Paypal

[thePh@r@oh]

ok ive never used paypal to GET paid i've used it to pay before but i was wondering how do i recieve money?

[RicheemxX]

The person sending it sends to the email addy you use for pay-pal and it just shows up in your account but if its a credit card you have to have a premire account {think thats what they are called} and then you get charged some fee's. To withdraw the funds you either send them directly to the bank you have linked to your pay-pal assuming you have one or you can get a check { more fee's i think}

[thePh@r@oh]

so sending it directly to the bank is the best thing to do ?

[dlh75]

If you have an account you can send or recieve money. Its allmost like what you do to pay. Its just they do the sending.
All the person who sends you money does is sends it to your paypal account. And you can withdraw the money into your bank account or request a check be sent to you by paypal.

[dlh75]

I think so its faster. Usually takes a couple days to transfer. If the payer pays with a credit card it will cost u a small fee. Depends on the amount.

[consumertalks]

2.9 % + $.30 per transaction to receive money over $100, regardless of source of funding.

C2it.com is a good alternative, but not as many people on eBay are signed up with them. If you want more bidders, PayPal's got the most on eBay.

www.paypalwarning.com

[newnovice]

cos Paypal is owned by Ebay, and i had a suggestion, if u get their Debit Card from Paypal. they will give u 1.5 or 1.4% back on all store purchases. that is a good iea, and also they will pay u a dividend as long as the money is in your PayPal account !!!!!

so 2.9 - 1.4 = 1.5% is the fees for accepting thr Paypal, and -dividend if u kep in longer !!!!!!!!!

my 2c !!!
Thanks,
newNovice.

[consumertalks]

Originally posted by newnovice
cos Paypal is owned by Ebay, and i had a suggestion, if u get their Debit Card from Paypal. they will give u 1.5 or 1.4% back on all store purchases.

Does eBay count as a store? Also, if you check out PayPal's "stores", you're not saving any cash.. just getting reamed for 1.4% less.