Howard,
originally I had my debit card hooked to Paypal and after a while I
changed it to draw directly from my checking account. I believe it
saved me some small charge, but I don't exactly remember just now.
Pat, K9JAUAt 10:57 PM 1/12/2015, you wrote:
>Mike,
>
>The reason for PayPal is to protect your credit card from sellers. Only
>PayPal has your financial information.
>
>Here is how it works.
>
>You sign up with PayPal, it's free.
>
>During the sign up you give PayPal your banks routing number and your
>account number.
>
>Next, PayPal will make two small deposits in to your account, something like
>3 to 10 cents each.
>
>You then have to log in to PayPal to confirm that the deposits were received
>and the amount of each. This is done to confirm that the bank information
>is set up correctly.
>
>This procedure gives you a "Verified" status which tells those who you do
>business with that your address and bank information is accurate.
>
>Again, the seller does not see anything about your account, all he sees is
>your address and that you're verified.
>
>When you purchase something, the funds are removed from your bank account
>immediately so you must make sure you have the funds to cover the purchase.
>
>You also give PayPal your credit card information so that in case there are
>insufficient funds in your bank account, the credit card will be used
>instead. I wouldn't rely on this because if you have overdraft protection
>on your account, this could trigger a fee for using the overdraft protection
>instead of the credit card.
>
>I believe you can set up the payment to be from the credit card as the
>primary source of funds rather than your bank account, however, I am not
>positive about this.
>
>Another neat feature of all this, you don't have to provide the seller with
>your shipping information because it is all automatically sent to them by
>PayPal, all you have to do is to confirm that the amount is correct and tell
>payPal to complete the transaction.
>
>I have been using eBay and PayPal for over ten years and have never had an
>issue with over 100 transactions.
>
>Many online vendors now use PayPal also so you don't have to provide them
>with financial information either.
>
>It's a great system.
>
>Use it, you'll love it for its simplicity.
>
>Oh, get this, its almost 100 percent accessible. There is only one small
>issue that I have encountered, however, I will not go in to it now.
>
>I hope this helps.
>
>Howard #3,
>W A 9 Y B W
>
>
>----- Original Message -----
>From: "Michael Ryan" <[log in to unmask]>
>To: <[log in to unmask]>
>Sent: Monday, January 12, 2015 8:24 PM
>Subject: Purchasing on eBay
>
>
> > Hi all:=20
> >
> > When purchasing on eBay, does the seller of an item receive credit card =
> > numbers and the like directly?=20
> > Does eBay send the money to the seller on your be half?=20
> > I'm looking at the eBay purchase of the VFO but I can't help but wonder =
> > if I shouldn't give him the card number directly=20
> > as this is what will be used through the eBay site anyway. =20
> > Hope he'll wait for Paypal though, much easier on me. LOL=20
> >
> > 73:=20
> > Mike VO1AX=20
>
>
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