You Won That E Bay Auction! Now What Do You Do?

It's a heady feeling when you win your first e bay auction

, a mixture of happiness and perhaps just a little fear. After all, there seems to be so much to do before you can actually get your item. What do you do next?The simple answer is, you send payment to the seller, as quickly as possible. The quicker you pay, the more your seller will like you, and the sooner your item will arrive. But how you go about it? That all depends on how you plan to pay.

PayPal is without doubt one of the hottest options for paying on e bay, to thereason that e bay determined to buy the company. It allows instant digital payment throughout the Internet. Money goes instantly out of your credit or debit card to the vendor's PayPal account, the place they can either use it for Internet purchases or transfer it out to their bank.

Cheques and Money Orders-that is paying the boring manner and results in a long wait to your item. It is advisable to present the cheque or money order, then the seller has to take it to the bank and get it cleared, and only then do they ship the item. The only purpose to use this methodology is if either you or the seller distrusts digital payment methods. If you are willing to go to the trouble with these sellers, though, you might get an merchandise very cheaply, as most consumers just can't be bothered.

Money Transfers and Bank Deposits-some sellers may ask you to pay them using a wire service like Western Union, or simply give you a bank account number and ask you to pay money into it. Unless you really trust the seller, this is generally a bad idea ,these methods are hard to trace and you are unlikely to get any money back if anything goes wrong. Paying in cash, it hardly needs to be said, is an even worse idea.

It's all a lot to take in, isn't it? I'm sure by now you have got a few questions, which is why the next email will be a little e bay buyer's FAQ. Let's hope we can solve any problems you might have.

by: Sagar Jawale

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