Questions on creating and using Paypal account

Discussion in 'Payment Processing' started by ivounnerry, Feb 28, 2011.

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  1. #1
    Hi to all,

    I created a Paypal account but I don't have a credit card yet and will avail one maybe on the 3rd week of March.

    Here's my question: Can i accept any payment on Paypal even if I haven't a credit card yet?

    Thanks in advance for answering this one. :)
     
    ivounnerry, Feb 28, 2011 IP
  2. myautodj

    myautodj Peon

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    #2
    Yes, but in order to get your money you have to provide a bank account. If you want a business account with PayPal, then you must provide a credit or debit card for backup funding.
     
    myautodj, Feb 28, 2011 IP
  3. ivounnerry

    ivounnerry Member

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    #3
    Thank you. I just want to clarify this one because im a freelance now and I can no longer use my former boss' paypal account.
     
    ivounnerry, Feb 28, 2011 IP
  4. Disguised

    Disguised Notable Member

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    #4
    yes, you can receive & spend funds without verifying your PayPal account. However, there are certain limits for an unverified account.
     
    Disguised, Feb 28, 2011 IP
  5. Moses8595

    Moses8595 Peon

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    #5
    Yes, you can receive as much as you want....just 500$ sending limit
     
    Moses8595, Feb 28, 2011 IP
  6. jack.writer2011

    jack.writer2011 Active Member

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    #6
    Yes. one can be able to get funds even if he/she doesn't have credit card. However, there will be a withdrawal limit to this. I would suggest you to confirm/verify your bank account to life this withdrawal limit too. :)
     
    jack.writer2011, Feb 28, 2011 IP
  7. ivounnerry

    ivounnerry Member

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    #7
    Thanks for answering.. :) It's okay now..
     
    ivounnerry, Mar 4, 2011 IP
  8. YogalD

    YogalD Peon

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    #8
    You need a premier account to accept credit card payments but the fees are higher
     
    YogalD, Mar 4, 2011 IP
  9. ivounnerry

    ivounnerry Member

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    #9
    How much are the limits in accepting payments?
     
    ivounnerry, Mar 7, 2011 IP
  10. Moses8595

    Moses8595 Peon

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    #10
    There is no limit
     
    Moses8595, Mar 7, 2011 IP
  11. ivounnerry

    ivounnerry Member

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    #11
    I already received some payments on my account. Thanks for the help. :)
     
    ivounnerry, Mar 11, 2011 IP