I never have figured out how Paypal WORKS, but I have learned how it does not! I did some consulting work and they insisted on paying me through paypal, so far so good. I did the work and exceeded all expectations and payment was made to my paypal account. I left the money in there for 14 months because I didn't need it and thought I may make a purchase one day. The day came when I wanted to make a purchase and paypal would not let me make the transaction. The money was there, there was no question of the payor wanting to yank his funds back. The amount I had in my paypal account exceeded the purchase price by at least 25%. The reason paypal would not let the transaction go forward was because I had not linked my account to a bank account or credit card. After a long phone call, I cancelled my paypal account and they had to send me a paper check for my balance which I believe they charged me $1.35 for the service. One other person has wanted to pay me with paypal since, I just told them bye and good luck. If paypal has my money already and I'm buying, my liability can't be more than the purchase price and shipping of the item so they do not need my bank or credit card information.
Agree x 1
Informative x 1
