View Full Version : Receiving Money through Paypal
civic_guy
02-23-2007, 01:43 PM
I feel really stupid asking this...but here goes.
I already have a paypal account and can buy stuff...how do I go about setting it up to where I can receive money as well. Do I have to pay for that service or what?
Thanks.
boske
02-23-2007, 01:48 PM
All the buyer needs to do is send the money to your paypal e-mail account.
civic_guy
02-23-2007, 01:51 PM
Ok...and then instead of using a credit card to buy stuff...I could use the money I've accumulated from selling, to purchase items.... correct?
boske
02-23-2007, 02:04 PM
yep, use the money in the paypal account
RallyWRX
02-23-2007, 02:14 PM
Can you also get that money out of the paypal account and back into your credit or debit card?
civic_guy
02-23-2007, 02:34 PM
lol...that was my next question!! Thanks boske for the help...I need to get rid of this extra Xmod stuff I have.
Numbchux
02-23-2007, 02:48 PM
yep, you can transfer the money from your paypal account to your bank account. it takes a few days, but it works just fine.
I do believe there's a small fee to receive money. like 2% or something like that. but that might be just because I have an upgraded account so I could receive payment for my car.....I'm not sure.
boske
02-23-2007, 03:18 PM
im not sure if you can put the money back on a credit card, but yes, you can transfer it back to your bank account.
QuenteK25
02-23-2007, 04:02 PM
Numbchux is right, paypal does charge a small % on each payment you receive.
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