Doubt: Would paypal need credit card to open Account?????
February 19, 2010 10:58am CST
hi frnds. hai all iam new for myLot. so i liked to open paypal account, i have doubt in this becz iam fresh to open it. is it credit card need for open account, either for credit card shall i use debit card or bank account for that. help me to open paypal acccount.
19 Feb 10
No you don't need a credit card to open a paypal account. You can link it to a visa debit card or to a bank account though I believe that depends on where you live. But you don't need to link the account to a card ot a bank account either, you can use the it to recieve funds from sites like MyLot and then use those funds to buy things online.
19 Feb 10
If you do have a paypal account you need to add your bank account and confirm it. After that confirmation and verification that your really the owner of the bank then you can do the transfer of money from your paypal to your bank account. And it would take a week or 5 business days to receive the money to your bank account. but it would depends on your bank and its the usual time to reach the money on the bank as my experience.