Re: Q: for eBay sellers

Until they have passed the national clearing house & been presented to the
parent institution for payment they are a liability against your account.
They can tie up your resources for weeks or even more if they're drawn on
some non-FDSI bank in North Podunk. PayPal gives you instant access to your
money so you can put it to work more quickly.

For info on PayPal's seller protection plan:
https://www.paypal.com/us/cgi-bin/webscr?cmd=xpt/ua/PolicySpp


"notbob" <notbob@xxxxxxxxxxx> wrote in message
news:l6ednVHPkI7MfWjZnZ2dnUVZ_vWdnZ2d@xxxxxxxxxxxxxx
On 2006-08-30, Robert Harmon <r_h_harmon@xxxxxxxxxxxx> wrote:

USPS charges a nominal fee). I only accept PayPal; no cash, checks, or
money
orders.....

As you sell items $300+, this confounds me. I am under the impression
paypal will only refund up to $175 for a bad transaction, even if they
do find in your favor. How is this safer than cash or MOs on big buck
items? Is it bad practice to not ship till the MO, or even check, is
cash in your account?

nb


.

Relevant Pages

  • Re: Im cashing out.
    ... 250k per IRA account. ... Do you really need the money within three weeks or so? ... the institutions carefully and keep some cash reserve. ... radical elite. ...
    (soc.retirement)
  • Re: Being an ebay seller when youre on the road
    ... I'm short on cash though, and I was wondering about selling ... money to fund the expedition. ... Have the PayPal money downloaded to your business bank account, ...
    (alt.marketing.online.ebay)
  • Re: Banks win Supreme Court case on overdraft charges
    ... agreed limits then your account cost the banks to run so you get ... At the end of the day the bank needs depositors and needs to keep ... without thier funding the banks wouldnt have money ... The state doesn't like cash floating ...
    (uk.legal)
  • Great chance at Extra Income!! Today 3-3-2006 ive made $3,000 alone! Read On
    ... GET RICH FAST AND LEGALLY WITH PAYPAL! ... IF YOU REALLY WANT TO MAKE BIG CASH FAST, YOU HAVE TO GET IN AT THE ... even more money with the accelerated program because it's VERY NEW ... must have an account on the internet. ...
    (comp.soft-sys.matlab)
  • This is it! As of 2-15-2006 Ive made $20,400 in cash with paypal in 3 weeks!! Read on
    ... GET RICH FAST AND LEGALLY WITH PAYPAL! ... IF YOU REALLY WANT TO MAKE BIG CASH FAST, YOU HAVE TO GET IN AT THE ... even more money with the accelerated program because it's VERY NEW ... must have an account on the internet. ...
    (comp.soft-sys.matlab)