I was wondering how pay pal works for sellers. does it mean getting credit on your credit card? or what? thanks Jeremy

I don't have a credit card to go to paypal. I don't buy stuff on Ebay. I buy stuff at numerous yard sales, flea markets and thrift stores.

Go to www.paypal.com and it will give you all the information you need.

When you get paid via paypal, the money goes into your paypal acount and just sits there until you do something with it. You can use the balance to pay for things (such as auctions) via paypal, or use your paypal debit card which they send you. You can also ask for them to mail you a check (they charge $1.50)
I hope that helps, any other questions?

Paypal is the best thing. You go to paypal.com set up an account. You put your checking account or savings account or credit card on there, or all if you want. Say you buy tapes from whoever it costs 10 dollars well it takes it out of whatever you want it to, but if you have 10 in your paypal account then it takes it out of that and leaves your checking/savings/credit card alone. I ebay all the time and it is a real life saver, plus less chance of getting ripped off too.

Are there any fees associated with a Paypal debit card?

To use the debit card, there are no fees. In fact if you are an ebay seller and payapl is the only form of electronic payment that you list in your auctions, you get 1.5% cash back on all purchases made with the debit card.
If you use the debit card to take money out of an ATM machine, there is a $1.00 fee

I still don't understand exactly how you receive money through paypal-but some people on ebay charge like a dollar extra if you use paypal-so you probablyhave to go to your bank to get the money.

I don't even use a Paypal debit card to set up an account. I'll get in trouble. I have regular money in my wallet.

When someone sends you money, it appears in your account. To get the money out of paypal, you can transfer the money to your bank account, ask ebay to send a check, or use it to pay off auctions

The reason some sellers charge additional fees for paypal is because paypal charges the seller a fee to receive money. Its about $0.30 + 2.9 % of the total for premier members

Originally posted by webuster
...some people on ebay charge like a dollar extra if you use paypal...

The reason why some sellers charge extra for using PayPal is because they have a business account. Those with this type of account, myself included, are charged a percentage for every amount they receive, but it is worth it to me as that is the only way to qualify for a debit card.

PayPal is a great service; however, it took me quite awhile to get the hang of it, sort of like riding a bicycle. :) At the beginning of my experience with PayPal, I told my mom that if she sent me a million dollars I wouldn't accept it if I had to go through the rigamarole with PayPal (I was frustrated!).

Paypal is wonderful! For someone like me who is buying and sometimes selling all the time it's simple to send and recieve money with this. You don't need to have your bank account tied into it but that helps if you do. If you use your checking account with Paypal when you recieve money in you can have that deposited to you account that way. Or have extra money laying around in that for when you want to buy something. Many companies offer this method of buying goods as well on there websites.

The biggest advantage of paypal is there is no more need for waiting for a money order or checks to arrive and clear. This makes getting your goods in that much faster. When the money arrives it's there for you to use.

When you want to use this, after you create your account, you login - hit the send money button, you are taken to a screen where you put in the sellers account information, copy a link to the auction you won if that applies, and hit the send money and it's done. You are offered money back guarentees sometimes as well which is nice.

Methods of paying with Paypal are credit cards, debit cards, or checking accounts. Also if you have money in your Paypal account.

The reason why some people add a dollar to a transaction or ask that you not pay with a credit card using Paypal is doing that losses money for the seller. Paypal takes a minimal chunk from each sale. I just recieved $200.00 last night and I actually recieved 197 and some change. Not bad I think. And these fees come out every time you recieve money, not just for verified sellers.

As far as the risks involved with this, there are some. First if you pay with paypal and are offered the money back guarentee and decline it and post a dispute you will not get the same level of service as if you did. If you are ripped off you do have some help with these people. Second, some buyers are rippers and will use a fake credit card for purchases. If this happens, you are stuck. If a person is a "verified" member that means they have there bank accounts backing them up. And paypal goes off of a Reference system as well. Everytime you pay someone they have a number next to there names. That number represents how many times they have recieved money from "verified" members. Some people only deal with buyers that have money in there accounts or are verified, and not members that buy with credit cards.

I have not heard of any time where passwords or accounts were stolen or hacked from the paypal secure servers except one exception....Some jackass decided to spam people writing emails as if they were Paypal telling people to go change there passwords or to become verified RIGHT NOW. As you'd expect some people have fallen for this HOAX/SCAM and unknowingly given up there information. Unfortuantly this is the way of the internet. Never reply to one of those emails, never do what they say, don't leave your passwords laying around at all or anything like that and you have nothing to worry about. If there servers were ever actually ever compromised it would be front page news as there are more then 30 million registered paypalers out there.