Payment

Today we are going to learn about the different payments available, with there pros and cons, for most wholesalers and what the best method of payment is.
Payment types

There are alot of ways to pay for wholesale products, the most common of these are Western Union, Bank Transfer and PayPal.

Western Union:
Western Union helps you provide for your loved ones almost anywhere in the world. Whether it’s for education, healthcare or groceries, we offer Consumer-to-Consumer Money-Transfer Services to get resources to members of your family quickly.

Pros:
Easy to do
Friendly customer service

Cons:
No way of getting the money back if you got scammed.
Their fees are really High. (for an iPod as an extra 30 bucks or so ontop of the price)
Have to call up every time to confirm the transaction.

Bank Transfer:
Bank transfer is pretty self explanatory. It's just transferring from your bank to the wholesalers bank account.

Pros:
Cant really think of anything good about bank transfer, sorry guys

Cons:
Hard to get back the money if you can even get it back at all.
Takes a long time

PayPal:
PayPal is the safer, easier way to pay and get paid online. The service allows anyone to pay in any way they prefer, including through credit cards, bank accounts, buyer credit or account balances, without sharing financial information.

Pros:
PayPal is fast and easy
Instant payment
Can reverse payment if product is not as described

Cons:
Terrible customer service if you have to file a dispute

I would suggest using PayPal as its the most secure type of payment, but not many wholesalers accept PayPal. Always try to look for wholesalers that accept PayPal even if the price is a little bit higher. Because using western union you pay more in fees and if it turns out to be a scam you can't get your money back.