PayPal Pros amp; Cons

Acceptance
PayPal is a widely accepted method for buying and selling things online. While it was originally used mostly in transactions between two private parties, such as for eBay auctions, PayPal is now an accepted payment tool for almost all e-commerce websites. The widespread acceptance of PayPal makes it a great way to pay for shopping online. Checking out and paying with PayPal is usually much faster than paying with a credit card, because your financial information is already linked to your PayPal account.
Email Linkage
Another advantage of PayPal is that a given PayPal account is linked to an email address. This means that the only information that you need to give someone in order to receive a payment via PayPal is the email address associated with your account. This makes for an extremely convenient and streamlined payment process, however it does come with the risk of sending payments to the wrong recipient if email address are entered incorrectly.
Transfer Speed
The payment process of PayPal is fast and easy to understand, but the rate at which funds are ultimately transferred can vary. It can sometimes take several days for a pending payment to be cleared, and until a payment is cleared, funds will not be available. Another issue is that funds received via PayPal are added to your PayPal account balance, not the balance of any linked checking or savings accounts. After receiving payments with PayPal, you must schedule a balance transfer from PayPal to an outside account unless you plan to keep the money in your PayPal account. Transferring funds from PayPal to a linked account usually takes a few business days, which can further delay the time until you actually have access to funds you receive with PayPal.
Security
One of the main reasons people use PayPal is for financial security when shopping online. While any online financial transaction is more risky than going to a bank, using PayPal is for online shopping avoids entering financial information at every individual website you visit for shopping. This can help reduce the chance of having your financial information getting into the wrong hands.
Fees
One of the biggest drawbacks of using PayPal is that certain payments will incur fees. Money transfers made between friends and family are not charged fees, but payments made for the transfer of goods and services are charged a flat rate of 2.9 percent for transfers under $3,000 plus an additional 30 cents. Fee percentages are lower for payments greater than $3,000.

How Can I Use PayPal When My Money Is Stuck in It

PayPal Merchants
1. Launch your browser, type 'www.paypal-shopping.com' in the address bar and press the 'Enter' key. Select a shopping category in the left-hand directory or click a featured merchant in the main window.
2. Select an item or a gift card option from the desired merchant and choose the PayPal purchase option during the checkout process. Purchasing a gift card from one of your favorite merchants such as Sears, eBay or Restaurant.com provides more direct access to PayPal funds as well as seasonal bonus rewards.
3. Log into your PayPal account when prompted during checkout and authorize payment to the merchant using your current PayPal balance.
Transfer to Bank Account
4. Log onto your PayPal account and click the 'My Account' tab.
5. Click the 'Profile' link and select the option 'Add or Edit Bank Account.' If you don't have a checking account listed, click the 'Add Bank' button and enter your checking account information. Check that PayPal registers the bank account status as 'Confirmed' before proceeding to the next step.
6. Click the 'Withdraw' link and then select the option 'Transfer to Bank Account.'
7. Type the desired amount in the field next to 'Amount.' If you want to withdraw the entire PayPal balance, type the amount next to 'From this balance.' Confirm that your desired bank account is listed next to the 'To' field before clicking the 'Continue' button. Click the 'Submit' button to confirm the transaction and the estimated time frame for the transfer to be completed.
PayPal Debit Card
8. Log onto your PayPal account, click the 'My Account' tab and the 'Profile' link.
9. Click the 'PayPal Debit Card' link under the 'Financial Information' column and click the 'Change' link next to 'Backup Payment Settings' for that card. Set your checking account as your backup payment method and, if desired, adjust your daily spending limit and daily ATM limit. Save these settings.
10. Click the 'Change PIN' option for the card, set a new ATM PIN and save this setting before logging out of your PayPal account.
11. Present your PayPal debit card at a merchant to pay for a purchase as a credit card transaction or go to a local ATM machine and use your PayPal debit card to withdraw funds as cash. PayPal charges a fee for all debit and ATM transactions that require entering a PIN and limit the daily amount according to the account limits set in Step 3.

How to Buy Glasses With PayPal

Sign Up For PayPal
The first step to buying glasses via PayPal is to sign up for an account. To do this, visit paypal.com. Use a valid email address as your username, then enter a password and either your credit card information or bank account number.
Confirm Your Account
Once you sign up for PayPal, a confirmation link will be sent to your email address. Click on the link to confirm your account. After that, you can transfer funds from your bank account or credit card into your PayPal account to set up a purchase.
Buy Your Glasses
Most retailers that offer glasses in a physical store offer them online as well. Most also accept PayPal payments. With that in mind, find the glasses you want, add them to your online cart and then click your method of payment. If PayPal is among the options, click on it and buy your glasses.

How to File a Complaint With PayPal

1. Log into your account on the PayPal website.
2. Determine if your complaint is because an item being delivered was different from its description, an order was never delivered or an unauthorized transaction took place.
3. Click the 'Resolution Center' hyperlink under the 'My Account' tab on the top of the homepage if you have a dispute related to an undelivered item or if the delivered item is significantly different than its description.
4. Click the 'Dispute a Transaction' hyperlink to open your case. You must open your case within 45 days of the date that payment was made. From this point, you have 20 days to resolve the dispute with the seller.
5. File a claim with PayPal in the 'Resolution Center' if you cannot come to an agreement with the seller. You must file a claim within 20 days of opening the dispute. Disputes not escalated to a claim within 20 days will be considered resolved. PayPal will investigate the transaction and resolve the claim either in your favor or in favor of the seller.
6. Enter the details of your claim in the 'Resolution Center' under the 'My Account' tab if your complaint involves an unauthorized transaction. PayPal will review the specifics of your claim, request any additional information needed from you and other involved parties and refund the amount of the transaction if deemed unauthorized. If other parties are involved, PayPal will request information as needed and give the other parties seven days to respond before settling the claim.

How to Pay for Items With a PayPal Bank Account

Send Money
1. Open a Web browser on your computer. Go to PayPal.com. You can find a link to this website in the resources section of this article. Log in to your PayPal account.
2. Click the 'Send Money' tab located at the top of the PayPal window.
3. Type the e-mail address to which you want to send payment and the amount of money you want to send.
4. Click 'Continue.' Review details of the payment and click 'Send Money' to complete the payment. Payments are sent instantaneously, and the funds are automatically deducted from your PayPal bank account.
Web Merchants
5. Open the web browser on your computer and find the item you would like to purchase. Look for the PayPal logo to find a merchant that accepts PayPal.
6. Check out through the Web merchant's shopping cart. Select 'PayPal' as your payment method. The merchant's web site will ask you to log on to your PayPal account. Enter your PayPal e-mail address and password and press 'Continue.'
7. Confirm the details of your purchase and click 'Continue' to complete your purchase. The funds are automatically deducted from your PayPal bank account.
Debit Card
8. Open a Web browser on your computer and go to PayPal.com. Log in to your PayPal account.
9. Click the 'Products and Services' tab. Select the 'PayPal Debit Card' and enter the requested information to apply for your card. The PayPal debit card is free of charge. However, you need to have an PayPal Premier or Business account that has been active for 60 days.
10. Wait for your PayPal card to come in the mail. When your card arrives, use the card at any on- or offline merchant that accepts MasterCard. The funds for your purchase are automatically withdrawn from your PayPal bank account.

How to Create a Donation Website

1. Use software. Donations need to be timely. You might need to raise money to pay rent or help someone in a news story. Learning how to program, design and build a website can takes months or even years. Consider creating a donation website with existing software. Set up a blog for free with Google's Blogger in just a few minutes. Utilizing existing software lets you focus on the problem at hand instead of adding stress by learning how to make a website from scratch.
2. Share your story. There are a lot of donation websites out there. Yours needs to stand out. Tell people why they should give to help support your cause. Blog on your site often with thank-you notes for the donations. Update your blog regularly to keep readers aware of the running totals of their donations and progress that has been made with your charity or situation.
3. Create a banner or button. If you don't have a design program, use MS Paint. Not everyone who visits your donation website will be able to afford to give money. Visitors can help spread the word out to reach other Internet users. Make a button that details the cause in a few words. If the donation is going to help a specific person, include their picture in the background to lend legitimacy to the cause. Readers can place the button on websites, blogs and forums to get the word out about your donation site.
4. Set up secure payment processing. A visitor may be more likely to donate if your site is trustworthy. People may be wary of giving their credit card information out even if it's for a good cause. PayPal offers a free donation button where users don't even have to have a PayPal account to give money. Buyers will be able to pay from their own PayPal accounts or using their credit card.
Enter the name of your organization in the button creator. Change the appearance of the button and decide what currency users should donate in. Include an email address to receive payments and select whether donors should give a specified amount. Copy and paste the generated code into the html of your blog post or side bar.
5. Accept any amount of money. Readers may be leery of donating a set amount. Ask for anything your visitors can afford. If Internet visitors support your cause the pennies will add up quickly. If they are unable to donate, encourage them to leave thoughtful or inspiring messages.
6. Harness your existing site, auction or estore. Turn any sites that you already have into donation websites. You may make more sales if you donate a percentage of each sale to charity. Customers get a product they need and also help people at the same time.
7. Get the word out about existing charities. You might not be able to set up your own charity due to time constraints. Instead promote a charity that you already believe in using your donation site. Make readers aware of any prevention programs that exist as well as fundraisers.

How to Cancel a PayPal Transaction

1. Log in to your PayPal account.
2. Click 'History.'
3. Locate the payment that you wish to cancel.
4. Click the 'Action' drop-down menu and select 'Cancel.'
5. Click 'Cancel Payment' on the next page to confirm the cancellation.

How to Receive PayPal Payments With Only a Debit Card

1. Create a PayPal account. Log into paypal.com and click the link that says 'Sign Up' on the top of the page. Follow the prompts to establish the type of account you need (personal, premier, student or business). You will need to provide your email address, physical address and phone number. Be sure to carefully read the User Agreement and Privacy Policy before agreeing to it.
2. Pay for your purchases directly from your bank account. Once you sign up for your PayPal account, you will be taken to a page that allows you to choose between 'Pay with my bank account' and 'pay with my credit card.' Click the 'continue' button under 'Pay with my bank account.' Enter the name of your bank, the type of account you would like to pay from (checking or savings), your bank's routing number and your account number. Receive funds from yourself. Select the 'add funds' link at the top of your PayPal home page once you have finished establishing your bank account.
3. Receive funds from someone else. Click the 'request money' tab at the top of your PayPal home page. Fill out the recipient's email address and the amount of money that you wish to receive for goods or services rendered. Or, select the 'Create an Invoice' tab at the top of the page (directly beneath the 'Request Money' tab) to send an invoice to a business. Simply fill out your address and phone number, the recipient's email, the amount you wish to receive and the item(s) for which payment is due. You may also include any shipping costs or taxes associated with the goods or services rendered.
4. Access your money with a PayPal debit card. Click the 'Products and Services' tab at the top of your home page. Then click the 'PayPal Debit Card' link below. Follow the prompts to verify and upgrade your PayPal account, and provide a shipping address. You will be sent a PayPal debit card in the mail that will allow you direct access to the PayPal payments you receive.

How to Make a Donation Website

1. Sign up for a web host and domain service. Choose a domain name that is directly associated with your purpose for requesting donations so that it will be more easily located and your visitors will understand what the site is about immediately. For instance, if you are collecting money for your little league team, littleleaguedonations.com would be an ideal choice. Expect to pay anywhere between $5 to $20 per month on your hosting service.
2. Sign up for a PayPal account. This service will allow you to accept donations online without paying an upfront or monthly fee. You will pay a per transaction fee for each donation that you accept. You will also be able to generate PayPal 'Donate Now' buttons automatically using your account.
3. Create three main HTML web pages for the site: 'Homepage,' 'About the Cause,' and 'Donate Now.'
4. Start by creating your donation homepage, which will contain all of the links to your other pages. The homepage should have about 350 words about your company or yourself, and the reason why you are asking for donations.
5. Include a few photos related to the cause on the homepage. Create a side or top menu bar with links to all of the main pages of your site. In addition to the item on the menu, include a large, prominently displayed brightly colored button on the front page that says 'Donate Now.'
6. Write about your cause or purpose for asking for donations on the 'About the Cause' page. Provide a detailed background on your organization or yourself to assure the potential contributor that your cause is legitimate and worthy.
7. Create your 'Donate Now' page. Tell the reader again why you need this donation and where the money will go. You will place another 'Donate Now' link on this page --- this time one that is generated by PayPal to take the visitor to the PayPal site to complete the donation.

How to Setup a PayPal Sandbox Developer Account

1. Open a Web browser and navigate to the sandbox sign-up page.
2. Type the information into the sign-up form. Paypal recommends that you do not use the same email account name that you use to log in to Paypal.
3. Click 'Agree and Submit.' Paypal creates your account.
4. Navigate to the Paypal sandbox log-in page. Log in to your test account using the user name and password you set up in step two.
5. Click 'Log In.' The Paypal sandbox account window opens, looking just like a user's Paypal account. You use this account name to set up your Paypal code in your programs.

How to Set Up Pay

1. Go to the PayPal website and click the "Sign Up" link to create a new PayPal account if you do not already have one.
2. Choose to make either a Premier or Business account. Personal accounts may not use the PayPal shopping cart, and will be upgraded to Premier or Business accounts automatically if the merchant services are accessed. Choose a Premier account if you are an individual, or choose the Business account option if you are a merchant with a business name.
3. Provide all of the information required on the registration form. Premier accounts will require much less information (needing only a name, address, email address and password), while Business accounts require more (including the business's name and information).
4. Click on the Merchant Services option under the Business tab once you have logged in to your account.
5. Choose either the Website Payments Standard or the Website Payments Pro option for your cart. While the latter has a monthly fee, it also allows you to process credit card payments on your own website rather than forwarding customers to PayPal's website. With either option, your customers do not need a PayPal account.
6. Select the category that matches what you will be receiving payments for. This option affects only which parameters you must supply and what your button will look like. For instance, the "Products" option will give you a "Add to Cart" button, while the "Donation" option will give you a "Donate" button.
7. Enter the name of the item, its price, the shipping cost and tax rate. Other types of buttons (for example, donations) will allow you to enter a fixed amount associated with the button, or will generate a blank form into which your customer may enter any amount.
8. Click "Create Button" and PayPal will generate code that should be copied and pasted to your website. Select all of the code in the box and copy it by choosing "Copy" from the Edit menu. Then, paste the code into the source of the webpage on which you want the button to appear.
9. Create buttons for every specific good or service you plan to sell on your eCommerce website and continue to add the button code to the appropriate pages on your website.

Can I Get a Refund Through PayPal?

Contact the Seller
Before opening a dispute to receive a refund, PayPal suggests contacting your seller as a first step to resolving any problems. Most sellers would rather settle problems directly with buyers to avoid the arduous resolution process. Express your concerns to the merchant via email or other means of contact to work out an alternative agreement, such as a replacement item. If you aren't interested in a replacement or simply want a refund, you can move on to opening a dispute.
PayPal Disputes
A PayPal dispute is a formal means of bringing your complaint to PayPal's attention and the first step in receiving a refund. If the seller is non-responsive, opening a dispute in the Resolution Center will give him incentive to resolve your complaint as soon as possible. PayPal still requires sellers and buyers to work out their problems themselves during disputes. You have 45 days from the origin purchase date to open a dispute and 20 days to settle it. If you do not settle the dispute within 20 days or escalate the dispute to a claim, PayPal will close the dispute without issuing a refund.
PayPal Claims
Buyers who are unable to resolve disputes within 20 days must elevate the dispute to a claim to receive a refund. At this point, PayPal reviews the claim and decides if the buyer is entitled to a refund. If you receive an item that is significantly not as described (SNAD) by the seller, you must make specific SNAD claim. If PayPal finds that the item's condition was misrepresented or the item is not authentic, per PayPal's user agreement, the company will automatically issue a refund for the purchase, but you are responsible for shipping the item back to the seller.
Considerations
PayPal issues refunds according to how you made the original payment. If you purchased an item from a PayPal or eBay merchant via credit card, the refund will post to your credit card if you opened the dispute within 60 days of the original purchase date. However, it still may take up to 30 days for the credit to appear on your bank statement. All refunds made 60 or more days after the original purchase date are deemed new transactions and will credit to your PayPal balance.

How to Transfer from PayPal to a Walmart Card

Retrieve MoneyCard Account Information
1. Visit the Walmart MoneyCard website.
2. Type in your MoneyCard number or your website user ID. Fill in your password, select your card's expiration date and type the log-in code in the appropriate box.
3. Click 'Log-in.'
4. Click 'Online Bank Transfer' under the Add Funds tab. Scroll down until you see the section labeled 'To Make a Bank Transfer Reload.'
5. Write down the issuing bank name -- GE Money Bank -- the ABA Routing number and your personal ACH number. Note that the type of account is checking. You must be logged in to see this information.
6. Click 'Log Out.'
Adding the Walmart MoneyCard
7. Visit the PayPal website. Type in your username and password to log in.
8. Click 'Profile' in the toolbar.
9. Click the 'My Money' link in the panel on the left side of the screen.
10. Click the 'Add My Bank' link in the Bank Accounts section on the right side of the screen.
11. Click 'Checking.'
12. Type the 9-digit routing number in the Routing Number box. This is the ABA Routing Number from the Walmart MoneyCard website.
13. Type your account number in the Account Number box. This is your personal ACH Number from the Walmart MoneyCard website.
14. Click 'Continue.' PayPal will add the MoneyCard to your account and make two small deposits to it.
15. Check your MoneyCard account to check the amounts for each deposit. Enter those amounts at the PayPal website to confirm your MoneyCard.
Transfer from PayPal
16. Sign in to your PayPal account.
17. Click 'Withdraw.'
18. Click the 'Withdraw Funds to Your Bank Account' link in the Options box. PayPal takes you to the Withdraw Funds by Electronic Transfer page.
19. Type the amount of money to transfer in the Amount box.
20. Click the drop-down box in the To section. Choose 'GE Money Bank Checking (Confirmed).'
21. Click 'Continue' to open the Review Withdraw Funds page. Make sure the information on the page is correct.
22. Click 'Submit' to transfer from PayPal to your Walmart MoneyCard.

How to Build an Online Store Using PayPal

1. Visit the PayPal website. Sign in with your username and password. If you do not have a PayPal account, sign up for a business account. It's free, although PayPal's portion will be taken out of sales once the transactions are made.
2. Sign up for a domain name and hosting or get a free sub-domain. The domain name should be something related to what you're selling in order to get more visitors/buyers. For example, if you're selling cookies, your domain could be something like cookiefactory.com. Be sure that the site editor allows you to paste custom HTML in the code.
3. Click on the 'Merchant Services' tab on your PayPal home page. Click on 'Add to Cart' button. Select all of the correct options for the items you'll be selling. Enter the name of the item and an ID if needed. Enter a price, a shipping price, and tax. Enter all of the information for your store. Click 'Create Button.'
4. Copy the HTML code that is provided for you.
5. Create images for the products/services that you are selling. Upload them to an image-hosting site that provides you with an image code. Save the image codes for each image.
6. Open your site editor provided by the hosting company you're with. Paste the HTML code for your images in the editor. Paste the HTML for the button underneath the image code of the product.
7. Repeat steps 3 through 6 for every item in your shop. Save your online store website and publish it to the internet.

Can I Use One PayPal Account for Two eBay Accounts?

Creating Two Accounts
The eBay terms of service allow users to create multiple eBay accounts provided that certain rules are met. Each account must have a unique user ID and have a different email address associated with it. Once created, the accounts aren't allowed to interact with each other on the eBay website; users found using two accounts in conjunction to increase bids or otherwise artificially inflate the cost of auctions can have their accounts suspended or banned.
Paying with PayPal
PayPal can be used to pay for most eBay purchases as long as the seller accepts it as a payment method. PayPal users can send payments for their items using the eBay checkout system or directly from their PayPal account to a seller-provided payment address. PayPal can be used regardless of which user ID the item or items being paid for were won with; if the payment is being sent directly through PayPal then the account doesn't even need to be linked to an eBay account.
Being Paid with PayPal
When selling items on eBay you can receive payments in your PayPal account even if your account is associated with a different eBay user ID. Your PayPal account must be linked with the user ID for your eBay seller account to use PayPal as a payment option on your auctions. Any PayPal payments you receive for auctioned or sold items will be deposited into your linked PayPal account automatically.
Linking Multiple Accounts
You can only link a single PayPal account with an eBay user ID, but you can link up to eight user IDs with a single PayPal account. On the 'Accounts' tab of each user ID's 'My eBay' page, click the 'PayPal Account' link to access the PayPal information page. Click the 'Link My PayPal Account' button and log in to your PayPal account to link it to the user ID. You may then repeat this process with your other eBay account using the same PayPal account.

How to Update a PayPal Account

1. Go to Paypal.com. Log in to your PayPal account using your email account and password.
2. Click the 'Profile' link at the top of the page.
3. Click any of the provided links to edit the corresponding information, such as email, bank accounts, credit cards, language preference and time zone.
4. Select 'Save' when you make the necessary changes. Click 'Log Out' when you are finished.

Can You Claim a Refund Through PayPal?

Request a Refund
The easiest way to get a refund through PayPal is to ask for one directly from the seller who sold you the goods or services you bought using PayPal. In the seller's account, that person would go to the payment history, select your payment and click the 'Issue a Refund' button.
Open a Dispute
If the seller isn't willing to refund your money, open a dispute with the seller through PayPal. You do this by logging into your account, finding the transaction ID of the purchase in question, going to the 'Resolution Center' tab and clicking 'Open a Dispute.' According to PayPal, acceptable reasons for opening a dispute include not receiving an item or receiving an item that was 'significantly different than it was described.' Be prepared to provide documentation to support your side of the story.
Upgrade a Dispute
If you can't resolve a dispute with the seller using PayPal's dispute process, you can escalate the dispute to a claim. The claim process is based on arbitration, in which PayPal will review the cases presented by both sides and decide in favor of either the buyer or the seller. In some cases, the disputed amount may be split between the buyer and seller.
Considerations
Contact a seller for a refund within their specified refund window. Most merchants give you 30 to 90 days to return or exchange an item. Per section 13 of PayPal's user agreement, you have only 45 days from the date of purchase to open a dispute through PayPal. If you aren't getting results from the seller, make sure you open the dispute before this window ends. If you have to upgrade a dispute to a claim, you must do so within 20 days of opening the dispute.

How to Change From Business to Premier PayPal

1. Log in to your PayPal account. Locate the 'Contact Us' link near the bottom of the page and click it to access the PayPal contact options page.
2. Click the 'Email Us' button on the contact options page. From the drop-down menus, select 'My Account' as the email topic, 'Changing Account Type' as the subtopic and 'Downgrade My Account' as the change type.
3. Type a message into the text box that appears, explaining that you have a Business account that you wish to change to a Premier account. There is no word count limit on your message to PayPal Customer Service. Click 'Submit' once you've finished writing your message.
4. Check the primary email account you have registered with PayPal. When the account type change is complete you will receive an email informing you of the successful change. It may take one or more days for the change to be performed.

PayPal Won#039;t Work With Safari

1. Visit the Apple site and click the 'Free Download' button (see Resources).
2. Save the Safari download to your desktop, and double-click the file's icon on your desktop to run the installer or installation wizard.
3. Click 'Next' and 'Install' to complete the Safari installation.
4. Click 'Start,' 'All Programs' and 'Safari' on your PC to run Safari, or click the 'Safari' icon on your Macintosh's dock to run the application.
5. Enter the PayPal URL into your Safari browser (see Resources), and enter the PayPal email address and password into the login page.

How to Open a PayPal Account in Another Country

PayPal Members' Requirements
1. Sign up for Internet access and email address. PayPal's transactionns are strictly online. Internet and email are the basic requirements to become a PayPal participant. PayPal currently has more than 220 million subscribers and a growing merchant network and customer base. Authenticating email addresses is the initial step to integration in the PayPal system.
2. Subscribe to a banking provider. Verified bank accounts is another principal criteria to opening a foreign account. PayPal has a system in place to validate your email and bank account and to associate and connect the two. PayPal has imposed dollar limits corresponding with identity information. Forwarding additional information such as physical address, social security numbers and birthdates awards you with decreased account restrictions.
3. Access ATM machines and possess ATM banking cards. ATM machines give PayPal clients in many parts of the globe the opportunity to withdraw money.

Is PayPal a Legitimate Bank?

The Facts
In the United States, a bank is a financial institution, licensed by the government and providing specialized financial services to its customers.
Bank Regulation
A bank agrees to regulation by an industry-specific body of U.S. law, covering fraud, credit, liens, contracts, banknote issuance, privacy and other issues.
PayPal
In a June 2007 BusinessWeek article, Catherine Holahan explained that PayPal isn't a bank because it depends on other financial institutions such as GE Consumer Finance to provide many of its services. In a 2002 advisory letter, the FDIC said that as long as PayPal doesn't accept direct deposits, it won't be regulated as a U.S. bank. In Europe, however, PayPal does have a banking license.
Other Differences
Per its User Agreement, PayPal doesn't run credit checks for new accounts unless the user registers for a business merchant account.
Considerations
Though it's not a bank, PayPal's flexibility and lack of regulation may be a boon for consumers looking for a financial services provider that's less regulated, and has greater Internet purchasing access.

How to Make a PayPal Payment for Microsoft Points

1. Go to the Xbox homepage at Xbox.com.
2. Click 'Sign In' at the top of the page and enter the email address and password linked to your Xbox Live account.
3. Place the cursor on the 'My Xbox' tab, then select 'Accounts' from the menu that appears.
4. Click 'Manage Payment Options' in the 'Account Information' section of the page. This takes you to a page where you can add payment options, including a PayPal account.
5. Click 'Pay With PayPal,' enter your PayPal account name and click 'Next.' Complete the online form to purchase Microsoft Points. After purchasing the points, they are available for you to use on your computer or Xbox console.

How to Confirm PayPal Address Without a Credit Card

1. Log into your PayPal Account. Click “Get Verified” from the main menu bar. Click “Link Bank Account.”
2. Select “Checking” or “Savings” depending on your account type.
3. Enter your bank's nine-digit routing number, which can be found on the bottom left of a check. Enter your bank account number. Click “Confirm” to verify.
4. Check your email for a message from PayPal confirming the verification. This occurs after they attempt a small transaction with your bank account to ensure it is valid.
5. Visit a website that features PayPal transactions as a means to purchase items. These can include auction sites or transactions between any two people.
6. Complete 10 transactions where you are the buyer with 10 different people as the seller. This will raise your Buyer Reputation Number to 10, which is needed for the AAC.
7. Stay a member with PayPal for at least 90 days.
8. Click “Profile” from the main menu of PayPal. Select “Add or Edit Street Address.” Enter your street address into the box provided. You must use a United States address. Do not use a P.O. Box.
9. Check your inbox for an email from PayPal that contains a code. Click the provided link and enter the code. A fax cover letter will be sent to your inbox.
10. Print out the fax cover page and send a fax to PayPal at 402-537-5734 that includes the cover page, a copy of a state ID or driver's license, a copy of a utility bill or a copy of another document that shows your address. PayPal will switch your address to "confirmed" when all information has been received.

How to Get PayPal Seller Details

1. Ensure that you followed all the requirements needed for buyer protection. You must have paid the entire amount of the purchase price and paid through the website, either eBay or another site. Your account must be in good standing and it must be 45 days or less since the transaction occurred.
2. Check your Paypal account and find the specific transaction you made with the seller. If you’re having problems finding the transaction, click the button for Payments Sent, which narrows down your transactions. Paypal also lets you search using the transaction number or the date.
3. Look for the Details button listed next to the transaction and click on it. The Details section shows you all the information pertaining to the purchase including the seller’s name, email address, the date it occurred and the exact item purchased or a description from the seller.
4. Select the "File a Dispute" option at the bottom of the screen. The only way to get details about a seller such as their home address and phone number is to file a dispute with Paypal. Paypal asks for the reason for the dispute.
5. Read the email Paypal sends about the dispute. Paypal contacts the seller and gives the individual a specific amount of time to respond to the dispute. You’ll receive the seller’s answer and also have the chance to contact the seller on your own, using the information provided by Paypal.

How to Get Your Money From Paypal

1. Use your PayPal account to make online purchases. Most websites that sell items online accept PayPal as a form of payment. This is a great option if you use the money that you make online to make purchases on the Internet. However, you cannot use this option to make most of your monthly bill payments or to have cash on hand.
2. Request a debit card to access your money. The PayPal debit card is linked directly to the money in your account, similar to a debit card that is attached to your personal checking account. This option is popular with people who use PayPal to make money online. Once money is deposited into PayPal accounts, users have instant access to it.
3. Instruct PayPal to transfer the money electronically to your bank account. You can request the transfer at any time. The transfer occurs within 5 to 7 days -- frequently less -- from the day that you request it. Once in your bank account, you use the money as you see fit. This solution gives you check-writing and cash-withdrawal capabilities.
4. Instruct PayPal to issue a check to you for the money that you make online and mail it to you. This option takes the longest amount of time to get your money. However, some people feel safer receiving a check.

How to Stop Payment on Electronic Debit With PayPal

1. Go to the PayPal website.
2. Enter your PayPal email address and your PayPal password and click the gold 'Log In' button.
3. Click the 'Profile' tab located at the top of the PayPal window.
4. Select the option 'My Preapproved Payments' listed under the 'Financial Information' subsection.
5. Click 'View the Agreement' located next to the electronic debit payment you want to stop.
6. Click 'Cancel automatic billing.' Confirm that you want to stop the electronic debit payment.

How to Hide Purchases From Your Wife

1. Avoid using direct deposit for your paychecks. If you use direct deposit, your wife will know when you have taken money out of the bank account to buy her something. This can ruin what would have been a great surprise. Instead, take small amounts of money from your checks weeks and even months ahead of time. This will allow you to save up the money you'll need for the purchase without your wife knowing what you've been up to.
2. Use PayPal to make purchases for your wife. PayPal can be an excellent place to store the money you've been keeping from your wife for such purchases. You can also use PayPal at many online stores. If you have a personal PayPal account, all you have to do is create a password that your wife will never guess. She'll never know when you use that account to make a purchase.
3. Never use a debit or credit card that the two of you share. Using your debit card isn't a good idea because she will be able to tell when you've taken money out of the bank account. A shared credit card isn't necessarily any better, though, especially if you two manage your account online. If your wife is one to snoop for a gift, she may check the account around special days like your anniversary or Christmas to see if you've made any purchases.
4. Sign up for online billing for any personal credit cards or other accounts you may have. Having a separate card won't do much good if you receive a bill in the mail and your wife gets to the bill before you do. Online billing works the same way as PayPal. Only you will know the password(s) you have created for these accounts, and thus only you will know what purchases you have made.
5. Make same-day purchases if you're buying a gift for your wife. Buy your wife's birthday gift before coming home from work, for example. Simply put, if you haven't made the purchase yet, you won't have anything to hide. This makes the task easier since it allows you more options when it comes to making your purchase.

How to Rent Movies Online Without a Credit Card

1. In order to use a movie rental service online such as Blockbuster, you will need some sort of electronic payment method, but not necessarily a credit card. Before proceeding though, be sure you have a bank account.
2. In order to rent movies online without a credit card, you'll need to set up a Paypal account if you don't already have one. Both Apple iTunes and Blockbuster accept Paypal as a payment method.
3. Link your bank account to your paypal account so that you can rent movies online without using your credit card. You can easily transfer money from your bank account into your Paypal account and you can also do an instant transfer during checkout.
4. Log on to your favorite dvd rental store website, choose some movies that you'd like to rent and checkout using Paypal.

How to Pay PayPal With a Checking Account

1. Open the PayPal website in your browser. Enter your email address and password to log into your account.
2. Click on the "Add or Edit Bank Account" option to link your PayPal account with a checking account. The option is located in the "Profile" drop-down menu under the "My Account" tab.
3. Click on the "Add Bank" button toward the bottom of the page. Select the "Checking" option for the type of bank account being added. Enter your account's routing number and account number in the appropriate fields. Click the "Continue" button.
4. Confirm the bank account by monitoring your checking account for two deposits from PayPal. These deposits are typically very small and may be as little as a few cents. Enter the deposit amounts in PayPal using the "Confirm Bank Account" button on the main account page. If the deposit amounts entered match what PayPal deposited into your account, your checking account will be confirmed and ready for use to pay for PayPal purchases.

How to Make a Paypal Donate Button

1. Open your preferred Web browser and navigate to the PayPal Donate Button page. Click the "Create your button now" link.
2. Click the "Log in" button below the button type menu to log in to your PayPal account if necessary. Fill in the "Organization name/service" field. Click the arrow next to the "Customize text or appearance" link to customize the button.
3. Select the options you want to customize the button appearance. A preview is displayed next to the customization options. Select the currency in the drop-down menu.
4. Click "Create Button" after customizing your button to receive the button code. Copy the code and paste it into the HTML of a page where you want to display the donate button.

How to Use PayPal Buttons

1. Create a PayPal account, if you do not already have one. You have to be registered with PayPal to use PayPal services, including buttons. You will need to create an account even if you only intend to collect donations with your button.
2. Choose an account type. PayPal offers four different types of accounts: personal, premier, business and student. Personal accounts have limited access to Merchant Services and PayPal Debit Cards. Business accounts have unlimited access to all services and support multiple accounts.
3. Log in to your PayPal account. Click on 'My Account,' then 'Profile,' then 'More Options.' This takes you to a page with more account options, listed in three columns. In the 'Selling Preferences' column, click on 'Create New Button.'
4. Choose the type of button you want to use on your website. PayPal offers Shopping Cart, Subscription, Buy Now, Donation and Gift Certificate buttons. Shopping Cart and Buy Now buttons allow visitors to purchase products directly on your website, while Subscription buttons allow visitors to pay for services or products received in timed increments. Donation buttons can be used to raise money for a specific cause or even a personal project. Gift Certificate buttons allow visitors to give your products or services as gifts.
5. Choose your price, currency, shipping and tax. You can also customize your button with dropdown menus or special text. PayPal also allows you to track inventory and loss, and add special checkout features with Merchant Accounts.
6. Decide if you or PayPal will host your images. If you have your own website with a server where you can upload your button image, download the button after you finish customizing. If you have a blog or do not have access to a server, copy the HTML code. If you copy code, PayPal will host your button image online.
7. Paste your code into your website or blog. If you are selling products, it is customary to put your PayPal button directly under the product. If you are selling services or collecting donations, choosing where you put your PayPal button will affect how much money you make. Place your button 'above the fold' (this refers to the top half of your webpage) so that visitors can see it easily.

What Are Ways To Send Money to My PayPal Account?

Bank Account
If you have funds in your checking or savings account that you'd like to transfer to PayPal, you can link your bank account to your PayPal account. For security purposes, PayPal confirms your bank account by depositing two small amounts of money into your account. After confirming that you received these amounts, you can begin transferring money to your PayPal account from your bank account. You may link up to eight bank accounts to your PayPal account. You can also transfer your PayPal funds to your bank account at anytime. Transfers from or to your bank account typically take three to four days.
Credit Card
As with a bank account, you can link your credit or debit card to your PayPal account. You cannot directly fund your PayPal account with your credit or debit card, but you can use your card to pay for purchases through PayPal. Once you link your card to PayPal, the company confirms the card as yours by charging a $1.95 fee that is later reimbursed. You can pay with your card whenever you use your PayPal account.
MoneyPak
A MoneyPak is a funding method for Green Dot prepaid debit cards and for your PayPal account. You can purchase a MoneyPak at various retail stores. There is no predetermined amount on the MoneyPak; you can add $20 to $1,100 dollars onto the MoneyPak when you purchase it. Most locations allow you to add only $500, although Wal-Mart allows funding of up to $1,100. Once you purchase the MoneyPak, you can transfer the funds directly into your PayPal account. The funds appear instantly.
Selling Items
If you sell items over the Internet, you can ask the buyer to pay you via PayPal. The buyer must have a PayPal account to complete any PayPal-related transactions. Once the buyer sends you the money, the funds are immediately available in your PayPal account. Certain auction sites, such as eBay, use PayPal as the preferred payment method. PayPal is associated with eBay.
Sending Money
If you don't have a bank account or credit card, or if you prefer not to link them to your PayPal account, you can ask a friend or family member to send you money via PayPal. As long as the person you're asking has a PayPal account, he can send money from his PayPal account to your PayPal account.

How to Stop a Transfer From My Bank to PayPal

1.
A banking customer service representative might be able to help you.
Contact your bank in person or via the telephone to explain the need to stop payment to a PayPal account. There might be a charge to stop payment.
2.
Placing your own stop payment online may work if done in time.
Place n on online order to stop payment. These often have to be done at least 24 hours in advance of the scheduled transfer. Stop payments will not work if the bank already has made the payment or if the stop payment does not process in within the bank's required amount of time.
3.
Paypal's help center answers many questions in various categories.
Contact PayPal. Contact PayPal to ask for reimbursement or if they will refund the charge.

How to Get My PayPal Verified Code

1. Navigate to the PayPal homepage and log in to your account.
2. Click on 'Verified' next to the option marked 'Status.'
3. Highlight and right-click on the Web link that appears on the screen. Click 'Copy' to save the link. This link, when sent to others, will inform them that you are PayPal verified. If you need HTML code proving you are verified, click on 'Manually insert the Verified seal into your website or auctions' to find an HTML code that can place the PayPal Verified seal on your website, blog or online auction.
4. Highlight the code and right-click on it. Click 'Copy' to save the code to your clipboard for future use.

How to Establish PayPal

1. Go to the PayPal homepage (see Resources below for a link) and click the 'Sign Up' link located at the top.
2. Select the country or region you want to use and select the language you want to use. Select the type of PayPal account you want to create and click 'Get Started.'
3. Type your email address in the 'Email Address' field. Create a password. Make sure that the password contains a minimum of eight characters. Retype the password.
4. Type your name, address and date of birth. Read the user agreement and privacy policy and click 'Agree and Create Account.' PayPal then sends you an email with a link to confirm your email address.
5. Log in to your email account and open the email PayPal sent you. Click the email confirmation link to launch the window. Enter your password and email to confirm. Your PayPal account is active and ready for use.

How Does a PayPal Credit Card Work?

PayPal Basics
PayPal is a popular online financial service, offering its customers an easy way to make transactions and payments online. When new customers set up a PayPal account, they link either an active checking account or credit card to their new account. Then when they want to purchase something online or bid on an eBay auction, they can pay with their PayPal account information, which will then withdraw the necessary funds from the linked account. For those who sell items on eBay or other websites, PayPal also allows them to receive payments from other users and then transfer their PayPal money to any checking account.
Application
Any individual with an active PayPal account can apply for an official PayPal MasterCard credit card. The application process is completed directly on the PayPal website (see Resources below), and the company will make a credit decision on your application almost instantaneously. If your application is approved, the new card will be synced with your PayPal account and you can begin using the card as a separate online funding source. You will receive the physical credit card 1 to 2 weeks after account approval.
Card Use
The PayPal credit card functions as a regular credit card and can be used anywhere that MasterCard is accepted, including online shops. In addition, the credit card becomes a separate source of funding in your PayPal account, which means you can start making online payments with it right away. PayPal offers its credit card with no annual fee and no liability for unauthorized purchases. PayPal credit card customers will receive monthly statements in the mail detailing every transaction, and then payments can be sent both by mail and online.
Rewards and Benefits
When your application for a new PayPal credit card is approved, you are automatically enrolled in the PayPal Plus Credit Card Rewards Program. As a member of the program, you earn reward points from every transaction you make using your PayPal credit card. Your rewards account is credited 1 point for every dollar that you spend. Once you have accrued a certain number of reward points, you can log on to the PayPal credit card website and redeem your points for a number of different reward vouchers. These vouchers can be used to save money on future PayPal purchases.

How to Send Money to PayPal With a Credit Card

1. Log into your PayPal account. If you do not have an account, you will need to register at www.paypal.com. The registration process requires that you enter personal information such as your name, address, phone number and email address.
2. Select the "Request Money" option from the PayPal menu located near the top of your account page. This option will allow you to request funds from anyone with an email address, including yourself.
3. Type your email address in the "Recipient Email Address" box and type in the amount of funds that you wish to transfer in the box labeled "Amount." Click on the orange "Continue" button at the bottom of the form. This will send an email to your account with a link directing you to an invoice from which you can make a payment to your account.
4. Log into your email account and open the email that you sent to yourself from your PayPal account. Enter your name, billing address and credit card number. Click on the "Submit Payment" button at the bottom of the form. This action will transfer funds from your credit card to your PayPal account.

What Is the Difference Between Paymate amp; PayPal?

Eligible Sellers
Online sellers from Australia, New Zealand and the United States may use Paymate. Conversely, at the time of publication, PayPal members from 89 countries may accept payment.
Eligible Buyers
PayPal accepts buyers from more than 190 countries. Conversely, Paymate accepts payments from about 60 countries.
Withdrawals
When a buyer purchases your product or service through PayPal, the amount goes into your PayPal account. You then withdraw the money to your regular bank account. Conversely, you never have an account balance with Paymate. Rather, it always sends payments directly to your bank account. The funds are never tied up in an online account.
Deposits
Users can fund PayPal accounts like a bank account. They link a regular bank account to their PayPal account and then transfer the money to PayPal. Paymate has no deposit system because there are no money accounts with Paymate. PayPal users can also generally transfer funds to friends and family for free.
Eligible Payment Methods
Paymate accepts credit cards for online payments. PayPal has a wider range of options for buyers who wish to purchase your product or service. Options include credit and debit cards, the PayPal Extras MasterCard, the eBay MasterCard, PayPal Smart Connect, the buyer's PayPal balance and bank transfer.
Account Usage Fees
PayPal does not charge to merely open an account. There are optional payments by website or phone for $30 per month.
The difference with Paymate is that it charges most sellers on a monthly basis separately from transaction fees. Sellers must pay this amount regardless of how many items they sell in a month. As of date of publication, the fee for a U.S. standard account with a $5,000 monthly limit is $5 per month, and the fee for a U.S. e-business account is $30 per month with a $10,000 monthly limit. There is also a $12.95 account application fee and a $39.95 PCI annual fee. New Zealand sellers who are transacting more than $5,000 per month in credit card purchases must pay $30 per month for an e-business account. Australian sellers can use a standard account with a limit of $5,000 in monthly transactions for free. Other Australian accounts have a monthly prepayment for transaction fees of about $3 to $33.
Wait Times
PayPal generally sends the funds to a merchant immediately when a buyer makes a purchase with a credit card. When Paymate accepts a credit card, it takes time to send the money to the seller's bank. The wait time for U.S. sellers is 10 to 15 days after payment approval from the bank. It is one to three business days for Australia sellers. New Zealand merchants wait only one day after bank payment approval.
Transaction Fees
As of date of publication, Paymate generally charges 3 percent plus 50 cents per transaction. PayPal typically charges 2.9 percent and 30 cents per transaction.

How to Use Paypal

1. Visit the Paypal website at http://www.paypal.com. Select the 'Sign up' link. Choose either a 'Personal,' 'Premier' or 'Business' account, depending on how you plan to use PayPal. Choose 'Personal' if you plan to only shop online. Choose 'Premier' if you plan to buy and sell online. Select 'Business' if you represent a business account. Provide requested personal and financial information to build your account, including choosing a bank account to link to your PayPal account.
2. Buy a product or service through a website that allows PayPal payments. Select the PayPal payment option. Enter your email address and PayPal account number and approve the payment from your account.
3. Sell a product or service on a classified website, online forum or social networking site. Visit the PayPal site and open your account. Choose the 'Request Payment' selection. Enter the buyer's email address. Await a payment confirmation from PayPal to your email account.
4. Register as a seller on eBay, using your PayPal account as your preferred payment method. Post an item for sale on eBay. Agree to terms with a buyer. Look for payment confirmation from PayPal.
5. Select the 'Get Paid' selection on the top of the PayPal website and then choose 'Sell on Your Website.' Click the 'Setting Up' tab and choose your preferences for posting a button on your website that allows you to receive payments through PayPal.
6. Visit the PayPal website and log into your account. Select the 'Withdraw' tab and then click 'Transfer to Bank Account.' Select an amount of money from your PayPal account to transfer to your bank account to pay bills or to bolster your savings account.

How to Withdraw Your PayPal Funds Through Xoom

1. Apply for a PayPal debit card. Visit the PayPal debit card application page (see Resources) and click the 'Apply Now' button. Enter your PayPal email address and password and click the 'Log In' button. Answer the security questions and click 'Submit' to complete the application. If your application is approved, PayPal will mail your debit card in 10 to 15 business days.
2. Visit Xoom's registration page (see Resources).
3. Enter the requested information and click the green 'I Agree, Create a Free Account' button.
4. Log in to the Xoom website using your new log-on information.
5. Select the country where you want to send your PayPal funds and the amount you would like to send. Click the green 'Submit' button.
6. Enter the name and address of the person who will pick up the money. Agree to the service fee and select the currency you want the person picking up the money to receive. Click the green 'Next' button.
7. Enter your payment information, including your PayPal billing address, PayPal debit card number, expiration date and three-digit security key listed on the back of the card. Click the green 'Next' button. Once the transaction is initiated, the funds are instantly withdrawn from your PayPal account.
8. Confirm the transfer information and click the green 'Submit' button. The person you designated in Step 6 can now go to any Xoom location in the country selected to pick up the funds from your PayPal account.

How to Put PayPal on SoundClick

1. Log into your PayPal account, then click 'Merchant Services.'
2. Click 'Buy Now Button' to make and save a PayPal button. Choose from the options given by PayPal, then copy the HTML code for your button into a text file.
3. Log into SoundClick and click 'Edit Page.' Select 'Interview.'
4. Paste the HTML code for your PayPal button where you want it to appear on your Interview page.

How to Calculate PayPal Fees

1. Navigate your Internet browser to PayPal.com.
2. Click on the word 'Fees' found at the bottom of the screen. This will display a chart from PayPal listing the costs of sending or receiving various forms of payment. As of 2009, PayPal's fees range from 1.9% + $.30 to 2.9% + $.30 per transaction, depending on the amount of money transferred and the type of transfer. If the transfer is for an online purchase, the fee is paid by the seller and is 2.9% + $.30 for transactions up to $3,000. The rate falls as the amount of the transfer increases. If the transfer is being sent for personal reasons, the transfer is free if the money comes from a PayPal account or from a linked bank account. Otherwise, the fee is 2.9% + $.30 and the sender chooses who pays the fee. Because these fees could change at any time, however, check the web page before making the transfer.
3. Start with the amount of money you plan to send or receive. Using a calculator, multiply this number by the percentage fee listed by PayPal. The result is the amount of fee PayPal is going to charge for that money transfer.

How to Link an eBay Account With PayPal

1. Navigate to the eBay homepage.
2. Log in by entering your account user name and password.
3. Click 'My eBay' at the top of the screen.
4. Open the Account tab.
5. Click 'PayPal Account.'
6. Click the button labeled 'Link My PayPal Account.'
7. Enter your PayPal account user name and password to link your PayPal account with your eBay account.

How to Do a Chargeback Over PayPal

1. Determine the exact reason why you want to do a chargeback. You must be able to explain exactly why you are disputing the charges and exactly how PayPal's services enter into the equation. You'll need to explain them to both PayPal and to your credit card company to do a proper chargeback.
2. File a transaction dispute and/or an unauthorized charge report on PayPal. While this is not strictly a chargeback, it will start to lay the groundwork and will provide you with additional documentation for your chargeback.
3. Notify your credit card company that you wish to instigate a chargeback. The process itself is conducted mainly through them and not through PayPal, though they are involved if the transaction took place over their service. Your company will notify PayPal's merchant bank, which will speak to PayPal concerning the chargeback.
4. Inform PayPal about the website where you made the purchase and the specific issue you have with the product. PayPal will allow you to report a possibly phony website, which will help make your chargeback go over more readily (see Resources below).
5. Check the name, credit card number and shipping address in the order to make sure that it matches the details on PayPal. That will help clear up any possible dispute over any chargeback you do and make sure that the issue (such as product being sent to the wrong address) doesn't repeat itself.

How to Start an eBay Business with PayPal

1. Sign up for a seller's account at eBay.com. Visit the eBay homepage and click 'Register' at the top of the page. Fill out the required fields on the registration page, including your name, address, phone number and new password, and click 'Continue' at the bottom of the page.
2. Become an eBay seller. Log in to your new account by clicking 'Sign In' at the top of the homepage and entering your username and password. Click the 'Sell' link on the eBay navigation bar and select the button that reads 'Start Selling.' The site will prompt you to enter additional information to activate seller privileges. You will need to enter a valid credit card number. Click 'Continue' when you finish.
3. Visit Paypal.com and click 'Sign Up' at the top of the page. PayPal will ask you to choose a 'Personal,' 'Premier' or 'Business' account. Select 'Premier' if you plan to use your own name as the name of your eBay business, or select 'Business' if you plan to use an official business name. Fill out the required fields on the registration page and click the link that reads 'Agree and Create Account.'
4. Link your PayPal account to your eBay account. Log into your eBay account and click 'My eBay' on the navigation bar. Click the 'Account' tab that appears near the top of the page, directly beneath your username, and select the 'PayPal Account' link on the left side of the page. Click the 'Link to My PayPal Account' button and enter your information.
5. Acquire a resale license or sales ID, sometimes called a seller permit. If you plan to sell on eBay as a business, most states require this certification, which allows you to collect sales and use tax from customers. To apply for a resale license, contact the department that handles taxes in your state. For instance, Florida residents would contact the Department of Revenue, California residents would contact the Board of Equalization, and New York residents would contact the Department of Taxation and Finance.
6. Begin selling on eBay. Log in to your eBay account and click the 'Sell' link to begin listing your items.

PayPal amp; NetSpend Problems

PayPal -- Legal
In 2002 class representatives Jeffrey Resnick and Roberta Toher initiated a class-lawsuit against PayPal alleging the company violated the Electronic Fund Transfer Act of 1978. Signed by President Jimmy Carter, the EFTA identified the liabilities, rights and responsibilities of participants engaged in electronic funds transfer activities. The suit alleged PayPal declined to provide customers with relevant information regarding the resolution of disputes and improper investigative practices concerning electronics funds transfer. A settlement was reached in November 2003, and required PayPal change its business practices involving resolution of disputes and electronic funds practices and pay $9.25 million to the settlement fund.
Other PayPal Problems
PayPal requires customers register the countries they will be logging in from or using their card before departing. While this is an adequate security measure against fraudulent use, PayPal has, in some instances, put a freeze on a customer’s account or debit card upon registering the countries they will be in. PayPal will flag any transaction it deems suspicious and deny you access to your money for as longs as five days, even after meeting the requirements needed to unfreeze your account. Unfreezing a PayPal account from abroad is a difficult endeavor, and requires a fax of your passport as well as a phone number you can be reached in the country you are in.
NetSpend -- Holds and Fees
NetSpend is a prepaid debit card service that allows customers to fund their accounts via direct deposit or in conjunction with one of several payday-loan operations, such as Advance America and Payday Advance, as well as pawn shops. Although NetSpend allows free balance inquiries online, they charge customers 50 cents for balance inquiries made by telephone. Other problems associated with NetSpend include the company’s practices concerning the holding of funds. Although the placement of holds on cardholders’ accounts is commonplace in instances such as renting a hotel room, it isn’t uncommon for NetSpend to take as long as five days to release them after a predetermined date offered to the customer by a NetSpend representative.
Other NetSpend Problems
In addition to payday loan operations and pawn stores, NetSpend has relationships with casinos, such as Las Vegas USA and Sun Palace Casino. These arrangements are possible with the mentioned online casinos, but not brick-and-mortar casinos, such as those in Las Vegas. Such relationships are deemed unethical by the Nevada Gaming Commission. In addition, cards associated with institutions that belong to the NetSpend family of banks, such as MetaBank, were found on the person’s of mercenaries that assassinated a Hamas leader, prompting the U.S. Treasury to issue a rule requiring potential customers to provide identification before opening an account.

How to Block an eCheck With PayPal

1. Open an Internet browser and go to the PayPal website. Type your login information into the appropriate boxes. Click 'Log In.'
2. Click on the 'Profile' tab at the top of the page to see your Profile Summary. Click on 'Payment Receiving Preferences' located under 'Selling Preferences.'
3. Scroll down to 'Block the Following Payments:.' Click the check box next to 'Pay with eCheck or German bank transfer for all website payments except eBay.' By default, this box is unchecked. When you click it, a check mark appears in the box, indicating that eChecks are now blocked. Click 'Save' to confirm your preference changes.

How to Get Verified on PayPal

How to Get Verified on PayPal
1. Sign up for an account by going to paypal.com it is free and really easy to do. You will just need to enter your basic information like you enter when signing up for any other account on the web. They will just ask you for your name and your location plus your e-mail address.
2. Verifying your account will lift the ban that is put on every ones account until they are verified. Lifting this ban will raise the maximum amount of funds you can with draw every month. Once you go through the tasks and lift this ban you will be able to with drawl unlimited funds every month.
3. Pick two of three ways to verify yourself one of them is by checking your social security with your name and your birthdate. If you choose this as one of your options you will enter your social security and birthdate it does not take that long for paypal to confirm this. They are usually really fast once this is confirmed you only have to be verified one more time.
4. Connect your debit or credit card to the system. Paypal will ask you different questions about your card including the number and billing address. They will also ask you for the expiration date and security code. This usually goes through right away sometimes it can take up to two days though.
5. Verify your bank account by clicking this option and entering all of your banking information. This information will consist of your routing and account number. You will also need the name of your bank plus a little other personal information like your address when you signed up for your bank account. All you have to do is pick two of these processes and you are verified.

How Can I Tell If a PayPal Website Is Legitimate?

1. Log on to the Paypal website and look at the address in the browser bar. Make sure the site starts with 'https' instead of 'http.' The 'https' designation indicates the site is secured.
2. Look for a small key on the bottom of your Internet Explorer browser window. This is your indication that the site uses encryption.
3. Review the website carefully. A legitimate site will have a professional look, while a scam site will often look sloppy and appear to have been put together hastily. Any misspellings or grammatical errors in the website text are red flags the site is not legitimate.
4. Log on to the website of the Better Business Bureau (see Resources) and type the name of the company or website. A large number of complaints about the company is another red flag.

Is a PayPal Transaction Insured?

FDIC
Funds that PayPal touches as they pass through a PayPal transaction are held in a bank. Therefore, PayPal funds are covered under Federal Deposit Insurance Corporation (FDIC) insurance that also applies to a traditional bank account, except for PayPal's interest-bearing, money market accounts.
Types
For transactions between users, PayPal offers protection for both the seller and buyer, according to PayPal's user agreement.
Protection for Sellers
PayPal offers to refund money to sellers when the buyer claims that he did not receive the item or the person who made payment had no authorization to use the PayPal account. In order to get this protection, the seller will need documentation to prove that he sent the item and verification of the buyer's info.
Protection for Buyers
Buyers who want refunds can only get one if they did not receive the item or received a damaged product. However, PayPal only offers this protection to eBay users as of 2010.
Tips
Buyers can tell if PayPal insures their transactions on eBay by looking for the buyer protection symbol. Also, any user who feels her transaction was fraudulent should contact PayPal as soon as possible.

How to Sell Items With PayPal

1. Define your sales process and inventory. The process you will be going through can change according to your needs; if you are selling a few items by online auction sites (like eBay) then some of these steps may not be needed. But if you are trying to incorporate PayPal into your business website for easy customer checkouts, you should be sure to do as much as possible.
2. Sign up for an account at PayPal.com. Create a merchant account at the least, as this will give you access to special services to simplify the sales process.
3. Log in to your PayPal account and click 'Merchant Services.' Select 'Buy Now Button' to be taken to the PayPal payment button creation page. Plug in the information for your item(s) and the settings for your button; you can customize the appearance and text for the button or import an image of your own.
4. Save your button at PayPal and select advanced customization options if necessary. Get the code for your button after you have finished making changes. There will be separate codes for both email and web use, you can take both of these or choose which one works best for you.
5. Place the code into your website or on social networking profiles or wherever else you may be selling your products, except for eBay or similar online auction sites which automatically provide you with PayPal options.

How to Use PayPal With an ING Direct Account

1. Add ING Direct account information to your PayPal profile. Once you login to your PayPal account, click the “Profile” link. This will take you to a page where you can access your bank accounts. From the bank accounts page, you will need to click the “Add” link. You will then be taken to a page that will allow you to enter your ING Direct account information. Under the Bank Account Name field enter ING Direct. You will then select that it is a savings account. Finally, you will be asked to enter your ING Direct routing and account number. After clicking continue, your ING Direct account will be added to your PayPal account.
2. Confirm your ING Direct account on PayPal. Once a bank account has been added to your PayPal account, PayPal will make two small deposits to that account. You will need to confirm these deposit amounts before you can use your ING Direct account with PayPal.
3. Withdraw funds to your ING Direct account. To send funds to your ING Direct account, click the “Withdraw” link on the front page of your PayPal account. Then select the “Transfer to Bank Account” link. You will enter the amount to be sent to your account and select your ING Direct account. Once you click “Continue” you will be asked to confirm the amount to be sent.
4. Remove money from your ING Direct account as necessary. To add money to your PayPal account from your ING Direct account, click the “Add Funds” link from the front page of your PayPal account. Then select “Transfer Funds From a Bank Account in the United States” link. Select your ING Direct account from the list and enter the amount your wish to add. Then click continue to confirm the addition of funds.
5. Use your account as a backup funding source on PayPal. If you want to have instant access to your ING Direct account, go to the profile section of your PayPal account and click the “PayPal Debit Card” link. At the bottom of the PayPal Debit Card page you will see a link that says “Add Backup Funding”. Click this link and choose your ING Direct account.

How to Transfer Money from PayPal to your Bank

1. Log into your PayPal account: Logg into your PayPal account, click, "Profile." You will get a drop down screen, click on "Add or Edit Bank Account. Once you have clicked "Profile" you will get a drop down screen, click on "Add or Edit Bank Account.
2. Add a bank account: Enter the information of the bank, you want PayPal to transfer money to. Enter your bank's routing number and your account number. Next, enter your bank' s name and submit. It will take a few days for your banking institution to approve your account for receiving from PayPal.
3. Make a money transfer from your PayPal account: Log into your account, click "Withdraw." A drop down screen will give you options, click, "Transfer to Bank Account." Enter the amount of money you want to transfer from your PayPal account to your bank account and click, "Continue" and then, "confirm." It will take 3-4 business day for the money transfer to hit you bank account.

How to Generate a Card Number Through PayPal

1. Visit the 'Profile' section of your PayPal account. Here you will find a link for the PayPal plug-in. The PayPal plug-in is what allows you to generate a virtual card number for various sites. If you don't already have a PayPal account, sign up for one.
2. Go to the PayPal plug-in section of the site. At the PayPal plug-in section of the site, you will see a menu that lists the different actions you can make through the website. These actions aren't as detailed as the PayPal plug-in software, but the online version still allows you to generate a card number.
3. Click the 'Secure Cards' link. You will see a box that lists cards that have been generated and two buttons that read 'Close Card' and 'Generate New Card'. You will also see a drop-down menu that displays active and closed cards.
4. Select the 'Generate New Card' button. This will begin the process.
5. Choose the card type. If you're shopping at a site you've never shopped at before, you may want to generate a single-use card. This ensures that the card number cannot be used again should the information be stolen. On the other hand, a multiple-use card would be perfect for sites that you shop at frequently. Once you select the card type, PayPal will generate a card number along with the expiration date and security code.

How to Add a Comment to PayPal Donations

1. Open a Web browser and type in the web address of the page that contains the donation link.
2. Click on the yellow PayPal button that says 'Make a Donation.' You will be taken to the secure transaction page where you can make your payment.
3. Type the donation amount in the box under 'Unit Price.' After that, type in your PayPal email address and password into the log in boxes to continue with the donation.
4. Review your order to make sure everything is correct. Click on the link under the donation amount box that reads 'Add special instructions to merchant.'
5. Type whatever comments you want to leave in the box and then confirm your donation. The funds, as well as the comments, will be sent to the PayPal account of the person accepting donations. You will receive an invoice for your purchase in your PayPal email inbox showing you the details of your donation afterward.

How to Send Money to Colombia From PayPal

1. Click the first link in Resources to set up a free account on PayPal.
2. Select your country from the list and click on “Get Started” under “Personal.”
3. Enter your email address, name, phone number, address, credit card or bank account information.
4. Go to PayPal’s homepage after setting up the account and click on “Send Money.”
5. Specify the amount that you want to send. Also, enter the Colombian friend’s email address at which he will receive the money.
6. Confirm that you want to send the money.
7. Ask the recipient to follow the same procedure to create a PayPal account. While selecting the country, he should select “Colombia” from the list and specify his bank account or credit card details. Once he creates a PayPal account, he will be guided by PayPal on how to access the funds.

How to Understand PayPal

1. Sign up for PayPal using the personal account choice. PayPal needs an email address, password, first and last name, address and telephone number. During the signup process, you need to also specify whether you'd like to link a bank account or credit card or both to your account. This verifies your account and allows you to move money back and forth and purchase items online.
2. Get ready to accept payment, if this is the purpose of your account. PayPal handles payments several ways. If you're receiving payment for an online good or service that you sold through a website like eBay.com, PayPal skims off a percentage of the payment received, which is 1.9 percent to 2.9 percent plus 30 cents, depending on the amount.In most cases, receiving money from another PayPal account is free so long as there is no purchased item attached. Personal accounts cannot accept credit cards, so if you'd like to accept credit cards, you must upgrade to a premier account.
3. Withdraw funds out of the account by transferring them to your attached bank account. No fees are applied when you do this.
4. Send money to pay for an online purchase or as a personal payment owed to another account. Sending money from a personal account is always free.
5. Make payments to other countries with your PayPal account. PayPal converts your account currency into that of its 23 supported currencies for a small transaction/conversion fee. Both sending and receiving money in other currencies incurs a fee that will be displayed when you create the transaction.
6. Specify your method of payment any time you want to purchase online. By default, PayPal uses either funds in the account or the funds in your bank account. The credit card, if attached to your account, is its last resort. If you want to make a payment using your credit card, you must specify this option when you make the purchase.

How to Set Up a Music Download Via PayPal Payment

1. Upload your music file to your website's media files. Once the file is uploaded, copy the URL that is generated for the file.
2. Create a new page on your website as a place for customers to land once they've paid for your download through PayPal. On the page, create some text thanking your customer for the purchase, then create a 'Download Here' or similar type of text. Highlight the 'Download Here' text and press the 'hyperlink' button. When the URL window appears, paste the URL you copied in Step 1 into the box. When that's done, click 'Save' or 'Save Changes' to create the page. Copy the URL for the page you just created.
3. Log in to your PayPal account and navigate to the 'Merchant Services' tab, then select 'Buy Now Button.'
4. Fill in the information for the item in 'Step 1' of the Create a PayPal payment button, then click on 'Step 3.' Paste the URL you copied in Step 2 into the 'Take customers to this URL when they complete checkout' box and place a check mark in the box next to the selection. Click 'Create Button' at the bottom of the page.
5. Copy the code for the button that appears on the next screen.
6. Navigate back to the content management system of your website and open the page where you want the button to appear. Paste the code onto the page, then click 'Save Changes.' Your button should now be set up, with a link to the music file.

How to Use PayPal with a Credit Card

1. Login to the PayPal website and go to the 'My Account' page.
2. Click on 'Edit profile,' which is right next to your name and e-mail under the 'Account Overview' header. This will take you to your profile summary, where you can change your contact and financial information as well as other preferences.
3. Click on 'Credit/Debit Cards' in the middle column labeled 'Financial Information.' This will take you to a page that lists all the credit and debit cards currently linked to your account. You may have a total of eight cards linked to your account at one time.
4. Click the 'Add a Card' button in the lower right of this page. This will take you to the form for adding a new credit card to your account.
5. Type your credit card information into the form. Select your billing address from the drop-down list or select 'Enter a new billing address' and enter your billing address information. Click the 'Add card' button when you are finished.
6. Select your credit card as the payment option when you use Paypal to make purchases online.

How to Donate With PayPal

1. Look for some indication that the charity or organization accepts donations through PayPal. This is often a yellow and blue 'Donate' button. Clicking on this button will take you to a PayPal order form. Note that some charities and organizations may fix a desired contribution amount, while others allow you to set your own.
2. Fill out the left-hand side of the order form with your name and billing information when donating using a credit or debit card. Log in on the right-hand side of the page when donating using your PayPal account. Input the amount you would like to donate if applicable. Click the 'Review Contribution and Continue' button.
3. Look over the order confirmation page to ensure that your billing information and the amount you wish to donate are correct. Click the 'Donate Now' button.
4. Print out your receipt or write down the confirmation number for your records. PayPal will also e-mail a copy of your receipt to you.

How to Establish a Pay Pal Account

1. At the PayPal website, click on the 'Sign Up' button on the left side of the page.
2. Select your country or region and language.
3. Select the account type you want. Personal accounts are for online shoppers who want a method other than a credit card with which to pay for things. Use a Premier account if you want to buy and sell items online. Premier accounts require more than the basic account information, and PayPal may charge fees, depending on the type of service required. Business accounts are for merchants using company names and provide the features of Premier accounts plus special features needed by larger businesses. If you sign up for a business account you must supply an EIN number, a Federal Tax Identification Number used by the IRS to identify businesses. PayPal also offers student accounts for parents wishing to open an account for a teen to use with parental oversight.
4. Fill out the signup form. It will ask for your name, password, mailing address, email address, telephone.
5. Click the 'agree and create account' button, by clicking the button you are agreeing to adhere to PayPal's user agreement, so you should read the agreement before you create the account.
6. Enroll a debit card or credit card to verify the account and add a funding source. PayPal gives you this option so you can deposit money in your account, but it is not required. You can skip this step if you wish.
7. Click the 'Proceed to Account' or 'Go to Account' button and log into your new account.
8. Activate your PayPal account after you've logged in so that PayPal will be able to make sure your email is correct. PayPal will send an email to the address you provided. Look for the email and click on the 'verify account' link it provides.

How to Hold a Deposit With PayPal

1. Create a PayPal account, if you don't have one. You'll need to provide your name, address and email account, and then verify the PayPal account. You can verify the account either by providing PayPal with your online banking information or by verifying the amount of two small transactions that PayPal makes into your bank account.
2. Provide your PayPal account name to the person making the deposit into your account. The depositor will need to have a PayPal account, as well. He can log on to his PayPal account, specify the amount of money to send to you and send it. You'll receive an email notifying you of the deposit to your account.
3. Confirm the deposit by logging into your PayPal account. You may keep the deposit in your PayPal account, transfer it to your associated bank account, request a check from PayPal or have the amount credited to a PayPal debit card. When it's time to refund the deposit, reverse the process to transfer the amount to the original depositor.

How to Request a Refund From PayPal

1. Log in to PayPal using your email user name and password.
2. Select 'My Account' in the primary blue menu tabs just under the PayPal logo.
3. Go to the 'History' tab located as a subheading under the blue primary menu tabs.
4. Review the history to see if you are eligible for a refund. Transactions made within the previous 60 days are eligible while those prior to that are not. If you are eligible, get the seller's email contact information by clicking on 'Details.'
5. Send an email to the seller who will decide if he will issue you a refund. Explain the reasons why you want a refund and include all pertinent information, including pictures of items received.
6. File a dispute through the Resolution Center if the seller doesn't grant a refund by clicking 'Dispute a Transaction' then 'Item Dispute' and selecting the transaction in question when prompted. Provide the require details about why you want a refund and include any pertinent or supporting documentation.
7. Monitor the dispute on your PayPal account through the Dispute Resolution screen. If no resolution is made or further action taken within 20 days, the dispute is closed. Before the 20th day you can file a PayPal claim by calling 888-221-1161.

How Paypal Works

Basic Concept
PayPal uses encryption software to allow financial transactions to take place securely online. Both individuals and businesses transfer money electronically. PayPal can be used with online auction sites (such as eBay), to purchase goods or services, and to make donations. More than 100 million PayPal accounts are in existence, and PayPal is one of the world's most popular methods of Internet payments.
Infrastructure
PayPal acts as the middleman between merchants and banks/credit card companies. Both buyer and seller provide their bank or credit card information to PayPal, rather than directly to each other. In this way, PayPal serves as an extra security feature, because all account information is held securely by PayPal. There are fees called an interchange, which are charged by banks and credit card companies when a merchant accepts a credit card charge. The interchange is typically around 10 cents plus approximately 2 percent of the charge. PayPal handles these fees for the merchant or payment recipient, and makes the money back by deducting a small fee from the payment before depositing it in the recipient's account. PayPal also makes money on the interest from money left in PayPal accounts before funds are withdrawn.
Creating an Account
Setting up a PayPal account is quick and free and can be done from the site's homepage, www.PayPal.com. You will need to enter your name, address, phone number and email address, then choose a log-in name, password and security questions. Adding a credit card number to your account is optional but will allow PayPal to confirm your home address for added buying and selling confidence. You can also add a bank account to serve as a back-up source when sending funds and/or as an account to electronically deposit funds. After signing up for an account, you will receive a confirmation email from PayPal with further instructions and information about the creation of your account.
Sending Funds
You can send money via PayPal to any person or business with an email address, regardless of whether the recipient has a PayPal account. This can be done by logging into the PayPal account and clicking on 'Send Funds.' The recipient will get an email about the payment, and can then set up an account to access the funds. When purchasing from an online merchant or through eBay, click on the payment option that reads 'Pay Online Securely with PayPal' or a similar PayPal option. You will then be taken automatically to a PayPal page in which you will enter your PayPal log in and password. This information is not shared with the merchant. The money will be transferred from your PayPal account (which withdraws from your bank account, or makes a charge to the credit card you put on file with PayPal, depending on your arrangement).
Receiving Funds
After the buyer sends funds via PayPal, the money is deposited automatically in the receiver's PayPal account (or is held by PayPal until the recipient creates an account). PayPal deducts a small amount in fees according to the predetermined fee structure outlined on its website in the user agreement. The money received remains in the recipient's PayPal account until the recipient chooses to withdraw it.
Withdrawing Funds
There are several options for withdrawing funds from a PayPal account. Money can be transferred to a verified bank account, a check can be issued or the funds can be transferred to a PayPal debit card for online shopping. Other options may be available, depending on the type of user account; simply log in to PayPal and click 'Withdraw Funds' to find out more.

How Do I Deposit a Check Into a PayPal Account?

1. Log into your PayPal Mobile account on your iPhone using your password or PIN number. This will bring up the 'Welcome' screen once you have successfully logged in.
2. Tap the 'Tools' button at the bottom of the screen.
3. Tap 'Add a Check' in the 'Tools' menu.
4. Take a picture of the front and back of the check you wish to deposit. Submit the check for processing.
5. Wait for the screen to show the check was accepted. You will receive a transaction number and an 'In Process' date. Tap 'Continue' to return to the 'Tools' menu.
6. Keep the check for at least 15 days to ensure it properly appears and stays in your account. Once you are certain the process was successful and there are no problems, you may then dispose of the check.

How to Check PayPal Account History

1. Log in to your PayPal account. On your computer, go to the PayPal home page (see Resources section). Click 'Log In' and you will be transferred to the sign in page. Enter your email address and password. You will be directed to your account page.
2. Note the information available on the 'My Account Overview' page. A snapshot of your recent PayPal activity is provided. You can also choose to see a record of either 'Payments Sent' or 'Payments Received.'
3. Review the tabs at the top of 'My Account Overview' page. Click on the tab labeled 'History.' A new page will open providing specific options for your account history search.
4. Determine the parameters of your account history search where it indicates 'Show.' The default selection is 'All Activity - Simple View.' Click on the drop down box to choose the history of a specific type of transaction.
5. Specify the time frame of your account history report. After selecting the type of transaction you want reported, examine the choices offered by the 'Within' drop down box. Chooses are for the past day, week, month or year. If a specific account history date is desired, us the 'From' and 'To' date option.

How to Change the Color of PayPal Buttons

1. Open your browser and navigate to Cool Text, a graphic generator website. Scroll down on the home page to the section titled 'Choose a Button Design.'
2. Click on the style of button you want. This will bring up a customizing page; change the font color by clicking on the color box next to the 'Text' field. Change the button colors by clicking on the color boxes in the 'Fill' section under 'Button.'
3. Make any other changes to the button, such as clicking in the 'Text' field to change the text displayed on your button or picking an effect in the 'Other' section.
4. Check the 'Live Preview' image at the top, and click 'Render Button' when finished. Save the image by clicking 'Download Image' or right click on the button and scroll to 'Save Image As.' Click 'Save' to save the image in your downloads folder.
5. Create an account at a free photo hosting site, such as Flickr or Photobucket. Upload your button image and then copy the URL address. For Photobucket, copy the URL by mousing over the photo and clicking on 'Direct Link.' For Flikr, click on the arrow next to the Twitter icon in the upper left-hand corner and click 'Grab The Link.'
6. Log into PayPal, and click on the 'Merchant Services' tab. Look under 'Create Buttons' and click on one of the available button types. In the 'Customize Button' field, click 'Customize Text Or Appearance,' then select 'Use Your Own Button Image.'
7. Click in the field, and then paste in your image's URL address. Enter in the rest of the button's information, such as item name, price, shipping and tax, then click 'Create Button.'

How to Add Funds to a PayPal Account

Adding Bank Account Funds
1. Set up your bank account. Add your bank name, routing number and account number information into PayPal. Your routing and account number can be found at the bottom of your check. The first set of numbers on the far left is the routing number; the second set of numbers separated by a colon, the account number.
2. Verify your account. Once you establish the account, PayPal makes two small deposits into your bank account, usually within a few days. If you use online banking, check your statement--you'll see two deposits with PayPal as the payee. You must enter the amounts into PayPal to verify that you own the account.
3. Transfer your funds. After verification, enter the amount of funds you want to transfer. Go to the section labeled 'Add funds.' Choose your bank account then add the amount to transfer. Be sure the transfer details are correct before submitting. Within three to four business days, PayPal adds the funds to your account via an Electronic Funds Transfer (EFT).
Adding Credit Card Funds
4. Add your credit card to the PayPal system. Enter your name, the card type and number, expiration date and the card verification number (these are the last three digits on the back of your card).
5. Enter your billing address. PayPal confirms your card number as well as the billing address on your credit card statements. Click 'Add card.'
6. Transfer your funds and you're ready to shop.

How to Transfer Money to an International Bank Account Number

Send Money Through a Bank
1. Visit your bank's local branch and tell a representative you want to send a wire transfer to another country. You will be given a form to fill out for sending an international wire transfer.
2. Fill out the form. The form will chiefly ask for the recipient's bank account number, international bank account number (iBAN) and bank name and branch address. Apart from that, you will have to enter details for the bank account you want to transfer the money from. Also enter the amount to be transferred.
3. Pay the fee for making the transfer and keep the receipt safe. It will take about two to three weeks for the money to reach the recipient's bank account.
Send Money Without Going to a Bank
4. Compare the fees at Western Union, PayPal and Xoom by entering the transfer amount and selecting the country on each company's website (see Resources). Select the company that you find has the lowest cost.
5. Visit the website of the company you have decided to use for transferring money internationally. When you open the page, click the 'Sign Up'/'Register' button.
6. Provide your personal and contact details, including name, email address, address, city, ZIP code and country. Also enter your bank account details or credit card information for sending the money.
7. Click on 'Send Money'/'Transfer Money' after registering.
8. Enter the recipient's bank account number and bank name along with the amount you want to transfer. If you choose PayPal, you will have to enter the recipient's email address instead of a bank account number. The recipient will then receive an email notifying him about the funds. If the person doesn't have a PayPal account, he will have to create one to access his funds.

How to Use PayPal for Gift Credit Cards

1. Establish a PayPal account. You can do this by visiting PayPal.com, and clicking on the 'Sign Up' button near the search engine in the upper right hand corner of the home page. You'll be prompted for the type of account you want to set up, your name and bank account information. You'll be required to set a password and provide an email address. Once you're done, PayPal will wire two small transactions to your bank account. You must know what these amounts are to activate an account.
2. Set up a 'Student Account.' This program is designed for parents of teenagers who want to give their children spending money while still monitoring where that money is spent. You will again be prompted for your child's email address. Access the Student Account section (see Resources). When the process is complete, PayPal will send you a debit card that you control, then you can give it to your teen.
3. Set up an eBay Gift Card. PayPal does not administer gift cards directly except for those designed for Student Accounts. However, you can send a friend an eBay gift card, and fund it via PayPal. Your friend may use her eBay gift card for nearly anything available on eBay.com. To set up an account, visit the eBay gift card section (see Resources) and select whether you wish to create your own personalized card or select a stock card from the eBay inventory. Follow the directions. You will need an active PayPal account to create a gift card.