Why is PayPal depositing money into my account?

bellagir91
Contributor
Contributor

Well i am a new member here hello everyone. i was just wondering why is it that PayPal is depositing money into my account? I mean i appreciate it very much, but i just wanted to make sure that what they are doing is right?

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1 REPLY 1

skier
Advisor
Advisor

Are you trying to verify your PayPal Account?

 

Credit cards would receive the 4 digit code on a line with a US $1.95 (or equivalent in some other countries) charge. The number would appear before the word PayPal on your credit card statement. To enter your PayPal code, log in to your PayPal account, click Profile at the top of the page and click Credit Cards under Financial Information. Upon entering the proper code, that amount is refunded to your PayPal balance.

 


Bank accounts are sent two random deposits to establish that there's a good path between PayPal and your bank for future transactions, as well as to demonstrate that the account holder has access to the records for the bank account on file with PayPal. It can take up to 3 days to complete the verification process. Once you enter your bank account details, PayPal will make 2 small deposits (less than $1.00) into your account. After you confirm the deposit amounts, PayPal will link your account.

 

 

 

 

Regards,

 

skier

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