July 16, 2008 – 11:07 pm
Starting from March 2008, eBay sellers
Effective March 2008, sellers may be required to offer PayPal or a merchant credit card as one of the payment methods for a specific listing.
Providing other methods of payment may save you a little money or cost you a lot.
Let’s see what payment method there are currently prohibited in eBay
Paypal: The most trusted payment gateway in eBay currently.
Pros
They are owned by eBay themselves
Simple and easy to register and pay for your eBay purchases.
Low transactions fees for Sellers
Free for Buyers
Do not require you to expose your credit card number online, therefore reducing fraud.
PayPal Buyer Protection offers up to $200 coverage on eligible transactions at no additional cost. Depending on the majority of transactions may sometimes be covered up to $2000. See eligibility.
Cons
Paypal protects buyers instead sometimes if you get a charge back from a unhappy customer it entitles the customer for a full refund including the shipping cost.
Make a search with Paypal sucks in Google and view the results.
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