PayPal

[Master Affiliate]

For those who are already somewhat familiar with PayPal, please bear with me for just a moment. PayPal is a payment processor, plain and simple. What this means is that if you want to collect money for services rendered over the Internet, and don’t have or can’t get your own merchant account, PayPal will collect the money for you and deposit it into your online account. From there, you can then transfer the money to your own bank account or even have PayPal issue you a check.



You can also send money to people and buy things online using your PayPal account. This is a nice feature for those of us who don’t want to have to dig out our credit cards every time we go to a site in order to make a purchase. All we have to do is click on the little “Pay with PayPal” button and we’re taken to a screen where we can log into our PayPal account and complete the transaction. It’s really very convenient and a lot faster than with a credit card. The only thing you have to make sure of is that the site where you are making your
purchase actually accepts payments via PayPal. Most of these sites are clearly marked, so you shouldn’t have any problems.

One thing you need to be aware of with PayPal is that, like Clickbank, it is not accepted in every country. Many third world countries are not allowed access to PayPal accounts. There are a variety of reasons for
this which we will not get into in this particular article. PayPal also has many different options for opening an account, which we will be covering in future articles. It is important that you understand how each different account works so that you’ll know which account is best suited for YOUR purposes. Don’t worry, we will be explaining each account in detail so you will know the limitations and perks of each one.

And then of course there are the PayPal rules which we all have to follow. As with Clickbank,*PayPal has a number of these rules, the breaking of even one can lead to the termination of your PayPal account. Don’t worry, we’ll be covering the main rules of PayPal so you don’t end up breaking any of them that will ultimately land you in a mess of trouble. PayPal is not very tolerant of rule breakers.

It is my hope that when we finish this series, you’ll be able to go to the PayPal website and feel confident in opening your new account.

Many people have this automatic fear of PayPal because of all the horror stories that they have heard. I assure you, most of these stories leave out some very important details. In most cases, these people
blatantly broke some rule and ultimately got themselves banned. As long as you know the rules and follow them, you should be fine.



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[molly00000]

I have a personal account in paypal but its is unverified. So i want to know does it make any difference if i have not verified my debit or credit card.

[taki]

verifications gives you various benefits on your account, See the paypal site for more details. And a note for those who have heard the Paypal horror stories. Many of thoee stores can be tracked back to one group of people a few years back that were running some sort of scam over Paypal and Paypal caught them and banned them. After that they went on a campaign to smear Paypal's repuation and many people who never even bother to question what they read just believed it. Paypal has its problems, most of which are involved with the prices they charge. But by large it is the best and most trustworth payment processor on the net today.

[princee18]

After verifying your account, you can receive unlimited amount of funds, otherwise you can receive only upto $500 per month. Verification also increases your limits to transfer the funds to another paypal account.

[Postman]

Originally Posted by molly00000

I have a personal account in paypal but its is unverified. So i want to know does it make any difference if i have not verified my debit or credit card.

If you aren’t going to verify your account then you can’t get your money from PayPal. You could use the funds to buy some products or services online but the amount is limited to $100.

[TeresaCC]

When working properly, PayPal is an excellent service. It is the one I use. They work with Ebay and Pay loadz which are services I use. My account is verified and I've never had any problem moving money with them.