eBay follows stringent payment policies both for sellers & buyers. That is why it is the most successful & preferred online selling & buying platform compared to others.
Today in this blog we will see what kind of payment methods eBay practice. What eBay allows? & what is that eBay don’t allow? Let’s take a look:
The eBay Payment Policy
eBay gives convenient payment options to both buyers and sellers with its payments policy. Being a seller on eBay the security of your payment is of utmost importance. Hence using eBay approved methods of payment guarantees safety of money.
The eBay Payment Guidelines
What is allowed?
eBay allows PayPal, PayPal credit, credit card or debit card payments through sellers account, and payment upon pickup.
The security measures of eBay are very strict & this happens to know in this way that it allows buyers to store their card in their eBay account. And also they can remove the same anytime. Now, that’s Amazing!
What is NOT allowed?
Direct bank transfers in the form of cash aka bank wire transfers, Checks, Postal money orders, and other online payment services.
Certain categories are exempted by eBay to follow unconventional payment tools like those stated above.
What is Restricted?
eBay strictly restricts sending cash through mail, money orders, non-banking cash transfers through Western Union, Money-Gram or others.
Sending checks through mails, bank-to-bank cash transfers, making payments through payment methods that are not specified by eBay.
eBay also restricts asking buyers for any other payment methods than the standard ones.
If these are done then you may face account termination or limitations on your selling rights.
Hence, before you start selling on eBay we advise you to consult our experts. They will guide you through the procedure.
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