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November 18, 2009I want to do drop shipping but I do not want everyone to know my credit card information. What’s the method of turning paypal into cash?
Then you will have to find a supplier ( dropshipper) who will accept payment via paypal instead of credit card. I don’t know if you understand how it works, but here goes - you list an item on ebay for sale. When it is purchased, you put in your order with the dropshipper and pay for it. They send the item out to the buyer from ebay. You pocket the extra money you built in to your auction. So if you don’t want the dropshipper to have your credit card info, you need to find one that accepts other forms of payment, like paypal. PLEASE understand that in order to dropship, you MUST have a tax i.d. and if your state charges sales tax, you must have a sales tax license. dropshippers require this in order for you to do business with them. If they don’t require this, they are breaking the law and so are you.
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Then you will have to find a supplier ( dropshipper) who will accept payment via paypal instead of credit card. I don’t know if you understand how it works, but here goes - you list an item on ebay for sale. When it is purchased, you put in your order with the dropshipper and pay for it. They send the item out to the buyer from ebay. You pocket the extra money you built in to your auction. So if you don’t want the dropshipper to have your credit card info, you need to find one that accepts other forms of payment, like paypal. PLEASE understand that in order to dropship, you MUST have a tax i.d. and if your state charges sales tax, you must have a sales tax license. Dropshippers require this in order for you to do business with them. If they don’t require this, they are breaking the law and so are you.
References :
ebay power seller