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There is a "seller's fee" charged on transactions.

You as the seller get what is left after deducting this fee from the amount the buyer payed.

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Q: Why was the full sale amount not credited to my PayPal account after selling an item on eBay?
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How much is lost from original selling price to actual dollars when selling on eBay and using PayPal in percentages?

eBay fees will cost you approximately 10% of the final selling price of your item. In addition to that, PayPal fees will cost you approximately 3.4% of the total amount of money you receive into your account.


If you transfer an amount from your bank into PayPal and you have a slightly lesser ammount im your account will PayPal simply take the next avalable ammount or cancel the transaction?

If you have insufficient funds in your account for the amount you want to transfer, Paypal will reject the transaction.


PayPal transfered my funds from my pp account into my bank account asked me to verify that PayPal made two small deposits into my bank and i cannot remember what i had in my account before?

If you have online banking, sign in to your bank account and look at recent transactions. It will show "paypal deposit" and it is usually less than $0.25 for each amount. Once you find those, go back to paypal and verify the account by confirming the amount of each deposit.


How does pal work?

PayPal is an online service that safely allows you to purchase something online without having to give everyone your credit card information. PayPal acts as an intermediary for buying or selling. You set up an account, which will be linked to your credit card or bank account. When you buy something and the seller accept PayPal, the service pays for the item, withdrawals the amount and deposits it into the other person's account, and they will not know your bank account or credit card number.


How does pay pal works?

PayPal is an online service that safely allows you to purchase something online without having to give everyone your credit card information. PayPal acts as an intermediary for buying or selling. You set up an account, which will be linked to your credit card or bank account. When you buy something and the seller accept PayPal, the service pays for the item, withdrawals the amount and deposits it into the other person's account, and they will not know your bank account or credit card number.


How do you transfer MOL Points into your Paypal Account?

Transferring MOL Points into Paypal is easy. First login to the MOL account and go to the member page. A popup will appear and then the amount that needs to be transferred can be entered.


How do you make an instant online money transfer through PayPal?

It is really simple. The first thing you have to do is to sign up for a Paypal account, using an active email account. This will be your "Paypal address". Then, you must link a bank account or credit card account to your Paypal account so you can fund it. After you have done that, you must to ask your recipient to provide you with his/her Paypal address. Click on the "Send Money" button within your account overview and enter the recipient's Paypal address, the amount you want to transfer and the reason for the payment (you will be presented with three options). Press continue, review your information and click on the "Send Money" button and that is it!


What account that would be credited for the amount of tax collected on sales?

accounts payable


Does a credit to a liability account increase or decrease amount owed?

It increases the amount owed, because creditors would be credited


What is PayPal and what is it used for?

PayPal is an online account that allows you to receive and send money electronically with your bank account and credit cards. It is owned by eBay, and is used mainly for buying and selling through auctions. When using a personal PayPal account, simply link your PayPal account to your bank account (either savings or checking). When you make a purchase that allows you to pay with PayPal, enter your log-in information to sign into PayPal and then click "Buy." PayPal will automatically transfer the money out of your linked account and to the seller. You register your bank/checking account details (and can also register your credit/debit card details) with PayPal. This enables PayPal to take money from your bank or card and then transfer that money to anyone that you might buy something from. In this way, the seller has no access to your financial details. You can also use your PayPal account to transfer funds to a friend or family member. It costs nothing to send/spend money using PayPal. It costs nothing to receive money into a personal account, as long as the funds are sourced from a PayPal balance or a bank account. There is a charge if the payment is card-funded. If you have a Premier or Business PayPal account, you are charged a fee on every payment that you receive. Charges can be found on your local PayPal site by searching in the help section. Go to Paypal.com -- you will need a checking account -- and enter your information. PayPal will then deposit a small amount (under $1) into your checking account. Once you have verified with your bank the deposit from PayPal, then go to Paypal.com and there will be a message for you to confirm that you received the deposit. It's an online payment solution. The service allows anyone to pay in any way they prefer, including through credit cards, bank accounts, buyer credit or account balances, without sharing financial information. PayPal enables global e-commerce by making payments possible across different locations, currencies, and languages. Go to the main PayPal site, www.paypal.com, and click on the "sign up" button that you see on the homepage. On the following page, from the drop-down options select your country and then select the account type that you want to open. A "Personal" account is most suitable if you only want to use the account for buying, while a "Premier" account is best if you want to both buy and sell online. Next you need to enter your email address, choose a password and enter your name, address, and phone details, read the terms and then click on the "agree and create account" button. Once you've opened your account, you can add your bank account and/or credit card details.


Give me a Hint of 2 deposited amount by paypal in bank for confirmation of it?

They're usually very small amounts. I'm in the UK - when I created my Paypal account way back in 2009, they deposited 16p and 10p into my bank account to verify its existence.


How long does it take for a check to deposit into a Wells Fargo account?

When one makes a deposit into a Wells Fargo account before the cut-off time on the current business day, the amount will be credited to the account on that same business day. If it was deposited after the cut-off, or on a non-business day, the amount will not be credited to the account until the next business day.