December 4, 2009
Pay Pal question. With a standard pay pal account can you recieve money by selling items?
freckles579 asked:
Or can you only purchase items? To be able to recieve money thru pay pal do you have to pay a monthy fee to pay pal? i believe the term is merchant account? All this crap is confusing! any help would be great!
Or can you only purchase items? To be able to recieve money thru pay pal do you have to pay a monthy fee to pay pal? i believe the term is merchant account? All this crap is confusing! any help would be great!
Leave a Comment
Comments on Pay Pal question. With a standard pay pal account can you recieve money by selling items?
yea only to the card u register wit
you pay a small fee for each item sold
You CAN receive money through paypal.
If it is sent from a person via their bank account, you get the money and there is no fee (It really is free).
If they send you money via a credit card, i.e. they charge it, then there are fees. If you have a personal (Not business, they call it premier) account, you can only get money via someone paying with a credit card 5 times per year.
If you sign up for a business account then they charge you a fee if people send you money via a bank account OR credit card.
I added a link to their fees page to help.
Hope that helps ya.
Take Care
Your paypal account is tied into your checking account and / or credit card. When you make purchases a debit to the account is made. If and when you sell something, the proceeds of the sale is credited to your account. Fees are charged only on items listed for sale and they are debited monthly.
Yes, If your card has the Visa, or Master card signs, on it you can with draw your eBay, or other selling methods, funds from a ATM or use it any where, Visa, and Master card are excepted.