To say that PayPal is a well-known service would be nothing short of an understatement. As a matter of fact, many people use it in order to transfer money and buy products, which means that you might have an account yourself. What might not be as well-known, though, are the ways that PayPal should be used. In order to get the most out of this service as possible, here are some do's and don'ts that Bob Jain can direct your attention to.
DO consider the risks of linking. Specifically, you should know the risks associated with linking your PayPal account to a credit card, debit card, or bank account. After all, if your PayPal account is logged into by someone who shouldn't have access, your other accounts will be liable. Even though this option exists, and might be used by those who want to keep things streamlined, the aforementioned risks must be considered beforehand.
DON'T forget to include tracking when shipping. Another thing to know about PayPal, specifically for sellers, is that tracking numbers are important. Not only do these function as signs of goodwill by sellers, but they can prove useful if a package hasn't moved in a few days. To say that tracking will cover you, as well as the person you're doing with, would be an understatement. This is why companies like Bob Jain CS will recommend that you include it.
DO focus on resolving disputes quickly. Another thing to know about Paypal - and Bobby Jain CS will agree - is that disputes might come about. This is why it's important to address them as soon as possible. Make sure that you hear out the other person, before offering a solution that will be able to benefit both of you. The more mindful you are about doing so, the more that you'll get out of PayPal in the long run.
DON'T forget about the differences between account types. PayPal users can sign up for different types of accounts. A personal account, for example, is great for those who simply want to send money and keep things simple from a financial standpoint. However, a business account should be open by someone who wishes to sell items, since it allows perks that the aforementioned account type lacks. Consider your options before settling on the one that you believe to be the best.
DO consider the risks of linking. Specifically, you should know the risks associated with linking your PayPal account to a credit card, debit card, or bank account. After all, if your PayPal account is logged into by someone who shouldn't have access, your other accounts will be liable. Even though this option exists, and might be used by those who want to keep things streamlined, the aforementioned risks must be considered beforehand.
DON'T forget to include tracking when shipping. Another thing to know about PayPal, specifically for sellers, is that tracking numbers are important. Not only do these function as signs of goodwill by sellers, but they can prove useful if a package hasn't moved in a few days. To say that tracking will cover you, as well as the person you're doing with, would be an understatement. This is why companies like Bob Jain CS will recommend that you include it.
DO focus on resolving disputes quickly. Another thing to know about Paypal - and Bobby Jain CS will agree - is that disputes might come about. This is why it's important to address them as soon as possible. Make sure that you hear out the other person, before offering a solution that will be able to benefit both of you. The more mindful you are about doing so, the more that you'll get out of PayPal in the long run.
DON'T forget about the differences between account types. PayPal users can sign up for different types of accounts. A personal account, for example, is great for those who simply want to send money and keep things simple from a financial standpoint. However, a business account should be open by someone who wishes to sell items, since it allows perks that the aforementioned account type lacks. Consider your options before settling on the one that you believe to be the best.
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For more financial help courtesy of Robert Jain CS, please contact Bob Jain Credit today.. Also published at Bob Jain: The Do's & Don'ts Of Using Paypal.
