Yes, actually in the US a lot people are hesitant about putting their banking information down so they just use their credit/debit card.
PayPal is not a bank you need to have a bank account to open a PayPal account. The reasoning for this is because PayPal pulls the money from your bank to make purchases.
PayPal cannot directly overdraft your bank account. However, if you link your bank account to PayPal and make a purchase that exceeds your PayPal balance, PayPal may attempt to withdraw the funds from your linked bank account, which could potentially result in an overdraft if there are insufficient funds available.
Yes. It doesn't even ask for your bank account during registration.
No, you don't have to have a bank account to open a PayPal account, but unless you do have one, you can't become "PayPal Verified". Your PayPal account will initially have sending and receiving limits and to lift these limits (and withdraw any money), you need to register your bank account details to your PayPal account. You can also use a Visa credit card to send and receive payments.
No, you don 't have to have a balance in your PayPal account. If you have added your bank (or checking) account details and/or your card details to your PayPal account, you can make an "instant payment" for an item that you buy from eBay. With an "instant payment" money is automatically taken from your bank or card, paid into your PayPal account and then paid out immediately to the seller. All of this happens within seconds of you agreeing to make the payment.
Yes you can.
Yes, PayPal does allow you to make payments for purchases made on Ebay, for example directly from your bank account. It is a fairly simple process and very secure too.
No - Paypal is intended as an electronic funds transfer system. You register a bank account with them, and the funds are deducted from that account when you make an online purchase, and elect to use Paypal to pay for it.
Yes, you can open a PayPal account using a debit card. During the registration process, you can link your debit card to your PayPal account, allowing you to make transactions directly from your bank account. Just ensure that your debit card is issued by a supported bank and has the necessary features for online transactions.
Pay Pal allows you to make payment for items or services via the internet. Its kinda like the new age money order.You must open an account online on PayPal website, connecting it to your bank account, so withdrawals can be made automatically when you purchase something. Paypal handles the transfer of money from your account to the seller's Paypal account.
PayPal is not the same things as having a debit or credit card. In order to have one of the cards you must have a bank account from which the card can pull money. The card can be used practically anywhere. In order to have a PayPal account you must also have a bank account to withdraw money from. PayPal is mainly used to make online purchases through websites such as eBay. You can link you card and you PayPal together, however.
To link your PayPal account with your IBAN number for international transactions, you can add your IBAN number to your PayPal account by going to the "Wallet" section, selecting "Link a bank account," and entering your IBAN details. This will allow you to make and receive international payments using your IBAN number through PayPal.