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Taking Paypal on eBay
Accepting Paypal as a payment method might increase your selling prices and your profits. This depends on what you are selling. I sell collectibles to collectors. My clients are like junkies. They will buy regardless of the payment options, so not offering Paypal won't make much difference in the final selling prices. If you sell items with high competition, accepting Paypal will make your auctions more attractive. This also holds true for impulse buys. Plus, you can get paid instantly through Paypal. Here's a few suggestions for increasing your profits by accepting Paypal: 1. Select accept Paypal in the auction listing process to get the Paypal logo into your auction. You can put in the auction description that you accept Paypal, but unless you use the Paypal logo some buyers will miss this Payment choice. Many buyers look specifically for the logo and expect to find it in certain areas of the auction listing. 2. If you only accept bank account transfers, and do not accept credit card payments through paypal be sure to mention this in your auction description and the payment types area. Even after you mention this, you will get credit card payments from some Paypal users. This causes confusion with buyers. 3. One problem that may come up is your shipping schedule. I ship once a week. Some eBay buyers feel that I should drop everything and go to the post office as soon as they send me money through Paypal. This used to cause problems. Now when a buyer sends me money, I quickly email him and tell him when to expect his item. Because I ship on Thursday or Friday, I can tell them their item will be delivered by the next Tuesday, if not earlier. Instead of telling the buyer I will ship the item on Friday, I tell them to expect it on Monday. This changes the buyer's focus from when I will ship to when they will get the item. One last thing before I finish up. I recommend eBay sellers use guarantees. If you take a credit card through Paypal, and later refund the buyer's money, you will be out the Paypal fees if the refund is done more than 30 days after the initial transaction. You need to require your buyer to return the item quickly. 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: Trump Says He Doesn’t ‘Draw Pictures.’ But Many of His Sketches Sold at Auction. - The Seattle Times Michigan DNR land auction: 120 new plots to choose from across the state Detroit Free Press Largest piece of Mars on Earth fetches $5.3 million at auction, but young dinosaur steals the show AP News Broad Arrow Auctions Presents 1-of-4 AWD 1998 RUF CTR 2 Sport duPont REGISTRY News Alabama-based J.M. Wood Auction acquired by Ritchie Bros. in game-changing industry merger Yellowhammer News Sky Rockers Jersey Auction now LIVE Northwoods League Green Estate Online Auction: Soft Close Wednesday, August 6, 2025 chadronradio.com Capturing Liquidity with Cboe's Periodic Auctions Cboe Global Markets Remembering the auction that pitted Trump against Jeffrey Epstein for a Palm Beach estate Palm Beach Daily News Police auction set for abandoned, forfeited vehicles Toledo Blade Juvenile Ceratosaur Dinosaur Fossil Sells for $30.5 Million by Sotheby’s, Third-Highest Price At Auction ARTnews.com The Fast and the Furious: Tokyo Drift Mazda RX-7 Sells for $1.2M at Bonhams Auction duPont REGISTRY News From the archives: Can Trump draw? His sketch of New York skyline sold at auction in 2017 Palm Beach Daily News Fine Ancient Art from the Prince Collection – Featuring the Guennol Grasshopper and Aztec Jaguar Mask GlobeNewswire Valentine Livestock Auction The Norfolk Daily News PEPPER’S UPCOMING 2025 AUCTION The Daily Review New ‘eBay for Government’ Helps Counties and States Auction Off Property, Reduce Waste Good News Network Hoochenanny Festival Launches Rare Whiskey Charity Auction The Whiskey Wash $30 million for young dinosaur skeleton at New York auction Just Collecting Ohioans’ electric bills could climb depending on regional grid auction Ohio Capital Journal Jurassic perk? A rare dinosaur skeleton from a Utah museum sells for massive amount at auction The Salt Lake Tribune Michigan to auction over 100 parcels of land. Here’s a location list, how to bid ClickOnDetroit | WDIV Local 4 California Losing $3 Billion a Year Over Cap and Trade Auctions California Globe Collectors are snapping up anything and everything at auctions — like the ruby slippers from 'Wizard of Oz' for $32M New York Post Global Auction Sales Fell 6 Percent for First Half of 2025, According to ArtTactic Report ARTnews.com River, lakefront and forested land among the 126 properties in DNR’s ‘surplus land’ auction MLive.com US leading index and treasury bill auctions highlight Monday’s events Investing.com Australia Sold: Largest Mars Rock Exceeds Auction Expectations ScienceAlert Rare Dinosaur Fossil Sells for $30.5 Million in Record-Breaking Auction GreekReporter.com Mentor Police Auction on August 2, 2025 City of Mentor, Ohio One 14-day auction stands between abandoned boat, Deep Thought, and new owners Milwaukee Journal Sentinel ULM Athletics Partners with Live Source for Online Auctions University of Louisiana Monroe Athletics Dua Lipa’s One-Off Porsche 911 GT3 RS Heads to Auction hypebeast.com The largest Mars rock on Earth is up for auction in NYC — it could be yours for $4 million (or more) Space Darth Vader’s Main Lightsaber Set for Auction in Rare Opportunity for ‘Star Wars’ Fans (Exclusive) The Hollywood Reporter Fyre Festival Sold On eBay For $245,300 Stereogum Ceratosaur Fossil Auctioned for $30.5 Million by Sotheby’s The New York Times |
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