i know that you can transfer money from your savings account and deposit it into your pay pal account. but can you transfer money from a credit card? is pay pal like a credit card?
2007-01-15 10:31:43 · 4 answers · asked by laura s 3 in Business & Finance ➔ Personal Finance
what is it good for?
2007-01-15 10:34:50 · update #1
The whole point of paypal is so that you can make transactions online without giving out your credit card number.
You can deposit money from a bank account, yes, or you can have others transfer money to you. I use it alot for my business. My second office is far away, and instead of meeting my partner to get money, he just wires it to me through paypal. Then I can spend it online, transfer it to my bank account, or have paypal send me a check. They charge a small fee, but it's a very convenient service. Hope I helped.
2007-01-15 10:41:00 · answer #1 · answered by still waiting 6 · 1⤊ 0⤋
You can transfer money from your bank account(savings or checking) or put it on a credit card.The recipient of the payment pays PAY PAl a percentage.
2007-01-15 10:42:54 · answer #2 · answered by B P 2 · 0⤊ 0⤋
heard good and bad stuff
people / business have had hell with frozen accounts
check - www.paypalsucks.com/
2007-01-15 11:13:15 · answer #3 · answered by Anonymous · 0⤊ 0⤋
http://computer.howstuffworks.com/paypal.htm
2007-01-15 10:39:50 · answer #4 · answered by Joe D 6 · 0⤊ 0⤋