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Anonymous Posted on May 12, 2011

How does paypal work..i dont know anything about it..i am new

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  • Expert 158 Answers
  • Posted on May 12, 2011
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Joined: May 11, 2011
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Paypal allows you to make online purchases at any vendor that supports Paypal. Once you save your credit card information on Paypal you cant make a purchase simply by logging into your account and don't have to reenter the information again. You can also add a bank account to Paypal and pay for things through your bank account. Paypal is a very useful tool when buying or selling things online.

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Anonymous

  • 1 Answer
  • Posted on May 12, 2011

SOURCE: how does paypal work? i

It's just basically an on-line bank. You open an account with Paypal, then put some money in the account (via credit card or through setting up an automatic connection with your real bank which will deposit money for you). Now you have a Paypal account with money in it. When you want to pay for something, you go to your account, put in the Paypal account of the recipient (usually their e-mail address) and the amount. Your account is deducted by that amount. Similarly, if someone is sending you money, they will need your e-mail address. They will deposit money, and your account is credited accordingly. Paypal will send messages to both sender and recipient that the transaction went through. I hope that helps.

-R.M.

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Related Questions:

0helpful
1answer

I had a Paypal account over a year ago .. then my computer broke down so I wish to set up a new one..How do I do it

ring paypal on the phone and discuss the problem with them
if they are still paying an account and you are not receiving anything they may not be aware that it is happening and would not be aware if you did not tell them earlier
0helpful
1answer

Money from Paypal account transferred to a card i dont have And will not accept info from a new prepaid master card bussiness

You have to go to the pay pal account, sign in and register the new credit card.As far as funds going to another card, with it your card? If not , I would contact pay pal about someone else receiving your funds. .
0helpful
1answer

Dont know what my password is

NEVER EVER give out personal details!
Visit the PayPal website and use the option that you have lost your password. A new one will be sent out to you via your e-mail. Once got log into PayPal and change ALL your security details.
0helpful
1answer

My email account has been hacked and I cannot now acces my paypal account. Obviously, the hacker must have attempted to break into my paypal account but, fortunately, an email account password is not the...

Hi,

First of all make sure your computer is clean and free from virus or trojan. This is to make sure the hacker won't be able to get into your email outside paypal. Please don't also use the password of your email address to make it safe for your paypal.

Step two : Go to paypal.com and make sure you are on the home. Click Problem with Login. Choose I dont know my password and type in the Verification code. Then enter the email addres of your paypal. IF it shows error then Choose the other option which is ""I don't know what email address I use"" then ""I need to create a new password""

Step three : Go to your email and check the email of paypal.


Good luck
0helpful
2answers

I dont know what iam doing i need to pay for a item with my checking account they are asking for my last 2 deposits i try to put them in with my new password and iam not getting anywhere

Hi,

In order to add a checking account or credit card to paypal you need to verify these accounts are yours. Paypal will make a very small deposit into your checking account and once they do, you go back to Paypal and enter the amount they deposited on the confirmation screen. Sometimes the deposit can take up to 3 business days. If you are putting in the amount of the last two random deposits that are not from paypal then this will not work.

Let me know if you have any questions.

-G33k
0helpful
1answer

How does paypal work? i dont know anything about it

It's just basically an on-line bank. You open an account with Paypal, then put some money in the account (via credit card or through setting up an automatic connection with your real bank which will deposit money for you). Now you have a Paypal account with money in it. When you want to pay for something, you go to your account, put in the Paypal account of the recipient (usually their e-mail address) and the amount. Your account is deducted by that amount. Similarly, if someone is sending you money, they will need your e-mail address. They will deposit money, and your account is credited accordingly. Paypal will send messages to both sender and recipient that the transaction went through. I hope that helps.

-R.M.
0helpful
1answer

My ex wife used my card number on ebay to purchase something, and now i am unable to purchase anything on ebay, because it is telling me my card number is signed upto another paypal accound and i dont...

The only way I can see doing that is to cancel the card you used to open the ex-wife's account ( dispute her charges), get them to issue another card and use the new card to open another account. You can't close her account,but she won't be able to use your money anymore.
0helpful
1answer

Tried to pay for goods with paypal,but they had a credit card that has just been replaced. changed paypal details to new card but seller refused old card and i dont kn0w how to pay, as they do not accept...

Contact the seller, and have them create a new "invoice" (which automatically will be E-mailed to you). Then, login to PayPal, select that invoice, and "pay" it.
0helpful
1answer

Wow gold

Always ready reviews before buying anything online. This would reduce the risk of frauds.

For now you need to Login to Payal resolution centre... If you dont have a paypal account login through this... https://www.paypal.com/in/mrb/pal=H76KNDZW93F72

Then login to the account and click resolution center. and describe and lodge the complaint. attache the email recipt you recieved from paypal. and other references. hopefuly you get the money back or atleas the gold.

And please let us know if your problem is resolved, your feedback helps us serve you better. thanks... have a nice day...
6helpful
3answers

My paypal account

How do I get a new password?

Question :
Answer :
A If you forgot your password, you can create a new password. Here's how:

1. Go to the PayPal website.
2. Click the Home tab at the top of the page.
3. Click password under the Log In button.
4. Enter your PayPal email address.
5. Enter the security code by typing the letters and numbers shown, without spaces.
6. Click Continue.


You can change your password or security questions from your profile. Here's how:

1. Log in to your PayPal account.
2. Click the My Account tab.
3. Click Profile at the top of the page.
4. Click Password in the Account Information column.
5. Select either Password or Security Question.
6. Click Edit. You may be asked to confirm that this is your account.
7. Enter your current PayPal password.
8. Enter and re-enter your new PayPal password.
9. Select your security questions and enter the answers.
10. Click Save.

https://www.paypal.com/helpcenter/main.jsp;jsessionid=JJsGhmp3nRbthhZyBnb05ymfRVylTGLQnkhRv3kK92lhWk6bQx74!964416863?locale=en_US&_dyncharset=UTF-8&countrycode=US&cmd=_help&serverInstance=9003&t=solutionTab&ft=searchTab&ps=solutionPanels&solutionId=10495&isSrch=Yes


What if I've forgotten my password for the Sandbox?

Question :
Answer :
A You can reset your password after confirming your identity. You will be asked to choose a new password. Be sure to choose a unique password that you can easily remember.

Here's How:

1. Go to https://www.paypal.com.
2. Click Trouble Logging In?.
3. Enter your email address.
4. Click Submit.
5. PayPal will send an email to your email address. Follow the instructions in this email.

https://www.paypal.com/helpcenter/main.jsp;jsessionid=JJsGhmp3nRbthhZyBnb05ymfRVylTGLQnkhRv3kK92lhWk6bQx74!964416863?locale=en_US&_dyncharset=UTF-8&countrycode=US&cmd=_help&serverInstance=9003&t=solutionTab&ft=searchTab&ps=solutionPanels&solutionId=10103&isSrch=Yes

it doesn't ask for credit card number make sure you're logging at www.paypal.com and not somebody else's web site you might be a victim on phished websites.
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