Receiving money for items before dispatch of goods
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
I'm new to this game, i.e. selling goods online and receiving payment via paypal. Can I have some advice from you experts out there please re: once payment is set up into my account by the buyer, will funds be credited regardless (automatically) within 3 days? I'm concerned about dispatching my goods before money is in my account. Also, is it possible for buyer to withhold payment after setting up?
Thanks,
not very trusting Glutenfree2008
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
When you sell something, the funds are credited to your PayPal Account Balance. After that you ship the item. You can then transfer or withdraw the funds to you bank account if desired.
You should have either a PayPal Premier or PayPal Business Account and make sure that you successfully verify your account before you start selling. You should also familiarize yourself with the PayPal User Agreement and follow the guidelines for Protection for Sellers.
If you're concerned about being scammed, yes, it's quite possible therefore, you need to follow the guidelines in the User Agreement.
Haven't Found your Answer?
It happens. Hit the "Login to Ask the community" button to create a question for the PayPal community.
- Refund not receive on my card in Refunds and cancellations
- Issues with Security & Payments in Access and security
- Receive payments in Implementing PayPal
- Fee deducted from ebay payment in Selling on eBay
- Removed cell phone number continues to receive login codes via text. IT WON'T GO AWAY! in About Settings