Step #6: Get paid for your item
Once you’ve sold your item, it’s time to collect your price.
Ebay offers a few different forms of payment that you can accept from your buyer. Each system has advantages and disadvantages.
There are currently five payment methods that you can use: Merchant credit card, PayPal, ProPay, Skrill, or payment upon pickup. You’ll want to choose the option that works best for you.
PayPal is a popular option because it’s a trusted website and can be used in many different countries. With PayPal, you will pay a small fee (usually around three percent) for using their service.
This cut comes out of your money and not out of the buyer’s money so plan accordingly.
There’s also another option called ProPay. Like PayPal, you will pay a small fee for using their service. But the advantage of ProPay is that you can accept payments from credit cards.
Both ProPay and PayPal require you to have an account with them in order to accept payment. If you don’t have an account already, you’ll want to sign up now so you’ll be ready when the right buyer purchases your item.
If you’ll be meeting your buyer in person, you can just choose the payment upon pickup method. Whatever method you choose, be sure to make it clear when you’re filling out the item description so there’s no confusion.