offers you a great deal of protection when dealing with eBay sellers. You may mistakenly think that the only sellers who accept PayPal are those that display the PayPal logo. This isn't necessarily so. You need to read each individual auction to find out if PayPal will be accepted. There is more than one way to pay a seller with PayPal. If you have a PayPal balance, you can opt to use that balance to pay for your item. You can also have the payment processed as an eCheck, where the funds come directly from your checking account. If you have a credit card or debit card attached to your PayPal account, you can also pay that way. Any payment method you choose from your PayPal account will have the funds deposited into the sellers PayPal account. Opening a PayPal account is quite simple. You simply fill out the information, including information about your banking account. You then verify the account by the two small deposits that PayPal will make into your bank account. At that point, you can add a credit card to your PayPal account if you wish to. You can even add multiple checking accounts, savings accounts, credit cards, and debit cards. Opening a PayPal account is free, and there is very small fee charged when you send or receive payments. While eBay does have a dispute process, PayPal also has a dispute process. Although PayPal is owned by eBay, the PayPal dispute process is much simpler, and much faster than that of eBay. If a seller does not deliver, or the item arrives in less than perfect condition, or not as advertised, you can dispute the charge through PayPal, and you will most likely recover your money. As an eBay seller, failure to accept PayPal as a payment method will hurt the success of your auctions. Adding the PayPal logo to your auction listing will ensure that you get more bids than you would without it. The majority of buyers on eBay like having the PayPal option. PayPal is the quickest way to get paid for your items as well. You do not have to accept PayPal payments from unverified PayPal members. Simply make this clear in your auction payment details. Whether you are a buyer or a seller, the benefits of using PayPal are quite simple.

You get your payment automatically. You will have different ways to accept payments through PayPal. By using PayPal you don't have to give out your important information to anyone. It is secure and safe to use. You can easily transfer money to or from your checking account with PayPal; this makes it easy to access your funds for all types of online shopping. PayPal also offers a debit card to members, which can be used anywhere MasterCard debit cards are used, such as ATM machines or POS machines. For even more convenience, PayPal keeps up with all of your PayPal account history. This will allow you to go back and see what payments were made to whom, and what payments were received, and when money was transferred between your bank account and your PayPal account. PayPal is a viable payment option that you can employ to make your eBay auctions even more successful. In any business, offering your customers more than one payment method is essential. With PayPal, your customers will have the option of paying with their PayPal balance, with an eCheck, or with their credit or debit card. Again, this is one of the fastest ways available to send and receive money.

Ian D Major is the creator of On Line Auction Expert, the one stop resource for information, reports and articles about all things eBay.

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