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Joined: Mar 2002
Posts: 30
Junior Member
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OP
Junior Member
Joined: Mar 2002
Posts: 30 |
i have never used it before and it seems like everyone else does so can someone please explain to me how this works. i would really apperciate it. thanks
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Joined: Jun 2000
Posts: 5,455
Master P
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Master P
Joined: Jun 2000
Posts: 5,455 |
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.
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Joined: May 2001
Posts: 2,277
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Joined: May 2001
Posts: 2,277 |
it's very useful especially when purchasing items over the net.
like ebay items for example.
Kim
2001 Mercury Cougar C2
1995 Contour GL
Quote: Originally posted by shotwell:
Yeah, I keep checking too. I'm afraid that just as the site goes down my car will burst into flames or something (knocking rapidly on wood)!
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Joined: Nov 2000
Posts: 2,683
Member
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Joined: Nov 2000
Posts: 2,683 |
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.
Howard
1998 Silverfrost SVT #1612
June mods:
17" ADR RS Limited Limix Wheels
with 215/45/17 Yokohama AVS Sports
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Joined: Feb 2001
Posts: 359
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Joined: Feb 2001
Posts: 359 |
He said business account, not that you had to own a business.
1997 Contour GL Zetec
Assorted Street Glow Products
Indiglo Gauges
KKM Intake
17" Konig Tantrums
Factory GL Spoiler
SVT Body Kit by Spring
Beats by: Planet Audio & Crossfire
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Joined: May 2000
Posts: 4,983
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Member
Joined: May 2000
Posts: 4,983 |
Originally posted by svtguy:
i have never used it before and it seems like everyone else does so can someone please explain to me how this works. i would really apperciate it. thanks It works by you sending me a $100 check every week! 
P. Valdez 1998 VW Jetta TDI 1.9L I4 direct injection turbo diesel 5 speed manual no mods, no money AIM:PackRatTDI My exhaust smells better than yours.
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Joined: Nov 2000
Posts: 2,683
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Member
Joined: Nov 2000
Posts: 2,683 |
Originally posted by kjgolf09:
He said business account, not that you had to own a business. He said "ONLY people with business accounts can accept money that you deposited with your credit card..." I said I dont have a buisness and still accept money.
Howard
1998 Silverfrost SVT #1612
June mods:
17" ADR RS Limited Limix Wheels
with 215/45/17 Yokohama AVS Sports
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Joined: Jun 2000
Posts: 5,455
Master P
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Master P
Joined: Jun 2000
Posts: 5,455 |
Originally posted by -HWCM-: Originally posted by kjgolf09:
[b]He said business account, not that you had to own a business.
I said I dont have a buisness and still accept money.[/b]Then you either have a premier account or a business account (for my explanation, it didn't matter whether it was a business account or a premier account, as it was just an explanation for someone new to the service.) http://www.paypal.com/cgi-bin/webscr?cmd=p/gen/fees-outside PayPal charges Premier and Business accounts to receive payments. Personal accounts are free, but may not receive credit card payments.
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