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Using Paypal for eBay Purchases


Paypal is the preferred payment choice for many buyers because Paypal allows buyers to pay instantly for eBay purchases. In this article, we will review using Paypal on eBay from the buyer's point of view.

Since eBay purchased Paypal, it has become even easier for buyers and sellers to complete auction sales. Buyers like Paypal because they can quickly and easily pay online. In fact, some bidders will only bid on items they can pay for with Paypal.

One thing that confuses buyers is some sellers accept Paypal payments through credit cards, while others only accept transfers. You see, with Paypal a buyer can fund the transaction in three ways. This can confuse buyers, and cause problems.

Here's the three ways to fund a Paypal transaction:

1. Transfer from a bank account tied to the user's Paypal account.

2. Transfer from a Paypal balance.

3. Payment from a Credit Card.

The first two options cost Paypal nothing in processing fees. Credit cards cost about 2 percent to process, and Paypal passes this cost on to merchants. Some eBay sellers do not want to pay this fee for service, so they only accept payments by transfer. This confuses buyers who win auctions and assume a credit card transaction is fine.

Paypal wants users to transfer funds, and not use their credit cards. Not only is this cheaper for Paypal, but there is no risk of a chargeback.

A chargeback is when a buyer reverses the charge on a credit card by contacting his bank. Most, maybe all, banks will reverse a credit card charge with little or no investigation if the card holder contests the charge. The money is taken right out of the merchant's bank account -Paypal in this case.

Paypal makes it difficult to use a credit card to send money through Paypal. This is done making the credit card payment option difficult to find, and warning users about the "risk" because you cannot buy Paypal's insurance.

With a credit card purchase, you do not need Paypal's insurance. Your bank will reverse the charge free if the seller scams you.

One other way Paypal makes it hard for users to instantly send money with a credit card is by limiting the total amount you can charge.

The first time I tried to use Paypal to pay for an eBay auction, I was unable to use my credit card because the amount was above the limit. That was a $700 item. I think the single item limit is $500, but could not find confirmation of this. The lifetime limit, or total amount you can send all eBay sellers with a credit card is $2,000.

If you wish to pay for an item with a credit card through Paypal you should confirm the seller takes card transactions. This can be done reviewing the auction and looking for the credit card logos adjacent to the Paypal logo in the payment methods screen.

Whenever you pay for an eBay auction through Paypal, you should check the seller's Paypal status. Do not send large amounts to unverified users, and watch that the user's address matches the auction details.

Paypal is an easy way to pay for your eBay purchases.

Terry Gibbs is a collector/dealer of old toys and trains, and teaches others how to buy and sell antiques and collectibles. Gibbs is the author of two best selling eBay books "The Auction Revolution," and "The Complete Guide To eBay Consignment Sales." He has also written numerous other books about buying and selling antiques and collectibles. Learn more at his website: http://www.news.iwantcollectibles.com

Copyright 2005 IWantCollectibles LLC used with permission.


TODAYS NEWS BY OFFICEJAX FREE ADVERTISING AND AD EXCHANGE SOLUTIONSMORE RESOURCES updated Thu. January / 23 / 2020

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Leake Auctions sells $17M of vehicles in Scottsdale  AZ Big Media

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Mecum Auctions kicks off annual motorcycle auction  KLAS - 8 News Now

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Morphy Auctions' Susquehanna Collection makes $2.3M  Central Penn Business Journal

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Frank Sinatra auction: Gold-seated toilet, piano, clock among items from Chairman Suite at the former Golden Nugget Casino  CBS News

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Summary of Renewable Energy Sources Auctions conducted in 2019  JD Supra

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Leake Auctions sells US$17 million of vehicles at its inaugural Scottsdale, AZ event  Yahoo Finance

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104 Vehicles Available at State Surplus Auction Saturday – WKTN- A division of Home Town Media  WKTN Radio

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Stewart's Auction Company stepping into semi-retirement | News  WV News

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Online auction sites are the perfect solutions to your budgeting needs  Komando

Auction calendar: January 24, 2020 - Wisconsin State Farmer
Auction calendar: January 24, 2020  Wisconsin State Farmer

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Amish Acres auction gaining "a good amount" of interest  WSBT-TV

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Chicago developer Hilco’s $240 million bid wins auction for bankrupt Philadelphia refinery  The Philadelphia Inquirer

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Hidalgo County to hold surplus auction in Mission  KGBT-TV

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One year after kidney transplant, 9-year-old auctions prize-winning swine at Manatee County Fair  FOX 13 Tampa Bay

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Most Watched Complete Baseball Card Set Auctions  Sports Collectors Daily

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Tickets on sale for Fishline’s annual gala and...  kitsapdailynews.com

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Public auctions often fetch more for in-demand properties  St. Augustine Record

Three Incredible Supercars from the 2020 RM Sotheby’s Scottsdale Auctions - Forbes
Three Incredible Supercars from the 2020 RM Sotheby’s Scottsdale Auctions  Forbes

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Online Wine Auctions: A Beginner’s Guide  Wall Street Journal

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Kids at Heart auction to fund children's museum exhibits and admission  Midland Daily News

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Preview: The 2020 Las Vegas Motorcycle Auctions  New Atlas

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Denver auction oddities included $2.3M suit of armor, painting by Lancaster artist  LancasterOnline

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Late actor Paul Walker's vehicles garner $2.33 million at Arizona auction  Reuters

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More than 100 vehicles up for bid at Ohio surplus auction  13abc Action News

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Variety of vintage race cars sell well in Arizona auctions  RACER

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Machinery Pete: Highest Auction Price on a Combine – Ever  Agweb Powered by Farm Journal

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Bipartisan Bill Would Ban Reverse Auctions for Federal Construction Contracts  GovExec.com

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FCC Prods Bidding in 5G Spectrum Auction  Multichannel News

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Wisconsin fur: Finnish auction house takes over Stoughton mink trading hub  Madison.com

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Rare '48 Tucker is just one of the million-dollar-plus cars up for auction this weekend  Yahoo Finance

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ArcelorMittal Nippon Steel participating in Odisha iron ore mine auctions: CEO Dilip Oommen  Hellenic Shipping News Worldwide

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F1 community to stage auction to help Australian bushfire victims  Formula 1

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At Skinner auction house, a forgotten painting gets its moment  The Boston Globe

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Phoebe Waller-Bridge Auctions Golden Globes Tuxedo on Ebay to Aid Australia Fires  Hollywood Reporter

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Land Auction Results indicate a stable Iowa Land Market  Osceola Sentinel Tribune

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McGavock auctions off Patrick Mahomes firefighter helmet for Lubbock families of first responders  KLBK | KAMC | EverythingLubbock.com

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Bugatti, Aston Martin, and other historic cars to sell at auction that could generate $60 million  Yahoo Finance

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‘Mona Lisa of Mustangs,’ Raced in ‘Bullitt,’ Sets Auction Record  The New York Times

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7 Interior Designers Shop the Mario Buatta Auction  Architectural Digest

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3 Ways to Navigate First-Price Auction Adoption  Adweek

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India to auction rare art belonging to diamond magnate arrested in UK  Reuters

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Pair of Homes in Sundance, Utah, Will Hit the Auction Block  Barron's

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A 1995 BMW M3 Powers Late ‘Fast and Furious’ Star Paul Walker’s Car Collection to $2.3 Million at Auction  Robb Report

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Barrett-Jackson Celebrates Highest-Grossing Auction in 49-Year History With Over $141 Million in No Reserve Sales  Yahoo Finance

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Overbrook High School team photo with Wilt Chamberlain up for auction  Sports Collectors Daily

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mmWave auction poised to resume, on path to $6B  FierceWireless

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Paintings Made by JFK Among a Memorabilia Auction Asking $1.5 Million  Observer

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50 Hottest Baseball Hobby Boxes at Auction on eBay  Sports Collectors Daily

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Hidalgo County hosting surplus auction on vehicles, equipment this weekend  KGBT-TV

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GreatCollections' January 2020 Auction of US Coins Tops $3M  CoinNews.net

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School auction prices affirmed - News  The Wyoming County Examiner

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Jimmy's Restaurant auction halted as business files for bankruptcy  Baltimore Business Journal

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U.S. Government Sets Record for Debt Auctions  Wall Street Journal

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GALLERY: Signed helmet auction to benefit ‘Special Spectators’  WKRG News 5

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Get 75% off Today at SCHI's auction! Biggest discount ever!  Yeshiva World News

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'This changes everything.' The Farm's tax debt has been paid; IRS auction canceled  The Cincinnati Enquirer

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Bayshore Mall auctions off food court items  WISN Milwaukee

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STRIVE PTO hosts summer camp expo and silent auction  MercerMe

Lyle Area Cancer celebrates 41st auction and milestone - KTTC
Lyle Area Cancer celebrates 41st auction and milestone  KTTC

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First round of Taiwan's 5G auction ends with total bids of $4.6bn  Rethink Research

Frank Sinatra's gold-seated toilet among items up for auction in New Jersey - msnNOW
Frank Sinatra's gold-seated toilet among items up for auction in New Jersey  msnNOW

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Philly refinery auction said to attract Chicago developer that rehabs industrial properties  The Philadelphia Inquirer

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Brian Testo Associates, LLC Announces the Auction Sale of the International Women's Clothing Brand Wildfox Couture, LLC  Yahoo Finance

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Industrial site developer wins Philadelphia refinery auction  Energy News Network

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Stoner auctions race-winning MotoGP leathers for bushfire appeal  crash.net

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Next E&P auction planned for April  Bangkok Post

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1958 Plymouth Fury Known as 'Christine' Up for Auction  womiowensboro.com

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Tennis Auction To Raise Funds For Bushfire Relief  ATP Tour

Empty Bowls Detroit Auction - Hour Detroit Magazine
Empty Bowls Detroit Auction  Hour Detroit Magazine

Amish Acres auction drawing nationwide interest | State News - Kokomo Tribune
Amish Acres auction drawing nationwide interest | State News  Kokomo Tribune

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Heritage Charity Auction Settles with EEOC in Employment Discrimination Suit  The National Law Review

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Memorial mansion once listed for $7M sells at auction  Houston Chronicle

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U.S. millimeter wave auction reaches more than $7B  FierceWireless

'Lost' LS Lowry painting fetches £2.65m at auction - BBC News
'Lost' LS Lowry painting fetches £2.65m at auction  BBC News

Mustang From Famed ‘Bullitt’ Car Chase Heads to Auction - IOL
Mustang From Famed ‘Bullitt’ Car Chase Heads to Auction  IOL

The weird, wacky, colorful and just plain rad of Barrett-Jackson Scottsdale - Autoblog 日本版
The weird, wacky, colorful and just plain rad of Barrett-Jackson Scottsdale  Autoblog 日本版

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Cancer Crushers: 8th Annual Wings for a Cure dinner and auction will be in April  KRCRTV.COM

Copart: Online Damaged-Vehicle Auction Site Has A Long Growth Runway - Seeking Alpha
Copart: Online Damaged-Vehicle Auction Site Has A Long Growth Runway  Seeking Alpha

Auction benefit for Matson seeking donations, officer undergoes surgery - Southernminn.com
Auction benefit for Matson seeking donations, officer undergoes surgery  Southernminn.com

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All eyes on Scottsdale; Ahead of Arizona auctions, classic car market dips  Phoenix Business Journal

Vintage MBTA trolleys up for auction - The Boston Globe
Vintage MBTA trolleys up for auction  The Boston Globe

See what Barrett-Jackson 2020 auction has in store with its largest docket ever - Phoenix Business Journal
See what Barrett-Jackson 2020 auction has in store with its largest docket ever  Phoenix Business Journal

Planning underway for 2020 Piccadilly Ladies Night Out Auction & Gala - kttn
Planning underway for 2020 Piccadilly Ladies Night Out Auction & Gala  kttn

Neon-filled fundraiser benefitting Cameron K. Gallagher Foundation in live auction, wine toss - WWBT NBC12 News
Neon-filled fundraiser benefitting Cameron K. Gallagher Foundation in live auction, wine toss  WWBT NBC12 News

Thailand Eyes as Much as $2 Billion From 5G Spectrum Auction - Bloomberg
Thailand Eyes as Much as $2 Billion From 5G Spectrum Auction  Bloomberg

Ohio State-Michigan football game weekend package among Naples Winter Wine Festival online auction lots - Naples Daily News
Ohio State-Michigan football game weekend package among Naples Winter Wine Festival online auction lots  Naples Daily News

Barrett-Jackson prepares for unprecedented Friday and Saturday auctions - AZ Big Media
Barrett-Jackson prepares for unprecedented Friday and Saturday auctions  AZ Big Media

Steve McQueen's long-lost 'Bullitt' Ford Mustang sold at auction for $3.4 million - Fox News
Steve McQueen's long-lost 'Bullitt' Ford Mustang sold at auction for $3.4 million  Fox News

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Wyatt Earp's 'Vendetta Ride' shotgun to sell at Heritage Auctions  JustCollecting News

An Inside Look at the Mario Buatta Auction — a Coveted Collection From the 'Prince of Chintz' - PaperCity Magazine
An Inside Look at the Mario Buatta Auction — a Coveted Collection From the 'Prince of Chintz'  PaperCity Magazine

Fish fry/live auction to benefit Keiser park - Osceola Times
Fish fry/live auction to benefit Keiser park  Osceola Times

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