Paypal - How Do You Collect? - Coin Community Forum

To participate in the forum you must log in or register.

Author	Replies: 7 / Views: 1,768
southsav Pillar of the Community 2224 Posts	Posted 10/30/2011 08:47 am I still do not understand completely how you get your money into your pocket after selling on ebay with PP. After someone pays for a purchase with PP the $$ goes into your PP account less the fees. How then do you get that $$ away from PP and into your bank/pocket? Some form of withdrawal? I've been to the PP site and searched here and Googled for the answer. Thanks for any clarification, Jim Report this Post to the Staff

tartop Valued Member 75 Posts	Posted 10/30/2011 08:58 am There is a transfer to bank account link, (under withdraw) also if you did not get one you can ask for a paypal Debit/Credit card and withdrawl $$ using that... Edited by tartop 10/30/2011 09:02 am Report this Post to the Staff
The_Duke Pillar of the Community United States 1745 Posts	Posted 10/30/2011 09:33 am Mine never sees my pocket, I buy more coins. It's my slush fund for purchases. Report this Post to the Staff
cwb1877 Pillar of the Community United States 1659 Posts	Posted 10/30/2011 10:14 am If you have a bank account linked to your PayPal account, you can transfer funds to your bank account. Report this Post to the Staff
ilikeikes Pillar of the Community United States 1205 Posts	Posted 10/30/2011 12:27 pm Don't link your bank account to paypal! If for some reason there is a disputed case opened, usually by a scammer, paypal AUTOMATICALLY deducts the funds from your paypal account until the issue is resolved(Your guilty until proven otherwise...isn't THAT special"!)...they WILL take money from your bank account to cover the funds... Instead, I just have Paypal cut me a check once a week..click the "withdraw funds" tab. Trust me, I've been through the ringer with scammers, who know how to use the buyer protection system to their advantage, mostly bullion buyers, thanks to ebay's no negatives for buyers rules, all have 100% feedback(when in doubt of a buyer's record, look at 3 years of past feedbacks, and scroll down to look for "feedback removed"...those are the people they have scammed, and, in the old days, would have been a negative)...they win EVERY time, no matter if you did nothing wrong...you better read paypalsucks.com before adding your bank account..I really advise against it..besides, it's usually a debit card used from a checking account, and, if hacked, it's very tough, and, a long wait to get money back, as compared to a regular credit card ,,most security sites will tell you to NOT use a debit card online, if at all possible... Report this Post to the Staff
Larryh86GT Valued Member United States 326 Posts	Posted 10/30/2011 3:55 pm Quote: Instead, I just have Paypal cut me a check once a week..click the "withdraw funds" tab. Thanks for your info on Paypal and scammers. Is the check then mailed to you? Report this Post to the Staff
hesgut Pillar of the Community 1028 Posts	Posted 10/30/2011 4:26 pm Quote: Don't link your bank account to paypal! If for some reason there is a disputed case opened, usually by a scammer,.....etc One time I was getting ripped off by I buyer, my paypal balance went to negative. I was fighting on ebay and the case was still unresolved. Then I made a purchase on ebay for about $7 or so. Paypal "popped" up the screen confirming my payment of $7...then charged my credit card a seperate large amount to cover the $7 plus the unresolved nagative balance. I think their guilty until proven innocent policy is wrong, but if that's their policy, fine, I'd deal with it. What I was extremely upset about was being charged the difference amount without being told so. Maybe a lawyer can chime in here....isn't it a fraudulent practice to ask a buyer to confirm a certain amount and then charge them another. My screen literally said $7, with no mention of any other charges-and my bill was far greater than that amount If I went to the grocery store, and the credit card screen said confirm $7, and I was not charged $7, that would be illegal. Why can paypal do this, even it the intent is burried somewhere in their rules/regulations. Bottom line.....I am a proud member of the ebay/paypal hate crew. Report this Post to the Staff
southsav Pillar of the Community 2224 Posts	Posted 11/03/2011 8:36 pm Yea, I didn't want to do the bank account link option. I was wondering if they would cut you a check. I guess there is a option for that? Report this Post to the Staff
	Replies: 7 / Views: 1,768

To participate in the forum you must log in or register.

All Forums Category: eCommerce and Online Auction Forums Forum: eCommerce | eBay, eCrater, Heritage, Paypal, Auction Houses, etc.

Silver Gold Bull US is the United States leading bullion dealer. We deliver gold coins, gold bars, silver coins, silver bars and precious metals to your door. Order today!

The First Dollar, your premier source for bullion and rare coins. See our bullion list on the site and the coin inventory on ebay.

View Last 100 New Topics

View Last 100 Active Topics

Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us | Advertise Here | Privacy Policy / Terms of Use

Coin Community Forum

It took 0.3 seconds to rattle this change.