How PayPal works? Do I need to pay service charge every month for PayPal?

Question

Is safe?

Answer 1

No, it is free to use for buyers. I believe the people accepting payments pay a small fee per payment.

Answer 2

If you're a buyer, you pay nothing, but if you're a seller, you may have to pay a service charge based on a % of your sales.
(I'm not sure how that end of it works - I'm better at spending than making it ! lol !)

PayPal is totally safe and secure...... I've been using it for buying for a few years now and have never had one single problem.
My kids call the parcel post guy " The ebay man !"
Mom ! Mom !! It's the eBay man again !!

I hope this helps

Answer 3

If you are using Paypal occasionally and use it with your bank account, then no, it doesn't cost anything. You do have a limit of the amount of money you can accept before you are charged for a premire account. If you decide to accept credit cards via paypal, then you are charge a percentage of the transaction plus a transaction fee.

So, for buyers, no fee, for sellers, it depends. Check out the Paypal website http://www.paypal.com/cgi-bin/webscr?cmd=_display-fees-outside for the fees.

Answer 4

i love seeing all of these people babble, most of them are clueless, paypal is a service that generally works well, problem is there are highly sophisticated phising attacks goijng on th\at would foo, not beginner and many intermediate users, there is not a monthly fee but they do nip some out of each transaction. if you do something that the imbeciles at ebay deem verboten they will freeze all your funds mercilessly, i had them hold hundreds of dollars over a listing at a competing auction site something that is clearly none of webays business i use them a lot but they can be jerks.

Answer 5

it's free for buying .
I've been signed up with them for one to two years now and have had no problems.