Wednesday, April 24, 2013
How the PayPal Withdrawal to Credit Card Feature Works
Verify Account
You must be a PayPal Verified user to withdraw money from your account to a credit card. Pass the required security checks, such as adding and confirming a bank account with PayPal or getting approved for a PayPal Plus credit card, so the network can identify you as an actual user.
Validate the Credit Card
Not every credit card will work with the withdrawal process, and each issuing bank may have its own guidelines and regulations. Test your card by initiating a withdrawal to determine if your card is an eligible source. Watch or refresh your status to ascertain if any money has transferred.Alternatively, check the card's eligibility by clicking 'Profile' on the Account Overview page and selecting 'Credit Cards' in the Financial Information column. The status will reveal if your card is allowed to be used.
Limits and Fees
PayPal has a minimum and maximum withdrawal amount that varies by country. Each withdrawal will incur a fee of $5 per transaction, and currency conversion or return fees may also apply.
Withdrawing Funds
Transfer your funds from PayPal to your credit card by clicking the 'Withdraw' and selecting 'Transfer funds to your card.' Fill in any required information and click 'Continue' to complete the transaction.
Final Transfer
PayPal typically completes the transfer to your card in five to seven business days. However your issuing bank may have policies that affect the processing time. A credit card transfer will appear as a credit on your credit card account/statement; a debit card transfer will list a credit to your bank account, and a prepaid card transfer will increase the card's balance.
What Can I Do If PayPal Freezes Account?
Causes of PayPal Account Limitation
There are many different reasons why PayPal might limit your account. In many cases, it's because you received a large sum of money within a short time. In other cases, it may be because your account has been accessed by an unauthorized user, because you received money to a suspicious PayPal account or because there is a chargeback or dispute on your account.
Steps to Remove a Limitation
When your account has been limited, PayPal will notify you by email. However, there are many scammers that use look-alike emails to gain access to your PayPal username and password. You should never click any link in any email notification of PayPal account limitation. Instead, type 'PayPal.com' into your web browser address bar and press 'Enter.' For your own safety, you should also use a browser with phishing protection to ensure that you are not redirected to a scam website.Log into your PayPal account, then click 'Resolution Center' at the top of the screen. Then select 'Learn why your account access is limited.' In most cases, PayPal will want to receive confirmation of your social security number and your telephone number, as well as proof of shipping. They may also want to see invoices from your suppliers showing that you have legitimately purchased the items you received payment for through PayPal. If you have a technical question about how to submit the forms, you can contact PayPal by email. However, if you have a concern regarding your account limitation, you should contact them using their toll-free customer service telephone number.
Additional Solutions
If you fulfill all the requirements to remove the limitation from your account, PayPal will usually lift the limitation within 3 days. If this doesn't happen, you must call PayPal by telephone. Ask if there was a problem with the information you provided and see if there is anything more you can do to lift the limitation. If the representative doesn't have the authority to make changes to your PayPal account, ask to speak to a customer service supervisor. It may be necessary to call several times before the limitation is lifted, so be persistent. To prevent further problems with PayPal account limitation, always retain merchandise invoices and shipping receipts. Also, use a secure password for your PayPal account and protect your username and password from being discovered by unauthorized persons.
How to Create PayPal Buttons
Creating Paypal Buttons
1. Log in to your paypal account. On the main page, select the Merchant Services tab. You will be directed to the Merchant Services page.
2. View the text list on the left hand side of the window that says Create Buttons. Depending on what type of button you want to create, select the associated link text. For example, we'll create a Buy Now button, so select the Buy Now button hyperlink.
3. From the dropdown menu select the payment type. You can choose from Product, Services, Gift Certificate or Subscriptions.Enter the item name, price, and currency type.
4. Select the Customize Appearance link to choose from different button display options. Select a button size and type that fits your needs.
5. Click the Create Button link at the bottom of the page once you are satisfied with your button.You will be taken to a new page that gives you the button code. You can copy and paste that HTML code and place it on your website or blog. To email the button to someone, click the Website tab and copy and paste the link given. You can then email that link and the recipient can click on it and be taken to a payment page.
How to Transfer Money to Another Person#039;s Account Online?
1. Find out if the person you would like to transfer money to has a PayPal account. If so, ask him to send you a 'money request.' This is a request that will come to you via email. Use a credit or debit card to make an instant payment to the person online. The money transfer will be deposited into the other user's PayPal account immediately once the transaction is approved. The other person can then withdraw the money to his account.
2. Visit the online banking service that is associated with your local bank. Register with your account number, social security number, name and address. If available, sign up for the bank's online wire transfer service. Enter the other person's bank account number and the amount of the transfer. The cash will be transferred in one to three days, depending on your service. You will be charged an additional wire transfer fee that can range from $10 to $30.
3. Go to WesternUnion.com or MoneyGram.com to transfer money to another person online. Click 'send money online' or a similar command. Choose between a same-day transfer (about $15 to $40 depending on the amount you are sending) or a transfer that will take approximately a couple of days to complete (about $10 to $15). Enter the receiver's name, address and the amount of the transfer. Pay for the transfer with a credit or debit card, or a withdrawal from your checking account. The money will be available for pick-up by the other person at a Western Union or MoneyGram location.
How Can I Apply for PayPal Credit?
1. Visit PayPal.com. Enter your PayPal email address and password and click 'Log In.' You must have a PayPal account.
2. Click the 'Products and Services' tab at the top of the page. Click 'View All PayPal Products' and select 'PayPal Extras MasterCard.'
3. Click 'Apply Now.' The secured PayPal Extras MasterCard credit card application will appear.
4. Select a standard or custom design. If you are approved for the card, PayPal will send you an email and allow you to upload a custom photo to serve as the design for your card.
5. Verify your contact information. Your PayPal information is already entered as your credit card information, such as your name, address and phone number. Click 'Change' to edit any of the information.
6. Enter your date of birth and annual income. Do not include child support or alimony unless it is income you depend on. Click 'Yes' under 'Streamline your shopping' to always checkout with your PayPal MasterCard credit card when you use PayPal as your payment method. Select 'No' if you do not want to automatically use your PayPal credit card.
7. Select 'Yes' under 'Go paperless' to receive your statements through email, or select 'No' to receive traditional mail statements. Click the check-box next to 'Yes, enroll me in the card security program' to sign up for the card security program, which will pay your PayPal balance up to $10,000 in case of unemployment, hospitalization or an approved leave of absence from your job.
8. Scroll through and read the terms and conditions, and then agree to the terms and conditions and click 'Agree and continue.' You will receive a decision in 30 seconds. You will first be considered for the PayPal Extras MasterCard credit card, and if you are not approved, you will be considered for the PayPal Smart Connect Card. The Smart Connect Card has less features and a higher interest rate. You will receive a 'We're unable to approve you' message in 30 seconds or less if you are not approved for either card. If you are approved, you will receive a confirmation email and the card will typically arrive in the mail in three to four weeks.
Tuesday, April 23, 2013
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.
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