egafd.com

I am looking at opening one of these and was hoping somebody good could me a few pointers seeing as i know very little about this.

Firstly I dont have a credit or debit card, can I open one using just my bank account?

How much does it cost to open an account and how do i pay paypal?

How safe is paypal and how exactly does it work?

Any other tips would be greatly received. They may seem like silly questions but i am not up to speed in this area.


Thanks

This should help you, but I don't use them, they are not as helpful as you think, especially with ebay purchases

We could talk on the subject for hours about this...

I've bought many an item on Ebay,without Paypal.A lot of people will not except it,others swear by it...then we have a catch!

This doesn't give people a choice,of paying by personal cheque or P/O.

BUT the problem with 'personal cheques' are:they could be duds,and it's time consuming waiting for them going through the bank for clearance.P/O cheques are the best way of paying,the client would post the goods the following day.

You could find other ways of paying if the goods are being purchased abroad.You don't deal with certain countries either,such as the Far East.

I tried getting a paypal account once:it was a minefield of pass codes,I gave up...Im glad I did,because I didn't need it after all.

Anyhow,that's my own personal experience in a nutshell.I've always received the goods,I have a high credit rating as a 'good payer' with ebay.(the clients can check you out).Everything fine.

Its handy to have save sending cheques as said before here and postal orders waiting for cheqes to clear its immediate thats a good thing.TheProf wrote:

> We could talk on the subject for hours about this...
>
> I've bought many an item on Ebay,without Paypal.A lot of people
> will not except it,others swear by it...then we have a catch!
>
> This doesn't give people a choice,of paying by personal cheque
> or P/O.
>
> BUT the problem with 'personal cheques' are:they could be
> duds,and it's time consuming waiting for them going through the
> bank for clearance.P/O cheques are the best way of paying,the
> client would post the goods the following day.
>
> You could find other ways of paying if the goods are being
> purchased abroad.You don't deal with certain countries
> either,such as the Far East.
>
> I tried getting a paypal account once:it was a minefield of
> pass codes,I gave up...Im glad I did,because I didn't need it
> after all.
>
> Anyhow,that's my own personal experience in a nutshell.I've
> always received the goods,I have a high credit rating as a
> 'good payer' with ebay.(the clients can check you
> out).Everything fine.

I am a regular buyer and occasional seller at eBay. I don't accept cheques or money orders and don't pay by them. Cashing a cheque costs at least 7 euros and a money order at least 10 euros in my country. That's often more than the item I bought or sold!

I use paypal for transfer of money. Recent example was a transfer of ?20 and I received ?19.75p. I thought the 25p charge was fair as it is such a convenient service.

There was a very believable Phishing email sent around last year.-

Author: Porn crackers
Date: 08-07-06 01:23

Apparently there is a phishing email scam going on pretending to come from Paypal. The person posted this on another forum .-

"I recieved this email this morning:

Military Grade Encryption is Only the Start

At PayPal, we want to increase your security and comfort level with every transaction. From our Buyer and Seller Protection Policies to our Verification and Reputation systems, we'll help to keep you safe.

We have recently noticed one or more attempts to log into your PayPal account from a foreign IP address.We also have reason to believe that your account may have been hijacked by a third party without your authorization.

If you recently accessed your account while traveling, the unusual login attempts may have been initiated by you. However, if you are the rightful holder of the account, click on the link below to log into your account within the above-mentioned period.

https://www.paypal.com/cgi-bin/webscr?cmd=_login-run

If you choose to ignore our request, you leave us no choice but to temporarily suspend your account.

We ask that you allow at least 72 hours for the case to be investigated and we strongly recommend to verify your account in that time.

If you received this notice and you are not the authorized account holder, please be aware that it is in violation of PayPal policy to represent oneself as another PayPal user. Such action may also be in violation of local, national, and/or international law. PayPal is committed to assist law enforcement with any inquires related to attempts to misappropriate personal information with the intent to commit fraud or theft. Information will be provided at the request of law enforcement agencies to ensure that perpetrators are prosecuted to the fullest extent of the law.

Thanks for your patience and understanding as we work together to protect your account.

Sincerely,
PayPal Account Review Department
PayPal, an eBay Company "

Paypal is good for buyers..for sellers it is crap.A buyer only has to say they did not get the goods and paypal debits your account unless you provide a 'tracking number' which buyers often dont pay for!

You can open a paypal account from your bank account and for paying for items it is free to use and convenient. You can also claim the money back if you get ripped off by a seller (never tried it so do not know how long it takes)

As a seller on ebay I find the fees do mount up by accepting paypal, especially on low value items but it is a price you pay for ease of getting paid.

A German joker wanted to buy a cd off me i put on ebay 1st of alll he was asking stupid questions about it eg what colour is it does it have a cat number in the end he said he cwasnt quick enough to bid for it right he then asked me if i still sell it to him i said yes for a fivver plus 2 quid p/p 3 days ago he said he sent money via paypal its a joke i havent even recieved it.

A German joker wanted to buy a cd off me i put on ebay 1st of alll he was asking stupid questions about it eg what colour is it does it have a cat number in the end he said he wasnt quick enough to bid for it right he then asked me if i still sell it to him i said yes for a fivver plus 2 quid p/p 3 days ago he said he sent money via paypal its a joke i havent even recieved it.