Saturday, February 16, 2013
How to Add Backup Funding to PayPal Debit Card
1. Visit the Profile section of your account. After logging into your PayPal account, visit the Profile section of your account. The Profile section of your PayPal account has important information about your account. The Profile section contains three categories. The Account Information category lists common information such as your email and street address. Under the Selling Preferences section you will find tools to help you sell items through auctions or a store. Last, but not least, there is the Financial Information section that lists all your financial information, including bank accounts and credit/debit cards.
2. Click the PayPal Debit Card link to access your debit card information. The PayPal Debit Card link will allow you to access all the information about your debit card. On the PayPal Debit Card page you will first see information on your cash back program. This section lists your earning rate as well as how much money you've earned so far. The limits section lists your daily debit card spending limits as well as your ATM limits. You will also see the number of cards you have requested and the Card Management section. The Card Management section allows you to add backup funding as well as change your PIN number and report your card as lost or stolen.
3. Select the 'Add Backup Funding' link from the 'Card Management' section. The Add Backup Funding link will direct you to a webpage that allows you to fully manage a backup funding source for the account. You will also be allowed to set a limit.
4. Choose a checking/banking account for your PayPal Plus Credit Card. You can choose from the savings and checking accounts you have already added to your PayPal account. You can also use your PayPal Plus Credit Card as a backup funding source. Anytime you use your PayPal Debit Card to purchase an item over the amount in your account, PayPal will withdraw the funds from the backup account.
5. Select a backup funding daily limit. PayPal gives you the option to set your daily limit between $200 and $1,000. This means that if you purchase an item costing $600 and your PayPal account has $200, your backup funding daily limit will need to be at least $400 to cover the cost.
How to Create a Verified PayPal
Verifying with a Credit or Debit Card
1. Visit PayPal.com. Sign into your PayPal account or click 'Sign Up' to create a new account. Choose the type of account, such as Personal, Premier or Business and then fill in the required information and click 'Agree and Create Account.'
2. Click 'Profile' on your main account page. Click 'My Money' and 'Credit or Debit Card' or select 'Credit or Debit Card' under 'Financial Information' once you click 'Profile.' The steps vary depending on which PayPal profile setup you have.
3. Click 'Add Card.' Fill in the required information to create the card, such as entering the card number, security number and your name.
4. Navigate back to the 'Credit or Debit Card' page. Click 'Link and Confirm My Card.' Select 'Save and Continue.'
5. Look at your online credit or debit card statement in two to three days. Look for the $1.95 PayPal charge and the 4-digit code next to the charge.
6. Go back to the 'Credit or Debit Card' page on your PayPal account. Click 'Link and Confirm my Card.' Type in the 4-digit code from your card statement in the provided text box. Click 'Submit' to confirm your card. Your account is now verified.
Verify with a Bank Account
7. Go to Paypal.com and sign into your account, or click 'Sign Up' to create a new account. You'll need to select your account type and enter the requested information to create your account.
8. Click 'Profile.' Select 'Bank Accounts' under 'Financial Information.' If you do not see that information, then click 'Profile.' Select 'My Money' and 'Add My Bank' under 'Banks.' Type in the required information, which includes entering your bank's routing number, your bank account number and your bank name.
9. Click 'Profile' if you added an online bank account. Select 'Bank Accounts' under 'Financial Information.' If you do not see that information, click 'Profile' and click 'My Money.' Select 'Update' next to 'Credit and Debit Cards.' Select 'Confirm.' If you do not use online banking, you'll need to first look at your bank account and write down the two small deposits PayPal made into your account. Navigate to the bank account confirmation page afterward and enter the two small deposits in the provided boxes. Click 'Confirm.'
Friday, February 15, 2013
How to Clear PayPal Activity Log
1. Open a browser. Type 'www.paypal.com' in the URL field and hit the enter key on your keyboard. Let the page load.
2. Enter your username and password on the left side and click the 'Log In' button.
3. Click the small box next to 'Date' in the 'My Recent Activity' window. This action should put a check mark in the boxes next to each item. You can also select individual items by clicking the small box next to the item you wish to clear.
4. Click one of the 'Archive' buttons on the left side. One is located above the column of small boxes; another is directly below the column of small boxes. Clicking either button will clear the activity log.
How to Make a PayPal Donation Link
1. Sign into your PayPal account. Select the 'Merchant Services' tab. Click the 'Donate' link under the 'Create Buttons' category.
2. Click 'Customize Appearance' in order to change the button's size and image, as well as the country and language.
3. Select 'Donations' from the 'Accept payments for' category. Type in the name of your organization and input your Donation ID if you have one. Choose your currency. Decide whether you wish donors to contribute the amount of their choosing or a fixed amount. Indicate whether you would like your e-mail address identified with each transaction or a secure merchant ID.
4. Save your button. This is optional, but will allow you to easily edit the button later if you choose.
5. Customize the checkout page. Here, you can type in a message for the donor, request the donor's address, and direct the donor to a web page once they have completed the transaction.
6. Press 'Create Button.' This will generate the code for your button, which you can place on your organization's website.
How to Confirm Your Bank Account With PayPal
1. Go to PayPal.com and sign in to your PayPal account.
2. Click 'Profile.' Click 'Bank Accounts' under 'Financial Information.'
3. Click the small circle next to 'Checking' if you want to link your checking account. Otherwise, click the circle next to 'Savings' to link your savings account. Type your bank's routing number in the 'Routing number' text box. Type your bank account number in the 'Account number' text box. The bottom-left numbers on your checks indicate your routing and account numbers. If you don't have checks, call your bank to obtain the routing number.
4. Click 'Continue.' PayPal will inform you on the following screen that in two to three days it will deposit two small amounts, usually under 25 cents each, into your bank account. Check your bank account in two to three days. Write down the amounts that PayPal deposited in order. Mark the first deposit as 'Deposit one.' Sign back in to your PayPal account. Click 'Profile' and select 'Bank Accounts.' Enter the first deposit amount in the first text box and the second deposit amount in the second text box.
5. Click 'Confirm.' Your bank account is now linked with PayPal.
How Can I Get My Money Fast in My PayPal Account?
1. Apply for a PayPal debit card. Go to the PayPal link in Resources. Then enter your email address and password. Click 'Log In' to continue the application process. Read the Debit Card Agreement carefully to learn about fees and other restrictions on your debit card. Once you have completed the application, your card should arrive in four weeks or less.
2. Use your PayPal debit card to get up to $400.00 cash daily. Take it to an ATM that accepts Maestro-Cirrus, insert the card, and enter your pin number. Select 'checking account' if asked to choose an option. Enter the amount, leaving enough in your account to cover fees unless you want to use backup funding already linked to your account. You will pay a $1.00 fee for each withdrawal plus the ATM owner's fee. You will also pay a 1 percent fee to use a foreign ATM and $3.00 for any cash withdrawal requiring a signature.
3. Use your debit card to make a purchase from anyone who accepts MasterCard, either in bricks-and-mortar stores or online. You can spend up to $3,000 daily from your PayPal account.
How Does PayPal Confirm You?
Items Needed for Account Validation
To begin using PayPal, you'll need three vital pieces of information ready: a valid e-mail address, current contact information and banking account details.
Email Validation
To begin using PayPal's services, you'll need to verify the e-mail address you used when registering your account. Typically, this validation email is sent within minutes of successfully registering at PayPal.
Account Validation
Without a valid checking or savings account linked to your PayPal account, or being approved for PayPal's Buyer Credit or Plus Credit Card, your status will remain as 'Unverified.' Your sending and receiving limits will be restricted until you become a 'Verified' member.
How Does PayPal Confirm Your Bank Account?
Once you've successfully submitted your bank account information, PayPal will deposit two small payments into your bank account. Once these deposits have posted, you can confirm your account by entering in the deposit amounts through the 'Confirm Your Bank Account' link in PayPal.
Time Frame for Account Confirmation
The process from start to finish when confirming your bank account requires three to four days. This accounts for the time it takes for an ACH, or automatic clearing house (a nationwide electronic funds transfer network), deposit to post to your bank account. Account confirmation via PayPal Buyer Credit or PayPal Plus credit card occurs immediately if you are approved for a line of credit.
Considerations
While PayPal allows you to confirm credit card details as well, without a linked bank account, strict limits for sending and receiving money will remain intact.
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