Do I Need to Link My Bank Account for PayPal?

The Facts
Although linking your bank account to PayPal increases user options, it is not an account requirement. Instead, you can use your account to accept money from other PayPal users or you can add funds on your own using a MoneyPack prepaid card. If you choose the MoneyPack option, verifying your personal information by providing MoneyPack with your name, address, date of birth and Social Security number increases the amount you can add to your PayPal account from $250 per year to up to $2,000 per month. To withdraw funds, you can use your account to pay for online purchases that accept PayPal or send money electronically to anyone with an email address and PayPal account.
Bank Option
If you choose to link your bank account, you have the additional option of transferring money, at no additional charge, to and from your bank and PayPal account. In addition, you can make online purchases using your PayPal account even if you a zero balance. In this case, PayPal will automatically transfer funds to cover your purchase using your bank account funds.
Process
You can link up to eight checking or savings accounts to PayPal via the profile section of your PayPal account. PayPal will need the account and routing numbers of each account. Once you add this information, PayPal verifies and completes the process of linking the account. You also have the option to remove a bank account at any time by selecting the appropriate account and selecting the remove option. If you have more than one PayPal account, keep in mind that you can only link a bank account to one PayPal account at a time.
Considerations
Whether you link your bank account or not, it is important to understand that under certain circumstances, PayPal does share your personal information with third parties. According to its privacy policy, PayPal does not sell or rent your personal information to any third-party companies for marketing purposes. However, it does share your information with eBay and eBay subsidiaries, fraud prevention contractors, PayPal credit card marketers, credit bureaus, any companies that merge with PayPal or that PayPal purchases and law enforcement agencies. Of these, the only you have the option to opt-out on are those that involve marketing. To opt out, go to the profile section of your account and remove the check mark from the Information Sharing box.

How to Add PayPal to a Flash Site

1. Visit the PayPal website to obtain an image of the payment button you would like to add to your Flash website. This option is located under the 'Merchant Services' tab. You can select a button for either a credit card, donate or buy now option. Once you have located the button you would like to use on your site, right-click on the image and select 'Save As.' Name the image.
2. Log into the 'Control Panel' for your Flash website or open the Flash program you would like to place the PayPal link on.
3. Upload the PayPal button to your flash website. To upload the button, click on your 'File Directory' and select the option to 'Upload.' Wording may vary slightly depending on the program you are using.
4. Select the page of your website that you would like to place the button on. Choose the option to insert an image onto the page. Select the PayPal button that you've previously uploaded.
5. Click on the button inside of your Flash editor after the button has been added to the page. Select the 'Action Script' option for the button.
6. Paste the following code, including the quotations and brackets, inside of the Action Script window.on(press) {
getURL('Paste the link for your PayPal gateway here');
}Note that after pasting the code exactly as shown, you must replace the text that is in quotations with the actual link for your PayPal payment gateway. This link can be found under the 'Merchant Services' tab of your PayPal account.
7. Save the edited Flash page. Click on the PayPal button to ensure that it is working properly.

How to Collect Money After Shipping From eBay on PayPal

1. Send money to others. If you sold a childhood toy on eBay and want to split the proceeds with your sister, you can do that by sending her half of the money through PayPal. Use the 'Send Money' tab to start the process after logging into your PayPal account. You'll need to have the recipient's email address or phone number. The company does not charge a fee for money sent to family members or friends if the funds come from your cash balance.
2. Make a purchase. In addition to using PayPal to get paid, you can also use your account's cash balance to make purchases on eBay and numerous other online retailers. The PayPal Shopping website can point you toward more than 450 stores that accept PayPal.
3. Ask PayPal to send you a check for money deposited into your account. Go to the 'Withdraw' link after logging into your account, then select 'Request a check.' Note that a fee of $1.50 applies to each check that you request. PayPal states that you should expect the check to arrive within two weeks.
4. Transfer money to your bank account. To connect your PayPal account to your bank account, go to the 'Profile' link in PayPal, then select 'Add or Edit Bank Account.' You'll need to have your bank's routing number and your account number available. It may take PayPal a few days to verify your account information. PayPal does not charge a fee to send money to your bank account; make sure your bank does not impose any fees on your account to receive the money. PayPal notes the transfer can take up to four business days, depending on your bank's policies.

Can a PayPal Account Be Linked to More Than One eBay Account?

Linking Accounts
Linking accounts is done on the eBay website in the 'My eBay' user account section. On the 'Account' tab of the 'My eBay' page, users can click the 'PayPal Account' link to access their PayPal information. If no PayPal account is linked to the eBay account, clicking the 'Link My PayPal Account' button allows the user to log in to his PayPal account. Once login is complete he simply has to verify that he wants to link the accounts to complete the link.
Multiple eBay Accounts
eBay guidelines allow users to have multiple eBay accounts so long as the accounts aren't used to violate eBay rules. This allows sellers who have an eBay store to have a personal account as well, and lets eBay users who wish to use different accounts for different purposes do so. Each account must have a distinct email address associated with it. The accounts cannot interact by bidding on each other's auctions or otherwise being used to inflate auction prices or mislead customers.
Multiple PayPal Addresses
PayPal accounts can have up to eight email addresses associated with them, though personal and premier accounts may only have one user associated with the account. New addresses can be added to a PayPal account by clicking the 'Profile' link under the 'My Account' tab visible after the user signs in to his account. Clicking the 'Add' button in the 'Email' portion of the profile or personal info page lets users add another address; a confirmation email will be sent to the address when the new email information is saved.
Linking to Multiple Accounts
Linking additional eBay accounts to a PayPal account is done in the same manner as adding a single account. Up to eight user IDs can be added to a single account. If multiple email addresses have already been added to the PayPal account, these addresses should be used when creating new eBay accounts to ensure that the user doesn't run out of available links. If older eBay accounts need to be removed to add new user IDs, they can be removed from the PayPal account in the 'Auctions' or 'My Seller Tools' portion of the PayPal user's 'Profile' page.

How to Terminate a PayPal Account

1. Go to www.paypal.com and log in to your account.
2. Click the "Profile" link at the top of the page.
3. Under "Account Information," click "Close Account."
4. Follow the subsequent instructions.

How to Pay for Something Using PayPal

1. Log into your PayPal account at paypal.com. Verify that your PayPal account is up to date, including current credit card expiration dates and bank account numbers.
2. Visit an online vendor and add items to the electronic shopping cart on the website. Click the 'Check Out' button; some vendors may have a separate 'Check Out with PayPal' button, or this option may come at a later step.
3. Select the 'PayPal' option for payment. The vendor site redirects you to the PayPal website.
4. Enter your PayPal user name and password. Review the PayPal screen, which displays how much money your purchase will cost and the name of the vendor.
5. Choose how to pay with PayPal. If you have a positive balance in your PayPal account, PayPal lists this as the first option. To pay another way, click the 'Use a different source' link to elect to use your PayPal-linked credit card or bank account. If you do not have money in the PayPal account, your previously chosen preference, for a credit card or a bank account, will be the default.
6. Click the 'Pay Now' button. PayPal returns you to the merchant's screen. Depending on the vendor, there may be an additional confirmation screen to click through, or you may get a resulting 'Purchase completed' message.
7. Check the email account associated with your PayPal purchases for an electronic receipt. You can also log into your PayPal account and check the main screen to see a listing of the most recent payment activity.

How to Cash Out a CC on PayPal

Cash Out by Transferring to Bank Account
1. Open your Internet browser and click the URL field. Type 'paypal.com' and press the 'Return' key on your keyboard. Enter your email address and password and click 'Log In.'
2. Move your cursor to the 'Withdraw' tab and click 'Transfer to Bank Account.'
3. Enter the total balance of your PayPal account into the Amount field, and select the bank account you wish to send it to. Click the 'Continue' button and click 'Submit' to confirm the transaction.
Withdraw from ATM
4. Visit a local ATM and insert your PayPal Plus credit card.
5. Enter your PIN and press the 'Enter' button. Tap the 'Withdrawal' button on the ATM screen and select the 'Credit Card' tab.
6. Select the amount you wish to take out and select 'Yes' or 'No' to receive a receipt. Be sure to remove your PayPal card from the ATM once your transaction is complete.