How to set up a paypal account to buy and sell on ebay?
I’m looking mainly to sell on ebay through paypal, but I don’t fully understand it. Do I need a personal or a premier paypal account? Will it link directly to my bank account?
Any other tips/advice would also be appreciated.
If you plan to sell on eBay then you need more than a personal account. Otherwise PayPal will limit what you can do.
You can link your bank to it but any money you get from sales will go to your PayPal account and you will have to log in to transfer it to your bank.
ALWAYS get on line tracking, (Delivery Confirmation, etc.), to stay safe. If you don’t the buyer can claim they never got the item you sent and get their money back from you.
ALWAYS take good pictures and describe anything wrong with your item you are selling. Even a tiny scratch or stain. Bidders don’t like getting surprised. Communicate with your buyers quickly and fully when the auction ends. Pay attention to your buyers feedback they have left for others.
I strongly suggest you get a simple digital weight scale for shipping. This will save you a lot of time and trouble. eBay will soon be charging their final value fee based on both the price the auction ended at and the shipping charge so make sure shipping costs are accurate to save money.
If you plan to sell on eBay then you need more than a personal account. Otherwise PayPal will limit what you can do.
You can link your bank to it but any money you get from sales will go to your PayPal account and you will have to log in to transfer it to your bank.
ALWAYS get on line tracking, (Delivery Confirmation, etc.), to stay safe. If you don’t the buyer can claim they never got the item you sent and get their money back from you.
ALWAYS take good pictures and describe anything wrong with your item you are selling. Even a tiny scratch or stain. Bidders don’t like getting surprised. Communicate with your buyers quickly and fully when the auction ends. Pay attention to your buyers feedback they have left for others.
I strongly suggest you get a simple digital weight scale for shipping. This will save you a lot of time and trouble. eBay will soon be charging their final value fee based on both the price the auction ended at and the shipping charge so make sure shipping costs are accurate to save money.
References :
When you set up your Ebay and Paypal accounts they take you through all the steps it is not that complicated, there are tutorials to help you. You need a valid credit (or debit) card so that Ebay can deduct their fees every month. If you card expires you have to register your new card, this is how you pay their fees. You only need to register a bank account when you decide to withdraw accumulated funds (from selling items) from your Paypal account to your bank account.
Unless you are going to register as a business seller (in which case you pay more fees) you just have a regular personal Paypal account.
References :
Ebay/Paypal member since 2002