Originally Posted by dogmom327
I'm actually planning to dump Paypal as a payment option sometime very soon so going to checks or money orders is kind of the plan--but clearly not a great one.
I wonder if I ask my bank if they can tell me about turn around for bounced checks?
Some banks are very slow, up to 6 weeks. Long after you've otherwise utilized the money. Ours is within a week, so we feel comfortable taking checks. We do a fair bit of international business so we need paypal! Your bank will then immediately debit your account for the bounced check, so you will need to float that amount if you are concerned about a particular check.
Be aware that there is a decent money order fraud problem, so make sure that you know what the money orders should look like (specifically USPS/Western Union).
We like cash, but don't do enough local business here to get mainly cash. Would be nice though!