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I'm only fourteen so I really don't know and i want to. What would it mean if for example you have a balance of $100 on paypal?

2006-11-03 10:30:20 · 7 answers · asked by Victoria 1 in Business & Finance Credit

So you want a high balance?

2006-11-03 10:32:41 · update #1

7 answers

Balance is a credit, meaning you have $100 available in your PayPal account. You can spend it via a transaction, or have it refunded to you via check or into a bank account.

2006-11-03 10:32:29 · answer #1 · answered by disposable_hero_too 6 · 0 0

If you make a purchase With paypal account and your backup funding is a card or bank account paypal will use them for the purchase if purchase don't go like planed money go's into paypal balance .paypal balance is like your own little bank account add funds sent funds. i recommend you get a paypal debit card that way if you sell on ebay you can acces funds right away.

2016-03-28 05:59:08 · answer #2 · answered by ? 4 · 0 0

If you are 14 you shouldn't be using paypal since you can enter into legally binding contracts. Therefore you have to have to have your parent(s) take care of those transactions. You would have to have committed fraud to have your own account on paypal or on ebay.

If you have a balance it either means you have $100 worth of money in there as credit. I suggest you ask whoever charged/deposited the money in there. They will know if it is negative (owed) or positive (owned).

2006-11-03 12:02:02 · answer #3 · answered by El Cupacabra 3 · 0 0

I have Paypal too. It's how much $ you have in there. It's like a bank account, except it's only online and the money is all numbers. You never really get to see your cash unless you transfer your $ into a bank account or want them to send you a check.

2006-11-03 10:33:53 · answer #4 · answered by lil_momo2003 2 · 0 0

The balance is how much money you currently have in your account.

2006-11-03 10:31:58 · answer #5 · answered by Anonymous · 0 0

It means how much money you have available to spend.

2006-11-03 10:58:13 · answer #6 · answered by christopher s 5 · 0 0

it means that is what is left in your account

2006-11-03 10:32:24 · answer #7 · answered by Anonymous · 0 0

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