Originally posted by: Zebo
I'm think of selling some stuff at ebay and I have paypal how does it work? Were does the money go?
any tips for selling at ebay?
You list or "create" the eBay auction, showing a picture, a brief description, your asking price, payment instructions and shipping details.
People bid on your item.
Someone wins the auction, you send them a "congratulations you won" e-mail asking them for payment.
They login to their Paypal account and send Paypal to your e-mail address.
You receive an e-mail notification from Paypal that a payment has been sent to you.
Funds are sitting in your virtual Paypal.com account (it's NOT A BANK
and NOT FDIC
insured). Then you can withdraw
funds into your bank account. It's FREE and in about 3 days the funds will appear in your bank checking or savings account.