What is the safest way to pay for an eBay auction?
The safest way to pay for an eBay auction will depend on the various payment options that have been listed by the seller. There are many different payment options such as PayPal, Pay on pickup, ProPay, Bill Me Later, Moneybookers, Escrow payment and Paymate that can be accepted by sellers. While sellers may not accept all these payment methods, PayPal is one option that is generally accepted by most sellers on eBay.
PayPal is a very secure mode of payment when buying things from an eBay auction. It ensures that payments can be made quickly and reliably and all transactions are extremely secure. You can either link your credit card to your PayPal account, or you can choose to pay through your linked bank account. All your payments can be traced easily and conveniently.
When using a credit card to make a PayPal payment, you do not have to mention your credit card number and thus the seller will never have access to that vital information. Since the credit card is linked to your PayPal account, the money you pay gets deposited into the seller’s account directly. Thus, the chances of your credit card being misused are practically zero.
Some transactions on eBay may even be covered by PayPal Buyer Protection. Thus, if you are making a PayPal payment for such an eligible transaction, you could stand to receive the full purchase price of the product that you have paid, in case of any fraud. Any shipping charges paid by you will also be covered.
What is the safest way to pay for an eBay auction
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23 January 2012
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