PayPal

Send funds directly to a seller from a verified bank account or from a credit card

Advantages

Immediate and convenient

• Payment is deposited directly into the seller's account

• You can pay directly from the item listing page

• No requirement that you use your credit card (you can transfer money directly from your bank account)

• Sellers don't see your credit card number (it is safely encrypted through PayPal's server), which limits the risk of unauthorised use

• Automatic payment tracking

• Nearly all items paid for with PayPal on eBay.com.au can be  eligible for up to AU$20,000 PayPal Buyer Protection if you don't receive the item you paid for or it isn't what you were expecting. Conditions apply. Read the PayPal Buyer Protection policy for full details and the PayPal Acceptable Use policy for exclusions

Advantages

• Immediate and convenient

• Traceable

• Limited liability. Credit card companies typically provide some level of identity and purchase protection. Contact your credit card company to learn more

Disadvantages:

• When using your credit card on line you may be giving out your private financial details to strangers

• You will not be eligible for PayPal Buyer Protection unless your Visa/Mastercard transaction is processed by PayPal. Some credit card purchases may be protected by your credit card company but , you must go through your credit card company in those cases

Advantages:

• Traceable to a particular mailing address

• Provides proof of payment

• Most banks offer a stop payment service if problems arise before the cheque is cashed

Disadvantages:

• Sellers must wait for funds to clear

• Extremely difficult to recover in cases of fraud

• Not eligible for PayPal Buyer Protection

Advantages:

• Traceable to a particular mailing address

• Provides proof of payment

• Some services offer the option to stop payment if problems arise before the payment is cashed, but you don't always have this option

Disadvantages:

• Sellers must wait for funds to clear

• Extremely difficult to recover in cases of fraud

• Not eligible for PayPal Buyer Protection

Bank Deposit

Advantages:

• Buyers deposit payment directly into the seller's bank account either online or at most banks

• Immediate and convenient

• Payment is deposited directly into the seller's account

Disadvantages:·        

• Payment is difficult to recover in cases of fraud

• Not eligible for PayPal Buyer Protection

Tip: If you are unsure about using this option, you can request the seller's contact information and verify that it is consistent with the information on the bank account.

Bank Deposit Express

Seller's make their bank account information available to buyers through the listing process. When the listing closes the buyer can immediately view the bank account information and deposit payment.

Advantages:

• Quick and easy payment method for transactions with other Australians

• Deposit directly into the seller's bank account either online or at most banks

• Minimal or no bank fees involved

Disadvantages 

• Payment is difficult to recover or cancel

• Not eligible for PayPal Buyer Protection

Australia Post will take delivery of your item at your nearest post office and will forward the seller your payment by money order.

Advantages:

• Easy to use

• Australia Post offers free insurance for C.O.D items valued up to AU$100 and additional insurance can be purchased for C.O.D items valued between AU$100 and AU$5000