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Monica
等级:Senior
文章:204
积分:1350
门派:Tubes China
注册:2007-2-25 14:42:38 |
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 Payment Methods
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
If 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 independent 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
Escrow Services
Videogon strongly recommends the use of an "escrow service", such as www.Escrow.com. This and other companies will guarantee a safe transaction for both parties. The buyer sends payment to the escrow company instead of the seller. The payment is held in escrow until the seller has shipped the item, and the buyer has received the item. Once the buyer receives the item, the escrow company will release the funds to the seller. Please visit the website of Escrow.com to learn more about these types of services.
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