Some eBay payment methods are more secure than others. Before discussing secure ways to pay, it’s best to highlight how not to pay for an item on eBay. If a seller ever asks you to pay with a money order or a cashiers’ check, beware! Once that payment leaves your wallet, it becomes extremely difficult to retrieve.
Another reason that cash or cash wire transfers are generally not the preferred payment method is, if you pay by cash, you are not granted protection under the eBay Standard Purchase Protection Program. You also lack any proof of your payment, and will have virtually no recourse should the deal turn out bad.
eBay's Standard Purchase Protection Program compensates buyers for qualified dealings. There are two situations when a buyer may be compensated. The first is when an item was purchased on eBay, but never received by the buyer. The second is when the item obtained was considerably different from what was described. A very important thing to keep in mind is that eBay will not cover transactions that exceed $200, and they charge $25 for processing the claim.
Paying by personal check is normal. Just buy from somebody with thousands of feedback.
Posted by: bob | October 16, 2011 at 11:43 AM