No. eBay merely acts as a "platform" (as they say), so the transaction is just between the buyer and seller. Most buyers will want to pay for their items with PayPal, in which case the money will go to the seller's PayPal account and it can either be spent from there, or drawn down to the seller's bank/checking account. Some buyers will prefer to pay by check/cheque if that's acceptable to the seller, in which case the check is sent direct from the buyer to the seller.
All buyers receive a confirmation email from PayPal detailing the amount sent to the seller, plus the date purchased, item number, and title of the auction. Sellers can send an invoice showing the same information if payment is not received promptly. Another answer It's always a good practice to print out all transactions, one for your records and one to place in the buyers box. No, it's not required that you print out transactions but it sure helps keep your records straight.
Paypal is a 'third party payment method'. Put simply - they act as a 'middle man' between sellers and buyers - to protect people's identities. When you buy something online using Paypal - they pay the seller on your behalf, and then deduct the money from your registered bank account.
Yes, PayPal is discreet when making online purchases as it does not share your financial information with the seller, providing an added layer of privacy and security.
Only if the seller acceps paypal.
Most buyers pay for their items using PayPal but it is up to each individual seller to decide what additional payment methods they are willing to accept. If you want to pay using a method other than PayPal you will need to look carefully at the listing page for the item you want to buy and see which options the seller offers.
Most buyers will want to pay for their items using PayPal so you need to have a PayPal account. Once the money is in your PayPal account, you can either spend it directly from there, or you can draw it down to your own bank account. (Sellers can offer other payment methods on their listings, such as checks/cheques, but if the buyer choses to use PayPal, the seller cannot refuse to accept that method of payment.)
PayPal payment status showing as completed typically means that the funds have been successfully transferred from the buyer's account to the seller's account. However, if the seller is claiming that the payment is pending, it could be due to several reasons such as the seller's account being new or having certain limitations, potential issues with the seller's PayPal account, or the possibility of a payment review or hold by PayPal for security reasons. It is advisable for the buyer and seller to communicate directly with PayPal to resolve any discrepancies and ensure a smooth transaction.
The advantage of using PayPal over a debit card is that PayPal offers additional security features, buyer protection, and the ability to make purchases without sharing your financial information with the seller.
As an incentive to pay obligations early buyers are offered discounts by seller
The main benefit of using PayPal for online transactions is that it provides a secure and convenient way to make payments without sharing your financial information with the seller.
If you are a buyer no. If you are a seller yes.