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paypaltransferring funds

Started by anget64 , Jan 26 2009 06:35 PM

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12 replies to this topic

#1
anget64

Posted 26 January 2009 - 06:35 PM

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so i made a paypal account so i can shop on ebay
so i am not really sure how it works. I am linking my debit card to the account so do i need to tranfer money to the account or will they just make the charges directly to my card?
thank s for your help!

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#2
Edwin

Posted 26 January 2009 - 06:42 PM

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You don't need to transfer money into your Paypal account. When you make a payment you choose from your linked accounts and then Paypal debits that form. So for your debit card it will just say Paypal *Name of Seller*

Im surprised you didn't have to verify your card yet. They normally do that by putting a charge of $1.95 on the card with a code next to it. Once verified they credit that amount to your Paypal account so you have a positive balance of $1.95.

Welcome to eBay and Paypal, you're gonna go broke :mdr:

#3
anget64

Posted 26 January 2009 - 06:53 PM

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i know i will def be broke
i sent in the number t verify my account but they didn't credit it yet and its almost been 24 hours so i will have to contact them

another question....
if i sell items will they credit my paypal account or do they make the deposit in my debit card

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#4
Edwin

Posted 26 January 2009 - 07:02 PM

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Did you get a message that says you succesfully verified your card? Are you sure you don't have a balance of $1.95 now?

If someone pays you, it goes into your Paypal balance. But then you can transfer it to your checking/saving account or build it up and use it to pay for future stuff.

#5
anget64

Posted 26 January 2009 - 07:05 PM

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THANK YOU!!!!!!!

i emailed them so hopefully it will be verified shortly

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#6
celinerific

Posted 26 January 2009 - 07:56 PM

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Paypal is convenient for the most part, but just be careful - it can be a b**** sometimes. I tried sending money to my friend, Kimba and it just crapped all over us.

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#7
Koolan

Posted 26 January 2009 - 11:17 PM

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Never really had issues with paypal. I recommend using the paypal security key for added protection: www.papal.com/securitykey/

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#8
Davey84

Posted 27 January 2009 - 01:55 AM

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they only bad thing about paypal is that they use crappy convertion rates and they have high rates for when you accept money! :confused:

does anyone have experience in getting a payment in dollars, and can you transfer that to your own credit card or bank account, and did that cost anything? :hmm:

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#9
anget64

Posted 28 January 2009 - 09:34 AM

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my first listing!!!!!
http://cgi.ebay.com/...1QQcmdZViewItem

September 6th @ foxwoods!!!!
BEST NIGHT September 12th at prudential!!!!!

Take Part in our WORLD TOUR VIDEO for Celine & her team!!!!!

#10
Edwin

Posted 28 January 2009 - 09:38 AM

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Good luck! And you already have a bidder

#11
anget64

Posted 28 January 2009 - 10:08 AM

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i know!!!!!!! thanks.... this is very exciting.... and addicting lol

September 6th @ foxwoods!!!!
BEST NIGHT September 12th at prudential!!!!!

Take Part in our WORLD TOUR VIDEO for Celine & her team!!!!!

#12
stevethefan

Posted 28 January 2009 - 02:13 PM

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Koolan, on Jan 27 2009, 12:17 AM, said:

Never really had issues with paypal. I recommend using the paypal security key for added protection: www.papal.com/securitykey/

Hey thanks for that link Vic. I think I'm going to get this security token. It's a great idea. :yes:

#13
stevethefan

Posted 28 January 2009 - 02:14 PM

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anget64, on Jan 28 2009, 10:34 AM, said:

my first listing!!!!!
http://cgi.ebay.com/...1QQcmdZViewItem

Congratulations! I use Paypal a lot. The only downside of it is that they charge 3% on each transaction, but it IS very convenient to use for buying and selling things or transfering money.