Howard_3

You are correct that Paypal can take payments direct from your credit card.
This gives a further line of security here in the UK as the banks will
refund fraudulent transactions.

73

David W Wood 

-----Original Message-----
From: For blind ham radio operators [mailto:[log in to unmask]]
On Behalf Of Howard, W A 9 Y B W
Sent: Tuesday, January 13, 2015 4:58 AM
To: [log in to unmask]
Subject: Re: Purchasing on eBay

Mike,

The reason for PayPal is to protect your credit card from sellers.  Only 
PayPal has your financial information.

Here is how it works.

You sign up with PayPal, it's free.

During the sign up you give PayPal your banks routing number and your 
account number.

Next, PayPal will make two small deposits in to your account, something like

3 to 10 cents each.

You then have to log in to PayPal to confirm that the deposits were received

and the amount of each.  This is done to confirm that the bank information 
is set up correctly.

This procedure gives you a "Verified" status which tells those who you do 
business with that your address and bank information is accurate.

Again, the seller does not see anything about your account, all he sees is 
your address and that you're verified.

When you purchase something, the funds are removed from your bank account 
immediately so you must make sure you have the funds to cover the purchase.

You also give PayPal your credit card information so that in case there are 
insufficient funds in your bank account, the credit card will be used 
instead.  I wouldn't rely on this because if you have overdraft protection 
on your account, this could trigger a fee for using the overdraft protection

instead of the credit card.

I believe you can set up the payment to be from the credit card as the 
primary source of funds rather than your bank account, however, I am not 
positive about this.

Another neat feature of all this, you don't have to provide the seller with 
your shipping information because it is all automatically sent to them by 
PayPal, all you have to do is to confirm that the amount is correct and tell

payPal to complete the transaction.

I have been using eBay and PayPal for over ten years and have never had an 
issue with over 100 transactions.

Many online vendors now use PayPal also so you don't have to provide them 
with financial information either.

It's a great system.

Use it, you'll love it for its simplicity.

Oh, get this, its almost 100  percent accessible.  There is only one small 
issue that I have encountered, however, I will not go in to it now.

I hope this helps.

Howard #3,
W A 9 Y B W


----- Original Message ----- 
From: "Michael Ryan" <[log in to unmask]>
To: <[log in to unmask]>
Sent: Monday, January 12, 2015 8:24 PM
Subject: Purchasing on eBay


> Hi all:=20
>
> When purchasing on eBay, does the seller of an item receive credit card =
> numbers and the like directly?=20
> Does eBay send the money to the seller on your be half?=20
> I'm looking at the eBay purchase of the VFO but I can't help but wonder =
> if I shouldn't give him the card number directly=20
> as this is what will be used through the eBay site anyway. =20
> Hope he'll wait for Paypal though, much easier on me. LOL=20
>
> 73:=20
> Mike VO1AX=20 


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