To say that PayPal is a well-known service would be nothing short of an understatement. As a matter of fact, many people use it in order to transfer money and buy products, which means that you might have an account yourself. What might not be as well-known, though, are the ways that PayPal should be used. In order to get the most out of this service as possible, here are some do's and don'ts that Bob Jain can direct your attention to.
DO think about the risks of linking accounts. Those who own PayPal accounts have the option of connecting their other accounts to it. While it might seem like a good idea to link your credit card to it for accessibility's sake, the possibility of fraud must be considered as well. After all, when one account is compromised, others will be compromised by proxy. Simply put, an understanding of the risks beforehand will go a long way.
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 focus on resolving disputes quickly. Another thing to know about Paypal - and Bobby Jain CS will agree - is that disputes might come about. This is why it's important to address them as soon as possible. Make sure that you hear out the other person, before offering a solution that will be able to benefit both of you. The more mindful you are about doing so, the more that you'll get out of PayPal in the long run.
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 think about the risks of linking accounts. Those who own PayPal accounts have the option of connecting their other accounts to it. While it might seem like a good idea to link your credit card to it for accessibility's sake, the possibility of fraud must be considered as well. After all, when one account is compromised, others will be compromised by proxy. Simply put, an understanding of the risks beforehand will go a long way.
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 focus on resolving disputes quickly. Another thing to know about Paypal - and Bobby Jain CS will agree - is that disputes might come about. This is why it's important to address them as soon as possible. Make sure that you hear out the other person, before offering a solution that will be able to benefit both of you. The more mindful you are about doing so, the more that you'll get out of PayPal in the long run.
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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