Pay Pal

[rusty bumper]

How does Pay Pal work?

Is there a lot of red tape to opening an account?......Any maintenance fees?

[RedSoxRacer]

Its very easy to open the account, and there are no fees involved for maintenance or sending money. I have had an account with them for a couple of years, eBay bought them out to make it easier for people to pay for stuff they win, it works well.

[gb387]

I have paypal and have for several years... like RedSoxRacer said there is no fee to send money. Works very quick and easy. You will need to tie a checking account to the paypal account to transfer funds. I choose to receive credit card payments from my eBay sales so there is a fee to that service when someone pays me.

[rusty bumper]

Originally posted by gb387
I choose to receive credit card payments from my eBay sales so there is a fee to that service when someone pays me.

So there's a fee when you get paid for something?

[Abel2325]

Originally posted by Rusty Bumper
So there's a fee when you get paid for something?

There is only a fee for Premier and Business Accounts.

https://www.paypal.com/us/cgi-bin/webscr?cmd=_display-fees-outside

Go there for their fee chart.

[rusty bumper]

Originally posted by Abel2325
There is only a fee for Premier and Business Accounts.

https://www.paypal.com/us/cgi-bin/webscr?cmd=_display-fees-outside

Go there for their fee chart.

Thanks for the link, but what constitutes a business account?.....Is it determined by the amount that you sell online?

Sorry so many questions.

[Abel2325]

I think the only difference in business and premier is that business gets multiple logins and is for business use only.