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Using
PayPal on eBay |
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Using PayPal on eBay.
PayPal and eBay were made for each other - and
now that eBay own PayPal, using them together is getting even
easier.
What is PayPal?
People with PayPal accounts can send money to
each other securely online. You can deposit money in a PayPal
account from a bank account or a credit card, and withdraw
money to your bank account. It is the most common way of
paying on eBay, as well as being in widespread use on the rest
of the Internet.
Opening a PayPal Account.
It's very easy to get a PayPal account. Just go
to www.paypal.com and
click the 'Sign Up' link. As a buyer, you should get a
Personal account - you can always upgrade later if you decide
to start selling. Then all you need to do is enter your
address, phone number and email address, and create a
password, and two secret questions. You'll be emailed a
confirmation, and then you're done!
If you want to deposit money into the account
now, then you need to register a credit or debit card or your
bank details, and if you want to withdraw money then you need
to register your bank details. There's no need to do anything
like that just yet, though.
Paying with PayPal.
Paying with PayPal is very simple. When you win
an auction and click 'Pay Now', you'll be given a list of
payment methods the seller accepts. You should always check
what the seller accepts before you bid, as there are still
some sellers who won't take PayPal. If the seller does accept
PayPal, it will already be chosen for you on the payment page.
Now you just need to press 'Next', type in your
PayPal username and password and confirm the amount you want
to pay. The first time you pay with PayPal you will need to
enter the details of your card or bank account, but after that
it will remember for you.
Becoming Verified.
You might have noticed that there is a limit to
how much money you can send or withdraw using PayPal before
you need to be verified. Verification has two steps. First,
PayPal deposit some very small amounts of money in your bank
account and you need to tell them how much they deposited.
Second, they need to phone you to confirm your address and
phone number. Once you've done that, all the limits on your
account will be lifted. Log in at paypal.com and click on 'Get
Verified' for more information.
While you've been paying for your items, what
you might not have realised is that eBay occasionally offers
money off coupons. But where do you get them? The next email
tells you all about
it.
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