Ostroff, Fair and Company
*Ostroff, Fair and Company>>>Personal Finance

Paypal????



I am selling something and i want to use paypal to receive the money. I'm not sure how paypal works. Do i HAVE to add a bank account in order to receive money. And what about the fees i dont understand that? Help!

Please, be very careful with Paypal, they hijack customer's money so they can day-trade it and put the profit in their own pockets. So they usually use "Money on hold" or "suspicious activities" as an excuse to use their customer's money.

Please check this out, and please notice that they advertise another product. Since I don't know this product and I don't know anyone who does you should distrust it too.

Write your complaint here:

http://www.paypalwarning.com

http://www.paypalsucks.com

Good luck and please let other's know about these obscure practices. Probably a congress person would be able to help.
you have to get "verified" its a pain believe me i still haven't got verified but i will. You can accept money without the credit card but you will need to if you want the money to get on the card. Or you can get verified and get the check sent home.
The easiest way is to get paid through your credit card. Paypal is very reliable and fast.
They're cost are advertised on their website. They are quite ok, especially considering the ease of the trade.

Definitely a good idea !
http://www.tips-4-success.com
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