Paypal Balance!!!

sxfallenwolfxs
Contributor
Contributor

Is the money in my paypal balance mine to where i can transfer it to my bank account? or is that how much paypal is giving to spend and then pay back?

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skier
Advisor
Advisor

The funds in your PayPal Account balance are yours to do what you want with.   For example, if you sold an item, PayPal will always take their processing fees first, then deposit the balance of the sale into your PayPal Account.  What you do with funds after that is totally up to you.

 

 

Regards,

 

skier

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13 REPLIES 13
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skier
Advisor
Advisor

The funds in your PayPal Account balance are yours to do what you want with.   For example, if you sold an item, PayPal will always take their processing fees first, then deposit the balance of the sale into your PayPal Account.  What you do with funds after that is totally up to you.

 

 

Regards,

 

skier

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twiggy
Contributor
Contributor

I would like my paypal balcne to go back on my credit care

 

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ds_suggs
Member
Member

What if I want to make a purchase, will the money be taken from my pay-pal refund balance or will it be taken first from my bank debit card?

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sxfallenwolfxs
Contributor
Contributor

First they take the money from your paypal balance and if u dont have enough then it charges your bank account(if you entered your info) or your credit/debit card. But if u do have money on your paypal balance but isnt enough then it uses all that u have on your paypal balance then takes the rest from your bank account or credi/debit card. Or if you simply have enough for the balance then it just takes it off your paypal balance. Also its takes 4-7 days for the charge to show up on your bank statement.

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billco49
Contributor
Contributor

If someone wants to send me funds (to my PayPal account), is there a charge for doing so.  What information do they need from me regarding my account number etc.

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sxfallenwolfxs
Contributor
Contributor

1.9% to 2.9% + $0.30 USD is removed from the payment received

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chachacha
Member
Member

so it says my balance is $160... does that mean i have 160 bucks waiting for me? or i owe that? or i already got it?

 

sorry to be a newb...

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skier
Advisor
Advisor

If your PayPal Account Balance says you have X amount, then that's what you have in your Account Balance.

 

Regards,

 

skier

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chachacha
Member
Member

well ya obviously but is it money i haven't claimed yet or something i owe?

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