how the pay pal pays...

paypal - used to transfer money
@dmod01 (148)
India
December 6, 2006 12:12am CST
hello friends, im new here..now 1 thing which i want to know is that how the paypal pays the money to its customer!!! i dont have a credit card..but i have made a free paypal account..now if my paypal account is being credited(from mylot or whatever)then how come the money comes to me.. does it sends DD or check!!??
1 person likes this
3 responses
@quink82001 (2938)
• United States
6 Dec 06
Hello and welcome to Mylot. You say you don't have a credit card do you have a bank account? If you have a bank account then you can add your bank account to your paypal account. It has to be a verified bank account though or you can't withdraw the money. What I mean by verified is that once you add your bank account, paypal will make 2 small deposits in your bank account and you have to log on to paypal and put in the 2 small amounts they deposit. If you don't have a bank account then paypal can mail you a check but I think paypal charges you a small fee for the check and it can take awhile to get it. The best way to do it is with a Bank account if you have one, I hope this info helps you and if you have any other questions plz feel free to ask me. Have a great day and have fun here at Mylot!!!
@dmod01 (148)
• India
6 Dec 06
thanx for the info.. btw i have a bank account but im living in india. just now i found that the process to get verified for non us residence is only by credit card..else they can ship a check to india..
• United States
6 Dec 06
I'm not 100% sure on this one, but I think if you don't have a bank account to directly transfer the money to you can request a check, but it probably takes some time to get to you and I believe there's a fee of about $1.50 USD per check.
1 person likes this
@dmod01 (148)
• India
6 Dec 06
ya ur right..they charge $5 for a check!!!
@mypigbox (2245)
• China
6 Dec 06
Paypal a good way for the internet business. It can translate to money the your bank account. and can sent a check to you.If you don't active your paypal account ,you will be liminted the out money.