The Advantages of Using PayPal

Choose From Several Account Options
According to Paypal.com, one of the advantages to using PayPal includes the ability to set up accounts for your own personal use, an online business, or for a student. If you choose to set up a personal account, you can accept payments from other PayPal users and shop online anywhere PayPal and credit cards are accepted. In this case, payments received and payments sent are both free and are not affected by any additional PayPal fees since you are not accepting credit cards.
Send and Accept International Payments
Another advantage PayPal offers is the ability to send and receive international payments. Paypal.com says they accept payments in the form of twenty-three currencies, including Canadian dollars, British pounds, Euros, Swiss Francs, Mexican Pesos and Yen.International payments fall subject to currency conversion fees when money is sent or received and then converted into your preferred currency. Most of these fees begin at 3.9% for amounts up to one hundred thousand dollars, in addition to a nominal fee above that into whichever currency Paypal converted your payment. For example, if you received a payment for less than three thousand dollars from Mexico, paypal.com will charge you 3.9% plus four dollars in Mexican Pesos.
Accept Credit and Debit Cards
Paypal.com makes transacting online business payments easy by giving you the option of accepting debit and credit cards. By opting for a premiere or business account, you can accept all major debit and credit cards from buyers who may or may not already have a PayPal account. This is an advantage to you as a seller because you can accept payments from non-PayPal users who don't wish to sign up for their own account.Sending payments from a premiere or business account to any other online establishment is free, but any credit or debit card payments accepted will charge your account for a processing fee. The maximum fee for credit card payments starts at 3.9% plus an additional thirty cents and applies to payments under three thousand dollars. Additional payment brackets apply to higher payment quantities, where the percentage applied to the payment goes down.
Keep Track of All Transactions
Paypal.com allows you to keep tabs on every inbound and outbound transaction. Using their recent activity, history, payments received and payments sent tabs, you can download spreadsheet files detailing who sent or received the payment, the date of the transaction, the amount, the currency and the payment type. This makes it easy for you to find when you sent or received a payment and keep all your accounting in order. You can even specify to download over a years' worth of account information, if you choose.

How to Change My Credit Card on PayPal

1. Sign into your PayPal account. This opens a screen to your main account page.
2. Place your cursor over 'profile' on the top right tool bar. This opens a list of options.
3. Scroll down and click on 'add or edit credit card' from the 'profile' list options. This gives you a list of your credit cards already in the PayPal system. The list is in order of use---PayPal will try to transfer money from the first card first.
4. Click 'Remove' next to any card you do not want used.
5. Click the yellow 'Add a card' button on the lower right to add a new card. Fill in the text boxes on the following screen, then click the yellow 'Add card' button to submit the new card.

How to use Paypal in Xoom Money Transfer

1. Create an Account or Sign in.
2. Click Send Money button on the upper left corner of the web page.
3. Fill the all required information.
4. Choose any of the following options: Cash Pick up, Bank Deposit or Door - to - Door Delivery. No matter which option you choice, fill in the required information to process your transaction.
5. Choose Pay with your Debit Card, Credit Card or PayPal account under payment information. This is the most important part of this process because you are using your PayPal account for this transaction.
6. Scroll down and check Add a PayPal Account under Select a Payment Method category. At the button end of the page you can enter a coupon code if you have. This way you can save money for service fee.
7. Then click Next button and Authorize. You will be directed to your PayPal account. Enter you Password and follow the Paypal's procedure.

Can You Transfer Monies From PayPal to a Checking Account?

Transferring Money
Transferring money into your checking account requires you to have a verified checking account linked to your PayPal account. PayPal's website guides you through the steps in linking your checking account, but the verification process can take time. Once your checking account is verified, log in to your PayPal account and choose 'Withdraw,' then 'Transfer to Checking Account' from the dropdown menu. You're then taken to a form asking how much you wish to transfer and to which checking account if you have more than one on file. Be aware that a transfer of funds takes between three and four business days, as of January 2011, so your funds don't arrive immediately.
Currency Conversion
If you receive money in currencies other than your own, you first need to convert the currency to your own denomination to withdraw it into your bank account. PayPal's menus walk you through this process when you receive money in another currency. You can keep your money in your PayPal account in different currencies if you wish, then convert it when you wish to transfer it into your checking account. Currency conversion rates fluctuate and are determined by the current exchange rates at the time you convert your money.
Fees
As of January 2011, PayPal doesn't charge any fee to transfer money from your PayPal account into your checking account. Conversion of currency also doesn't incur any fees; however, there may be fees associated with receiving money in your PayPal account in a currency other than your own. For additional information, log in to your PayPal account and click 'Fees' at the bottom of the page. According to PayPal, any and all applicable fees are charged in your native currency.
Other Considerations
It's possible to have a PayPal account without linking your checking account to it. It's also possible to get money from your PayPal account into your checking account if this is the case. As of January 2011, PayPal issues a check based on funds in your PayPal account at your request; however, there's a fee for this service. If you have the PayPal debit card, you can also withdraw cash from any ATM, then deposit it directly into your checking account. Both PayPal and your bank may charge ATM fees for such withdrawals, however.

How to Create a Shipping Address for Canada in PayPal

1. Log in to your PayPal account and click the "Print shipping label" button on your Account Overview page. Alternately, bring up PayPal's "Create Your Shipping Label" page for transactions that are not performed via PayPal.
2. Click the "Canada" option next to the Ship To title. Enter the required information, including your recipient's name and mailing address, in the provided text fields.
3. Choose a shipment method, such as "Express Mail International," under the Shipment Information section, and enter the data about your package, including the weight, in the provided fields.
4. Select a mailing date under the Shipment Options title and enter an optional email message in the text box. Click the "Continue" button to proceed.
5. Preview your shipping address for Canada on the page that appears and when ready, follow the prompts to pay for and print your label.

How to Make a Large Donate Button in PayPal

1. Log in to your PayPal account. This creates the link to your specific account used by the Donate button.
2. Click on the 'Merchant Services' tab. Click on 'Donate' under 'Create buttons' on the next page.
3. Type your organization name and optional donation ID into the two text boxes under 'Step 1.' Customize your button's text and appearance to display what you want to show. Select your currency from the drop-down menu beneath the customize box and specify the contribution amounts and merchant account IDs. Click on 'Create Button' to go to a page with your Donate button code.
4. Press the 'Select Code' button to copy the code for it. Open your HTML page and insert the cursor where you want to place your Donate button. Paste the code here.
5. Modify one of the elements in the button's code to increase the button's size. One of the lines begins with '<image type='image' src=...'. Type 'width=250px' within the element to make the image stretch to 250 pixels. Modify the actual number of pixels to suit your needs on your page. Save your HTML file and upload it to your Web server.

How to Get a New Paypal Account

1. Click on the 'Sign Up' link at the top of PayPal's homepage. A link to PayPal's homepage is provided in the References section. A new page will appear after you click on the 'Sign Up' link.
2. Select an account type. PayPal offers personal accounts (for making payments), premier accounts (for making and receiving payments), business accounts (for company use) and student accounts (for parents of teen-agers).
3. Click on the 'Get Started' button. It is located beneath your preferred account type.
4. Enter your personal information. Include your email address, first and last name, mailing address, phone number and a secure password that consists of at least eight characters. All PayPal transactions are linked to the email address that you provide upon signing up.
5. Click on the 'Agree and Create Account' button.
6. Choose your preferred method of payment. PayPal allows an account holder to pay directly from his checking or savings account or by credit card.
7. Click on the 'Continue' button.
8. Enter payment information. When entering credit card information, include the card number, expiration date and card security code. When entering checking or savings account information, include the bank name, account type, routing number and account number.
9. Click on the 'Continue' button to complete the process.