Is paypal the best way to receive payments from ebay and how does it work exactly? - Yahoo! Answers
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Thomas Thomas
Member since:
April 03, 2009
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20 (Level 1)

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Is paypal the best way to receive payments from ebay and how does it work exactly?

I'm selling something for the first time on ebay and I'm trying to figure out how i receive the payment. I know i can link my checking account to my paypal account but will paypal charge me for selling and if so how much? Any info on paypal and how it works would be useful.
  • 7 months ago

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deco by deco
Member since:
February 06, 2007
Total points:
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Best Answer - Chosen by Voters

Yes, as a seller, you will be paying fees to Paypal.

Here is the Paypal Fee Calculator:

http://www.rolbe.com/paypal.htm

All sellers must accept Paypal now.

Your buyer sends you a payment, which goes to your Paypal account.

You have the option of withdrawing the money into your checking or savings account.

But these accounts must be linked to your Paypal account first.

It is very safe.

I always withdraw my mnoey to my checking account when I reach a certain amount.

Source(s):

Ebay Trust and Safety Board Poster
  • 7 months ago
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Other Answers (2)

  • Cobyy by Cobyy
    Member since:
    August 02, 2009
    Total points:
    1919 (Level 3)
    Paypal dosnt charge your account for any reason (unless you upgrade to pro which isnt needed), when your payment is recieved it is moved into paypal, then from their you can move it into any bank account you choose, it also saves you from sending your bank info to other people who might not be trustworth as you only have to send your payapal username. It is very reliable and if you get scammed or somthing paypal has many ways to get your money back and more. Hope this helps
    • 7 months ago
    0% 0 Votes
  • pz-uk by pz-uk
    Member since:
    February 04, 2010
    Total points:
    295 (Level 2)
    Yes PayPal is the best way to receive payments on ebay.
    • 7 months ago
    0% 0 Votes

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