| If you have finally decided to jump into the online | | | | and the money will then be in your account, in the |
| business waters and sell your products or other items | | | | currency you choose. Generally, for small items, there |
| through eBay, congratulations! You are well on your | | | | is no waiting time and fund transfers are |
| way to becoming your own boss and, hopefully, you | | | | instantaneous. |
| will soon be on your way to total financial | | | | DRAWBACKS OF PAYPAL |
| independence. When creating your online business | | | | For larger amounts of money, or money that is paid |
| structure, you will have many things to consider, | | | | in less often used currency, PayPal places a hold on |
| whether or not you are an established company | | | | the transfer of at least several business days, which |
| looking to increase its online sales profile, or if you | | | | can hinder your own accounting and may possibly |
| are a sole proprietorship business looking to get on | | | | delay delivery of your product to the customer, |
| your feet for a low initial investment and low | | | | which in turn can make them dissatisfied. Also, if |
| overhead costs, so you can get to profitability as | | | | there is any payment dispute, funds are automatically |
| soon as possible. You will need to decide on many | | | | frozen until the dispute is resolved, and often times |
| things, including a supply chain, a packaging supplier, | | | | PayPal has been accused of removing money from |
| what sort of liability structure you wish to form, and | | | | peoples accounts that it was not entitled to. Be |
| all of it can seem completely overwhelming. One of | | | | careful with PayPal. |
| the things that often gets overlooked in the shuffle | | | | BENEFITS OF E-BILLING SERVICES |
| is trying to decide how you are going to process the | | | | Payments are processed immediately, they can |
| payments of your customers who will hail from all | | | | handle any kind of payment type, such as credit |
| over the world, and will be buying your products in | | | | cards, debit cards, checks, e-checks, mail order and |
| many different currencies. You need to pay some | | | | cash in any currency. Payments are direct, as in there |
| attention to this detail ahead of time, instead of just | | | | is no escrow account, no possible way to "hold" the |
| going with whatever is easiest at the last minute. | | | | funds, with any "default" on the part of the |
| Here is a break down of the two most prominent | | | | customer being the customer's problem only. Also, |
| payment processing services, PayPal or some other | | | | many e-billing services offer great prizes and |
| direct e-commerce billing site such as e-Bill or Epoch. | | | | incentives for new merchants who draw transactions. |
| BENEFITS OF PAYPAL | | | | DRAWBACKS OF E-BILLING SERVICES |
| PayPal is quick, cheap, and offers the ability to | | | | E-billing services do charge a percentage fee of |
| process nearly any payment method that your | | | | every transaction, so you will have to take this into |
| customers wish to use. It is set up as a sort of | | | | account in assessing your final selling price. |
| escrow service, where the customer will put the | | | | A Good EBay Business Will Go A Long Way If You |
| funds into their account, go through the process of | | | | Know How To Improve Sales And Boost Your |
| buying your product and sending the funds to your | | | | Inventory Potential, Visit . Expanding Your |
| account by using your ID or PayPal email address, | | | | Inventory Will Increase Sales. |