Friday, March 15, 2013
How to Set Up PayPal Shopping Cart
1. Navigate to the main PayPal website (see 'Additional Resources,' below). Once the main page has loaded, click on the 'Business' tab located near the top of the screen.
2. Click on the 'On your website' link underneath the 'Need to Accept Credit Cards?' heading toward the center of the screen.
3. Click on 'Create One Now' underneath the 'Sell Multiple Items with the Free PayPal Cart' heading toward the center-right side of the screen.
4. Click on 'Create Your Button Now' from the page that loads. This will bring up a page filled with options you can change to customize your PayPal Shopping Cart. Fill them out to meet your needs and specifications.
5. Click the 'Create Button' button located at the bottom of the page. This will give you the code to put into your website's HTML in order to link to your very own PayPal Shopping Cart.
How Do I Transfer Money Into Another Person#039;s Bank Account?
Online Wire Transfers
Log in to your online banking account and see if your bank provides a wire transfer service. If it does, sign up for it. Go to the wire transfer page and type in the account number of the other person's bank account. Type in the amount that you wish to transfer. Your bank will now transfer the funds, which may take up to three days or be processed instantaneously, depending on your bank. Banks such as Bank of America will make wire transfers the same day. It is also possible to make wire transfers on a regular basis; you can set the transfer rate to every year, the first day of the month, or even weekly.
PayPal
Set up a PayPal account. Contact the person to whom you want to send money and ask him to send you a money request through his PayPal account. Once the request reaches you, send him the amount he needs through your bank account that is linked to PayPal, a debit or credit card, or your available PayPal balance. PayPal will process the payment to the other person, and he can withdraw the money and put it in his bank account for a one-time transaction fee. If you want the other person to have the exact amount of money that he requested, you need to add as much money as PayPal will take away during the transaction. The rates for a personal transfer are 2.9 percent of the purchase plus an added 30 cents. If you are making a payment for a product, such as on eBay, the transaction fee can range from 1.9 percent to 2.9 percent of the amount received and an additional 30 cents.
Transfer Among Family Members
If you know all the information of the other person's bank account, such as for a family member, you can use these methods.Call or go to the bank and ask the teller for a transfer from one bank account to another. Tell her how much you want to transfer and the bank account where it is to be transferred. You will have to provide some form of identification. If your ATM has an option for transferring money to different bank accounts, click on it and follow the prompts on the screen. Some banks will not let you transfer money though bank accounts for security reasons.To transfer the money online, set up an online account. All your bank accounts will show up (including the bank account that you want to transfer to, if you have the information). Click 'Transfer' and choose which bank account you want to transfer money from. Choose the account that you want to transfer the money to and click 'Transfer' or 'Complete.' This can also be done through cell phones enabled with mobile Internet, making your bank accounts much more accessible.
Thursday, March 14, 2013
How to Classify Outright PayPal Fees
1. Determine the exact nature of each individual PayPal fee on a transaction by transaction basis and group them together as processing fees or monthly subscription or feature fees.
2. Total each group of fees and compare them to the statement on the PayPal account as well as the totals from your accounting system to ensure all fees are listed.
3. Record the transaction fees as bank service charges, just like you would record a fee at an ATM machine for withdrawing cash or an ACH merchant fee from accepting a credit card.
4. Record the recurring monthly fees as banking expenses, just like you would record a bank fee for overdraft protection.
How to Invest in Gold With PayPal
1. Determine the current spot price of gold. The spot price of gold is the current price that gold is trading for in either the London or New York bullion markets. Any website that has commodity prices will carry the current spot price for an ounce of gold.
2. Identify coins to buy. Armed with the current spot price of gold, you can buy coins on online auction houses, through online gold dealers and through bullion exchange companies. The spread is the difference between the buy and sell price. As a general rule dealers will buy coins for less than the current spot price and sell coins for more than the current price. The room in the middle is called the spread.
3. Set up a PayPal account. Setting up a PayPal account involves providing them with a verifiable address, generally through a credit card or bank account. PayPal will also require you to fund your account when you set it up and to provide funds for future transactions.
4. Pay for your gold using PayPal. Using a popular online auction like eBay requires a seller to pay via PayPal. To pay via PayPal, simply enter in the e-mail address of the person you wish to buy from and click 'send.' Purchases on eBay are covered by a warranty as well, and this adds additional protection.
How to Use the Paypal Plug
1. The PayPal Plug-In is easy to download. All you need to do is access your account and click on Profile. On the Profile Summary page you will see a Financial Information section. Click on the PayPal Plug-In link and scroll to the bottom of the page There you will see a statement that reads, “Don’t have the plug-in on this computer? Download it now.” Click the link and choose Save File. Depending on your connection speed, the download should happen rather quickly.
2. Install the plug-in. Click the icon that was downloaded to your desktop. Once you hit Run, the software will ask you to close any browsers you may have open. Once you’ve closed the browsers, click Continue for the installation to begin. Once the installation is complete, you will have the choice to restart your computer now or later.
3. Use the plug-in with your favorite browser. The software works with most Windows-based browsers. After you restart your browser, you should see the new toolbar located at the top of your browser screen. To use the software, simply click the arrow to choose the feature you would like to access.
4. The PayPal Plug-In offers several different features. First of all, it allows you to use PayPal anywhere, even at sites that don’t accept this payment option. The software also allows you to check your balance and print receipts. Last, but not least, it helps you avoid fraudulent websites.
5. Protect your credit- and debit-card numbers. The Number One reason you should use the PayPal Plug-In is to protect your finances. With the software, you’ll be able to generate a new card number for each store you shop at. You can even select whether or not you want to the number to be valid for multiple uses, or just one.
What Is a PayPal ID?
Definition
The registration process requires you to fill out a form asking you to enter a password with a minimum of eight characters, your name, and address and phone number. Your ID is your email address, which is specific to you, and together with your password, is the only way you can access your account.
Identification
When you have a PayPal account, you can add as many as eight different user IDs or email addresses to your account. Make sure you enter them correctly as this is how you receive email notifications about your account. After you add a new email address, which is actually a new ID, it takes 24 hours for PayPal to update your account. As a security measure, PayPal requires you to confirm your email address before you can add or edit a new or existing PayPal ID.
Linking eBay with PayPal
If you have more than one eBay account and want to link your eBay accounts to your PayPal account, log into your PayPal account, click 'Profile,' click 'Auctions,' then click 'Add.' If you have more than one eBay ID, add all of them now, along with each ID password, then click 'Add.' You will receive an email from PayPal confirming the added IDs. You will also receive an email from eBay confirming the link.
Fraud Protection
Protect yourself. PayPal fraud protection only works if you protect your ID and password combination. Never give this information to anyone whom you don't want to have access to your account. PayPal never sends you an email asking for personal information. PayPal never calls you and asks for personal information such as your ID and password. PayPal representatives will direct you to call them or to email them with your concerns or information.
How to Have a Maximum Donation in PayPal
1. Set up your PayPal account by registering on PayPal's website. Go directly to the official PayPal website. Click on the blue link labeled 'Sign Up,' which is located at the bottom of the gray sign-in box on the left-hand side of the PayPal homepage.
2. Click on the fourth blue tab across the screen labeled 'Merchant Services.' Then, click the third link, labeled 'Donate.' The 'Donate' link is located in the first list, labeled 'Create Buttons.'
3. Type in the maximum amount for your donors to contribute at a time by clicking on the empty circle beside the sentence, 'Donors contribute a fixed amount.' You can find this sentence in the list labeled 'Contribution amount.' Type in the money amount--50, for example, without a dollar sign in the box that automatically appears below the sentence.
4. Type in additional information to customize the button as per PayPal directions on the donation page. For example, PayPal prompts you to type in your organization's name. Then, scroll to the bottom and click the yellow button labeled 'Create Button.' PayPal will direct you to a new page automatically with HTML coding for your button. Copy and paste the coding directly to your website or blog's interface.
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