Paypal

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  • ballerzinc
    T*mpl* *wls
    • Feb 2004
    • 1831

    #1

    Paypal

    I'm thinking of getting a paypal account and start selling things on ebay. I have a few questions.

    1. Is all I need personal account to recieve payments?
    2. How fast do I recieve transactions?
    3. Where exactly are the transactions credited to?

    Sorry I have never dealt with paypal before.

  • RubenDouglas
    Hall Of Fame
    • May 2003
    • 11202

    #2
    Re: Paypal

    best of luck man... it can get complicated.



    To quickly answer those questions, you need a full premier account to sell on ebay. they charge 3% +35 cents, per transaction. The money is credited to your paypal account which can be used to purchase other goods on ebay or other websites. Or you can tie it in with a bank account and withdraw the money to your account.

    Check the forum website.. there helpful over there .

    Comment

    • dkgojackets
      Banned
      • Mar 2005
      • 13816

      #3
      Re: Paypal

      You need a full account, I cant remember what I had to do to get one. Transactions are instant and go into the paypal account, which as RD said you could use to buy other stuff, or put it in your bank account.

      Comment

      • fishepa
        I'm Ron F'n Swanson!
        • Feb 2003
        • 18989

        #4
        Re: Paypal

        Originally posted by ballerzinc
        I'm thinking of getting a paypal account and start selling things on ebay. I have a few questions.

        1. Is all I need personal account to recieve payments?
        2. How fast do I recieve transactions?
        3. Where exactly are the transactions credited to?

        Sorry I have never dealt with paypal before.
        1. Yes
        2. As soon as someone pays you.
        3. Your money is kept at the paypal website which is FDIC insured by the way. You link it to a checking account so at any time you can transfer funds to your checking account.

        Ebay and Paypal are the greatest things ever invented.

        Comment

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