Buy PayPal Accounts
PayPal is a service that online shoppers and businesses of all sizes can use to make transactions easily. It expedites online purchases, and it hides sensitive financial information from merchants. It has two-factor authentication to do business and online shopping in a secure manner.
Know all the full scope of services offered through PayPal, the fees that sellers will face, and an example of how PayPal transactions work with eBay.
PayPal stores payment info, such as bank account or credit card numbers, so that customers don’t have to type out the numbers every time they buy something. PayPal also hides this financial information from businesses, adding a layer of security to online shopping. Small businesses and large corporations alike can incorporate PayPal payments into their online checkout process.
As a PayPal user, one can:
- Transfer money to or from your bank account to your PayPal account.
- Get a cash advance from your credit card and deposit the amount in your PayPal account.
- Make person-to-person (P2P) payments by transferring money from your PayPal account to another.
- Have a check mailed to you for the balance of your PayPal account.
- Get a PayPal debit card that you can use to make real-world purchases from your PayPal account.
Need to know::PayPal is a service, but it’s also a publicly-traded company with shares listed on the Nasdaq exchange.1 PayPal owns several other digital payment services, including Venmo, Braintree, and Xoom.
How PayPal Works?
If you want to use PayPal, both sellers and buyers must sign up for a PayPal account. This process will include linking a bank account or a credit card. It’s a fairly quick process, and once it’s set up, you’re ready to use PayPal.
PayPal uses encryption to keep your financial information secure. It also offers fraud prevention, which seeks to recognize and block fraudulent charges, as well as purchase protection, which reimburses customers whose purchase never arrives in the mail.
- PayPal is free for buyers—there aren’t any fees associated with purchases. For sellers, the fee to use PayPal will depend on the location of the sale and whether the seller is a nonprofit or not.
- U.S. sales are subject to a flat fee of $0.30 in addition to 2.9% of the sale. Eligible charities pay the same flat fee, but only 2.2% of the sale. The flat fee for international sales will depend on the currency, but they will all face a fee of 4.4% of the sale
- PayPal also allows users to send P2P payments. Those transactions are free as long as the funds come from a linked bank account. If the funds come from a linked credit or debit card, then there’s a 2.9% fee plus a currency fee (for example, $0.30 for U.S. dollars).
How PayPal Works With eBay Transactions
Small businesses that operate on eBay will likely need to be familiar with PayPal. When a buyer wins an auction, has a best offer accepted, or purchases an item at full price, the seller will send an invoice to the buyer. If the buyer and seller both have PayPal, the transaction can be quickly completed through the service.
After the buyer wins an auction or makes a purchase, they can select PayPal as the payment method at checkout. By checking out using PayPal, the winning buyer automatically triggers a transfer of funds from their preferred payment method (either credit card or bank account) into their PayPal account.
Once the buyer has funded the transaction, those funds are immediately transferred to the seller’s PayPal account. If the buyer already has funds in their PayPal account, then PayPal can use those funds before drawing on a bank account or credit card.
The funds will land in the seller’s account nearly instantaneously. Once the funds are there, the seller is free to transfer them to their bank account, have a check mailed from PayPal, or spend the money directly by buying something with PayPal.
How to use a credit card with PayPal?
PayPal supports all major credit cards – MasterCard, Discover, American Express (less favorable), and Visa. Linking your credit card to your PayPal account allows you to pay and send PayPal balance to your credit card.
To add your credit card (If you have any), follow the following steps:
Login to PayPal account.
Go to My Account -> Profile
Select Add/Edit Credit card
Credit card verification process
As part of the verification process, PayPal will make a minimum refundable charge to your card to generate a 4-digit PayPal code which will be used to complete credit card verification.
In your credit card statement, you will get the 4-digit PayPal code where the description field will start with the word ‘PayPal’ or ‘PP’.
Once you got the code, log in to your PayPal account and go to “Overview” and click on “Confirm my debit or credit card” by entering the 4-digit PayPal code to complete credit card verification.
Within 24 hours, the minimum amount being charged to generate a 4-digit PayPal code will be refunded to your PayPal account.
How to withdraw from a credit card and / Or bank account?
PayPal has various ways for you to pay and get paid depending on your country. For some countries you may add a local bank and have money withdrawn to your bank account; for some, you can only withdraw to a U.S bank account or request for check payments.
Be sure to check with this list first before attempting any withdrawal.
Withdraw to Bank Account
- Go to “My Account” > “Withdraw”.
- Click “Withdraw funds to your bank account”.
- Enter your bank information and click “Continue”.
- Click “Submit”.
It will take 5 – 7 days to transfer the fund to your bank account. PayPal personal account members are restricted to withdrawing more than $500.00 per month.
Withdraw to Card
- Go to “My Account” – “Withdraw”.
- Click “Withdraw funds to your bank card”.
- Enter the amount and select a credit card to receive payment.
This transaction will normally take 5-7 days. However, the length of time might be affected by the card issuer’s policies. Withdrawals to your card must meet a minimum withdrawal amount. PayPal charges a fee for withdrawals to your card. Currency conversion charges may also apply.
How to top-up a PayPal account?
It is easy to top-up your PayPal account – adding more funds to increase your spending limit. Topping up your PayPal account is free but charges may apply by your local bank.
Here’s how you top-up your PayPal account, in 3 simple steps:
- Go to “My Account” > “Top Up”.
- Select your bank and click “Continue”.
You’ll be redirected to a page to fill in your top-up amount. If you want to top-up the US dollar, fill in the exact amount and click on “Recalculate” to update/refresh the total in your country’s currency.
It may take up to 1-3 days, depending on your bank, to receive the top-up payment in your PayPal account. You are not allowed to top-up for others; your bank account and PayPal account must share the same person’s name in order to perform a top-up.
What is the process to get credit/debit card payments via PayPal? Is it free?
You have a PayPal account, you nailed a deal but how is your customer or client going to pay you? PayPal provides three options you can bill or request payments, respectively the following
Website Payments Standard
Website Payments Standard is a quick and easy way to begin accepting credit cards. payments on the Internet. It allows you to add various types of buttons on your website, providing clients/customers to send payment in the following mode:
- Buy now, allowing clients/customers to pay you instantly.
- Select multiple items, add to cart and check out later.
- Subscribe and send payments in recurring (every day, week, or month) mode.
PayPal Email Payments allows you to request payment from your customers via email. It’s a secure and quick way to accept PayPal payments online, bank payments,s or credit card payments. Your customers can easily make the payment with one click.
A low transaction fee will be charged to receive payment through PayPal Email Payments. Make sure you check out the complete features of PayPal Email Payments too.
Adding PayPal as Additional Payment Option
By adding PayPal as an Additional Payment Option on your website, you provide clients/customers an option to pay via PayPal right from your website. This is an easy and convenient method to ask for payments. Bear in mind that higher fees will be charged for the Personal PayPal account to receive payment from a debit card or credit card. If you have a business/premier account, you can receive credit card payments from buyers even they’re not PayPal users. No PayPal account registration is required for payees.
How to create a PayPal payment button?
This is one of the methods discussed in the above “How to receive credit/debit card payments via PayPal?” but I’ve decided to go break it down and go into more details as this is one of the most asked questions about PayPal. Creating a PayPal button is easy, and its step is as follows:
Log in to your PayPal account. Go to “Merchant Services”, select “Website Payments Standards” on your left. Select one of the 3 buttons (mode) how you like payments to be made. Eg. Buy Now, Add to Cart or Subscribe. Choose a button type and enter your payment detail, Fill in optional information for item name, item ID, price, currency and customize advanced features. Complete the process by clicking “Create Button” at the bottom of the page.
Note: You can either click “Select Code” to select all the button codes then copy the code and paste it into your website or send the payment link via email.
Is the PayPal currency exchange rate the same as local banks?
PayPal’s currency exchange rate is always higher than market and bank rates. It is out of the way how PayPal profits from the services they provide. You can find PayPal’s currency exchange rates with the steps below:
- Go to “My Account” > “Profile”.
- On the left of the page, click “My Money”.
- Click “Currencies” next to PayPal balance.
- Select a currency if you have more than one currency in your PayPal account. Enter the exact amount, the exchange currencies, and click “Calculate”. The exchange rate will be displayed with the total amount and PayPal exchange rate.
vccworld is the best place to buy verified PayPal Accounts. We sell paypal account with bank transfer and other payment methods available. Get started today!
Product SKU: PA8741E
Product Price: 45
Product In-Stock: InStock