i am going to setup a paypal account and dont own any credit card.My bank account is POSB ,now i have several questions
1) i know that sending $$ doesnt get charged but the receiver will get charged by whatever % listed there .I also saw a "return fee" what does it do?
2) I read about the reverse of transaction and didnt understand this part.Eg: you are a seller in ebay[sell small stuff like cards] and the buyer choose regular mail .So the buyer pay $ then u click "ok to ship" right?? After that the buyer decided to play cheat and claim item not received.What method do you use to settle this?
3) I want to link the posb acc to the paypal ,should i use a credit card or debit card?? which 1 is preferable?? Is there anyway to apply online or must go down to the bank and do the application??
4) Lets say i sold a stuff in ebay which is $10,when the buyer pays the $$ the amount of $ i receive is lesser than $10?? [minus $$ due to ebay charge and paypal charge]
Your help is appreciated ,thanks.