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What else can I help you with?
Is Dishonoured cheque in cash book debit or credit?
A dishonored check is one that bounces or is not paid when presented to the bank. This will result in a debit from the person or business accepting the check.
What is Paypal most commonly used for?
PayPal, the company used to transfer money, is mostly used for exchanging money from person to person online, such as a single person's small business or eBay store.
Can you donate on PayPal?
Yep. Paypal is the payment gateway, the wallet if you wish. It is the button, shopping cart, and/or form that allows you to pay a person or business.
If a credit card has a person's name a business name on it is the person responsible for it or the business?
the person
Is a bank account needed to start a PayPal account?
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.
What is the difference between personal credit and business credit?
The difference between personal credit and business credit is that personal credit only applies to one person; one's self. However business credit can be applied to the employees in any company which are covered by the business insurance.
How would a person go about explaining to an individual what Paypal is?
Paypal is an online payment system which helps to protect the details of the buyer or the seller in a secure fashion. One can enter a credit card to their Paypal account and then not need to enter them into every different website that they buy from.
How would a person set up a merchant account for their business?
If someone wanted to set up a merchant account for free for your business, they could always go to PayPal. PayPal provides the best service and it's suggested by many people.
Is the success of using credit cards dependent upon the size and format of your business?
The format of your business seems to make little difference in the success of taking credit cards, be it a storefront business, an online business or a business that you run from home. However, the option of accepting credit cards could affect the cashflow of a small business owner in several ways. For example, if one of your customers is delinquent on an account, you can call that person and offer them the option of paying by credit card over the phone. In that way, it takes much less time for you to collect your payment, and much less time to process a credit card than to wait for a customer
Where could a person with bad credit get a business loan?
A person with bad credit could get a business loan at various banks and companies. Some of the companies that offer a business loan for people with bad credit are Venture Capital, Prosper and Lending Club.
How can a person with bad credit get a business loan?
If your personal credit is completely separate from your business credit, you can increase your chances of getting a business loan.
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.
