Paypal

[cannabis campbell]

Well when it comes to complicated stuff like this im a noob, could someone explain to me in layman terms how this works?

Also im from the uk and there is paypal.co.uk and .com so which one do i sign up to or does it not matter are they both the same??

Thanks..

[fasterspider]

It is all the same paypal.
Paypal is simple to sign on with but, you must know that they like to take their money from you and make it difficult to get your money out of your paypal account and into your bank account setting minimal limits.
Never ever give your paypal information out to an email requesting it because paypal does not send out emails asking for your information and never will and scammers do.
I have been using paypal for four years now and lots of money has gone through my account and mostly only in one direction {out} but, sometimes I get paid and want that money out of their hands and into my own and they want to keep your money there so they can make money on your money.
Paypal is a blessing and a curse so beware.

[ryanses]

Paypal is just like online money, that you can transfer to your bank and take out if you want. I use it for when i want to make purchases online, or if i need to pay someone, i.e. from ebay.

[ryanses]

you can also put money into your bank, and upload it onto paypal, like if you were going to buy a bong online, you would upload money you have from your bank account to the paypal account and in a couple clicks, its paid for. but make sure you have the money in your bank to support what you want to upload onto paypal.. make sure you have extra money in your paypal if your buying things, because if you dont have the funds in your bank, and you try and upload money onto paypal, they will charge you for it. good luck:thumbsup:

[fauxsho]

all you need is a credit card, but i think you can also use your bank account for it.

[cannabis campbell]

Yeah thats what im doing at the moment because i wanna start using ebay, seems confusing as hell at first...

im sure ill get used to it though.. hopefully.

[Psycho4Bud]

1) Set up an account with paypal and give them your banking information
2) They send your account a deposit (just a few cents) in order to confirm that the information was correct.
3) Making payments: Money is automatically withdrawn from your bank account under the paypal name
4) Receiving payments: Money is deposited into your paypal account and it is up to you to then transfer into your bank account.

Not doubting what fastspider said about getting your money out of them but I personally haven't had any problems. THIS statement though, "Never ever give your paypal information out to an email requesting it because paypal does not send out emails asking for your information and never will and scammers do." Is a DEFINATE!! Lucky enough for me that my bank was wondering why I was making purchases in Romania! They cancelled all transactions and issued me a new number in which I had to straighten up my paypal account with the new information so BEWARE!!

Have a good one!:jointsmile:

[cannabis campbell]

1) Set up an account with paypal and give them your banking information
2) They send your account a deposit (just a few cents) in order to confirm that the information was correct. (yeah i got up to this stage they say it takes 3-5 days which is ok, so now what i need to do to confirm it is wait until its put into my account and then comfirm it somehow right?)
3) Making payments: Money is automatically withdrawn from your bank account under the paypal name
4) Receiving payments: Money is deposited into your paypal account and it is up to you to then transfer into your bank account. (oh, i thought it goes STRAIGHT into your bank accounts obv not, well to transfer it from your paypal account to your bank account how long does this take??, also once say you have sold something.. is there a way for silly internet people to take the money back somehow because if there is then thats no good..)

Not doubting what fastspider said about getting your money out of them but I personally haven't had any problems. THIS statement though, "Never ever give your paypal information out to an email requesting it because paypal does not send out emails asking for your information and never will and scammers do." Is a DEFINATE!! Lucky enough for me that my bank was wondering why I was making purchases in Romania! They cancelled all transactions and issued me a new number in which I had to straighten up my paypal account with the new information so BEWARE!!

Have a good one!:jointsmile:

Thanks for the help P4B, !!

How common is it for paypal accounts to be hacked and stiff im guessing they make it very hard?

[Psycho4Bud]

Thanks for the help P4B, !!

How common is it for paypal accounts to be hacked and stiff im guessing they make it very hard?

I think Paypal itself is pretty safe but it's the damn scammers. They'll send ya an e-mail asking to "confirm" information and the way they set it up it looks EXACTLY like the paypal site. IF you ever were to receive one of these is best to first check the e-mail addy that sent it to ya and then check out the actual site to see if there is any sort of message within the system itself.

Have a good one!:jointsmile:

[cannabis campbell]

once the money is in your paypal account, how long does it take to transfer it to your bank account roughly?

[Psycho4Bud]

once the money is in your paypal account, how long does it take to transfer it to your bank account roughly?

Within a days period........at least that's been my experience.

Have a good one!

[ceecee79]

I've never had any issues with Paypal, and I have used it for eBay on several occasions, I have not linked my with my bank account though, just credit cards. I have received those "phishing" emails though, I think they are common.

[happiestmferoutthere]

I have a paypal account with 4 different e-mail addys attached, and I get 1 to 2 phishing e-mails a month on one address or the other. They are fairly easy to recognize, some even have misspelled words or bad grammar. But they are getting more sophisticated. I report all my suspicious e-mails to paypal and they work to shut them down. I have had paypal 5 years and my actual account has never been compromised. Just be careful of those e-mail wanting info!

[cannabis campbell]

So when you sign up to paypal you will get a lot of emails from scammers, people pretending they are paypal and trying to get your personal info..

but how come it only happens once you sign up to paypal on the same email, im sure they keep your email confidential..

I dont get it?

[rebgirl420]

I only use credit cards. That phishing shit and scamming stuff just bothers me. Its like those nigerian scams I get 3 times a day. Such bull..

[happiestmferoutthere]

I use 1 e-mail address I only use for e-bay. I get phishing e-mails from that one. I have 1 e-mail I only use for i-tunes and I get phishing e-mails on that. On my main e-mail which I use for most things, I have never received a bad e-mail. Paypal is quite good at protecting your privacy. Somehow the bad guys are getting the addresses and the fact that I have a paypal account, but that is all. They have to try to "phish" for the rest of the info.

[cannabis campbell]

What are nigerian scams?

[happiestmferoutthere]

There are tons of them. Here is a break down.
Urban Legends Reference Pages: Nigerian or 419 Scam (http://www.snopes.com/crime/fraud/nigeria.asp)

[fasterspider]

So when you sign up to paypal you will get a lot of emails from scammers, people pretending they are paypal and trying to get your personal info..

but how come it only happens once you sign up to paypal on the same email, im sure they keep your email confidential..

I dont get it?

Your email address is given or sold to scammers from web sites you have entered and registered on.

[Nightcrewman]

Yeah thats what im doing at the moment because i wanna start using ebay, seems confusing as hell at first...

im sure ill get used to it though.. hopefully.

We have been using paypal and ebay for about 3 years now its a good system but it does require a bit of care and attention as regards security.
Just the usual stuff dont give away passwords etc,there are a lot of emails arrive supposedly from paypal asking you to update account etc just chuck them in the bin.
It takes a wee bit getting used to but really its fairly straight forward as for taking money out your paypal account I think there is a small charge for transferring less than £50.00 but I'd have to check with Mrs NCM.
But go ahead ebay can be fun but remember not everything is a bargain(unless you are buying from me LOL) some people will buy anything just because its on ebay when it can be got elsewhere cheaper. Read as much as you can in the ebay "how to use" sections and you cant really go wrong.
Better still do what I did and get somebody to show you how it works (my fees are reasonable :)



Cheers

NCM

[cannabis campbell]

So all someone needs to put money into my paypal account is the my email, the one its registered with!??

[NteeM]

1) Set up an account with paypal and give them your banking information
2) They send your account a deposit (just a few cents) in order to confirm that the information was correct.
3) Making payments: Money is automatically withdrawn from your bank account under the paypal name
4) Receiving payments: Money is deposited into your paypal account and it is up to you to then transfer into your bank account.

Not doubting what fastspider said about getting your money out of them but I personally haven't had any problems. THIS statement though, "Never ever give your paypal information out to an email requesting it because paypal does not send out emails asking for your information and never will and scammers do." Is a DEFINATE!! Lucky enough for me that my bank was wondering why I was making purchases in Romania! They cancelled all transactions and issued me a new number in which I had to straighten up my paypal account with the new information so BEWARE!!

Have a good one!:jointsmile:

5) Don't keep your money in paypal. It's not uncommon for them to freeze your account. PayPalSucks.com is where you will learn about the PayPal Class Action Lawsuit, Abuse, Fraud & evil behind the PayPal system! (http://www.paypalsucks.com/), but if you're smart and using it for legal reasons and small personal transactions you should be fine. :hippy:

[psteve]

So all someone needs to put money into my paypal account is the my email, the one its registered with!??
That's right.

[psteve]

re. Phishing...
The scammers have other ways of finding out you have a paypal account.
For example, if you win an auction that says 'paypal only'.

[cannabis campbell]

So what about paypal with different countries for example if i was selling something that was £50 and someone had $500 or whatever in their paypal account but in american dollars does it translate it automatically or what?

[Reefer Rogue]

i hate paypal, this is why i never use eaby.

[candyrunt]

Hi CC,

PayPal's easy once you know the in's & out's.

Don't EVER reply to an email claiming to be from PayPal.
ALWAYS log into PayPal and forward the email to them using their online contact page.

If someone you have to pay for something in US $$'s and you only have GB ££'s in your PayPal account, it DOESN'T matter.

You just sign-in to PayPal, go to 'Send Money' page, CHOOSE which currency you would like to pay with, e.g. US $$'s, Euro's, Yen's, Aussie $$'s, etc., type in the amount you want to pay and PayPal does the rest. PayPal's exchange rate isn't as good as it should be though; for example you'll pay around £27 for a $50 transaction, while it should be £25 at today's exchange rate.

Hope that helps mate???

If you want anymore info, just post, OK??

Cheers,

:bigsmoke: