Saturday, February 23, 2013
How to Stop a Transfer From My Bank to PayPal
1.
A banking customer service representative might be able to help you.
Contact your bank in person or via the telephone to explain the need to stop payment to a PayPal account. There might be a charge to stop payment.
2.
Placing your own stop payment online may work if done in time.
Place n on online order to stop payment. These often have to be done at least 24 hours in advance of the scheduled transfer. Stop payments will not work if the bank already has made the payment or if the stop payment does not process in within the bank's required amount of time.
3.
Paypal's help center answers many questions in various categories.
Contact PayPal. Contact PayPal to ask for reimbursement or if they will refund the charge.
How to Get My PayPal Verified Code
1. Navigate to the PayPal homepage and log in to your account.
2. Click on 'Verified' next to the option marked 'Status.'
3. Highlight and right-click on the Web link that appears on the screen. Click 'Copy' to save the link. This link, when sent to others, will inform them that you are PayPal verified. If you need HTML code proving you are verified, click on 'Manually insert the Verified seal into your website or auctions' to find an HTML code that can place the PayPal Verified seal on your website, blog or online auction.
4. Highlight the code and right-click on it. Click 'Copy' to save the code to your clipboard for future use.
How to Establish PayPal
1. Go to the PayPal homepage (see Resources below for a link) and click the 'Sign Up' link located at the top.
2. Select the country or region you want to use and select the language you want to use. Select the type of PayPal account you want to create and click 'Get Started.'
3. Type your email address in the 'Email Address' field. Create a password. Make sure that the password contains a minimum of eight characters. Retype the password.
4. Type your name, address and date of birth. Read the user agreement and privacy policy and click 'Agree and Create Account.' PayPal then sends you an email with a link to confirm your email address.
5. Log in to your email account and open the email PayPal sent you. Click the email confirmation link to launch the window. Enter your password and email to confirm. Your PayPal account is active and ready for use.
How Does a PayPal Credit Card Work?
PayPal Basics
PayPal is a popular online financial service, offering its customers an easy way to make transactions and payments online. When new customers set up a PayPal account, they link either an active checking account or credit card to their new account. Then when they want to purchase something online or bid on an eBay auction, they can pay with their PayPal account information, which will then withdraw the necessary funds from the linked account. For those who sell items on eBay or other websites, PayPal also allows them to receive payments from other users and then transfer their PayPal money to any checking account.
Application
Any individual with an active PayPal account can apply for an official PayPal MasterCard credit card. The application process is completed directly on the PayPal website (see Resources below), and the company will make a credit decision on your application almost instantaneously. If your application is approved, the new card will be synced with your PayPal account and you can begin using the card as a separate online funding source. You will receive the physical credit card 1 to 2 weeks after account approval.
Card Use
The PayPal credit card functions as a regular credit card and can be used anywhere that MasterCard is accepted, including online shops. In addition, the credit card becomes a separate source of funding in your PayPal account, which means you can start making online payments with it right away. PayPal offers its credit card with no annual fee and no liability for unauthorized purchases. PayPal credit card customers will receive monthly statements in the mail detailing every transaction, and then payments can be sent both by mail and online.
Rewards and Benefits
When your application for a new PayPal credit card is approved, you are automatically enrolled in the PayPal Plus Credit Card Rewards Program. As a member of the program, you earn reward points from every transaction you make using your PayPal credit card. Your rewards account is credited 1 point for every dollar that you spend. Once you have accrued a certain number of reward points, you can log on to the PayPal credit card website and redeem your points for a number of different reward vouchers. These vouchers can be used to save money on future PayPal purchases.
Friday, February 22, 2013
How to Send Money to PayPal With a Credit Card
1. Log into your PayPal account. If you do not have an account, you will need to register at www.paypal.com. The registration process requires that you enter personal information such as your name, address, phone number and email address.
2. Select the "Request Money" option from the PayPal menu located near the top of your account page. This option will allow you to request funds from anyone with an email address, including yourself.
3. Type your email address in the "Recipient Email Address" box and type in the amount of funds that you wish to transfer in the box labeled "Amount." Click on the orange "Continue" button at the bottom of the form. This will send an email to your account with a link directing you to an invoice from which you can make a payment to your account.
4. Log into your email account and open the email that you sent to yourself from your PayPal account. Enter your name, billing address and credit card number. Click on the "Submit Payment" button at the bottom of the form. This action will transfer funds from your credit card to your PayPal account.
What Is the Difference Between Paymate amp; PayPal?
Eligible Sellers
Online sellers from Australia, New Zealand and the United States may use Paymate. Conversely, at the time of publication, PayPal members from 89 countries may accept payment.
Eligible Buyers
PayPal accepts buyers from more than 190 countries. Conversely, Paymate accepts payments from about 60 countries.
Withdrawals
When a buyer purchases your product or service through PayPal, the amount goes into your PayPal account. You then withdraw the money to your regular bank account. Conversely, you never have an account balance with Paymate. Rather, it always sends payments directly to your bank account. The funds are never tied up in an online account.
Deposits
Users can fund PayPal accounts like a bank account. They link a regular bank account to their PayPal account and then transfer the money to PayPal. Paymate has no deposit system because there are no money accounts with Paymate. PayPal users can also generally transfer funds to friends and family for free.
Eligible Payment Methods
Paymate accepts credit cards for online payments. PayPal has a wider range of options for buyers who wish to purchase your product or service. Options include credit and debit cards, the PayPal Extras MasterCard, the eBay MasterCard, PayPal Smart Connect, the buyer's PayPal balance and bank transfer.
Account Usage Fees
PayPal does not charge to merely open an account. There are optional payments by website or phone for $30 per month.
The difference with Paymate is that it charges most sellers on a monthly basis separately from transaction fees. Sellers must pay this amount regardless of how many items they sell in a month. As of date of publication, the fee for a U.S. standard account with a $5,000 monthly limit is $5 per month, and the fee for a U.S. e-business account is $30 per month with a $10,000 monthly limit. There is also a $12.95 account application fee and a $39.95 PCI annual fee. New Zealand sellers who are transacting more than $5,000 per month in credit card purchases must pay $30 per month for an e-business account. Australian sellers can use a standard account with a limit of $5,000 in monthly transactions for free. Other Australian accounts have a monthly prepayment for transaction fees of about $3 to $33.
Wait Times
PayPal generally sends the funds to a merchant immediately when a buyer makes a purchase with a credit card. When Paymate accepts a credit card, it takes time to send the money to the seller's bank. The wait time for U.S. sellers is 10 to 15 days after payment approval from the bank. It is one to three business days for Australia sellers. New Zealand merchants wait only one day after bank payment approval.
Transaction Fees
As of date of publication, Paymate generally charges 3 percent plus 50 cents per transaction. PayPal typically charges 2.9 percent and 30 cents per transaction.
How to Use Paypal
1. Visit the Paypal website at http://www.paypal.com. Select the 'Sign up' link. Choose either a 'Personal,' 'Premier' or 'Business' account, depending on how you plan to use PayPal. Choose 'Personal' if you plan to only shop online. Choose 'Premier' if you plan to buy and sell online. Select 'Business' if you represent a business account. Provide requested personal and financial information to build your account, including choosing a bank account to link to your PayPal account.
2. Buy a product or service through a website that allows PayPal payments. Select the PayPal payment option. Enter your email address and PayPal account number and approve the payment from your account.
3. Sell a product or service on a classified website, online forum or social networking site. Visit the PayPal site and open your account. Choose the 'Request Payment' selection. Enter the buyer's email address. Await a payment confirmation from PayPal to your email account.
4. Register as a seller on eBay, using your PayPal account as your preferred payment method. Post an item for sale on eBay. Agree to terms with a buyer. Look for payment confirmation from PayPal.
5. Select the 'Get Paid' selection on the top of the PayPal website and then choose 'Sell on Your Website.' Click the 'Setting Up' tab and choose your preferences for posting a button on your website that allows you to receive payments through PayPal.
6. Visit the PayPal website and log into your account. Select the 'Withdraw' tab and then click 'Transfer to Bank Account.' Select an amount of money from your PayPal account to transfer to your bank account to pay bills or to bolster your savings account.
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