Question about paypal

[GoingUp]

What happens when someone wants to pay me through paypal using a credit card?

How much does it cost and is there anything that I should be worried about?

After how long can I transfer the money out of that account to my bank account?

 

[DeviousTrap]

You can transfer money to your bank account instantly.

To get credit card payments you must have either a premier or buisness account, and you will be charged 2.9% + 30 cents for each transaction after you upgrade (normal or CC)

 

[GoingUp]

Originally posted by: DeviousTrap
You can transfer money to your bank account instantly.

To get credit card payments you must have either a premier or buisness account, and you will be charged 2.9% + 30 cents for each transaction after you upgrade (normal or CC)

Does it cost money to upgrade and can they revoke the payment and get their money back even after I put the money in my bank account (I dont wanna get ripped off)

 

[DeviousTrap]

Originally posted by: Gobadgrs

Originally posted by: DeviousTrap
You can transfer money to your bank account instantly.

To get credit card payments you must have either a premier or buisness account, and you will be charged 2.9% + 30 cents for each transaction after you upgrade (normal or CC)

Does it cost money to upgrade and can they revoke the payment and get their money back even after I put the money in my bank account (I dont wanna get ripped off)

Upgrades are free. I am not sure if paypal can take the money out of your bank account but I know that if the money is in your paypal account and the other person does a charge back the money will be taken from you.

 

[GoingUp]

Originally posted by: DeviousTrap

Originally posted by: Gobadgrs

Originally posted by: DeviousTrap
You can transfer money to your bank account instantly.

To get credit card payments you must have either a premier or buisness account, and you will be charged 2.9% + 30 cents for each transaction after you upgrade (normal or CC)

Does it cost money to upgrade and can they revoke the payment and get their money back even after I put the money in my bank account (I dont wanna get ripped off)

Upgrades are free. I am not sure if paypal can take the money out of your bank account but I know that if the money is in your paypal account and the other person does a charge back the money will be taken from you.

Interesting to know. Man, that 2.9% adds up to almost $60. Add in shipping and Im out $100.