Buying on eBay

[Allovera]

Hi, I have, (for the first time) ordered an item off ebay, I have just received a email to say the item has been dispatched. I have checked my bank account to see if payment has gone through, it hasn't, do paypal take payment after I have received the item I have bought?

[molliemoo]

paypal will take the money - usually you have to set up paypal direct debit
It will come out of your account in a few days probably, mine always is a couple of days after transaction

[Allovera]

Thanks denise.

[annieigma]

Hi,
I have bought and sold loads of stuff on ebay, and I sometimes get worried as the money does not leave my back account for a few days. But I have emailed the customers and they said the money was in their paypal account as soon as i had done the transaction. the catch is that it takes three days to get the money from paypal, so that gives them time to get the money from your account or stop the transaction if need be. If you do not have a paypal account, they do a thing called an "E cheque" This is where you buy something from ebay, and choose to pay via paypal by credit card or bank transfer. paypal then debit your bank or card, and wait for clearance, the seller is informed that you have paid by e-cheque and it will take ten days to clear. once paypal have the funds, they e-mail the seller and tell them it is o.k to post the item. very long winded, much easier to sign up for paypal, takes about a week, then you can buy instantly from ebay and loads of other sellers. Very secure, as only paypal have your details, they are not given to any sellers, and paypal keep a record for you, all free of charge, and, if things go wrong, paypal will contact the seller and hold their payment until it is all sorted, or give you your money back, can't ask for more than that.

all the best,
Annie

[Allovera]

Thanks Annie,I was a bit worried but I feel a bit more confident now.

[wildwood]

If you're talking hours rather than days, it is possible that the sellers has set up automated notification form letters. These are usually only sent like when Paypal notifies them that the item has been paid for.
My purchases get debited from a debit card and goes straight away.

This is unsubstantiated... but I have read that some payment agencies wait a day or two to see if the exchange rate goes up in that time. I suppose when you're talking thousand of US$ it is a bonus.

[grasscarp]

Last week I dispatched an item before I received payment because it was easier to go to the post office just once and everyone else had paid. Got a little twitchy when one person had not yet paid. Sent him a message and he paid up and gave glowing feedback.

[Allovera]

I found it very confusing just trying to buy something, I suppose I have to get used to it and read the rules.

[grasscarp]

It gets easier. The first few years are the most difficult!