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Paypal.

Can you earn 'real' money with it? As in get it physically?

         

sidyadav

12:19 pm on May 28, 2004 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



I was wondering..have heard it somewhere, that you cannot use as in get real PayPal money in hand?

I'm really new to PayPal, infact, haven't even signed up yet. I'm thinking of opening an Advertising Center for one of my sites.

So my question would be, if I sign-up with PayPal and make a merchant-tool thingy (where users pay me by clicking on those "Buy Now" buttons), and after a while, someone wants to advertise and he pays me for it through PayPal, will I get the real money in-hand?

A check? Bank-transfer? or even on my credit card?

Because I've heard somewhere (I may have misread) that you can only use PayPal money internally, as in if someone pays you - all you get is the money in your account (no physical money) which you can use to donate etc.

I'm aware that this maybe one of the most dumbest questions ever asked at WebmasterWorld, and that I could also get this info at the PayPal site -- but I don't know where to look for.

Any advice on this would be most appreciated,
Sid

2oddSox

12:24 pm on May 28, 2004 (gmt 0)

10+ Year Member



I get real money transferred to my NZ bank no probs thru PP Sid.

basenotes

12:24 pm on May 28, 2004 (gmt 0)

10+ Year Member



You can have PayPal money transfered to a bank account -- is this what you mean?

sidyadav

12:43 pm on May 28, 2004 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



Cool, thanks a lot guys :)

So it's now proved..I am a bad reader! ;)

Sid

ianama

12:44 pm on May 28, 2004 (gmt 0)

10+ Year Member



Paypal, like most direct credit card processors or third-party prcessing agents WILL allow you to transfer money to your Bank Account or to receive a check. Our transfers end up in our bank account without fail within 2 business days of initiation.

Morover, PayPal can provide merchants with a Visa/MC debit card on which they can charge up to the balance in their paypal accounts, as soon as that balance becomes available. I think this is unique to Paypal, and it's very cool in that 1) it helps with cashflow as there is no wait to receive the money in this instance and 2) you can instantly get back 1.5% of what you've spent.

ianama

viggen

12:49 pm on May 28, 2004 (gmt 0)

10+ Year Member



There are only so many countries were it is possible to transfer to your bank account, so check out the list at paypal if it is possible in yours.

sidyadav

12:51 pm on May 28, 2004 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



viggen, any ideas of where that list might be?

Sid

sidyadav

12:56 pm on May 28, 2004 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



Ah. Found it:
[paypal.com...]

NZ seems to be there, good enough :)

Sid

viggen

12:56 pm on May 28, 2004 (gmt 0)

10+ Year Member



hi sidyadav
The link is on the front page of paypal

cheers