| It is generally up to the
seller to declare which forms of payment will be accepted. The buyer may
then choose from one of the options given by the seller.
Money Order (or certified check)
Buyer sends a money order or certified check made payable to the seller.
Money orders can be purchased from a variety of sources, with the Post Office
being the most common. Certified checks are issued by the buyer's bank,
usually requiring a visit to a branch. These payment types will cost the
buyer from ($.65 for a Postal money order, up to $15.00 for some bank issued
certified checks).
Personal Check
Buyer sends a check drawn upon a personal bank account. Most sellers
will wait for a personal check to "clear" before shipping the
item. This process can take 5-7 business days.
COD (Cash On Delivery)
Seller ships the item and declares a COD amount, that the shipper will collect
from the buyer upon delivery of the item. While the term implies
"cash" as the form of payment, most shippers do not accept cash
payments. Thus, a money order or certified check is the general payment
method actually accepted when the shipper delivers the item.
Credit Cards
the seller is able to accept credit cards and the buyer wishes to pay
with such, then the buyer should call or fax the seller. Do not email
credit card numbers.
PayPal
This is an independant service that allows payment via Mastercard or Visa,
even if the seller is a private party. This does not offer the same
level of buyer protection as purchasing from a dealer who is authorized to
accept credit cards. Also, there are limitations on the maximum
transaction amounts. However, this service can be effective for a
majority of private party transactions. Find out
more |
