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Help me understand paypal

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    BroJer's Avatar
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    Quote Originally Posted by PartTimeScrapper View Post
    I think its because you had a brand new account joe. Untill you get I think $250 in deposits or do all the verifications threw paypal that 20 day hold will stay on your account. After that it should be instant.
    PTS is correct! In the long run, once you get established with paypal, you can make it work well for you. IE...the buyers I sell to here pay me via PP. I have been using the card since 2002 but there is still a 400 a day limit on CASH withdrawal. I am fine with that, as I see it as protection all the way around. It only cost a BUCK to pull that cash out at most ATM's. Now, fill the truck with fuel, using the PP card, pay for a few drill bits or tools, etc (use the card instead of the cash in your pocket) and I get cash back at the end of the month for making purchases with the PP card. So, if you WORK the card, you can make it WORK for you.

    I also just got the unit so I can take credit card payments, on the spot, with my iphone. Sure, we pay a few percent for the convenience, but what they heck, it makes the money available to me right now. It also keeps people from trying to talk me down because they are 20 short on cash. (get out your debit card or run to the atm...sorry bout ur luck)

    So, that is my 2.7% added to the convo ;-) BroJer


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