PayPal Pros amp; Cons

Acceptance
PayPal is a widely accepted method for buying and selling things online. While it was originally used mostly in transactions between two private parties, such as for eBay auctions, PayPal is now an accepted payment tool for almost all e-commerce websites. The widespread acceptance of PayPal makes it a great way to pay for shopping online. Checking out and paying with PayPal is usually much faster than paying with a credit card, because your financial information is already linked to your PayPal account.
Email Linkage
Another advantage of PayPal is that a given PayPal account is linked to an email address. This means that the only information that you need to give someone in order to receive a payment via PayPal is the email address associated with your account. This makes for an extremely convenient and streamlined payment process, however it does come with the risk of sending payments to the wrong recipient if email address are entered incorrectly.
Transfer Speed
The payment process of PayPal is fast and easy to understand, but the rate at which funds are ultimately transferred can vary. It can sometimes take several days for a pending payment to be cleared, and until a payment is cleared, funds will not be available. Another issue is that funds received via PayPal are added to your PayPal account balance, not the balance of any linked checking or savings accounts. After receiving payments with PayPal, you must schedule a balance transfer from PayPal to an outside account unless you plan to keep the money in your PayPal account. Transferring funds from PayPal to a linked account usually takes a few business days, which can further delay the time until you actually have access to funds you receive with PayPal.
Security
One of the main reasons people use PayPal is for financial security when shopping online. While any online financial transaction is more risky than going to a bank, using PayPal is for online shopping avoids entering financial information at every individual website you visit for shopping. This can help reduce the chance of having your financial information getting into the wrong hands.
Fees
One of the biggest drawbacks of using PayPal is that certain payments will incur fees. Money transfers made between friends and family are not charged fees, but payments made for the transfer of goods and services are charged a flat rate of 2.9 percent for transfers under $3,000 plus an additional 30 cents. Fee percentages are lower for payments greater than $3,000.

How Can I Use PayPal When My Money Is Stuck in It

PayPal Merchants
1. Launch your browser, type 'www.paypal-shopping.com' in the address bar and press the 'Enter' key. Select a shopping category in the left-hand directory or click a featured merchant in the main window.
2. Select an item or a gift card option from the desired merchant and choose the PayPal purchase option during the checkout process. Purchasing a gift card from one of your favorite merchants such as Sears, eBay or Restaurant.com provides more direct access to PayPal funds as well as seasonal bonus rewards.
3. Log into your PayPal account when prompted during checkout and authorize payment to the merchant using your current PayPal balance.
Transfer to Bank Account
4. Log onto your PayPal account and click the 'My Account' tab.
5. Click the 'Profile' link and select the option 'Add or Edit Bank Account.' If you don't have a checking account listed, click the 'Add Bank' button and enter your checking account information. Check that PayPal registers the bank account status as 'Confirmed' before proceeding to the next step.
6. Click the 'Withdraw' link and then select the option 'Transfer to Bank Account.'
7. Type the desired amount in the field next to 'Amount.' If you want to withdraw the entire PayPal balance, type the amount next to 'From this balance.' Confirm that your desired bank account is listed next to the 'To' field before clicking the 'Continue' button. Click the 'Submit' button to confirm the transaction and the estimated time frame for the transfer to be completed.
PayPal Debit Card
8. Log onto your PayPal account, click the 'My Account' tab and the 'Profile' link.
9. Click the 'PayPal Debit Card' link under the 'Financial Information' column and click the 'Change' link next to 'Backup Payment Settings' for that card. Set your checking account as your backup payment method and, if desired, adjust your daily spending limit and daily ATM limit. Save these settings.
10. Click the 'Change PIN' option for the card, set a new ATM PIN and save this setting before logging out of your PayPal account.
11. Present your PayPal debit card at a merchant to pay for a purchase as a credit card transaction or go to a local ATM machine and use your PayPal debit card to withdraw funds as cash. PayPal charges a fee for all debit and ATM transactions that require entering a PIN and limit the daily amount according to the account limits set in Step 3.

How to Buy Glasses With PayPal

Sign Up For PayPal
The first step to buying glasses via PayPal is to sign up for an account. To do this, visit paypal.com. Use a valid email address as your username, then enter a password and either your credit card information or bank account number.
Confirm Your Account
Once you sign up for PayPal, a confirmation link will be sent to your email address. Click on the link to confirm your account. After that, you can transfer funds from your bank account or credit card into your PayPal account to set up a purchase.
Buy Your Glasses
Most retailers that offer glasses in a physical store offer them online as well. Most also accept PayPal payments. With that in mind, find the glasses you want, add them to your online cart and then click your method of payment. If PayPal is among the options, click on it and buy your glasses.

How to File a Complaint With PayPal

1. Log into your account on the PayPal website.
2. Determine if your complaint is because an item being delivered was different from its description, an order was never delivered or an unauthorized transaction took place.
3. Click the 'Resolution Center' hyperlink under the 'My Account' tab on the top of the homepage if you have a dispute related to an undelivered item or if the delivered item is significantly different than its description.
4. Click the 'Dispute a Transaction' hyperlink to open your case. You must open your case within 45 days of the date that payment was made. From this point, you have 20 days to resolve the dispute with the seller.
5. File a claim with PayPal in the 'Resolution Center' if you cannot come to an agreement with the seller. You must file a claim within 20 days of opening the dispute. Disputes not escalated to a claim within 20 days will be considered resolved. PayPal will investigate the transaction and resolve the claim either in your favor or in favor of the seller.
6. Enter the details of your claim in the 'Resolution Center' under the 'My Account' tab if your complaint involves an unauthorized transaction. PayPal will review the specifics of your claim, request any additional information needed from you and other involved parties and refund the amount of the transaction if deemed unauthorized. If other parties are involved, PayPal will request information as needed and give the other parties seven days to respond before settling the claim.

How to Pay for Items With a PayPal Bank Account

Send Money
1. Open a Web browser on your computer. Go to PayPal.com. You can find a link to this website in the resources section of this article. Log in to your PayPal account.
2. Click the 'Send Money' tab located at the top of the PayPal window.
3. Type the e-mail address to which you want to send payment and the amount of money you want to send.
4. Click 'Continue.' Review details of the payment and click 'Send Money' to complete the payment. Payments are sent instantaneously, and the funds are automatically deducted from your PayPal bank account.
Web Merchants
5. Open the web browser on your computer and find the item you would like to purchase. Look for the PayPal logo to find a merchant that accepts PayPal.
6. Check out through the Web merchant's shopping cart. Select 'PayPal' as your payment method. The merchant's web site will ask you to log on to your PayPal account. Enter your PayPal e-mail address and password and press 'Continue.'
7. Confirm the details of your purchase and click 'Continue' to complete your purchase. The funds are automatically deducted from your PayPal bank account.
Debit Card
8. Open a Web browser on your computer and go to PayPal.com. Log in to your PayPal account.
9. Click the 'Products and Services' tab. Select the 'PayPal Debit Card' and enter the requested information to apply for your card. The PayPal debit card is free of charge. However, you need to have an PayPal Premier or Business account that has been active for 60 days.
10. Wait for your PayPal card to come in the mail. When your card arrives, use the card at any on- or offline merchant that accepts MasterCard. The funds for your purchase are automatically withdrawn from your PayPal bank account.

How to Create a Donation Website

1. Use software. Donations need to be timely. You might need to raise money to pay rent or help someone in a news story. Learning how to program, design and build a website can takes months or even years. Consider creating a donation website with existing software. Set up a blog for free with Google's Blogger in just a few minutes. Utilizing existing software lets you focus on the problem at hand instead of adding stress by learning how to make a website from scratch.
2. Share your story. There are a lot of donation websites out there. Yours needs to stand out. Tell people why they should give to help support your cause. Blog on your site often with thank-you notes for the donations. Update your blog regularly to keep readers aware of the running totals of their donations and progress that has been made with your charity or situation.
3. Create a banner or button. If you don't have a design program, use MS Paint. Not everyone who visits your donation website will be able to afford to give money. Visitors can help spread the word out to reach other Internet users. Make a button that details the cause in a few words. If the donation is going to help a specific person, include their picture in the background to lend legitimacy to the cause. Readers can place the button on websites, blogs and forums to get the word out about your donation site.
4. Set up secure payment processing. A visitor may be more likely to donate if your site is trustworthy. People may be wary of giving their credit card information out even if it's for a good cause. PayPal offers a free donation button where users don't even have to have a PayPal account to give money. Buyers will be able to pay from their own PayPal accounts or using their credit card.
Enter the name of your organization in the button creator. Change the appearance of the button and decide what currency users should donate in. Include an email address to receive payments and select whether donors should give a specified amount. Copy and paste the generated code into the html of your blog post or side bar.
5. Accept any amount of money. Readers may be leery of donating a set amount. Ask for anything your visitors can afford. If Internet visitors support your cause the pennies will add up quickly. If they are unable to donate, encourage them to leave thoughtful or inspiring messages.
6. Harness your existing site, auction or estore. Turn any sites that you already have into donation websites. You may make more sales if you donate a percentage of each sale to charity. Customers get a product they need and also help people at the same time.
7. Get the word out about existing charities. You might not be able to set up your own charity due to time constraints. Instead promote a charity that you already believe in using your donation site. Make readers aware of any prevention programs that exist as well as fundraisers.

How to Cancel a PayPal Transaction

1. Log in to your PayPal account.
2. Click 'History.'
3. Locate the payment that you wish to cancel.
4. Click the 'Action' drop-down menu and select 'Cancel.'
5. Click 'Cancel Payment' on the next page to confirm the cancellation.