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dewayne6483
Community Member
Posts: 1
Registered: ‎08-16-2012
how does bill me later works on ebay

describe how bill me later works

Other Answers: 3
buyorsell888
Community Member
Posts: 7,279
Registered: ‎02-18-2005
Answered
in reply to dewayne6483

It is a high interest loan that buyers can apply for to pay for eBay purchases.

 

Sellers are paid in full with PayPal and never even know the buyer used the service.

Never rely on eBay nor emails for accurate payment information.

Login to PayPal!
michaelh4142012
Community Member
Posts: 1
Registered: ‎07-23-2012
Answered
in reply to dewayne6483

i have to check mt bank ststement for sure, but i beleive bill me later pays pay pal vendors for purchases and consolidates individual purchases to a monthly billing cycle. that is my opinion i am still going to the bank to check for payments made on individual items. michaelh4142012

daddy-yak
Community Member
Posts: 427
Registered: ‎03-04-2004
Answered
in reply to dewayne6483

dewayne6483 -

Bill Me Later is essentially a line of credit or a virtual credit card, for lack of a better description. The service is owned by PayPal. Basically, if you are approved, they will send you an invoice for the items you have purchased using it. You will have the choice of paying the entire amount or making payments over time. If you don't pay it off in full, they charge nearly 20% interest (last time I looked).

Additional info: http://billmelater.ebay.com/

Best of luck!