If you are selling a land property or anything online, whether you are using Ebay or other marketplace website in the Internet, one of the things to consider is how to receive the payment from the buyer. Since the negotiations online have already been agreed upon the next step is to confirm payment from the buyer before you give the deeds of your property to the purchaser.

One of the safest and the fastest payment gateways in the Internet is PayPal. It is an e-commerce business that allows payments and money transfers from anybody who is online through the Internet. It serves as an electronic alternative to traditional paper methods such as cheques and money orders. PayPal services are not for free though because PayPal charges transaction fee for every electronic payment processed. The fees charged depend on the currency used, the payment option used, the country of the sender, the country of the recipient, the amount sent and the recipient's account type. So it is good for the seller and the buyer to discuss whether who pays the transaction fees before the actual sale consummate.

The other payment methods are offline and traditional way of accepting payment from the buyer. The buyer can issue cheques to the seller where the seller deposits the said cheques in his/her bank account and wait for several days to have it cleared. Normally it takes three working days for the cheques to clear but some takes more than three days. The other traditional payment method is money order. A money order is a payment order for a pre-specified amount of money being transacted thru the bank. The bank requires payee to have the funds prepaid before transaction, thus making it more trusted method of payment than a cheque payment since cheque payments can bounce.