eBay Auction Home Business Tutorial: Should You Accept Paypal, Checks, Or Money Orders?
Running a successful eBay auction business, like any other business, depends on keeping your cash flow flowing! To do that, you’ve got to decide how you’ll ask your customers to pay for their items after the purchase. You’ve got quite a few options, one being the acceptance of personal checks. I accept personal checks for eBay auction payments, so do many other eBay sellers, and it’s my recommendation that you do so as well. We live in an electronic age, but many people just aren’t comfortable sending payments over the Internet. Accepting personal checks means you have more prospective buyers. If you choose to accept checks, you should do two things immediately. First, decide on your check acceptance policy. Second, make this policy clear in your eBay auction posting. It’s a good idea to hold off on shipping a buyer’s item until their check clears. If you do this, make it crystal clear in your eBay posting. This can take anywhere from 7 – 14 days, and you may want to check with your lo