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Paypal Balance!!!

SOLVED

Paypal Balance!!!

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?

1 ACCEPTED SOLUTION

Accepted Solutions
Volunteer Advisor

Re: Paypal Balance!!!

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

13 REPLIES
Volunteer Advisor

Re: Paypal Balance!!!

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

New Community Member

Re: Paypal Balance!!!

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

 

New Community Member

Re: Paypal Balance!!!

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?

Re: Paypal Balance!!!

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.

Member

Re: Paypal Balance!!!

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.

Re: Paypal Balance!!!

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

New Community Member

Re: Paypal Balance!!!

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...

Volunteer Advisor

Re: Paypal Balance!!!

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

 

Regards,

 

skier

New Community Member

Re: Paypal Balance!!!

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