Originally posted by sorchamac
Does EVERYONE pay with credit cards? I just opened a different checking account and a new PayPal account to try to avoid taking fees on everything on my Premier account. I've had three auctions end since, and every single one of them tried to pay with a credit card! It's such a pain to have to deny them, careful to not click UPGRADE instead (I know I'm going to make that mistake someday) and explain why they can't pay with a credit card, even though it says in BLACK AND WHITE IN MY AUCTION to EMAIL ME FIRST they want to pay with CC. If they insist on paying with a credit card I send them an invoice from my premier account and eat the fee (again!).
I didn't think it would be such a big deal. I buy alot on ebay and always use bank transfers. Am I the only person in the world who works in cash?
How do you all handle this?
Thanks-
Sorcha
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When I first started selling on eBay, I didn't accept credit cards either and it was a nightmare dealing with people - not to mention all the time involved denying payments, emailing back and forth with the buyer, having to explain over and over why I didn't accept credit cards, etc.. I was wasting precious time I could have been spending making MORE money..
It also never dawned on me - until someone here mentioned it - that I was missing out on all of the "impulse" buyers (so easy to buy on a whim that way) - higher bids (what the heck? Just throw it on the charge card) - and folks that plain WON'T bid if you don't accept CC's.. And then there was MORE time wasted - waiting for payments in the mail - emailing reminders if the buyers never let me know the money was on it's way - waiting to ship the items out until the checks were cleared or the money orders were cashed.. Sheesh - looking back on it now I have to wonder what the heck I was thinking! LOL
So - I decided to upgrade my Paypal to Premier and it was the
best thing I ever did!!! More sales, higher bids, instant money - I just LOVE it!!!!! Business definitely increased significantly and the time I have saved alone is worth the minimal fees that Paypal charges.. Just once decent sale on can make up for a WHOLE slew of piddly Paypal charges..
Accepting CC's may not be for everyone, but from my own experience I know that if I hadn't made it simple for my buyers - and simplified my OWN eBay workings - I probably would have bowed out last summer.. Just wouldn't have been worth the time and effort..
And I agree with
DMRick - if a seller doesn't accept credit/debit cards I go on my merry way - no matter HOW bad I may want something..
Good luck with whatever you decide!
