Expert: Marvinator - 9/29/2008

Question
I've just signed up for ebay and paypal together and i have linked both accounts together.  now the question is how do i get started do i need to transfer money from my bank account to paypal or if ibid and win will it take the money automatically what do i do.

Answer
Either way works fine.  If you bid and there is no money in your Paypal account, the funds will be debited from your bank account (Called an E-Check.)  No problem.

However, let's take a moment to examine the other side of this electronic coin.  THe seller.  

If the seller receives an payment from you backed by funds already in your account, they receive the money immediately, AND will most likely send your item out immediately (or at least at the next day they take items to the Post Office).  IF you pay with an E-check, the seller must wait until the 'e-check' clears your bank and the money is received into their paypal account.  This can delay shipment of your item for as much as 2 weeks.  For this reason, it would be best to always keep money in your paypal account to cover any and all bids you have made.  

I hope this has helped.