So, you are selling products on eBay and wondering if there is any payment option other than PayPal, isn’t it? Though PayPal is the most preferred payment option, there are many other options and best alternatives around the corner as well.
So, let us find out the best possible options and how to opt for them when selling your next product. If you do not want to accept payment through PayPal, you must mention it with your ad on the site.
Seller’s Options for Receiving Payments
There are various options for sellers to receive payments from customers. So don’t worry if you do not have a PayPal account.
Merchant Credit Card accounts
The first option right after PayPal that comes on the list of preferences both by buyer and seller is the Merchant Account. One can accept card payments in this account.
You can set up a merchant account that is actually a bank account directly through eBay checkout. Using this you can accept payments from buyers via credit or debit cards. Once the buyer clicks on ‘Pay Now’ they will be redirected to the payment gateway of yours via eBay checkout. Then they can make the payment for the purchases.
There is a certain fee involved if payment is made using a credit card, you need to take that into consideration. There are no other fees charged by eBay on payment processing.
This is regarded as one of the easiest ways for payment on eBay. The buyer will deposit the money online or in person into your bank account directly. This is also regarded as one of the safest payment options by eBay.
COD or Cash On Delivery
If the seller and the buyer are in the same country, then one can opt for Cash on Delivery payment option. Once the product reaches the customer’s doorstep, the delivery agent will pick up the payment. Payment can be made via cash, money order, cheques, credit card payment, and others.
It is always better to specify what kind of payment option you prefer. This will help the buyer to decide accordingly.
In case of advance payment, the seller can also accept payment via money orders, cheques – personal and cashier’s both. One can easily trace this payment, and there are no extra charges on these payment options.
PayPal is no doubt the default payment option on eBay. However, if you do not want to use PayPal and want to know how to sell on eBay without PayPal, you can use the payment modes mentioned above. For international transactions, the options are restricted to Paypal and merchant account only.