List a Payment Method for Your eBay Sales - dummies

By Marsha Collier

Yeah, sure, eBay is loads of fun, but the bottom line to selling is the phrase “Show me the money!” You make the call on what you’re willing to take as money from your auction’s high bidder. eBay offers the following payment options — just select the ones that you like:

  • Personal check, cashier’s check, bank transfers, or money orders. These are only permissible as payment for capital equipment, Real Estate, Adult Only, and some Motors categories, or when a customer picks up an item in person. As a seller, you want to get paid with as little risk as possible. The only drawback? You have to wait for the buyer to mail the money.

  • Credit cards: If you accept credit cards, using PayPal is the cheapest and most convenient way to go. If you have a merchant account through a retail store, be sure to select the little check boxes next to the credit cards you accept. eBay also allows sellers to accept credit card payments from ProPay, Skrill, or the merchant credit card account you’ve set up for your business.

  • Online escrow: An option for selling vehicles in eBay motors,, acts as a referee, a neutral third party. This service charges you a percent of the sale price.