Is paypal free? Does it require you to have something like a bank account or etc...... what about the types of accounts? Are business and Premium free? Do i need a credit card?.... Do i have to be a certain age? Anyone other answers that are for beginner's would be helpful to....Thankz For Answering!...
2006-11-18 08:47:22 · 8 answers · asked by SaY wHaT >? 2 in Business & Finance ➔ Credit
Paypal is free to sign up, but everytime you receive money through them whether a credit card or check payment, they charge you transaction fees (more if the payer is outside the US).
When you upgrade your account to Business or Premium accounts, you have to do certain steps of verification from:
- giving them your bank account number
- giving them your credit card number
- giving them your social security number
- allowing them to verify your location (through an automated system Paypal will call the phone number you gave them and you must give the 4 digit number being shown to you on the screen when you go through this verification process)
You can read about the Paypal transaction and other fees here https://www.paypal.com/cgi-bin/webscr?cmd=_display-receiving-fees-outside
2006-11-18 08:54:51 · answer #1 · answered by imisidro 7 · 0⤊ 0⤋
Yes paypal is free.. to set up an account anyway. If you are a seller then they charge you seller fees every time someone buys something from you. If you are a buyer there are no fees. You do have to have a bank account or credit card that's where they apply the money to or take it from. I don't think you have to be a certain age except that you have to be a certain age to have a bank account. Business / Premium whichever one is not as "high up" (for lack of better words) is free that's what I have. I am not sure about the other one though ... hope that helped! :)
2006-11-18 08:51:06 · answer #2 · answered by Anonymous · 0⤊ 0⤋
I set up a free account with PayPal so that someone could send me money online. They let them put the money in the account, but since I did not have a bank account, they would not let me have access to the money.
2006-11-18 08:58:28 · answer #3 · answered by Anonymous · 0⤊ 0⤋
PayPal is one of the most popular online money transfer systems widely used for online auctions, pay to surf programs, e-books and purchase of low value goods. It is now a part of the online auction website eBay. More details available at
http://www.money-transfer.in/paypalindia.html
2006-11-21 21:28:59 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Paypal is free go there they do step by step good luck
2006-11-26 06:45:32 · answer #5 · answered by pattibcacl 6 · 0⤊ 0⤋
GO TO THE PAYPAL WEB SIGHT THEY WILL ANSWER ALL YOUR QUESTIONS YOU CAN DOWN LOAD THEM AND READ AT YOUR PLEASURE.I WOULD NOT PAY ANY OTHER WAY OVER THE INTERNET.GOOD LUCK
2006-11-18 08:57:52 · answer #6 · answered by julie m 1 · 0⤊ 0⤋
if you pay for something its free, but if you are getting paid using pay pal its safe but do charge you a bit.
2006-11-25 17:15:14 · answer #7 · answered by mp 1 · 0⤊ 0⤋
you need to go through the tutorial...click the link on paypal.com
2006-11-18 08:48:33 · answer #8 · answered by koalatcomics 7 · 0⤊ 0⤋