9 Best Tips to Buy and Sell Safely on PayPal

What is PayPal?

Paypal is an online payment solution that lets you send and receive money safely. Whether you wish to make purchases or send invoices, PayPal has been the top choice of users in terms of transactions.

It uses your bank account, instead of a credit card for any payments. In fact, costly wire transfers are made easy with such a system. It charges you minimal and nothing at all at times. 

9 Best Tips to Buy and Sell Safely on PayPal:

Here are some adequate tips for Sellers and Buyers using Paypal in day to day life.

Avoid Heavy & Risky Transactions

It’s advisable to not sell or invest in heavy products through PayPal. The reason is, that not all payment transactions are protected. In fact, if you are trying to send or receive gift cards, PayPal itself warns that fraudsters are able to track such transactions easily. That is why, as a seller, try not to deal in heavy and high investment transactions to avoid any loss.

Take Care of Business Authenticity

It is important to keep your customers updated on the legitimacy of your products and services. That means you must remember some key points while dealing through PayPal –

• Have labels to be put on product packaging
• Send order confirmation mails from the business name
• Accept transactions from accounts containing the company name – ensures customers of the authenticity
• Provide order tracking, delivery estimates and delivered status. 

This will keep your business safe and increase customer satisfaction.

Maintain Proof of Delivery

As fraudsters are all around, we cannot expect to be highly secure on any payment tools. That is why it is recommended to maintain proof of delivery.

• Customer signature before handing over the product
• Password protection delivery – a code or OTP 
• 24/7 customer support availability

Make Sure your Descriptions are Clear and Precise

Buyers like clear crystal product descriptions. 

• Include photos and a thorough description of your item. 
• Clear images reduce any language barrier. 
• Also, make sure to explicitly express your return policy somewhere where purchasers can see it. 

This will assist you in gaining customer trust and improving the user experience. Otherwise, your company may receive unusual negative feedback from customers.

Integrations

You can also automate a few processes while dealing with products and services. This means you can connect important apps with PayPal and sync data between them. 

For example, automatically send the delivery and tracking information via email when someone makes a purchase. Similarly, automatically create a contact in CRM when there’s a new order. That will help you create a better relationship with your customers and assist in responding to their queries. 

In that case, you can try Integrately. 

Integrately is a one-click integration tool. It offers 800+ automation with plenty of amazing features. You can connect any important or useful application for free and automate your workflow.

Protect Identity

Being a buyer, you may have to complete your profile and add bank account details while using the app. You cannot avoid these steps as you require them in making any purchases or payment transactions. 

So, you are highly recommended to have your identity protected because identity crimes are immensely growing in the world.

PayPal lets you protect your identity by enabling two-factor authentication. That will keep you safe and try not to share any personal information – password, pin, otp with anyone. 

Use a Strong Password

Use a password that is strong and includes at least 1 uppercase letter, 1 lowercase letter, 1 character, and 1 number. This will secure your account and protect it from malicious activities. 

Avoid Making Heavy Transactions

Avoid buying high-end products that are expensive and are from countries that may take considerable time to deliver the product. Especially, if the company doesn’t seem to have enough reviews, proof of delivery or responsive support.