Originally posted by lunchbox:
It's like an electronic bank account, but without FDIC insurance, and without customer service. You give em your normal bank account info and credit card info, and then you can deposit funds into your PayPal account from those places (only people with business accounts can accept money that you deposited with your credit card, and there is a processing fee). Then you can transfer the funds to other people, or they can send you money and you can put it into your bank account.
Not true,I dont own a buisness and get money from peoples credit cards all the time.
