Question re bank transfer

[qing12102000]

I have some questions on payment options.

I have a Seller+ account with eBid.

I have entered my paypal details in eBid.


When I list an item, I choosed three payment options: paypal, credit/debit card, and bank transfer.

I assume that it means buyer can pay using any of the three options, correct?


If the buyer pay by credit/debit card, how do I receive the money? Do I receive the money in my paypal account?

If the buyer choose bank tranfer, how do they know my bank details? And again how do I receive the money? in my paypal acount?





When I set up my account with ebid, I need to verify a debit/credit card. What is the card used for?


Thanks.

Qing

[lofty100e]

Hi From what you have told us you should have only checked (ticked) th paypal and bank transfer options. The credit/debit card option is for people who have the technology to process the cards themselves.

As for the bank transfer option, my advice would be to set up a separate account that is only used for this purpose and can't have direct debits or standing orders drawn on it. (I learnt this the hard way, when someone set up payments from my account due to the incompetence of Nationwide Building Society). When some one buys an item you will receive a message giving their contact details and you would send them the details of your account.

[qing12102000]

Hi From what you have told us you should have only checked (ticked) th paypal and bank transfer options. The credit/debit card option is for people who have the technology to process the cards themselves.

As for the bank transfer option, my advice would be to set up a separate account that is only used for this purpose and can't have direct debits or standing orders drawn on it. (I learnt this the hard way, when someone set up payments from my account due to the incompetence of Nationwide Building Society). When some one buys an item you will receive a message giving their contact details and you would send them the details of your account.

Thank you for the detailed reply.

So ebid does not work the same way as ebay. On ebay, even when buyer pay by debit/credit cards, the money is received in the seller's paypal account.



I think I will just tick paypal as the only payment option for now for peace of mind.




When I am trying to change my listings, I could not log in because ebid is asking me to upload two IDs to verify me. Is this normal?

Thanks.

[madelaine]

eBid is asking you to verify your identity because you have listed a high value item

[astral276]

So ebid does not work the same way as ebay. On ebay, even when buyer pay by debit/credit cards, the money is received in the seller's paypal account.

Buyers can still pay by card through PayPal. The credit/debit card option is for those sellers that have a merchant bank account (which you are unlikely to have unless you run a largish business) and can process card transactions themselves - without needing to use an intermediary such as PayPal.

When I am trying to change my listings, I could not log in because ebid is asking me to upload two IDs to verify me. Is this normal?

Yes, if you are a new seller with no track record and list an expensive item - particularly so if that item is one that is favoured by scammers - which mobile phones are. It's not casting aspersions on you, but simply an extra check carried out to weed out scammers and help protect buyers.

[tony41]

Thank you for the detailed reply.

So ebid does not work the same way as ebay. On ebay, even when buyer pay by debit/credit cards, the money is received in the seller's paypal account.

I think I will just tick paypal as the only payment option for now for peace of mind.




When I am trying to change my listings, I could not log in because ebid is asking me to upload two IDs to verify me. Is this normal?

Thanks.

Yes. eBid does work the same way as Ebay. When a buyer opts to pay by Paypal, they are offered the choice of using their Paypal balance or using a credit card. So a buyer can pay by credit card VIA Paypal. It is nothing to do with Ebay. It applies to Paypal no matter who you are paying.

As Lofty said, you only tick the credit card option of payment if you can process it yourself.
I offer bank transfer and have had no problems. You send your buyer details of your bank account which they use to pay you. The details you give them are no more than are printed on a cheque. Should a bank allow anyone to set up a direct debit or standing order on your account without your consent, they are required by law to correct their mistake. Having said this, I have had very few buyers ask to pay by bank transfer.

[daysailer55]

Yes. eBid does work the same way as Ebay. When a buyer opts to pay by Paypal, they are offered the choice of using their Paypal balance or using a credit card. So a buyer can pay by credit card VIA Paypal. It is nothing to do with Ebay. It applies to Paypal no matter who you are paying..

Yes, eBid works exactly like eBay. eBid offers more choices than Ebay thus the confusion. One does not need to join PayPal to use a credit card.

In the USA one can accept credit cards using a service such as Square or PayPal Here. The credit cards can either be swiped/chip read/invoice sent or manually enter the card number for a higher processing fee charged to the seller. The card readers just plug into a smartphone. Comes in handy at festivals, fairs, and other markets.

[moonwitch]

I include my bank details in the note to buyer bit on every invoice I send

[JaBek1]

Bank transfer is not really a good payment option for US sellers owing to high cost resulting from our banking system.

[Shesawaya38485]

I have agreed to accept credit/debit cards for payment because I can send a request for payment to anyone (if they have Pay Pal or not) as long as they have a verifiable e-mail address/phone number. They would have to send me that information and I initiate a request/invoice through Pay Pal who processes the transaction (of course, for a fee). Since a lot of my sales are from first time buyers I don't want them to feel they have to join eBid and Pay Pal just to pay for their item.