Author Login | Popular Articles | RSS Feeds | Sitemap

Home | Internet-and-business-online | Ecommerce


Four Payment Methods

By: Mary Williams

Today's electronic world pushes the envelop further. With the advent of online trading systems such as eBay, many new forms of payment have flourished.

First of all, on eBay, the mode of payment depends on the agreement between the buyer and the seller. Most often, the seller will specify his or her desired payment method. In these cases, the seller often has primacy in the decisions regarding payment modes. However, the buyer may still communicate with the seller regarding a viable alternative if it suits both parties.

The following is a list of common eBay payment modes:
1. Cash On Delivery
Cash is, after all, still cash. This payment method can be done through a third party courier system or by the buyer and seller meeting each other at an agreed place. The advantage of a cash transaction is that the exchange of the item for payment is done in the presence of the buyer and the seller (or the seller's representative). However, some people will not accept the risk present when two strangers meet.

2. Personal Check
One popular method of payment is personal check. Writing checks is easy and safe. However, many sellers do not like accepting check because they are easy to cancel.

3. PayPal
PayPal is the payment of choice on eBay. In fact, eBay owns PayPal. Using PayPal is easy, convenient, and relatively safe. PayPal acts as like an internet 'wire transfer.' After signing-up for PayPal, one may send cash to anyone with an email address using the PayPal system. PayPal also has security features that safeguard against fraud in case there is a dispute between the seller and the buyer. This system is best for transactions up to $1000.

4. http://Escrow.com
Escrow.com is the payment of choice for purchases over $500. http://Escrow.com holds the buyer's money from the seller until the seller delivers the item. Only then will the funds be released to the seller. This system makes for a very safe, although highly procedural transaction.

5. Wire Transfer
This is the payment of choice for countries that do not carry the PayPal service. Wire transfers are risky because the buyer usually has to wire over the funds before the seller sends the items. The chance for non-delivery of items is high.

6. Other Payment Systems
The number of third party payment services is steadily on the rise. Their systems for payment vary. However, to be successful they must be convenient to use and safe as well.

Article Source: http://www.articlesnatch.com

About the Author:
Mary Williams owns many calling cards websites, including Calling Cards, International Calling Card Secrets ,and Prepaid Calling Card.

| Print | Ezine Ready | |

Recent Ecommerce Articles

  • E-commerce Web Site Company a Fast growing Business stream By: R. Fofalia - E-commerce Web Site Company a Fast growing Business stream According to internet statistics authority, eMarketer, U.S retail in 2007 was worth 127.7bn dollars. As for 2008, the figure has risen to 146bn dollars. Future projections for 2009, 2010, 2011 and 2012 are $164.3bn, $182.5bn, $200.6bn and $218.4bn respectively. In addition, eMarketer stated that 2007 saw 133.1 million individuals shop online whilst that same number will have grown by more than 25 million people by 2012.
  • New technology arrive in India with complete solution of e-commerce . By: syrup - The amount of trading and transactions has grown steadily and rapidly in the past few years with the increase in internet penetration and traders using new and innovative ways to advertise and promote their services over the web. One of the most successful e-commerce domains has been the aviation industry. Almost 90% of the tickets sold on LCC’s and domestic carriers are reserved on the web.
  • Shirts – Formal, Casual, Party Shirts at Lowest Price in India By: Brendon Long - Searching for best and latest designer shirts in the market like formal, casual, party shirts, t-shirts, sports wear and many more? Stop your searching and select the one from the best deals given below: (1). Remy Linen - Combo of 3 Full and Half Sleeves Shirts – WCS Remy Linen was and still is favoured for its fine, strong, cool-wearing properties as it drapes away from the skin rather than clinging on to it thus providing comfort to the skin.
  • It’s hard to imagine life without coupon codes By: Roberto Bell - In this ever-competitive world, it is has become impossible to maintain a good living standard. Because of this overwhelming pressure, you can find more and more people dealing with stress and depression. Inflation in America is also at its best and it is hard to buy different types of consumer goods. In this situation, there remains no other choice but to look for an alternative. The best alternative today is available in the form of online shopping.
  • Latest Fujifilm 11 Mega Pixel Digital Camera at Lowest Price in India By: Brendon Long - Searching for best digital cameras in the market like fujifilm, sony cyber shot, Panasonic, wespro, Samsung, Nikon, wespro, kodak and many more? Stop your searching and select the one from the best deals given below: (1). Fujifilm 11 Mega Pixel Digital Camera Model No: S100FS Features: • Number of effective Pixels: 11.1 Million Pixels • CCD Sensor: 2/3 inch (1.7cms) Super CCD HR Storage Media: • Internal Memory: Approx.
  • Simple Work From Home Opportunities - How To Find Them By: John F Baril - Have you been looking for simple work from home opportunities? There are many to choose from. Working from home is a great idea for people who are looking for a way to spend more time with the family or earn some extra income. One of the simplest ways to make a good income in an Internet business is to join an affiliate marketing business. Affiliate marketing involves you advertising for a business.
  • 9 Tips To Learn How to be an eBay Seller By: Amit Chanana - People run their business from the Internet, search for love, research succulent recipes, plan vacations, and best of all – they SHOP! People that shop are always looking for a bargain, not just any bargain, but something spectacular. The most popular public auction site, eBay, is where people gather to find anything from dishes to jewelry to houses and just about everything in between. Last year there was even a mother sold on eBay!
  • Launch of B2BTradeWorld.com - A B2B Portal for Importers & Exporters with a Difference By: Mark Dave - The B2B Trade Links Pvt.Ltd. is a business-to-business portal for serious people interested in Global business. Welcome to our b2btradeworld portal which gives you a platform to improve your company’s productivity in both the factors of revenue and growth. B2b trade world is a creative and an online B2B portal from India. Our company was established in 2007 and has attained the position of India’s biggest online B2B portal.
  • Sony Dvd Camcorder at Lowest Price Online in India By: Brendon Long - Searching for best branded cameras and camcorders in the market like sony, wespro, aiptek, tcl, palm and many more? Stop your searching and select the one from the best deals given below: Sony DVD Camcorder Model No: DCR-DVD710E Features: With Hybrid Technology, one can record it all directly to either DVD or removable Memory Stick PRO Duo media for quick viewing or transfer to a PC The built-in Zoom microphone with Dolby Digital 5.
  • Things to Consider When Setting up and Ecommerce Website By: Mercedes Aspland - Are you considering setting up an online shop but are not really sure about the details of how to do this? The aim of this article is to outline a list of things that you will need to consider for setting up and running your store. 1. Getting You Stock Find out where you are getting your stock from and whether you need to hold stock.

Search Ebay

Still can't find what you are looking for? Search for it!


Submit Your link to the Open Link Directory Project

Copyright 2005-2008 MJE Sales, LLC. All Rights Reserved.
Proud member of the ArticleCkr Search Network Search Network!
ArticleSnatch.com is free for both publishers and authors to use and is supported entirely from advertising revenue.
Use of our service is protected by our Privacy Policy and Terms of Service.