What's the best payment method for ebay?

Question

WHEN SELLING, whats the best way to get paid without having to pay anything, check or paypal

(I was told check but i wanted a few other opinions)

Answer 1

check, only disadvantage is that it can delay the process of getting paid.  with paypal, the amount is credited to your account as soon as the buyer pays.

Answer 2

There are direct and indirect costs.  Paypal charges about a 4% fee for money collected but it's easy, quick and safe.   A Check doesn't cost anything, but it takes time and time is money.   Those are indirect costs.

Answer 3

Pay Pal it is secured and reliable.

Answer 4

Open a separate checking account to just run your ebay business, never use your own checking account.

I accept Checks, money orders and paypal.

That way no matter what happens it doesn't interfere with my regular checking account.

I can always withdraw my profit and deposit in my checking account.

My freind didn't do this and EBAY froze his account because of a compaint and he couldn't pay his bills or access his money.

Answer 5

If you want people to bid on your stuff, you really need to take Paypal, with a premier account so you can accept credit cards. It'll cost about 3.5% of whatever you're paid, but 96.5% of something is a lot better than 100% of nothing.