Hopefully this blog will provide you with useful and helpful financial information! Goodness knows that we need it as much as possible now!
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Thursday, August 14, 2008
Paypal - Some Basic Information About......
If you don't already have a Paypal account, I would highly recommend it! However you will need to have a bank account and / or credit card in order to be eligible to have a Paypal account.
There are some fees involved though. Many people don't realize that Paypal is only free for sending money. There is a fee involved for receiving money - even if the money is from donations.
It's always free to send payments using your PayPal account. Personal accounts can receive a limited number of credit or debit card funded payments per year and are assessed a transaction fee. To view your Personal account limit, log in to your account and click the View Limits link.
PayPal members with a Business or Premier account are charged a low transaction fee for receiving payments. For more information please be sure to visit the Paypal Website.
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