good tips,
HOWEVER -
do not use paypal.
use checkout.google.com -
same idea. but google isn't charging merchants until 2008.
soooo, u don't pay any fees, and remember - with paypal -
they are NOT a bank. just a company. read their disclaimer/statement.
i recently sold 7 ps-3's on ebay -
turns out it was a high risk item, for fraud... i mean, i had my cousin wait in line for 7 days in jersey (i'm in cali - i know, i'm cruel)... sold 7 of them...
ebay suspends accounts.
demands payment.
no recourse.
(this was done to most everyone who did this)
paypal makes us jump thru a ton of hoops to prove we had the units and sold real units...
sent receipts.
tracking numbers.
they called and checked with all customers.
then i get an email from them saying that we are parting ways, because i'm a risk to business.... no recourse available -
worst part?
close to 20k in my account from cd/merch sales and of course ebay sales...
they keep it for 180 days... it basically turns into interest off of our money.
don't believe me? go to
http://www.paypalsucks.com/forums/showforum.php?fid=3 or
http://www.nopaypal.com and check out their forums...
so yeah, heads up to all you that sell over the net. use your own merchant company that handles cards, or google checkout (it's free until '08, again).... and steer clear of paypal, unless you don't mind having your acct possibly held-up/frozen.
excuse the rant, but i'd rather save all of you with the problems... i was a loyal user for over 8 years - and thought it was all good... found out i'm not the only one... so check the links, and always protect yourself.
good luck brothas.
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it's cool as far as small $ stuff - i wouldn't sweat it - but if you're planning on getting a lot of money in your account - rather you be "in the know"...