This is good news for Ebay Buyers and Ebay Sellers alike, if you're not still aware of it.
I just got reminded by Ebay of PayPal Buyer Credit, dubbed as "an easy way to attract more buyers and boost your sales on your higher-priced eBay listings."
Through February 28, 2005, qualified sellers can save up to 100% on promotional financing fees.
How does it work?
"PayPal Buyer Credit is a personal line of credit exclusively for PayPal members. It lets buyers make low monthly payments on their PayPal purchases, making higher-priced items more affordable. For sellers, PayPal Buyer Credit allows you to attract more buyers to your higher-priced items by promoting your items in the form of low monthly payments, or by allowing you to offer promotional financing (if you currently offer PayPal Buyer Protection on your eBay listings). " -- From Ebay
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Couple Accused Of Selling Stolen Goods On eBay To Go On Trial
A couple accused of making big bucks by selling stolen goods on eBay will go on trial after a federal grand jury in Dallas decided there is enough evidence to take them to trial.
The couple, Cory Paris and Cassandra Clements, is accused of robbing sporting goods and camera shops then selling items online.
Investigators said they stole more than $200,000 worth of merchandise from several North Texas stores.
Paris, age 33, faces a maximum statutory sentence of 180 years imprisonment and a $3.25 million fine and Clements, age 32, faces 150 years imprisonment and a $2.25 million fine. This should serve as a reminder guys! More details on this tomorrow
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How do I offer PayPal Buyer Credit on my eBay listings?
Unless you choose to offer promotional financing, a basic, low monthly payments message will automatically appear for items over $199.00 USD, letting buyers know they can use PayPal Buyer Credit to pay for your items.
What promotional financing offers can I select?
The promotional financing offers currently available through PayPal Buyer Credit include:
- No interest if paid in 3 months and no payments for 3 months for total purchases over $199.00 USD
- No interest if paid in 6 months for total purchases over $199.00 USD (monthly payments required)
- No interest if paid in 12 months for total purchases over $199.00 USD (monthly payments required)
- 12 fixed monthly payments at 12.9% APR for total purchases over $199.00 USD (available in select categories)
- 24 fixed monthly payments at 12.9% APR for total purchases over $1,999.00 USD (available in select categories)
When is it?
Items that qualify must be listed with promotional financing by February 28, 2005. Items must be listed with promotional financing between August 16, 2004 00:00:01 PT and February 28, 2005 23:59:59 PT, regardless of the date of the close of the listing in order to qualify for the discounted promotional financing fees.
So we've still got a month guys!
LEARN MORE about the PayPal Buyer Credit,