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Do-It-Yourself e-Commerce Question: How Do You Get Paid?
When selling items on eBay, most sellers use PayPal to collect funds from the highest bidder. PayPal is a program owned by eBay, and they stand by the security of all transactions made through this online service.
Using PayPal you:
- Accept credit cards, bank transfers, debit cards from customers
- Have no monthly, startup, or cancellation fees
- Have no need for your customers to have a PayPal account
- Accept PayPal’s commission rate at 4.9% + $0.30
- Have money deposited immediately to your PayPal account
- Can easily withdraw / transfer money collected
- Can have the item shipped
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These materials were developed as part of the Southern Rural Development Center’s National e-Commerce Extension Initiative. They are based upon work supported by the National Institute of Food and Agriculture (formerly CSREES), U.S. Department of Agriculture, under Award No. 2005-45064-03212 Any opinions, findings, conclusions, or recommendations expressed in this publication are those of the author(s) and do not necessarily reflect the view of the U.S. Department of Agriculture or the Southern Rural Development Center. |