How does paypal work?

i want to start selling things on ebay and want to get paypal, how much do they charge? i just opened a bank account so how is this going to work?

Comments

  • They (paypal) charge a 4% fee on incoming payments.

    Ebay charges to list items (cheap), then takes a fee, then it's sent to paypal where they take theres.

    You have to give paypal you bank account number, they'll transfer a few cents to it and you tell paypal how much they did. boom! they're linked!

    it's pretty easy, promise!

    good luck!

  • Like an escrow account!

    You pay the money or customer pays the money,they transfer it. Nobody seeing each others bank account and they charge set fees!

    see www.paypal.com TOS page. And fAQ tab!

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