Paypal is like your account bank in the internet. You can receive payment and buy product online. This is the smarter way to do business in the internet. It allows you to do so many things that would otherwise be much more time consuming and expensive. If you have not done so yet, start make your Paypal account today. Especially if you do a lot of online shopping.
Now that you have your Paypal account, you will need to verify your bank account. Paypal will send two small deposit to your bank account and all you have to do is verify the amounts in Paypal.
There are many reasons for not wanting to give out your credit card number, whether you don't have one to begin with, or simply don't want to risk a case of identity theft. Luckily, it is quite possible to use Paypal without a credit card number, to both buy and sell goods and services online.
To transfer money from your bank account to your Paypal account, use the following steps:
1. Log onto your account and you will be taken to the overview page.
2. Click on the add funds tab at the top of the page.
3. Click on the link to add funds from your bank account.
4. You will be able to choose the account that you want to get funds from in a drop down list in the first option.
5. After you have chosen your bank account, type in the amount of money that you would like to transfer.
6. Click continue and it will take you to a confirmation page.
7. Click add funds and your transfer will be in progress.
Keep in mind that it takes a few days for your money to actually show up in your Paypal account, even after it is showing gone from your bank account.
To move funds from your Paypal account to your bank account:
1. After logging in, click on the withdraw funds tab at the top of the page.
2. Choose transfer funds, you will be taken to the next page.
3. Type the amount that you want to transfer to your bank account.
4. Choose the bank account that you want to send it to.
5. Click the continue button.
6. This will take you to the confirmation page. Check your information to insure that it is correct. Then verify it.
You will get a confirmation that the funds are being transferred. This takes a few days as well to show up in your bank account, so please keep that in mind before you transfer the funds.
Now that you know how to get money into your Paypal account, you can now spend it at any website that accepts Paypal as a form of payment (which most do). Whatever you're looking for, there will be an internet site that has it, and if they accept Paypal, you do not need to provide the seller with any other information than your email address. Simply click select Paypal as your payment method, and the rest is a snap.
In short, Paypal is quickly becoming the number one choice of online retailers. The simplicity and security of the software combine to make a package that is the basis for nearly all e-commerce. If you currently lack a credit card, or don't want to give out such private information, you can still take advantage of the utility of Paypal as a way of paying for both goods and services. As soon as you gain any money in your account, it is treated in the same fashion as if you had used a credit card, and may be dispensed as you will around the web.
Any questions?
