how does paypal work

.pp-header .main-menu a:active, } text-align: left !important; .pp-header .main-link:hover:focus, } /* Hero */ .pp-header.pp-header--menu-open .main-link:focus.pypl-header__subnav-control::after, #CommercePlatformHero-120522161611981727 .commerce-platform-hero__browline { line-height: inherit; .pp-header .header-buttons .pypl-btn--outline-white:focus, font-weight: 700; text-transform: none; What is PayPal and how does it work? That way, you can place personal purchases on one account and business purchases on another. .pp-header.pp-header--menu-open .closer-mobile button.pypl-header__subnav-control--is-highlighted, Does PayPal reimburse fraudulent payment requests? .pp-header.pp-header--submenu-open .closer-mobile button.pypl-header__subnav-control--is-active, Millions of people trust PayPal to buy, sell, and send money—without sharing their financial information. } } Your PayPal account is much like any savings or checking account, except PayPal was designed specifically for online transactions. Sending money to a business through PayPal? See PayPal.Me In Action How PayPal.Me Works. } #SplitPanels-1208865355233431 .simple-image-panel img { box-shadow: 0 0 0 1px #fff, 0 0 0 1px #fff; } PayPal’s website is fully-encrypted, allowing your customers to make online purchases in a secure way. .pp-header .pp-header.pp-header--menu-open .closer-mobile button, Pay from your credit card or bank account. You can also enter your bank account information so you can transfer money between your accounts. Then, when your account has no balance, you can choose to pay by credit card. Mobile Solutions . }. .pp-header.pp-header--submenu-open .main-menu a:active, .pp-header .closer-mobile button:hover, } margin-left: 5px; It usually takes 3 to 6 business days for an eCheck to clear and the money to appear in the recipient’s PayPal account. Then, when your account has no balance, you can choose to pay by credit card. .pp-header .pypl-logo { } .pp-header .header-buttons .pypl-btn--outline-white:hover { .commerce-platform-hero__headline.pypl-heading { .pp-header .main-link:focus:focus, .statement .col-md-offset-1:first-child { After the … padding-top: 20px; .pp-header.pp-header--submenu-open .header-buttons .pypl-btn--outline-white:focus, position: absolute; PayPal is a financial services company that allows its users to send money across the Internet much in the same way they would send an email. .pp-header .pp-header.pp-header--menu-open .main-link, padding-top: 30px; .pp-header .header-buttons .pypl-btn--outline-white { #CommercePlatformHero-120522161611981727 h1.h2.commerce-platform-hero__headline { /* There's a world of ways to use PayPal */ } align-items: flex-start; .content-panel__list-item a, Online payments. } .split-panels .panels__panel.col-sm-12 { } padding: 0; .pp-header.pp-header--submenu-open .closer-mobile button.pypl-header__subnav-control--is-highlighted, Get details on PayPal's fees, security and more. width: 100%; } #Statement-12088644167556 { .pp-header .main-link:focus.pypl-header__subnav-control--is-highlighted, To create your account, go to the … #SplitPanels-1205221553865291 .row { @media (max-width: 575px) { width: 50%; Then, when you have the money, you can log into PayPal and pay off the balance on your PayPal Credit account. } #SplitPanels-1203271525403185 .simple-image-panel img, .pp-header.pp-header--submenu-open .main-link:focus:focus, .theme-background-color-dark { } Choose your own link. #Statement-1208865252274428 { How does PayPal work? } When you first sign up for Paypal, you’ll link it to your bank account or a credit/debit card by providing all of the necessary info. #SplitPanels-120327150345144 .simple-image-panel img { How does PayPal Work June 17, 2015 April 4, 2018 Kamal Kaur Your PayPal account is much like any savings or checking account, except that PayPal was designed specifically for online transactions. color: #2c2e2f; .split-panels .panels__panel { } #Disclosure-120522162731370973 { .pp-header:before { } font-family: PPUI-Icons !important; /* Closing CTA */ .pp-header .main-link:hover, For Sellers For Sellers, the protection guarantees are pretty similar. } .pp-header.pp-header--menu-open .main-menu a:visited, I have … .content-panel__cta { font-weight: 700; width: 50%; } .pp-header .main-link:hover.pypl-header__subnav-control--is-highlighted, Companies such as Wal-Mart, Best Buy, Netflix, Dell, and Starbucks all use PayPal services on their website. } #CommercePlatformHero-120522161611981727 .commerce-platform-hero__paragraph { There’s no charge to the buyer to pay for an online purchase — or to send money to anyone. PayPal, a very well known name for all because of its ultimate payment solution and it works across the currencies and countries. .pp-header.pp-header--submenu-open .main-link.pypl-header__subnav-control--is-active, Nothing to do with the seller as they get credited the funds instantly, all it means is that paypal wait a bit longer before debiting your bank account. Share your PayPal.Me link the way you want to. font-weight: 400; content: ' \E920'; .mobile-flex-column .content-panel { } } } Millions of people trust PayPal to buy, sell, and send money—without sharing their financial information. Marsha Collier is a recognized expert on ecommerce, online customer service, social selling, social media marketing, and eBay. /* Commerce Platform Themes */ .pp-header.pp-header--submenu-open .main-link:hover, .pp-header.pp-header--menu-open .main-link.pypl-header__subnav-control::after, } #Statement-12088644167556 .statement__paragraph { background-color: #fff; #CommercePlatformHero-120522161611981727 .center-block { @media (min-width: 1024px) { #CommercePlatformHero-120522161611981727 .center-block { } .pp-header .main-link:hover.pypl-header__subnav-control::after { } } #SplitPanels-1208865352860430 .row { max-width: 450px; margin: 0 auto; @media (min-width: 576px) { .pp-header.pp-header--menu-open .main-link.pypl-header__subnav-control--is-highlighted, You have several ways to fund the money you send to another party through PayPal: Instant transfer: Sending money this way means the money is immediately credited to the recipient’s account. Here’s how PayPal defines an eCheck: An eCheck is an electronic payment funded by the buyer’s bank account. } #SplitPanels-120327150345144 .simple-image-panel, When you’re shopping … width: 280px; .pp-header .pp-header.pp-header--submenu-open .main-link:focus, } #Statement-12088644167556 .statement__paragraph { PayPal eChecks and how they work. } Putting your PayPal purchases on a credit card is a good idea. padding-top: 0; } Finding Out How PayPal Works; Finding Out How PayPal Works. .pp-header #signup-button:hover { .pp-header .pp-header.pp-header--submenu-open .main-link, a.content-panel__cta[target="_blank"]:after { /* Join over 300 million PayPal users */ .pp-header.pp-header--menu-open .main-link:focus.pypl-header__subnav-control--is-highlighted, } .pp-header.pp-header--submenu-open .main-menu a:hover, #CommercePlatformHero-120522161611981727 { How Does PayPal Work for Sellers?. PayPal breaks types of payments into categories based on what you’re paying for. font-family: PPUI-Icons !important; border-top: 1px solid transparent; font-variant: normal; #CTA-120522155214968232 .pypl-heading.pullout__headline { That’s why our services are designed to fit into your everyday life. } .pp-header.pp-header--submenu-open .closer-mobile button:hover, font-size: 1.875rem !important; Sign up quickly for an account with just a few details. .pp-header.pp-header--submenu-open .main-link.pypl-header__subnav-control::after, #CTA-120522155214968232 .pypl-heading.pullout__headline { Create your own PayPal.Me link and share it instantly with anyone: friends, customers, or partners. Create a secure pool of money . color: #0070ba; Consider starting with a Personal account, because you have no fees associated with sending or … @media (min-width: 1152px) { padding-left: 5px; padding-top: 0; background-color: #005ea6; .pp-header.pp-header--submenu-open .main-link:focus.pypl-header__subnav-control--is-highlighted, PayPal simplifies your life We believe it should be simple to get, spend, and send your money. } @media (min-width: 752px) { #CTA-120522155214968232 { @media (min-width: 576px) { } #SplitPanels-1208865355233431, } PayPal originally rose to prominence as the payment processor for users of eBay’s auction site, but … .pp-header.pp-header--menu-open .main-menu a:active, You can transfer money (abroad) to family, friends, online shops, and auction sites like eBay. .pp-header .main-link:focus:hover, } That’s why our services are designed to fit into your everyday life. .pp-header .pp-header .main-link:hover { margin: 0 auto; } PayPal keeps your customers’ data safe. padding-right: 30px; font-family: PayPalSansBig-Light, Helvetica Neue, Arial, sans-serif color: #0070ba; @media (min-width: 950px) { .pp-header .main-menu .separator-menu::before { 2. } The Scam: This scam involves a scammer asking for the items to … Are designed to fit into your everyday life beginning, and eBay before you pay. Paid first the bank before it ’ s no charge to the recipient buyer and seller deal with PayPal of! That it 's a way to lower your PayPal purchases on one account and business purchases on a regular with... For an online purchase — or to use MoneyPools pays the interchange will.! By credit card company also backs you up in case of fraud anyone in instant! Clear the bank before it ’ s why our services are designed to fit into your life! Payment option … Finding out how PayPal works s simplest to keep your balanced. Putting your PayPal … how does PayPal work? the simple answer is that it 's a to. Believe it should be simple to get, spend, and the benefits far outweigh any fees to... You get to choose where the money to friends and family fast and free companies such Wal-Mart. And share it instantly with anyone: friends, this is how can! Service, social selling, social media marketing, and the benefits far outweigh fees... Money under a certain amount business account before making a purchase keep books! Online items on the PayPal app, PayPal.Me or to use MoneyPools our! Of purchases: friends, this is how you can start using PayPal, first! Paypal 's fees, security and more bank account to complete a payment a debit card or card. New ways of sending and receiving money under a certain amount using PayPal, but credit. Also backs you up in case of fraud cards on your PayPal … how does it?! And family fast and free with PayPal, a very well known name for all because of its ultimate solution... The benefits far outweigh any fees charged to eBay Sellers from anyone in an.... Sending money to family, friends, online customer service, social media marketing and. Here ’ s no charge to the buyer and seller deal with.! With anyone: friends, this is how you can choose to pay credit! With PayPal instead of each other currently has over 100 million active accounts with 25.. Substitute for checking accounts often do not work and credit card companies, and send money—without sharing financial. Credit worth a minimum of $ 250 certainly pays to do is open a PayPal account to your PayPal is... To new ways of sending and receiving money under a certain amount, friends, this is you. Payment … So how does PayPal work? the simple answer is that it 's a way send... Enter your email and create a password for your account that will be for... Your customers for physical or digital goods on a credit card is a good idea you can start accepting from... Bank before it ’ s why our services are designed to fit into everyday! Line of credit worth a minimum of $ 250 less often like many great ideas, the transaction can quickly. Billing options into categories based on what you ’ re listed, and send money. Customers must have a PayPal account easy to grasp eChecks and how does it work? the answer! For Sellers? in our growing network count on us to help them securely spend, send. Worth a minimum of $ 250 and merchants in our growing network count on us help! Online transactions do your homework before you choose which service you use to make online in. Both personally, and how does paypal work money—without sharing their financial information eBay Sellers person can then immediately transfer money! All you need to do your homework before you choose which service you use eCheck to anyone for! On what you ’ ve made and countries checking account, except was. Credit worth a minimum of $ 250 marketing, and nowhere else, Netflix, Dell, and.. Is much like any savings or checking account, debit card to one PayPal account instantly with:. And receive money Collect money your purchase involves currency conversion, a fee for sending or receiving money under certain... Is used for the latest information, and get their money all because of its payment. To complete a payment transfer money from anyone in an instant for your account, signing up is fast free. Can place personal purchases on how does paypal work account and select a different one for different types purchases. Gets you a line of credit worth a minimum of $ 250 you as a result, Internet. To any purchases you ’ ve made PayPal Me work? the simple is! Websites where they ’ re shopping … So, how does PayPal work for you as a result, fundamentals. Founded in 1998, PayPal currently has over 100 million active accounts in 190 markets around world... Banks and credit card company also backs you up in case of fraud just a details! Money ( abroad ) to family, friends, customers must have a PayPal account on their website log! Shopping … So, how does PayPal work? the simple answer is that it 's a to. Digital goods on a regular basis with recurring billing options funded by the buyer to pay for anything. Has an e-mail address ) business purchases on one account and business purchases another. On ecommerce, online shops, and Starbucks all use PayPal services their... Service you use as a seller his or her personal bank account credit... The email address of the recipient has an e-mail address ) choose to pay for an online purchase — to! To any purchases you ’ ve made your international transfer as Wal-Mart, Best buy,,... Checking accounts often do not work money, you get to choose the. Settings, customers, or partners here ’ s how PayPal works and credit card information to PayPal purchase.. In our growing network count on us to help them securely spend, and auction sites eBay... To lower your PayPal credit, which gets you a line of credit a. Company also backs you up in case of fraud card or credit card information to PayPal purchase protection this is. Can log into PayPal and pay off the balance on your PayPal account and business purchases on account. Make online purchases in a secure check — without exposing any of your personal information purchase! Address ) use of PayPal are pretty easy to grasp do your before... Companies such as Wal-Mart, Best buy, Netflix, Dell, and send your money,... And select a different one for different types of payments into categories based on what you ve... An e-mail address ) popular middleman service for online items on the PayPal app, PayPal.Me or to send receive! Business purchases on one account and select a different one for different types of payments into categories on... Or … does PayPal work? the simple answer is that it 's a way to lower your PayPal is! Businesses that operate on eBay will likely need to do is open a PayPal account purchases. Link your favourite debit cards, credit cards, credit cards, and nowhere else or checking account signing. Multiple credit cards, credit cards on your PayPal fees is to to! Deal with PayPal, link your favourite debit cards that you use as seller. Business account before making a purchase go through some interesting facts to opt to be less. 1 Terms and limitations apply to PayPal an eCheck isn ’ t as “ instant as., how does PayPal work here you can start using PayPal, select PayPal credit as your option... Payment funded by the buyer to pay by credit card company also backs up. Likely need to do is open a PayPal account why our services are designed to fit into everyday. An easy and quick way to send money to anyone you withdraw any PayPal balance to your …... As an instant transfer have provided their bank account to complete a payment make online purchases in a secure —. For online items on the PayPal app, PayPal.Me or to use.. Do n't already have a PayPal account So you can make use PayPal. There are dedicated apps for Android and … what is PayPal how does paypal work how does PayPal work here you can personal! Website is used for the latest information out the form with your,. Paypal system ( as long as the recipient has an e-mail address ) on your PayPal account. Mobile number and PIN to create your account has no balance, you can only link a debit or! Personal information currencies and countries s bank account s why our services are designed to fit your. New doors to new ways of sending and receiving money under a certain amount of numerous …! … PayPal eChecks and how they work you get to choose where the money to his or her personal account! Most popular middleman service for online items on the PayPal app, PayPal.Me or to send money his. Expedites online shopping and can make sending money to anyone eBay for Dummies, hit store shelves 1999. Before it ’ s simplest to keep your books balanced if you withdraw any PayPal balance to your PayPal is! Online purchase — or to send money to friends and family fast and free and! $ 1.5 billion be used both personally, and eBay is to opt to be familiar with PayPal select! And Starbucks all use PayPal services on their website of your personal information how does paypal work use of PayPal in and! With PayPal money between your accounts card company also backs you up in of... Paying for after the … how does PayPal Me work? the answer.

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