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What Is The Correct Way To Use Paypal Here At CC?

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BadThad's Avatar
United States
19963 Posts
 Posted 07/24/2010  8:06 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
johnstac - You need to link your paypal account to your bank account. When you do that there's no fees involved. Right now your primary funding source is your credit card. It's pretty easy to change this over so the credit card is your secondary source.

For the old timers, you should be able to remember when paypal was completely free. It was that way for many years until greed set in. I remember the owner/president explaining that paypal made it's money from the float time. That is the time from when the payment was made until the recepient accepted and rec'd the payment. Ahhhhh....the good old days. I was really happy when they brought the gift option in. Don't think they don't make any money when the gift option is used. They still make money from the float.
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vermontensium's Avatar
United States
16679 Posts
 Posted 07/24/2010  8:13 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
ebay and Paypal, can greed get any worse?
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RPT's Avatar
United States
924 Posts
 Posted 07/24/2010  8:18 pm  Show Profile   Bookmark this reply Add RPT to your friends list Get a Link to this Reply
With interest rates where they are today I don't think they are making much on the float.
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johnstac's Avatar
United States
327 Posts
 Posted 07/25/2010  02:58 am  Show Profile   Bookmark this reply Add johnstac to your friends list Get a Link to this Reply
I will have to look closer at my paypal account. I have my bank linked at when paying for something it automatically defaults to my bank account.

This is important to me because unlike some of you, my main source for buying is right here. I've had great experiences thus far and I want to keep it that way. After I get my camera setup, I want to post some photos of coins I bought from auctionzip.com. One of the auction houses that use auctionzip represented several coins as UNC and I lost over 1k. I can't wait to tell the whole story. In any case, I have not had a single issue on coincommunity.

So, since this is the only place I buy
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