Hello friends..I had never dealt with paypal before..I just made a premier account..I don't want to submit my credit card info there...Is there any other way that I can receive my payment directly in my bank account without giving my credit card details?? I would also like if you could suggest me the charges while receiving and sending payments via premier account in Paypal..?? Thanks
Submitting the credit card details basically gets your account verified so that it enables Paypal to trust you while they use your bank's verification to determine the details you provided are real. If you do not want to provide any reason for paypal to trust you, your account would remain unverified and you will have a limit to how much you can withdraw or spend through paypal. I believe you can still withdraw your funds if you are unverified but to a certain limit and they can get very suspicious of your account. Inevitably, you will need to get your account verified if you want to continue to use your paypal account. As for the charges, go to Paypal website and click on 'fees' at the bottom. That contains all the fees.