what is it? is it like something people use to donate money to you? like for example, if i wanted to have people donate money for like a fundraiser or something, could i open a paypal account and would i have to pay? would the people just donate money and thats it?? please anserW!
2006-09-15 16:59:18 · 10 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
It is a "safe" way to exchange money over the web. You can connect it to your own bank account and use that account without having to give out that info to the buyer. It is very convenient especially for eBay.
2006-09-15 17:03:45 · answer #1 · answered by speedykc 1 · 0⤊ 0⤋
Paypal is not traditionally for donations. It is a way to exchange money between businesses and customers/clients. If you wanted to collect donations, I would suggest setting up a fund or account at a local bank or credit union.
2006-09-16 00:04:19 · answer #2 · answered by dollface345 2 · 0⤊ 0⤋
Paypal is an online banking service that is now owned by EBay. The service allows a person to "push" money to someone in payment for goods or services. This is in contrast to your credit or debit card which "pulls" money out of your account, allowing anyone with your account number to draw money out of your account. In my humble opinion a "push" account is safer and a possibly somewhat more difficult to steal money from you.
2006-09-16 00:10:30 · answer #3 · answered by Clown Knows 7 · 0⤊ 0⤋
Go to paypal.com. A person can use it to accept monetary donations but it is mainly used for ebay auction payments. Go to the site and read all about paypal.
2006-09-16 00:17:06 · answer #4 · answered by Mystique 2 · 1⤊ 0⤋
It's an intermediary means of paying for things generally internationally.
2006-09-16 00:03:55 · answer #5 · answered by Anonymous · 0⤊ 0⤋
company that pays for you through your funds that you have so no one sees your stuff and it depends on what type account you get at pp .there"s a free acount as wellfor differnt uses.
2006-09-16 00:10:37 · answer #6 · answered by martinmm 7 · 0⤊ 0⤋
Yeah you could do that....... all you do is put your bank account on there and it'll go directly to your bank! its very safe and easy! good luck!
2006-09-16 00:02:17 · answer #7 · answered by Marilyn 3 · 0⤊ 0⤋
basically, online bank account
2006-09-16 00:01:55 · answer #8 · answered by bluefalcon60 2 · 0⤊ 0⤋
its a way of paying for crap online...its a way of not giving out ur credit card
2006-09-16 00:00:57 · answer #9 · answered by Ashley010 5 · 0⤊ 0⤋
my sentiments exactly, I have no clue
2006-09-16 00:07:19 · answer #10 · answered by lady_lbrty 3 · 0⤊ 0⤋