How does paypal works???

@sabashekh (1218)
Bhopal, India
May 12, 2016 5:14am CST
I was just planning to join PayPal ... I rarely have any idea about the payment mode and transfer of money ? How money from mylot is transferred ?? Even the guidelines are confusing ... Do share your PayPal experience .. :) # regards :)
9 people like this
13 responses
@waflay (2737)
• Nairobi, Kenya
12 May 16
Once you open a paypal account,it is a requirement that it has to be verified and it also has to be available in your country for you to be paid through it.
2 people like this
@waflay (2737)
• Nairobi, Kenya
12 May 16
@sabashekh This is by linking your debit or credit card with your paypal account. once you have logged in to your paypal account,there is an option for this.
2 people like this
@sabashekh (1218)
• Bhopal, India
12 May 16
@waflay can't we verify by any other option ??? Credit n debut card don't go with me
1 person likes this
@sabashekh (1218)
• Bhopal, India
12 May 16
Verified ??? How ???
2 people like this
@Lucky15 (37346)
• Philippines
12 May 16
It is thru pay pal where you are being paid. I mean your payment go.
2 people like this
@sabashekh (1218)
• Bhopal, India
12 May 16
So how paypal works ??
2 people like this
@Lucky15 (37346)
• Philippines
12 May 16
@sabashekh sign up ;)
2 people like this
@sabashekh (1218)
• Bhopal, India
12 May 16
@Lucky15 its showing to verify
2 people like this
@Juliaacv (48421)
• Canada
12 May 16
You can look at paypal as a virtual (online) account comparable to a check. When you receive a check you must take that to the bank to receive the money. When you have money deposited into your paypal account it is yours, you either transfer out of your paypal to a bank account or you transfer to a website if you are shopping online and would like to cover your payment with some of the money in your paypal account.
2 people like this
@sabashekh (1218)
• Bhopal, India
12 May 16
Thanks a lot So for online shopping also we require bank information ??? Have you tried that ??
1 person likes this
@Juliaacv (48421)
• Canada
12 May 16
@sabashekh Yes, you have to provide a bank account to transfer to, and when you want to take from your paypal and put into your bank account you just go to their website and do that.
2 people like this
@sabashekh (1218)
• Bhopal, India
13 May 16
@Juliaacv thanks a bunch *_*
1 person likes this
@Macarrosel (7498)
• Philippines
12 May 16
You must have a PayPal account if you want to be paid here. In opening a PayPal be sure you have a bank account or a credit card link to your PayPal account. Follow the guidelines in opening an account.
2 people like this
@sabashekh (1218)
• Bhopal, India
12 May 16
N if you don't have a bank account ??
1 person likes this
@sabashekh (1218)
• Bhopal, India
13 May 16
@EthanRye yeah .. Thanks a lot friend :) #bestwishes :)
• Mumbai, India
12 May 16
its very easy, fill your paypal registration from. verify every thing email, mobile, and fill your bank information, after that paypal will send you a the small amount on your bank, like 1 or 2rs something. print your passbook and fill the same amount paypal send to your account. now your paypal account is ready to receive money.
1 person likes this
• Mumbai, India
12 May 16
@sabashekh if don't have account its difficult to receive money but having account is the easiest way because if paypal receive funds from any website it will automatically transfer to your account. try to open a account with minimum deposit. and don't worry paypal is most trusted in the world
1 person likes this
@sabashekh (1218)
• Bhopal, India
12 May 16
@sunny2211 no worry ... But what all information you need to give ??
@sabashekh (1218)
• Bhopal, India
12 May 16
And what if you don't have a bank account
@addy007 (722)
13 May 16
you need to have a bank account and pan card, pan card is compulsory . Then you need to go for paypal india and register. you need to attach your bank account at paypal. its completely secure. i am using paypal from more than a year now. if you need more details ping me
1 person likes this
@sabashekh (1218)
• Bhopal, India
13 May 16
Ok thank you :)
1 person likes this
@sabashekh (1218)
• Bhopal, India
13 May 16
@addy007 ok thanks again
@addy007 (722)
13 May 16
@sabashekh you can give account number, its completely safe.
1 person likes this
@xstitcher (30329)
• Petaluma, California
12 May 16
Looks like you've gotten good answers. I've used PayPal for years--it's really simple.
1 person likes this
@sabashekh (1218)
• Bhopal, India
12 May 16
Thanks a bunch :)
@Daljinder (23233)
• Bangalore, India
12 May 16
I sent you a private message regarding that.
1 person likes this
@Daljinder (23233)
• Bangalore, India
12 May 16
@sabashekh You are welcome
1 person likes this
@sabashekh (1218)
• Bhopal, India
12 May 16
I received it .. Thanks :)
1 person likes this
@acelawrites (19273)
• Philippines
12 May 16
I saw that @Macarrosel responded to your query. You must open a Paypal account which is usually linked to your local bank account. Ask your local banks if they have Paypal links.
1 person likes this
@sabashekh (1218)
• Bhopal, India
12 May 16
Thanks :) actually I had a problem with my account ... Hope it works :) #regards :)
@avi256 (8489)
• Pune, India
12 May 16
I can help you with paypal
1 person likes this
@sabashekh (1218)
• Bhopal, India
12 May 16
Sure dear :) will talk to you :)
1 person likes this
@Sweetsona (300)
• India
13 May 16
I also dont have paypal.. Still on the same page lil princess ;)
1 person likes this
@sabashekh (1218)
• Bhopal, India
13 May 16
Yeaa ... We are always on same page princess *_*
1 person likes this
@thelme55 (76485)
• Germany
12 May 16
I see that you already got the right answers. If you donĀ“t have a bank account, you have to open one because you need it to get the money from paypal which by means come from your online earnings. Good luck.
1 person likes this
@sabashekh (1218)
• Bhopal, India
13 May 16
Thanks a lot :)
@flipitup (122)
• Iloilo, Philippines
13 May 16
I use paypal to buy to stuff online. I find it easier and safer than giving out my credit card info. I also use it to gather my earnings from the jobs I do online. And oh! Paypal is the only way you could get paid here in mylot.
1 person likes this
@sabashekh (1218)
• Bhopal, India
13 May 16
Thanks a lot :)