Pay Pal Info??

[homewardbound]

Complete newbie..... Hoping to get some guidance on pay pal. How's it work? Where and how do you sign up for it? Any insights would be greatly appreciated. Thanks!!

 

[islandbeachnut]

Go to paypal.com and insert your information to open an account. What does this have to do with DVC?

 

[DebbieB]

Complete newbie..... Hoping to get some guidance on pay pal. How's it work? Where and how do you sign up for it? Any insights would be greatly appreciated. Thanks!!

Paypal is a service to transfer money over the internet. You may have heard of it in relation to renting DVC points, the payment can be sent over paypal.

 

[Hogzilla]

Some people say they don't trust Paypal, but I have been using it for years and have had ZERO problems. They also offer buyer's protection for some transactions.

 

[byoung]

Pay pal ok, but I agree what does it have to do with DVC.

 

[homewardbound]

Thanks for all the info. I have some extra points that I'm going to rent, and wanted to inquire about Paypal as I've seen it offered by some members as an acceptable method of payment.

 

[ccc002]

Paypal is essentially a service for "regular people" to transfer money to one another fairly easily. They got their start as one of the payment options accepted by Ebay 5-7 years ago. Since then, Ebay has bought them out and expanded their capability - which is a testament to the ease of the Paypal process as well as the tight security measures they take with the millions and millions of transactions that occur through Ebay.

To start, you can have Paypal pull money out of your credit card and put it in an "account" (it's not a bank...SEC filings, etc...) and you send it to another account via the recipient's e-mail address.

If you plan on receiving funds, the way to go is set them up with your checking account where they can make direct deposits at no cost for personal transactions (Ebay transactions have a processing fee).

Knowing that Paypal has both buyer and seller information, it kinda keeps everyone "playing nice". I've used paypal for over 100 transactions and have had ZERO problems.

 

[rinkwide]

They also offer buyer's protection for some transactions.

...on tangible, physical items only. Read their agreement.

Use PayPal for the convenience, not for buyer protection.