Saturday, February 23, 2013

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.

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