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Won that eBay Auction! Now What Do You
Do? |
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You Won that eBay Auction! Now What Do You
Do?
It's a heady feeling when you win your first
eBay auction: a mixture of happiness and perhaps just a little
fear. After all, there seems to be so much to do before you
can actually get your item. What do you do
next?
The simple answer is: you send payment to the
seller, as quickly as possible. The quicker you pay, the more
your seller will like you, and the sooner your item will
arrive. But how you go about it? That all depends on how you
plan to pay.
PayPal.
PayPal is one of the most popular options for
paying on eBay, to the point where eBay decided to buy the
company. It allows instant electronic payment across the
Internet. Money goes instantly from your credit or debit card
to the seller's PayPal account, where they can either use it
for Internet purchases or transfer it out to their
bank.
eBay offer incentives for using PayPal, and
almost all sellers now accept it. Its instant nature makes
sellers very happy, and means that they can have your item
packed and sent and leave you some positive feedback within a
few hours of the auction ending. When paying by PayPal, you
will be covered by PayPal's own insurances and guarantees, as
well as any that your card might have.
Cheques and Money Orders.
This is payment the old-fashioned way, and will
lead to a long wait to your item. You need to post the cheque
or money order, then the seller has to take it to the bank and
get it cleared, and only then do they send the item. The only
reason to use this method is if either you or the seller
distrusts electronic payment methods. If you're willing to go
to the trouble with these sellers, though, you might get an
item very cheaply, as most buyers just can't be
bothered.
When you pay by cheque or money order, make sure
to print the eBay order confirmation page (it will be emailed
to you) and put it in the envelope with your payment.
Underline or circle key information like your mailing address
and the item number. Finally, remember to be patient: keep in
contact with the seller, as it really can take a month or two
before everything falls into place and your item turns
up.
Money Transfers and Bank
Deposits.
Some sellers may ask you to pay them using a
wire service like Western Union, or simply give you a bank
account number and ask you to pay money into it. Unless you
really trust the seller, this is generally a bad idea - these
methods are hard to trace and you're unlikely to get any money
back if anything goes wrong. Paying in cash, it hardly needs
to be said, is an even worse idea.
It's all a lot to take in, isn't it? I'm sure by
now you've got a few questions, which is why the next email
will be a little eBay buyer's FAQ. Let's hope we can solve any
problems you might
have.
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