Selling products on instagram. Question about payments!

[James Owens]

Hey, so If I sold products on Instagram. Is it reasonable to think that I could receive payments by bitcoin or western union, or am I wasting my time trying to get people to pay via those methods?

I'm looking to dropship and it's hard to conduct a dropship business if all your payments are constantly being held by Paypal for 21 days.

What do you all think about this?

 

[W9go]

i think the most don't use it ... so if you add it additionally its ok but is you use it exclusive you will loose a lot of sales.

 

[Hydrone]

Sorry if this is a stupid question but why are your funds being held for 21 days?

I run a dropshipping business with paypal as the only payment option and my funds go into my account instantly.

 

[James Owens]

Sorry if this is a stupid question but why are your funds being held for 21 days?

I run a dropshipping business with paypal as the only payment option and my funds go into my account instantly.

I believe it's because my business is fairly new and PayPal recquires it's users to gain their trust over time.

 

[JustChillin]

I don't think you'll get any sales if the only payment methods you accept are Bitcoin and Western Union. It's very unsafe for the buyers as well, because they can't reverse their payment in case something goes wrong.