I want to know how does ebay work

I want to know how ebay works, meaning how does the owner get the money if you are buying a product?
      Answer1:Yes, the seller receives the price of the item, less Ebay fees. Ebay fees consist of a listing fee, any optional extra listing fees (i.e. more than one photo, bold print, etc) and a final value fee. All fees are based on price of the item (listing fee on initial price, final value fee on price item sold at). Theres also a fee if the item is paid with paypal (also based on final price plus shipping cost). All payment goes to seller, then fees are billed on sellers account, which is usually paid by credit card.
      Answer2:Well, the seller(owner) can either accept checks or payment by Paypal, which is the most common fprm of payment. If you send the seller a check, they usually hold it for 7-10 days to make sure it clears and does not bounce. If payment is through Paypal, then payment is by credit card or electronic transfer from your bank account to theirs. You, the buyer will have to be "verified", which just means that you give Paypal your bank account information so that the electronic transfer can be done. Now if you choose Paypal as your form of payment, it will ask whether you want to do it by electronic transfer or by credit card. Electronic transfer is faster, but its up to you.Hope I helped.

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