Sunday, March 17, 2013

How to Set Up Direct Deposit From PayPal to Chase


Account Setup
1. Log in to your PayPal account.
2. Click 'Profile.' Select 'Add or Edit Bank Account.'
3. Click the 'Add Bank' button.
4. Click the radio button next to 'Checking' or 'Savings,' depending on which type of Chase account you are adding.
5. Type the routing number and account number in the fields provided. Click 'Continue.'
6. Click 'Confirm' under the Chase bank account entry.
7. Click 'Set up Direct Debit.' Type in the full address of the bank account in the provided fields. Click 'Submit.' PayPal deposits two small random amounts -- typically less than $1 each -- into the account within two to three business days.
8. Log into your Chase bank account to verify the deposit amounts. Write the deposit amounts down.
9. Log into your PayPal account. Click 'Profile.' Click 'Bank Accounts.'
10. Click 'Confirm' next to the Chase bank account. Type the two deposit amounts into the two fields. Click 'Submit.' The account is confirmed.
Direct Deposit
11. Click 'My Account.' Click 'Withdraw.'
12. Click 'Transfer to Bank Account.' Click to select the Chase bank account.
13. Type the amount you want to direct deposit into your account. Click 'Continue.' Verify that the information is correct and click 'Submit.' The money direct deposits into your Chase bank account within three to five business days.

Pay Pal Security Account Access Has Been Limited


Phishing Scam
Scammers send official looking emails to targets attempting to gain access to your account. The email provides a reason for the limiting of your account and directs you to the 'Resolution Center' to resolve the problem. If the email is from a scammer, the resolution center is a website designed to steal your username and password. Clues that the email is a fraud include a non-personalized greeting, requests for sensitive information and links that send you to a site that does not end in paypal.com, according to Cyber Top Cops. If you have concerns about the validity of an email from PayPal, login to your account from the page you normally use to check for a message. If there is no message in your account, forward the entire email -- including headers -- to spoof@paypal.com.
Reasons for Limiting Access
PayPal limits account access to protect customers and the company if there are issues with an account. Reasons for limiting access include possible security breaches, disputes or charge backs and violations of PayPal policies, according to PayPal. While PayPal does send users an email notification when it places restrictions on accounts, account holders can verify the access limits by logging in to their account from PayPal's website.
Resolving Limited Access
To resolve limited access issues, login to your user account and click the Resolution Center in the menu options. Often removing the limits requires nothing more than verifying your identity by sending PayPal a copy of your driver's license or other identification documents. When you supply the information that PayPal requests, they will review the documents and lift the restrictions. While verification can take longer in some instances, PayPal tries to complete reviews within 48 hours after receiving documentation.
Considerations
The ability to send or receive money during limited access to your account is dependent on the reason for the limitation. Typically, you will be able to continue receiving money but withdrawing money may not be possible until you resolve the problem. If resolution does not occur within a couple of days, you should contact PayPal by phone to determine the steps you must take to have access to your funds.

Saturday, March 16, 2013

How to Mark a PayPal Invoice as Paid


1. Launch an Internet browser and go to Paypal's website. Log in to your account.
2. Find the invoice in the list of items on your main account page.
3. Click the drop-down menu in the 'Order Status/Action' column. Choose 'Paid' in the list of options.

How to Delete a PayPal Account


1. Log in to Paypal.
2. Click the "My Account" button and choose “Profile.”
3. Choose "My Settings" from the menu on the left.
4. Click on the “Close Account” link under the “Account Type” section at the top. Confirm your identity by entering a card or account number that is linked to your account. You will not be allowed to close the account without this information.
5. Confirm the deletion of your account on the next page. You will not be able to reinstate your account once it is deleted.

Friday, March 15, 2013

Will PayPal Make Deposits to an Overdrawn Bank Account?


Linked Bank Account
When you sign up for PayPal, you have the option of linking your bank account to your PayPal account. PayPal will send two small deposits to the account you specify. After you receive the deposits, log in to PayPal to enter the amounts of the deposits to verify your account. If you did not link your account when you opened your PayPal account, you can link your accounts later by clicking on 'Add Bank Account' on your account overview page and entering the requested information.
Transferring Funds
Once PayPal verifies your bank account, you can transfer money from your PayPal account to your bank account by clicking on the 'Withdraw' link from youe account overview page and choosing 'Transfer to Bank Account.' Enter the amount you wish to transfer and choose your account from the drop-down menu. If your bank account information is wrong, PayPal will charge you a fee for funds returned to your account.
Delay to Transfer
It will take three to four business days for the money transfer to complete. During this time, your bank account will remain overdrawn and you will not be able to access the money from PayPal. It can take longer depending on your bank's policies. There is a $1 minimum withdrawal amount if you are in the United States.
Considerations
If you need to cover your overdrafts quickly and you have a PayPal debit account, you can get cash off of your card to put in your bank account. Typically, you will pay a fee if you withdraw cash from an ATM, but if you request cash back from a purchase there are no fees. You can then take the cash to your bank to deposit into your account.

Alternatives to PayPal eChecks


PayPal Balance
You can make payments directly from your PayPal account balance. You will need to first link your bank account in order to add funds to the balance. Linking your bank account can take a matter of minutes if you use online banking; otherwise, it will take several days for your bank account to be linked. The recipients of your payments will not see your bank account information if you choose this option.
Debit or Credit Card
You can use your debit or credit card as a source of funding when you don't have enough money in your PayPal balance to make payments. PayPal permits the use of four types of credit cards: Visa, MasterCard, Discover and American Express.You need to add your credit or debit card number to your PayPal profile to use this option. PayPal requires you to go through a confirmation process to make sure you are the rightful owner of the card. Keep in mind that if you have money left over in your account balance, PayPal will use that money up first before resorting to your debit or credit card. Using this option will not expose your debit or credit card number to recipients.
PayPal Credit Products
PayPal Plus Credit Card and PayPal Buyer Credit are two PayPal-specific products available to members. These products are exclusively designed for PayPal members, as stated on PayPal's website. The PayPal Plus Credit Card is a MasterCard that you can use anywhere (online or in person), regardless of whether PayPal payments are accepted.You must go through an application process to obtain a PayPal credit card; if, for some reason, your application is rejected, PayPal will consider you for Buyer Credit, which is similar to the credit card, except you can only use it where PayPal payments are accepted. In addition, reward points and other perks are not available to PayPal Buyer Credit users as they are for the MasterCard holders.

How to Close a Case on PayPal


1. Log into your PayPal account at paypal.com.
2. Point to 'Resolution Center,' and click 'View Open Cases.'
3. Click the Case ID of the case you want to close, then click 'Close Dispute.'
4. Enter any comments you want to add, then click 'Close Dispute' again to close the case forever.