Out of every US$100 spent in electronic transactions nearly US$.18 to US$25 cents constitutes to electronic fraud. That is the reason why customer protection is one of the most important priorities for EBay. Although eBay and PayPal are trying their best to protect our money, you need to be careful while making transactions with any person.

It is recommended to make transactions through PayPal for security purposes on EBay. Currently it has become mandatory to create a PayPal account before creating an EBay account. The reason is to avoid any kind of electronic fraud while making payments. EBay offers protection for both buyers and sellers and has a lot of features and tools that will help you detect fraud. Before buying or selling products on eBay it is highly recommended to read the terms and agreement policies of PayPal. There are several people who get into problems as they do not read the PayPal user agreement.

EBay and PayPal – Buyers Protection

EBay has an agreement with PayPal to help protect customers of EBay, by making online transactions through PayPal. You can claim the money if you do not received a product you purchased on eBay. Also, protection against those items which has a wrong description or even if the description of the product does not match the actual item. For example, if you are purchasing a laptop and if it says “Sold as is” in the picture. And when it is shipped and if the item is different, you can claim refund on eBay. Another important thing is that EBay offers unique protection for items exceeding US$2,000. You can read these terms and see in detail about the kind of protection you would receive from PayPal in detail when you are signing up.

EBay and PayPal – Sellers Protection

In the same way EBay has protection plans for buyers, merchants are equally protected too. Sellers can also be victims of electronic fraud. In other words, malicious scripts can use the credit card information of other people and impersonate their personal information to purchase items. This could put such online traders in trouble, as severe penalties would be imposed on any person who is caught doing such illegal activities. This is why EBay keeps all its members updated about the new techniques used to cheat people through electronic fraud. EBay always ensures security of its users as their top most priority.

The most important thing is that all the transactions you make online through EBay remain completely safe and secure. In this article I would like to share some important tips with you that will come in handy if you are going to buy or sell goods and services through EBay.

1. Don’t rush in to purchase products:

There are people who think that a purchase could be done in a snap. But, you should take your time while purchasing. The additional advantage of EBay is that if you like an item, you could save it by clicking the option “watch this item” and that item will be saved in your list. Buying on the internet is easier than purchasing an item from a store. It could be much easier if you read well and take time to buy a product. There are many people who have lost their money; just because they purchased an item that they really had no use of it. Rushing through a sale is your worst enemy when you are purchasing something on the internet, especially through EBay.

2. If you don’t understand something ask questions:

For instance, if you are buying a mobile phone and you are unsure if it is a CDMA or a GSM mobile, ask questions to the seller. Most of the merchants are very informative when they sell an item. And the only thing you have to do is read about the product, and if you are unable to understand the description of the product, write an email to the merchant who is selling that item. EBay also has a wide documentation about the complete process of selling and buying through their website.

3. Don’t forget to check the payment method:

The payment method is very important. Although the main payment method used on EBay is PayPal; there are several sellers who accept only credit card payments. Also if you are not able to pay through PayPal or a credit card, towards the end of the item’s description you would find information with regards to the payment method. There are merchants who accept payments through money order, e-Checks and various other methods.

4. Don’t forget to check the condition of the item:

This part of the description of an item is very important. There are people who don’t like to purchase old items, but on the EBay you would find products that are used or pre-owned. You could also find a lot of refurbished items. Most of the refurbished items are the ones which can be used in an electronic product such as Laptops, Computers and mobile phones.

5. Don’t forget to summarize the price with the shipping fees:

Sometimes people only read the price of the product. You must summarize the price for the product plus the shipping fee.This will give you an accurate amount that you are going to pay in total.

6. Be care of the pick up only items: It is very important to check the description which appears on large and heavy items such as Televisions, microwaves and others. There are items which mention “pick up only” in shipping. Be careful about such items because if you stay far away from the seller and if you purchase a “pick up only” item, it means that you are going to pick up the item from the seller’s place directly. There are many people who don’t read this, and have lost their money. Avoid such errors and always read twice before purchasing on EBay.

The first thing you must do is register as a user of EBay.com. If you are simply searching for the price of a product or looking for some type of service you would like to take, you could do it without registering also. But if you have a serious intention of buying something through eBay you should register.

The registration process contains a list of fields where you need to enter your personal information. EBay requires all of its members to input information, such as name, last name, country, city, Zip Code and other information related to you. Also few other crucial information required for registering on EBay are your shipping address and your credit card information. It is important for EBay because with this information they can cross verify all the data submitted by you.

Furthermore, there are strict security measures in order for you to have full protection on EBay. Once you complete your registration process on EBay and they confirm that your information is valid, you would be able to start shopping or Bidding on EBay. The great advantage of EBay is that you have three modules to purchase products. The first is through direct purchase, the second is through bidding purchase and the third is through EBay Express where you will have a simpler yet easy process of buying.

Once you have completed registering you can search for an item you would like to buy. You can purchase the item immediately or participate in a Bid. If you use the bidding method, you could offer a certain amount of money for the product or service. For instance if the price of an item is set as US$5.00 for buying it immediately (or mentioned as buy it now on eBay), and assume the bid is open only for 5 days; you can start off by offering US$1.00 as a bid. There would be several other users bidding different amount as well.

The person who bids the highest amount is the winner. If you are the highest bidder when the bid finishes, EBay will send you an email notifying that you are the winner of the Bid. And the shipment of the product will be processed within 7 days, from the time you have paid for the item you have won.

EBay has a very secure system and you will be notified via email throughout the entire process. Even during the bidding process if someone offers a higher bid than you, you’ll receive a message saying you have been outbid.

Once you pay the amount for the item, you will receive an invoice saying that you have paid the item and it would be shipped to you shortly. When you receive the item and if the product is good or in working condition, you can leave a positive feedback for your seller, regarding the service you have received or you recommend this seller to the other buyers out there. There are many people who do business on EBay for a living. So EBay is considered one of the most important platform to buy or sell products online.

1. You must register on EBay:

The first thing you must do is register on EBay filling all the information required in the form. You would have to fill your personal information. Then must choose an ID and a password. This ID will be unique; it will be a nickname which will be used by you always when you need access to your EBay account. Most of the merchants use names relating to their business. For instance, if the name of my business is “Easy Purchase Corporation” my ID could be “easypurchasecorp”. Also you must provide information related to your shipping address and credit card information. All the information you input should be true and it will be confirmed by EBay, they would verify this information with your credit card company.

2. You must get a merchant account EBay:

During registration you must register your account as a merchant or a seller. The requirements for selling and buying are different for EBay. It is critical for them to guarantee the security of both.

3. You should have a PayPal account verified with a Credit Card:

Having a PayPal account you will have easy access to receive online payment through PayPal. To get a PayPal account is very easy and the steps are simpler than signing up for an EBay account. PayPal is the processor that makes a connection between you as merchant, your customer (the seller) the issuing bank (the bank that issued the credit card to the seller) and your merchant account. PayPal has a mission, to do the dirty work for you. You only must submit your items on EBay and for this you will have to pay a little fee per item. This fee will be taken by EBay the moment you make a payment; effectively the transaction will be reflected in your PayPal account.

4. Start selling goods and services through EBay:

Now you can start selling goods and services. The procedure to configure and submit items is very easy. The graphic user interface is very simple and user-friendly; you can submit several items in just few minutes of your time. EBay has a help link containing detailed information about the selling process. Also every time you make something on EBay you will receive a message in your email account notifying what you have done and what the next step is, that you have to do.