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Another question bout Paypal

Discussion in 'Assets and Investment' started by Bl0w Ranq, Jun 11, 2011.

  1. Bl0w Ranq

    Bl0w Ranq Guru
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    Another question bout Paypal

    im going to use paypal now, but a question to the users of it, which are well known with using it;
    if u made a paypal exchange, u immediately get it on ur creditcard irl, or just leave it there to do more business.
    i heard somewhere if u pay with paypal, u can take ur money back or something.
    as im not sure how paypal works, this is my question.
    just put it immediately on ur creditcard, and also idk how old u guys are, but do you parents ask you guys how u get money on ur creditcard, and what do they say u told em via virtual items.
    and can u get irl probs with police etc, when something happens.
    cause i needed to fill adress etc in on paypal, and they got my IP etc, just wondering.
    im new to it, so im very safe with it atm
     
  2. Dave.

    Dave. I dont Trade
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    Another question bout Paypal

    you should be safe, im 17 and i use paypal i usually bring in over $200 a month which i normally keep and every 1-2 months i take out about 75% of my paypal balance.

    It's always good to keep a decentish balance just incase you see something you wanna buy or if you happened to get charged back.

    withdrawing money from paypal to your bank takes 3-5 days or you can pay a fee of like $10 to have it withdrawn in 24hours i think.

    and as for the police as long as you always keep a positive balance you should be fine.

    My advice to you is to be safe and only accept payments from people you deem trusted and to try to keep your money in paypal for atleast 20 days before withdrawing it if you're worried about chargebacks.

    If you have any more questions feel free to pm me or add me on msn and i'd be happy to help you out where i can :)
     
  3. Bl0w Ranq

    Bl0w Ranq Guru
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    Another question bout Paypal

    thanks for responding man, really appreciate, and helped me out well
     
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