Don’t Forget PayPal

Don’t Forget PayPal
In the first six months after eBay bought PayPal, it expand it to 38 foreign
countries and now exchanges money in five currencies. When
you learn more about the import/export business, you will realize
what a fabulous service this is. Suffice to say, it makes taking payment
much safer, something that many experienced eBay members can
appreciate. PayPal is a big story on the international scene. Think of
PayPal as an international bank that facilitates both sides of the transaction
easily, quickly, and inexpensively. If you do so, you suddenly
wake up to the fact that PayPal is going to take over the world, literally.
It makes small business import/export so easy that it’s a nobrainer for
anyone doing business on eBay. You can substantially expand your
markets for your goods with a minimum of bureaucratic hassle.
Summary
The genius of eBay is that it creates a huge national market for goods
and even services. But some goods sell well in the international markets
as well. As the eBay foreign auctions grow and as foreign people
bid in the US auctions, eBay will come to encompass a greater variety
of goods and services and provide new markets. This evolution provides
new opportunities for eBay members.
eBay’s foreign auctions deliver the eBay magic to new markets. Such
auctions also open opportunities for all eBay members as eBay takes
on more of an international character. Although part of the eBay market
has always been international, the new foreign eBay auctions, and
PayPal as well, will rapidly expand between nations the type of peopleto-
people and retail-to-consumer trade that eBay auctions support.