PayPal is one of the most popular ways to not only send money to people but to complete transactions. As a matter of fact, most people who buy items online have their own PayPal accounts. Are you getting the most out of this service, though? The likes of Bob Jain will be able to help you get the most out of your financial endeavors. For those would like to learn more, here are a few of the biggest do's & don'ts of using PayPal.
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 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 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 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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