i'd be careful with dropshipping as paypal don't encourage this sort of selling, they have and adbundacy to place limitations on paypal accounts which limits you from sending money to suppliers to pay for you dropship orders.
You may want to use other ways to receive payments.
best of luck!
Hi and thank you for sharing that info because I am dealing with different suppliers. And 2 of the suppliers, which are great companies, does not accept paypal payment for dropshipping. I didn't understand why they wouldn't but now I do.
I was checking into google checkout. Is it any better or more convenient than paypal?
Thank you!
Yvette
Hi Yvette,
In regards to what payment suppliers accept, don't get yourself lulled into a false ideal that a supplier won't accept PayPal because of some possible issue with them, and are therefore ok to deal with.
The number one reason a supplier, no matter where in the world they are, will not offer safe payment options such as Credit Card or PayPal payment options, is quite simply because they know full well that those transactions can be reversed.
That should always be a MASSIVE red flag to a buyer. It doesn't mean that they don't have genuine reasons for not offering those services, but it should put any buyer on notice to proceed with extreme caution, if at all!
If a buyer doesn't use a safe payment option with a supplier, then they have absolutely no come back to cover themselves if the transaction goes pear shaped.
Where possible, always use a credit card as your number 1 payment option, but PayPal runs a close second. They are the two safest payment options available, and protecting your investment should be paramount.
Now that's not saying that because they don't accept those forms of payment that they are automatically not to be trusted, but you would need to be 100% in trading with them before you parted with any money if they don't!
In regards to what payment options you can use with an eBay account to accept payments, you now have several options to choose from. I'm not 100% of eBay's policy on providing payment options at the moment. It used to be that you could use any of the available options, so long as you also used PayPal.
Of course you can offer electronic transfer, certainly my preferred way of accepting payments. Of course it's not considered a safe payment option for buyers, and it's one that I would never suggest anyone actually uses unless they are 100% confident in who they are doing business with.
You will usually find buyers will stay well away from am electronic transfer payment option on newish accounts, but are far more accepting of using the option on more established accounts with a solid performance indicator..... especially if you include an inducement for using that option such as a discount or such.
If you are setting up a new account, it's a really good thing to be proactive and actually talk to PayPal up front. Tell them what you are doing, who your suppliers are and your estimated volume of sales over a set period.
Certain things set red flags off at PayPal, and the more information they have available for them to assess a situation with an eBay account, the better it is for you!
Just to pick up on a point made by Erika. Always send your first orders with tracking, that is always a great fail safe method to ensure you can get your account rolling quickly if there are any issues at all with a PayPal hold.
I must say that the more I get on Salehoo, the MORE I learn. I know have more of an understanding of how sales work no matter which I site I sell on.
Thank you so much!