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Questions tagged [paypal]

PayPal is a global e-commerce business allowing payments and money transfers to be made through the Internet. Online money transfers serve as electronic alternatives to paying with traditional paper methods, such as checks and money orders.

2
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1answer
163 views

Can “Trustly” be trusted with my bank credentials?

To add money into my PayPal wallet I have to use Trustly. Trustly connects to my bank account and draws the funds from there. In order to connect to my bank account I need to provide them with MY ...
0
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2answers
120 views

PayPal money funnelling?

Problem: I have my own bank account and make my own money but my parents still keep tabs on what I'm doing with it. They always look through my bank statements and question things. Coming from a ...
0
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0answers
111 views

PayPal - getting away from them with TransferWise

We are outside the US and can't use Stripe for our business. Using PayPal, we have thousands of USD in the balance. I need to take large amount of money from my PayPal and move it to a bank account ...
-1
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2answers
51 views

Withdraw from atm using PayPal debit card

If i use my PayPal debit card at an atm and i dont have enough money in my PayPal account to withdraw the said amount will it use my linked debit card to withdraw the rest?
0
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0answers
83 views

How to allow some other person to access my bank (or PayPal) account in some emergency?

I was thinking in a situation for example like an accident, resulting in a coma or something like that. Is it possible to allow someone else to manage our bank or PayPal accounts in that case?
-2
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1answer
314 views

Another person is letting me use their bank account to make purchases, what are my risks?

I met someone online. They posed as a sugar momma. They NEVER asked for any account or personal info of any kind, and they never received any of my personal information. They gave me, I have texts ...
0
votes
1answer
74 views

New to Paypal. Can't seem to find my paypal balance

I'm new to Paypal. I don't really understand how to use it yet. Why can't I seem to find my Paypal balance? I've been looking for it and I can't find it. I'Ve looked under Account Summary and Activity ...
1
vote
1answer
63 views

Alternate Payment Methods That Protect Sellers With Virtual Services [closed]

I use eBay and my own site (hosted by Wix) to sell a virtual service with uses PayPal as the only payment option. Since the virtual service contains no physical item that gets dispatched, protection ...
2
votes
1answer
387 views

How do credit card chargebacks work when using Paypal/Google-Pay/Etc?

As per my understanding: When paying a store directly with my credit card, I am "protected" against items not as described, or not received...Possibly other situations as well. If approved, this would ...
3
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2answers
322 views

Is Paypal registered as a real bank? Is it FDIC insured?

It works kindof like a bank, in that you can send, receive, and store money in it as a secure account for as long as you'd like. So is it FDIC insured? And is it registered as a bank, or merely a ...
0
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1answer
147 views

Are there any hidden fees for using PayPal?

After years of inability to use PayPal due to hard restrictions and regulations of my country, I eventually found a way to use PayPal. I'm going to: Send/received money to/from my internet friends ...
5
votes
2answers
630 views

Is this Paypal request a potential scam

I have put a laptop for sale on Gumtree for £180. I have received a Whatsapp message today as below "I am interested in purchasing your laptop. I will offer you the asking price for the item and £18 ...
1
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1answer
2k views

Sending money via PayPal anonymously [closed]

I know PayPal payments are not anonymous (people can see your email and all that) but my question is, if the payment will arrive to the bank account it's related to, will the banking system there (if ...
2
votes
2answers
486 views

Is it possible to get scammed when buying using PayPal?

I bought a small piece of electronics for around 200€ on ebay-kleinanzeigen, the german equivalent of craigslist. The seller seemed honest and we agreed on him shipping the goods and me paying through ...
3
votes
0answers
226 views

What's the scam? [duplicate]

Two strangers have sent us money to our paypal account in the past week; the total is almost $700. What kind of a scam is this? I've had no contact with either of these people; the money just appeared ...
0
votes
1answer
230 views

Does a Paypal user Pay tax for receiving payment in uk

I'm trying to set up a PayPal account for my company (that is not registered in the UK) and want to use my UK account to receive payment on the website. Does anyone know if I will be taxed for ...
0
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0answers
74 views

How to refund PayPal payment with no funds in the account?

I bought an item from a seller and paid by PayPal. Seller made a mistake in calculating the shipping costs and could not ship the item, so we agreed that he just refunds. The issue is that the seller ...
1
vote
0answers
59 views

Withdraw EUR from Paypal to Unverified Bank Account in Germany

I have a bank account in Germany, and I have a Paypal account with <10k EUR in it. I want to know if it is possible to withdraw everything into my bank account if it is not verified with Paypal.
0
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1answer
63 views

Sending Money directly via Bank Account From Paypal [closed]

How true is this ? I am a Novice to things like this. I added my Bank account (Euros) vis IBAN to paypal, now it says i can make Payments directly from my account, Please i want to know if its true ...
0
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1answer
68 views

Clarification about Paypal; Whether Paypal works as a virtual money holder?

Clarification about Paypal. This question doesn't really fall under Personal Finance. Whether Paypal works as a virtual money holder ? Because every transaction made to (or) made from paypal to any ...
2
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1answer
61 views

For form 709 (Gift Tax), should I record the date I sent a money gift or the date my bank sent the transfer?

In 2017, I sent about 60+ gift transactions of about $50-$500 to a friend in Australia to help pay for her bills using Paypal. The total for the year was about $14,800, so I know I need to fill out ...
0
votes
1answer
44 views

Is PayPal's percentage fee applied before or after the flat fee?

For example: sending $100 at base US rates (2.9%, $0.30): Fee is $0.30 + $2.8913 = $3.1913 (applying the % after the flat rate) Fee is $2.90 + $0.30 = $3.20 (applying the % to the $ sent)
4
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3answers
1k views

Sell anonymously on PayPal

I'd like to sell digital photos through my website using PayPal to help fund my photography hobby. Staying anonymous is important to me, so I don't want my name or address disclosed to buyers. A ...
3
votes
1answer
663 views

Does receiving payments through PayPal cause any tax difficulties (UK)?

I am starting to take on small freelance projects as a side gig. I am currently a UK taxpayer, but my clients are located in the eurozone. Because my UK bank charges for incoming transfers from ...
-2
votes
1answer
368 views

How to reverse PayPal payment?

How to make a reverse on PayPal payment? I am a buyer of wonderful online goods and services, through sites like ebay. I have pay too much to my friend who sell me things and now I need to reverse the ...
74
votes
9answers
19k views

Selling online - Is private transportation indicative of a scam? Does PayPal make it safe?

I'm in the process of selling some furniture online. I use a website called dba.dk, which is the Danish equivalent of eBay (it was actually bought by eBay some years ago). The website is mainstream (...
0
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1answer
71 views

Can I transfer money with a Paypal account of incomplete status?

Can I transfer money to my friend? What's the difference between send and transfer money?
0
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1answer
100 views

Rejected payment still withdrew funds from my account

Last Saturday at around 20:00 CST I tried to pay for an item on eBay by using PayPal as a payment method - which I have already used before without any problems, however it failed with a message ...
3
votes
1answer
3k views

How to add TransferWise Borderless Account as a Bank Account in Paypal

I want to withdraw my money in Paypal to TransferWise Borderless Account since the conversion rate offered by TransferWise is better than Paypal's. I want to add it as a Bank Account in Paypal but I ...
1
vote
0answers
73 views

Receiving debt through PayPal attracts tax?

I reside in India, and one of my friend owes me a debt of 3 lakh rupees. Now the friend is living out of the country. He sent me the debt amount via PayPal. Is this acceptable? Will this credit to my ...
1
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0answers
188 views

Family member wants to gift me money from an account in a different country

Years ago my mother invested some money I made doing some acting as a kid in a bank account in New Zealand under her name. Both her and I live in Canada. We are both also Canadian/New Zealand Citizens....
1
vote
1answer
117 views

Why do I need to link a bank account to PayPal?

I recently returned a product I bought from eBay. PayPal returned the money directly back to my credit card. Then they returned the postage I had to pay, but it went into my PayPal account. In order ...
0
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0answers
47 views

Lowest Transaction Cost for Charitable Donation [duplicate]

I find most charities have a website that allows you to donate via credit card, paypal, or a physical address you can mail checks (if you dig hard enough). Each have their own transaction costs. ...
4
votes
1answer
228 views

Transfering money from paypal to Indian bank savings account?

I have a small drop-shipping website. My customers pay via PayPal, then my money gets transferred to my bank account in INR. Will this money be taxable. Can and will the (Indian) Income Tax ...
17
votes
6answers
26k views

Can PayPal transfer money automatically from my bank account if I link it in PayPal?

I've just signed up for a PayPal account, and it gives me the option to link a bank account or add a credit card. The credit card option would mean that PayPal can withdraw any amount of money ...
2
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2answers
1k views

Tax for foreign money received thru PayPal in india

Is there any tax in India for money received thru PayPal to my company's current account from my international clients?
1
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2answers
3k views

Paypal and Tax In Australia

I am a blogger and live in a country where PayPal does not exist. My relative lives in Australia. If I use his PayPal this way, will I have to pay Australian tax? (He does not have a PayPal account ...
6
votes
2answers
997 views

Personal taxes for Shopify / Paypal shop?

Hopefully someone can help out :) I've tried Googling, with no luck. I set up a Shopify site to sell some stuff I was making. I wasn't expecting much money, so I just connected it to PayPal. There is ...
5
votes
2answers
329 views

How much percent will Wikipedia receive from small donations done via paypal?

Currently Wikipedia is doing a capital campaign in Germany asking for money. I wondered if I should donate via direct debit or paypal and wondered how much percent will Wikipedia (or other non profit ...
6
votes
1answer
1k views

Is it safe to send money to someone in USA through Paypal?

I am Italian but I live in France, and I need to move to US. I am searching for an apartment in Boston and apparently I found a good one that I like. I did a Skype interview with the other flatmates ...
9
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1answer
7k views

Two banks in two countries. Is it possible to have a unique PayPal account?

I am Italian living in Sweden. I have one bank account in Italy and one in Sweden. I have recently opened a PayPal account in Sweden and I have no problems in performing purchasing in SEK, but I want ...
1
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0answers
25 views

how to opt for discounted rate when converting currencies in paypal?

I read http://trak.in/tags/business/2016/08/25/paypal-slashes-forex-rates-paypal-me-p2p-payments/ and specifically this part - While accepting payments, the user needs to opt for the discounted ...
4
votes
2answers
16k views

How can I let people send me money via PayPal without them seeing my PayPal account info?

Two things to start of with: one, I don't know if this is the right StackExchange website for this, and second of all, my title doesn't make much sense, so her is the concept of the question: I would ...
3
votes
2answers
367 views

Any reason to use PayPal to buy on eBay if I'm using a Virtual Credit Card Number?

Before answering this question, please assume it is a given that: I am using a virtual card number for purchases regardless of whether I go through PayPal or not. I already have a PayPal account; the ...
41
votes
7answers
49k views

A guy scammed me, but he gave me a bank account number & routing number. Can I use that to take out what he owes me?

This is a really weird situation. A guy contacted me regarding a business I have. He offered far in excess of my stated fees and even told me he could help me financially if I needed it, which I do. ...
2
votes
1answer
79 views

Canadian Citizen with Paypal Account with US funds

My sister-in-law is a Canadian Citizen. She works in the US and has a US Bank account. She also has a Paypal Account that is in US dollars. She wants to send me $20,000 via Paypal (I am a US ...
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0answers
439 views

Kickstarter refund via PayPal, scam?

Lately comments on a kickstarter project got strange: People claim to have received "refund" transfers ranging $0.99-$99 via PayPal, which they didn't request. PayPal transfers are notably revocable. ...
1
vote
2answers
574 views

how to purchase from amazon using Paypal?

I live out side united states , and have 30K $ in my Paypal account. I need to purchase from amazon.com using my Paypal account . I see that amazon.com just accept bank cards , but if i need to use ...
4
votes
2answers
3k views

Withdraw USD from PayPal without conversion to my home currency of EUR?

Is there a possibility to withdraw USD from Paypal to my EU country (our currency is EUR) without converting from USD to EUR on Paypal's side (because of Paypal's high conversion fee)? I have USD ...
0
votes
1answer
736 views

How can I link my HSBC account to PayPal in Egypt?

I have a HSBC VISA Debit card in Egypt. But I don't know how to link it with PayPal and what I need to do for that. I read that debit cards are not acceptable, but I don't know if this is true or not. ...