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 address disputes as effectively as possible. For those who regularly sell items, it's important to know how to approach potential disputes through PayPal. If a buyer contacts you with a question about a recent purchase they made, do not let said question hang. Make sure that it's addressed as promptly as possible. By doing so, Bobby Jain CS will tell you that it'll be easier to have every transaction go through without a hitch.
DON'T think that all PayPal accounts are the same. As a matter of fact, PayPal users can sign up for different accounts if they'd like. For example, a personal account is great for basic purposes, such as purchasing items and receiving money. If you'd like to run a small company, with PayPal being the base, a business account would be more worthwhile. Evaluate your options, as well as goals, before determining which account type will suit you 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 address disputes as effectively as possible. For those who regularly sell items, it's important to know how to approach potential disputes through PayPal. If a buyer contacts you with a question about a recent purchase they made, do not let said question hang. Make sure that it's addressed as promptly as possible. By doing so, Bobby Jain CS will tell you that it'll be easier to have every transaction go through without a hitch.
DON'T think that all PayPal accounts are the same. As a matter of fact, PayPal users can sign up for different accounts if they'd like. For example, a personal account is great for basic purposes, such as purchasing items and receiving money. If you'd like to run a small company, with PayPal being the base, a business account would be more worthwhile. Evaluate your options, as well as goals, before determining which account type will suit you best.
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For more fiscal help from Robert Jain CS, please contact Bob Jain Credit today.. Also published at Bob Jain: The Do's & Don'ts Of Using Paypal.
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