When it comes to the most popular ways to buy items or even send money, PayPal will rank highly. It's a name that most people know, even if they don't use the service themselves. What you may not know, though, is that there are right and wrong ways to use it. With this in mind, and with the financial expertise of Bob Jain, here are some of the most important PayPal do's & don'ts that you should be aware of.
DO be mindful about how you link your PayPal account. Upon creating a PayPal account, you might be promoted to link it to your credit card, debit card, or bank account. While this might seem like a good idea on the surface, you have to consider the possibility of fraud as well. If someone gets into your PayPal account, they have access to your other accounts as well. This is why you have to be especially careful about these options.
DON'T think that tracking is unimportant. As a matter of fact, tracking might be one of the most important aspects of PayPal that companies like Bob Jain CS can recognize. One of the reasons for this is that minimizes the level of risk on a buyer's end. This is especially true if a package fails to move in a couple of days. As a seller on PayPal, it's in your best interest to include tracking numbers with all orders.
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 assume that all PayPal accounts function in the same ways. The reason why this must be said is that there are quite a few PayPal account types to sign up for. A personal account is used by most people due to its simplicity. What if you're someone who'd like to run a business with PayPal, though? This is where a business account would come into play, since it offers features that merchants can take advantage of. Needless to say, you're not without options when it comes to PayPal.
DO be mindful about how you link your PayPal account. Upon creating a PayPal account, you might be promoted to link it to your credit card, debit card, or bank account. While this might seem like a good idea on the surface, you have to consider the possibility of fraud as well. If someone gets into your PayPal account, they have access to your other accounts as well. This is why you have to be especially careful about these options.
DON'T think that tracking is unimportant. As a matter of fact, tracking might be one of the most important aspects of PayPal that companies like Bob Jain CS can recognize. One of the reasons for this is that minimizes the level of risk on a buyer's end. This is especially true if a package fails to move in a couple of days. As a seller on PayPal, it's in your best interest to include tracking numbers with all orders.
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 assume that all PayPal accounts function in the same ways. The reason why this must be said is that there are quite a few PayPal account types to sign up for. A personal account is used by most people due to its simplicity. What if you're someone who'd like to run a business with PayPal, though? This is where a business account would come into play, since it offers features that merchants can take advantage of. Needless to say, you're not without options when it comes to PayPal.
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