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Thread: Paypal Payments...

  1. #1
    Senior Member WannaBe_80z's Avatar
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    Paypal Payments...

    ok i have had a paypla account for a loong time. but only to buy with. now i am interested in selling and recieving money in it...i just added my bank account to it along with my moms credit card i used to start it...so when someone sends me money does it just sit in the account thing until i say where to put it...like send me a check or put it in my bank account or does it automatically go somewhere?

  2. #2
    Interaktiv Xperience (TM) Nightfall's Avatar
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    stays in your account as credit on a virtual paypal credit card.
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  3. #3
    Senior Member WannaBe_80z's Avatar
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    and then i can transfer it to my accounts whenever i want...seems like a sweet deal to me..way better then waiting for money orders and such...and then having to go cash them and junk...thanks

  4. #4
    New Wave Visionray's Avatar
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    be aware that they do take a certain percentage.
    And I'd advise you to take out the money as fast as you can. Never had a problem with them before, but it's a good idea not to let your money sit with them as I have heard horror stories.

  5. #5
    Originally posted by Visionray
    be aware that they do take a certain percentage.
    And I'd advise you to take out the money as fast as you can. Never had a problem with them before, but it's a good idea not to let your money sit with them as I have heard horror stories.
    Ditto.

    I think there percentage is .30c + 3% or something close to that.
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