FA: 1928-D $2.00 Red Seal US note - AU Condition, 1928-A $1.00 Ch.AU58 Silver Certificate

On Mon, 19 Nov 2007 23:30:40 -0500, "Bruce Remick"
wrote:


"tony cooper" wrote in message
.. .
On Mon, 19 Nov 2007 22:08:25 -0500, "Bruce Remick"
wrote:

I finally bit the bullet a year ago and signed up with PayPal as a means
to
pay for auctions. Boy, I agree, it is a very convenient way to pay for
things and I now see how many potential bidders might be turned off by
eBay
sellers who don't accept this means of payment. However, I've been a
little
confused as to how to enact Paypal as a means to accept payment for
auctions, so I have procrastinated. Is it a simple process to activate?

Dead simple. You get a debit card, so you can use the card to pay for
purchases. You can use the card to pay for anything since it's like
any other Master Card except that it is limited to your balance in
PayPal. I'm allowing the balance to accumulate because I'll use it to
pay for Christmas presents. It can be used anywhere a Master Card is
accepted.

You can also earn interest on the balance and earn rebates on what you
charge with the card. Considering the interest and the rebates, you
can offset the fees you pay for accepting PayPal.

Of course you can also request amounts paid into your PayPal account
transferred to your checking account.

This sounds more like what I want. I don't think I want a debit card. I
already pay for eBay items with a few PayPal clicks online.


Are there several options to be aware of?

Yep. Check off money market and cash back.

What's that do for me?

The first pays you interest on any balance you have in your PayPal.
The second pays you a small amount when you use the account to
purchase something.

Now, my PayPal payments are
simply deducted from my checking account. If I sign up to accept PayPal
payments, would they automatically be deposited in that same account?

Nope. You have to request disbursement or use the credit card.
There's a limit on disbursement amounts, but you can sweep the account
frequently.

Does that mean I can't zero out my PayPal account after receiving a payment?
I have to leave some minimum amount in there? I don't plan to use it very
often.

"Sweeping" is taking it all out after every transaction. There's a
max withdrawal amount per month of $500 until you verify your account.
Then no max amount. I forget what is required to verify the account.
It's been awhile. No big thing, though.



--


Tony Cooper
Orlando, FL

On Nov 19, 11:54�pm, tony cooper wrote:

"Sweeping" is taking it all out after every transaction. �There's a
max withdrawal amount per month of $500 until you verify your account.
Then no max amount. �I forget what is required to verify the account.

On Mon, 19 Nov 2007 20:53:25 -0600, "Mr. Jaggers"
lugburzman[at]yahoo[dot]com wrote:

Conversely, unless the seller is offering a coin that I have sought for
years, I will generally bypass the no-PayPal auction. I need a real
incentive to stand in line behind people who are practicing their
Conversational English at the post office to buy a money order.

When I do a search for a coin or other item and get multiple results
one of the first things I do is close the auctions that don't take
either PayPal or BidPay. I understand that sellers are trying to cut
costs, but they are shooting themselves in the foot by doing so.

BTW, I probably pay using BidPay about twice a year, always having to
look up my account info. BidPay takes a few extra steps when paying,
but it is still free for the buyer. I'm not sure how it works out for
the seller in fees. I actually had a BidPay account before getting
PayPal. And the only reason I signed up with PayPal initially was for
the $10 credit they were giving to each new subscriber. Someone at
PayPal knew how to get business.