Query on PayPal payments


kieran-hurley
Free Member
  • Posts: 12
  • Joined: 21 Sep 13
  • Karma:
12 Oct 14 11:36:45 pm
When someone buys my product on eBay by PayPal or whatever payment platforms, do I get paid in full so I can pay the supplier from customer's money?


rachel_ramos
Site Admin
  • Posts: 442
  • Joined: 10 Jun 14
  • Karma:
13 Oct 14 12:36:56 am
Hello Kieran,

I guess, it will all depend on the type of service you have with your suppliers.
Basically, if you are using dropshipping, the payment of the buyer comes in first and then once they have received the product, that's when you will be receiving the invoice from the supplier.
Via wholesale, well, technically, you should have already paid off the supplier and once the buyer makes that payment, you'd have the money in your paypal account, in like 1 to 2 days.

The only wall here is if the service on eBay will call for a hold on the account, or even paypal, which you can read here:

Link hidden: Login to view

Hope this helps.


kieran-hurley
Free Member
  • Posts: 12
  • Joined: 21 Sep 13
  • Karma:
13 Oct 14 01:07:15 am
rachel_salehoo wrote:Hello Kieran,

I guess, it will all depend on the type of service you have with your suppliers.
Basically, if you are using dropshipping, the payment of the buyer comes in first and then once they have received the product, that's when you will be receiving the invoice from the supplier.
Via wholesale, well, technically, you should have already paid off the supplier and once the buyer makes that payment, you'd have the money in your paypal account, in like 1 to 2 days.

The only wall here is if the service on eBay will call for a hold on the account, or even paypal, which you can read here:

Link hidden: Login to view ... ment-holds

Hope this helps.


Hi ya Rachel,

I am buying from Amazon and selling on ebay if someone from ebay buys from me will I get the money straight away so I can pay Amazon or if money is on hold will my debit card allow me to spend the money on hold to make the sale so I can afford to buy from Amazon


rachel_ramos
Site Admin
  • Posts: 442
  • Joined: 10 Jun 14
  • Karma:
13 Oct 14 01:30:05 am
Hi Kieran,

Unless you are a regular on eBay and able to follow their policies, you can.
There are stories on HOLD procedures if you do not have proper feedback from your customers and this may be a hindrance for you on paypal and ebay.

But if all things go through smoothly, it might take about 1 day for you to receive payments from your buyers.


gotyourwants
Full Member
  • Posts: 25
  • Joined: 03 Jun 14
  • Karma:
13 Oct 14 12:08:25 pm
Here is a link to the PayPal user agreement if this helps.

Link hidden: Login to view


I have been selling on eBay for several years now so I don't recall if there were any restrictions on me getting my money at first, but as of now, the money is in my PayPal account very quickly...... (often less than 24 hours). I can then transfer it to my bank account or make purchases against the PayPal balance at places that accept PayPal payments.


Michael Sears
Got Your Wants, Bloomington, Illinois

 

What's Hot on the Forum:

SaleHoo helps over 137,216 online business owners
find reliable low cost suppliers

Find out how